Oklahoma Is the Most Expensive State for Tiny Home Insurance - ValuePenguin

The cost to insure a tiny house in Oklahoma is $1,974 a year. Compared to the average rate across the 50 states and the District of Columbia, tiny home insurance in Oklahoma is 242% more expensive. Insurance alone for a tiny home costs Oklahomans 4% of their household incomes.

Even in Oklahoma, the cost to insure a 2,100-square-foot home is 68% more expensive than it is to buy coverage for a tiny house.

This pattern holds in the other states where insuring tiny homes is most expensive. Following Oklahoma, Tennessee, Kansas, Texas and Colorado are the least affordable places to insure a 400-square-foot tiny home. Homeowners insurance premiums in these states are already expensive — the frequency of damage caused by natural disasters is a reason why. Still, taken together, it's 95% more expensive than average in these places to insure a more conventionally sized home than it is to insure a tiny home.

On average across the 50 states and the District of Columbia, it costs 106% more to insure a 2,100-square-foot home than it does to insure a tiny house. While insuring a 400-square-foot home takes up an average of 1% of the U.S. median household income, the average cost of home insurance for a 2,100-square-foot home is 3% of a household's median income. In nearly every state, downsizing can save consumers money.

1	Oklahoma	$1,974	68%
2	Tennessee	$1,600	89%
3	Kansas	$1,521	72%
4	Texas	$1,387	84%
5	Colorado	$1,293	162%
6	Kentucky	$1,227	60%
7	Alabama	$1,223	49%
8	Arkansas	$1,177	58%
9	South Carolina	$1,166	74%
10	South Dakota	$1,096	92%
11	Missouri	$1,076	89%
12	Montana	$1,034	139%

