Homeowners insurance costs an average of $1,915 a year, or about $160 a month, according to NerdWallet’s analysis. We analyzed pricing data from more than 100 insurance companies to bring you the average homeowners insurance cost in every state and the largest U.S. cities. Our sample po...
The most affordable states for homeowners insurance 1. South Dakota:$311 per year 2. Hawaii:$486 per year 3. Vermont:$865 per year 4. Oregon:$869 per year 5. New Jersey:$886 per year On the flip side, the states with the most expensive average home insurance costs in 2024 are Oklah...
average home insurance costs, policies with $300,000 in dwelling coverage can cost less than $1,000 per year, as seen in Vermont, Alaska and Delaware, but cost well over $5,000 a year in states like Nebraska and Florida. In the map below, click or hover to see the average home ...
national average of $2,258 per year — despite the risks of earthquakes, adverse weather and wildfires in the state. Insurance costs vary for several reasons, though. Washington has a lower risk of widespread home damage than some other places, which may contribute to its lower-than-average ...
Cheaper rates than average in Massachusetts Perks include cash-settlement option and a deductible waiver for claims over $50,000 Special program that pays to restore your historical home using authentic materials Cons Only offers four discounts to save on costs — fewer than other home insurance com...
to a 2022 study from the National Association of Insurance Commissioners, the average annual homeowners insurance premium in 2020 was $1,311. However, this report only tells part of the story. As you shop around for homeowners insurance, you’ll notice there’s a wide range of costs. ...
The average homeowners insurance policy premium clocks in at just under $1,200, according to theNational Association of Insurance Commissioners. Individual policies may differ based on state, location, home value, liability coverage and your credit score, among other factors. You may pay a higher ...
of Arizona homeowners insurance costs also gave us some insight on the differences in premiums by location. The table below shows the average annual cost of coverage for homeowners in each of Arizona’s 25 biggest cities, along with how that figure compares to the statewide average of $1,524...
The average cost of a homeowners insurance policy in Charlotte is $2,093, lower than the national average of $2,728. Comparatively, the average annual cost of homeowners insurance in North Carolina is $2,866 per year. Keep in mind that your insurance rate may vary depending on factors ...
Average cost of home insurance On average, home insurance in the U.S. costs $1,779 per year in 2024*, though this can vary significantly based on the factors listed above. It’s important to get quotes from multiple insurers to find the best rate for your specific situation. ...