What Does Home Insurance Cost? 
There are several types of homeowner 's insurance . The most common is the HO-3 or `` all-risk '' policy . Most companies provide coverage based upon the estimated cost of replacing the buildings on the property . A variety of factors affect the rate charged by the companies for comparable coverage . A primary concern is the location of the property , another is the history of previous losses , another is the availability of fire protection , and then there are many additional considerations including the use of the building , the presence of animals , the proximity to the ocean and many others . It is a complicated process . 