| Year |
Homeowners (1) |
Percent change |
Renters (2) |
Percent change |
| 2000 |
$508 |
4.1% |
$175 |
2.3% |
| 2001 |
536 |
5.5 |
178 |
1.7 |
| 2002 |
593 |
10.6 |
186 |
4.5 |
| 2003 |
668 |
12.6 |
192 |
3.2 |
| 2004 |
729 |
9.1 |
195 |
1.6 |
| 2005 |
764 |
4.8 |
193 |
-1.0 |
| 2006 |
804 |
5.2 |
189 |
-2.1 |
| 2007 |
822 |
2.2 |
182 |
-3.7 |
(1) Based on the HO-3 homeowner package policy for owner-occupied dwellings, 1 to 4 family units. Provides “all risks” coverage (except those specifically excluded in the policy) on buildings and broad named-peril coverage on personal property, and is the most common package written.
(2) Based on the HO-4 renters insurance policy for tenants. Includes broad named-peril coverage for the personal property of tenants.
Source: © 2009 National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or distribution strictly prohibited without written permission of NAIC. |