When determining the cost of homeowner insurance, several factors are taken into account. These include the location of the home, the age and condition of the property, the coverage amount, the deductible chosen, the homeowner's credit score, the presence of safety and security features in the home, and the claims history of the homeowner. Additionally, factors such as the type of construction, proximity to fire stations, and the presence of swimming pools or trampolines on the property can also impact the cost of homeowner insurance. It's important to shop around and compare quotes from different insurance providers to find the best coverage at a competitive price.