Show All Rows

{"backgroundColor":"white","content":"\u003C\/p\u003E\n\n\u003Cp\u003EThe \u003Cspan\u003E\u003Ca class=\"ShortcodeLink--root ShortcodeLink--black\" title=\"Tiny Home Insurance\" href=\"https:\/\/www.valuepenguin.com\/tiny-home-insurance\"\u003Ecost to insure a tiny house\u003C\/a\u003E\u003C\/span\u003E in Oklahoma is $1,974 a year. Compared to the average rate across the 50 states and the District of Columbia, tiny home insurance in Oklahoma is 242% more expensive. Insurance alone for a tiny home costs Oklahomans 4% of their household incomes.\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodePullquote--root\"\u003E\n \u003Cp class=\"ShortcodePullquote--text ShortcodePullquote--blue\"\u003E\n \nEven in Oklahoma, the cost to insure a 2,100-square-foot home is 68% more expensive than it is to buy coverage for a tiny house.\n\n \u003C\/p\u003E\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003EThis pattern holds in the other states where insuring tiny homes is most expensive. Following Oklahoma, Tennessee, Kansas, Texas and Colorado are the least affordable places to insure a 400-square-foot tiny home. \u003Cspan\u003E\u003Ca class=\"ShortcodeLink--root ShortcodeLink--black\" title=\"Average Cost of Homeowners Insurance\" href=\"https:\/\/www.valuepenguin.com\/average-cost-of-homeowners-insurance\"\u003EHomeowners insurance premiums\u003C\/a\u003E\u003C\/span\u003E in these states are already expensive \u2014 the frequency of \u003Cspan\u003E\u003Ca class=\"ShortcodeLink--root ShortcodeLink--black\" title=\"States at Most Risk from Natural Disasters\" href=\"https:\/\/www.valuepenguin.com\/property-insurance\/states-most-at-risk-natural-disasters\"\u003Edamage caused by natural disasters\u003C\/a\u003E\u003C\/span\u003E is a reason why. Still, taken together, it's 95% more expensive than average in these places to insure a more conventionally sized home than it is to insure a tiny home.\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodeImageResponsive--root\"\u003E\n \u003Cfigure class=\"ShortcodeImage--root\"\u003E\n \u003Cpicture class=\"ShortcodeImage--picture\"\u003E\n \u003Csource\n media=\"(max-width: 1032.75px)\"\n data-srcset=\"http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/tiny-vs-standard-home-insurance-m_ipqyyh 1x, http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,f_auto,h_1600,q_auto,w_1600\/v1\/tiny-vs-standard-home-insurance-m_ipqyyh 2x\"\n\/\u003E\n \u003Cimg alt=\"Cost comparison of home insurance for tiny and standard homes\" class=\"lazyload\" data-src=\"http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/tiny-vs-standard-home-insurance_kixrox\" src=\"http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,e_blur:1000,f_auto,h_1600,q_1,w_1600\/v1\/tiny-vs-standard-home-insurance_kixrox\" data-srcset=\"http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/tiny-vs-standard-home-insurance_kixrox 1x, http:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,f_auto,h_1600,q_auto,w_1600\/v1\/tiny-vs-standard-home-insurance_kixrox 2x\"\u003E\n \u003C\/picture\u003E\n \u003C\/figure\u003E\n\u003C\/div\u003E\n\u003C\/p\u003E\n\n\u003Cp\u003EOn average across the 50 states and the District of Columbia, it costs 106% more to insure a 2,100-square-foot home than it does to insure a tiny house. While insuring a 400-square-foot home takes up an average of 1% of the U.S. median household income, the average cost of home insurance for a 2,100-square-foot home is 3% of a household's median income. In nearly every state, downsizing can save consumers money.\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ReactComponent--root\"\u003E\n \u003Cdiv class=\"js-react-component-rendered js-react-component-SortableTable\" data-component-name=\"SortableTable\"\u003E\n \u003Cdiv class=\"StyledRootWrapper-sc-3qeib4 jYHfZo\"\u003E\u003Cdiv class=\"StyledTableWrapper-sc-5nmmx9 fesmOM\"\u003E\u003Cdiv class=\"StyledTableOverflowWrapper-sc-hixhp9 gVbnK\"\u003E\u003Ctable class=\"StyledTable-sc-ujzn9t jVpJxq\"\u003E\u003Cthead class=\"StyledHeaderRow-sc-1m1b8dn cBFLrt\"\u003E\u003Ctr\u003E\u003Cth width=\"\" colSpan=\"1\" class=\"StyledHeaderCell-sc-nsptsd gkalnJ\"\u003E\u003Cdiv class=\"StyledColumnHeaderWrapper-sc-12xyb2r gPTwhA\"\u003E\u003Cspan\u003ERank\u003C\/span\u003E\u003C\/div\u003E\u003C\/th\u003E\u003Cth width=\"\" colSpan=\"1\" class=\"StyledHeaderCell-sc-nsptsd gkalnJ\"\u003E\u003Cdiv class=\"StyledColumnHeaderWrapper-sc-12xyb2r gPTwhA\"\u003E\u003Cspan\u003EState\u003C\/span\u003E\u003C\/div\u003E\u003C\/th\u003E\u003Cth width=\"\" colSpan=\"1\" class=\"StyledHeaderCell-sc-nsptsd gkalnJ\"\u003E\u003Cdiv class=\"StyledColumnHeaderWrapper-sc-12xyb2r glLrYA\"\u003E\u003Cspan\u003ECost to insure tiny house ($500 deductible)\u003C\/span\u003E\u003C\/div\u003E\u003C\/th\u003E\u003Cth width=\"\" colSpan=\"1\" class=\"StyledHeaderCell-sc-nsptsd gkalnJ\"\u003E\u003Cdiv class=\"StyledColumnHeaderWrapper-sc-12xyb2r glLrYA\"\u003E\u003Cspan\u003EPercentage difference from conventionally sized home\u003C\/span\u003E\u003C\/div\u003E\u003C\/th\u003E\u003C\/tr\u003E\u003C\/thead\u003E\u003Ctbody class=\"StyledBody-sc-14y8oc0 