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Home Insurance: 44% Higher for Older Homes, Best Rates Revealed

3/20/2025

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Summary

Story summary

Insuring a 50-year-old home can be a staggering 44% pricier than a brand-new one. Among the top contenders, Progressive shines with the lowest rates for high deductibles and dwelling coverage, while Westfield closely follows. Nationwide stands out for its impressive bundling discounts, making it a smart choice for homeowners seeking savings.

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Story summary

Insuring a 50-year-old home can be a staggering 44% pricier than a brand-new one. Among the top contenders, Progressive shines with the lowest rates for high deductibles and dwelling coverage, while Westfield closely follows. Nationwide stands out for its impressive bundling discounts, making it a smart choice for homeowners seeking savings.