Insurance pricing is based on the fundamental premise that everyone should pay his or her fair share of the insurance company's costs of providing insurance to hundreds of thousands of insurance buyers. But how should that fair share be determined? The answer is complicated by the fact that nobody knows for sure what losses if any, a homeowner will have until after his or her policy is issued and paid for. This course examines the factors insurers commonly consider when pricing homeowners insurance for an individual or a family, and discusses the reasoning behind those factors.