On average how much does home insurance cost?

Or if you could help me out further, how much would home insurance normally run on a $200,000 house?

There are several things that go into insurance cost, including how new your home is, how secure it is, how close it is to fire stations, etc. Basically, it’s based upon the risk of your house getting destroyed or damaged.

It shouldn’t be too much though. I’d guess a few hundred dollars a year.