What Is The Price Of Homeowners Insurance? 
Many factors go into the price you will pay for your homeowners insurance . Here are the most important : the amount of dwelling coverage , your deductible , age of the home , cost to rebuild , condition of the home , alarm systems , your credit score , prior claims history for you and the property you are buying as well as the number of bedrooms , bathrooms and the quality of construction of the home . Most companies will use ~ $ 200/square foot to rebuild your home on Long Island , NY -LRB- although I 've seen as high as $ 2,000 / sq. ft. on high value homes -RRB- . A good rough rough estimate is approximately $ 5 / $ 1,000 of coverage . So if you were looking for $ 400,000 of coverage you could expect a rate of $ 2000/yr . Hope this helps ! 