Deciphering the cost of home insurance from one place to another is almost impossible. But two professors — Benjamin Keys of the Wharton School of the University of Pennsylvania and Philip Mulder at the University of Wisconsin — found a workaround. They obtained data showing how much millions of American households pay to mortgage service companies, which typically includes insurance. Then they deducted payments for mortgages, property taxes and other fees, leaving them with an estimate of home insurance premiums.
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