How much is too much for homeowners insurance?

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I recently got my bill in the mail from Travelers Insurance. I went with them because when I called up Geico to renew my auto insurance, they mentioned they cut a deal with these guys to give me the best deal on homeowners insurance. But did they? I own a fairly new house (it’s a year old) and am slated to pay $1,043.00 for the upcoming year to cover:

My homeowners insurance premium

Also last week I got a quote in the mail from Allstate saying they could cut it for HALF the price with this quote:
Allstate insurance quote

Who is the real deal here? My house is about 2700 sq ft. 2 story, built in Nov 2006, 5 bed, bonus, 2.5 bath, nothing out of the ordinary, in a good area, not in a flood plain, not subject to high winds or fire zones. What do you pay for homeowners insurance? Do you have a better deal? A better recommendation? Certainly I’d like to re-invest that extra $500.00 per year in a better place, but I don’t want to get bent over in regards to payments - ideas? Suggestions?

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Tags: Debt, House, Insurance, Real Estate, Uncategorized //

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