Home insurance is based on many things. Your credit and the area you live. Talk to your agent and see what coverages you have and what you need. Then use that information and talk to several other companies and see who is giving you the best deal.
I have clients purchasing $300-400k homes with insurance under $600 yr. There are so many options you need to know what coverage you need and then shop it around to ensure you are getting a good deal.
Good luck to you.
REALTOR | Mortgage Broker
Keller Williams Realty | 360 Lending Group