How homeowner insurance rates have spiked

Nationwide, an average homeowner paid $909 for homeowner insurance coverage in 2010, up 36 percent from 2003. Inflation rose 19 percent during the same period. Here’s a look at what homeowners in states bordering the Atlantic Ocean or Gulf of Mexico paid, ranked by percentage change since 2003. The totals do not include flood insurance, which is sold separately under a federal program.

1. Florida: $1,544, up 90.6 percent(asterisk).

2. Rhode Island: $1,092, up 62.3 percent.

3. Louisiana: $1,546, up 58.6 percent.

4. Massachusetts: $1,050, up 56.5 percent.

5. Alabama: $1,050, up 54.2 percent.

6. Mississippi: $1,217, up 53.5 percent.

7. South Carolina: $997, up 48.4 percent.

8. New Jersey: $867, up 48.2 percent.

9. Connecticut: $1,052, up 47.3 percent.

10. New Hampshire: $791, up 46.8 percent.

11. Maine: $676, up 46.3 percent.

12. Georgia: $833, up 46.1 percent.

13. New York: $1,044, up 44.8 percent.

14. Delaware: $636, up 43.9 percent.

15. Virginia: $753, up 34.5 percent.

16. Maryland: $784, up 34.3 percent.

17. North Carolina: $757, up 31.4 percent.

18. Texas: $1,560, up 17.5 percent(asterisk).

(asterisk)Note: The National Association of Insurance Commissioners warns that Florida data excludes policies from Citizens Property Insurance Corp. and may not be directly comparable to other states. Items covered by policies in Texas can be different and can also provide comparison problems.

Source: National Association of Insurance Commissioners.

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