Remember the cost of insuring a million dollar home will vary according to the region or state you live in.
if you live on a coastline near a hurricane area,
it will cost you about triple the average.
If you live in Texas near tornado alley,
your insurance will cost you much more than elsewhere.
Texas has the highest home insurance rates in the nation.
Oklahoma and Florida are all the most expensive states for getting home owner`s insurance.
if you own a million dollar house in one of these states,
you can expect to pay about 5000 per year or more in premiums.
it will cost you 3500 or so.