dcdMVT\"\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E1\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EOklahoma\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,974\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E68%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E2\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003ETennessee\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,600\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E89%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E3\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EKansas\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,521\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E72%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E4\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003ETexas\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,387\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E84%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E5\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EColorado\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,293\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E162%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E6\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EKentucky\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,227\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E60%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E7\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EAlabama\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,223\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E49%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E8\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EArkansas\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,177\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E58%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E9\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003ESouth Carolina\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,166\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E74%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E10\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003ESouth Dakota\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,096\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E92%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E11\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EMissouri\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,076\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E89%\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003E12\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee XfhRD\"\u003EMontana\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E$1,034\u003C\/td\u003E\u003Ctd colSpan=\"1\" rowspan=\"1\" width=\"\" class=\"StyledBodyCell-sc-5cu9ee frAYUA\"\u003E139%\u003C\/td\u003E\u003C\/tr\u003E\u003C\/tbody\u003E\u003C\/table\u003E\u003C\/div\u003E\u003C\/div\u003E\u003Cdiv role=\"button\" class=\"StyledExpander-sc-1gnrutu ckEygv\"\u003EShow All Rows\u003C\/div\u003E\u003Cp class=\"SortableTable--footnote\"\u003EChart shows the percentage difference in the cost to insure a 2,100-square-foot home compared to the cost to insure a 400-square-foot tiny home.\u003C\/p\u003E\u003C\/div\u003E\n \u003C\/div\u003E\n\n \u003Cscript type=\"application\/json\" class=\"js-react-component\" data-component-name=\"SortableTable\"\u003E{\"alignsHorizontal\":[\"left\",\"left\",\"right\",\"right\"],\"alignsVertical\":[],\"columnWidths\":[],\"data\":[[\"Rank\",\"State\",\"Cost to insure tiny house ($500 deductible)\",\"Percentage difference from conventionally sized home\"],[\"1\",\"Oklahoma\",\"$1,974\",\"68%\"],[\"2\",\"Tennessee\",\"$1,600\",\"89%\"],[\"3\",\"Kansas\",\"$1,521\",\"72%\"],[\"4\",\"Texas\",\"$1,387\",\"84%\"],[\"5\",\"Colorado\",\"$1,293\",\"162%\"],[\"6\",\"Kentucky\",\"$1,227\",\"60%\"],[\"7\",\"Alabama\",\"$1,223\",\"49%\"],[\"8\",\"Arkansas\",\"$1,177\",\"58%\"],[\"9\",\"South Carolina\",\"$1,166\",\"74%\"],[\"10\",\"South Dakota\",\"$1,096\",\"92%\"],[\"11\",\"Missouri\",\"$1,076\",\"89%\"],[\"12\",\"Montana\",\"$1,034\",\"139%\"],[\"13\",\"Minnesota\",\"$1,002\",\"112%\"],[\"14\",\"North Carolina\",\"$958\",\"47%\"],[\"15\",\"Mississippi\",\"$944\",\"67%\"],[\"16\",\"Michigan\",\"$938\",\"65%\"],[\"17\",\"Georgia\",\"$929\",\"88%\"],[\"18\",\"Iowa\",\"$919\",\"56%\"],[\"19\",\"North Dakota\",\"$855\",\"110%\"],[\"20\",\"New Mexico\",\"$845\",\"80%\"],[\"21\",\"Florida\",\"$827\",\"139%\"],[\"22\",\"Nebraska\",\"$825\",\"196%\"],[\"23\",\"Ohio\",\"$825\",\"58%\"],[\"24\",\"Rhode Island\",\"$807\",\"111%\"],[\"25\",\"Illinois\",\"$789\",\"72%\"],[\"26\",\"Indiana\",\"$778\",\"56%\"],[\"27\",\"Louisiana\",\"$751\",\"134%\"],[\"28\",\"Wyoming\",\"$750\",\"101%\"],[\"29\",\"West Virginia\",\"$741\",\"59%\"],[\"30\",\"Arizona\",\"$688\",\"100%\"],[\"31\",\"Massachusetts\",\"$685\",\"158%\"],[\"32\",\"Virginia\",\"$666\",\"137%\"],[\"33\",\"New Hampshire\",\"$625\",\"112%\"],[\"34\",\"Wisconsin\",\"$620\",\"81%\"],[\"35\",\"Connecticut\",\"$607\",\"167%\"],[\"36\",\"New York\",\"$577\",\"160%\"],[\"37\",\"Alaska\",\"$572\",\"126%\"],[\"38\",\"Oregon\",\"$564\",\"112%\"],[\"39\",\"Pennsylvania\",\"$524\",\"72%\"],[\"40\",\"Idaho\",\"$514\",\"105%\"],[\"41\",\"Nevada\",\"$512\",\"114%\"],[\"42\",\"Utah\",\"$509\",\"123%\"],[\"43\",\"Maine\",\"$490\",\"100%\"],[\"44\",\"Maryland\",\"$454\",\"208%\"],[\"45\",\"New Jersey\",\"$448\",\"167%\"],[\"46\",\"California\",\"$445\",\"298%\"],[\"47\",\"Washington\",\"$439\",\"168%\"],[\"48\",\"District of Columbia\",\"$431\",\"534%\"],[\"49\",\"Vermont\",\"$409\",\"102%\"],[\"50\",\"Delaware\",\"$331\",\"136%\"],[\"51\",\"Hawaii\",\"$186\",\"484%\"]],\"footnote\":\"Chart shows the percentage difference in the cost to insure a 2,100-square-foot home compared to the cost to insure a 400-square-foot tiny home.\",\"hasMarginBottom\":true,\"isExpandable\":true,\"isSortable\":false,\"maxWidth\":\"1215\",\"minWidth\":\"100%\",\"showSearch\":false,\"sortColumnIndex\":0,\"sortDirection\":\"asc\"}\u003C\/script\u003E\n\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003E","padding":"double"}

Adblock test (Why?)

"expensive" - Google News
August 16, 2021 at 07:51PM
https://ift.tt/3yXbPMM

Oklahoma Is the Most Expensive State for Tiny Home Insurance - ValuePenguin
"expensive" - Google News
https://ift.tt/2GwwnlN
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update

Bagikan Berita Ini