A $1m house costs roughly 4k a year to insure in SoCal outside the fire and flood zones. A million dollar house bought a few decades ago might have similar property taxes, thanks to prop 13. Obviously, if it was bought more recently and is in a fire zone, those numbers may be notably larger.David_Cary,
I have a 2.2M house and don't spend much more than you do so I am not as skeptical as others. But it is new, all-electric with solar, so my ongoing costs are lower than average. My cars are electric and paid for.
I am not in CA. I am just curious what is the approximate annual home owner insurance premium for a 2.2M house in CA.
Thanks in advance.
KlangFool
Statistics: Posted by jackholloway — Thu Oct 17, 2024 11:58 pm — Replies 43 — Views 2647