How Much Is Insurance When Buying A Home? 
Good Question . It will depend on many factors including ; Year Built , Construction Type , Square Feet of Living Area , Roof Type , Updates to Plumbing , Heating , Electrical , & Roof , Pets , Pool & Credit history of the buyer . You cover the home for what it will cost to rebuild . The mortgage company will require this as well . On the appraisal it will list how much the appraiser feels it would cost . This is usually based on the GLA , or gross living area , of the home and the quality of construction . Also the area you live in will impact the rate as well . If you live in Florida you are more prone to hurricanes . If you live in California you are more prone to earthquakes . My suggestion would be to contact your local independent agent to get the best rate . As a very very rough idea it costs about $ 450 per $ 100,000 of building coverage on Long Island , NY . Hope this answer helps . 