“Factors and Regions That Influence the Cost of Home Insurance”

Factors that affect the cost of home insurance

The price of home insurance is influenced by several factors. We find in particular the type of housing, the value of the goods inside and the existence of a garden. However, the location of the property and its exposure to risk are key factors in determining the amount of the premium.

According to a study carried out by the insurer Acheel, the budget allocated to home insurance can vary considerably depending on the location of the property and the associated risks. The most expensive regions are Île-de-France, Provence-Alpes-Côte d’Azur and Occitanie. Regions where large cities are more vulnerable to theft and vandalism.

Where to find the most competitive rates?

The most advantageous region in terms of home insurance prices is Brittany. In Rennes, the average annual premium is 65.66 euros. While in Brest, it is 67.14 euros. In second position, we find the Pays de la Loire, with an average annual premium of 67.25 euros in Angers.

Centre-Val de Loire ranks third for the most affordable home insurance rates. The average annual premium is 71.44 euros in Tours. Other regions also offer competitive rates. This is the case of Normandy, the Great East, Burgundy-Franche-Comté. But also from Auvergne-Rhône-Alpes, Aquitaine and Hauts-de-France. On the other hand, the highest home insurance premiums are observed in Paris, Marseille and Lyon, where the average annual rate is 126 euros.