How much is home insurance?

Although the national average cost of home insurance is $2,777 a year, home insurance rates vary by coverage level and location.  Other factors about your home, like its size, age, and construction type, and features like a pool, can impact your rates.

Home insurance cost by state

The most expensive state for home insurance is Oklahoma at $5,317 a year, and the cheapest state for home insurance is Hawaii at $582 a year. States where natural disasters are more common tend to have higher rates. But there's a good reason home insurance is so cheap in Hawaii despite the risks there.

“One major factor in Hawaii is the fact that most standard homeowner insurance policies do not cover hurricane damage. Hurricane Iniki, which hit in 1992, did so much damage that the majority of insurers excluded hurricane damage from their coverage. Homeowners in Hawaii now have to purchase a separate hurricane damage policy,” says Michael Barry, chief communications officer at the Insurance Information Institute.

Take a look at the average home insurance rate in your state and how it compares below.

Average homeowners insurance cost
StateAvg. annual premiumAvg. monthly premium
Alaska$1,880$157
Alabama$2,897$241
Arkansas$4,073$339
Arizona$1,966$164
California$1,380$115
Colorado$3,388$282
Connecticut$2,195$183
Washington, D.C.$1,217$101
Delaware$1,244$104
Florida$2,279$190
Georgia$2,390$199
Hawaii$582$49
Iowa$2,402$200
Idaho$1,892$158
Illinois$2,604$217
Indiana$2,721$227
Kansas$4,665$389
Kentucky$3,163$264
Louisiana$2,860$238
Massachusetts$1,603$134
Maryland$1,694$141
Maine$1,436$120
Michigan$2,319$193
Minnesota$2,327$194
Missouri$3,349$279
Mississippi$3,553$296
Montana$2,874$239
North Carolina$2,697$225
North Dakota$2,946$245
Nebraska$4,624$385
New Hampshire$1,201$100
New Jersey$1,267$106
New Mexico$2,542$212
Nevada$1,457$121
New York$1,765$147
Ohio$2,017$168
Oklahoma$4,945$412
Oregon$1,503$125
Pennsylvania$1,843$154
Rhode Island$1,552$129
South Carolina$2,763$230
South Dakota$3,529$294
Tennessee$2,870$239
Texas$3,984$332
Utah$1,421$118
Virginia$2,060$172
Vermont$1,175$98
Washington$1,659$138
Wisconsin$1,508$126
West Virginia$1,801$150
Wyoming$1,858$155

Average home insurance cost by coverage level

Here are the nationwide average annual rates for homeowners insurance at several coverage levels, including homeowners insurance for a $200,000 house and home insurance for a $400,000 house, all with a $1,000 deductible.

Average homeowners insurance cost by coverage level
Dwelling coverageLiabilityAverage annual premium
$200,000$100,000$2,218
$200,000$300,000$2,233
$300,000$100,000$2,762
$300,000$300,000$2,777
$400,000$100,000$3,215
$400,000$300,000$3,231
$500,000$100,000$3,580
$500,000$300,000$3,594
$600,000$100,000$3,823
$600,000$300,000$3,839

Get home insurance rates in your ZIP code

What you will pay for home insurance depends on many factors, but you can get a loose estimate by comparing rates in your ZIP code. Using our home insurance calculator below, you can compare average home insurance rates by ZIP code at 10 coverage levels. 

Home insurance calculator

Average home insurance rates in Florida
$200,000
$200,000 $300,000 $400,000 $500,000 $600,000
$1000
$1,000
$100,000
$100,000 $300,000
View most and least expensive ZIP codes

Most & least expensive ZIP codes for homeowners insurance in Florida

Most expensive

ZIP CodeCityHighest Rate
32805Holden Heights$5,278
33455Hobe Sound$5,273
33150Gladeview$5,065
32806Conway$5,052

Least expensive

ZIP CodeCityLowest Rate
34234North Sarasota$1,134
32071O Brien$1,136
34994North River Shores$1,137
33544Wesley Chapel$1,140

Average home insurance cost by ZIP code

Insurance.com’s analysis found the highest homeowners insurance rates in ZIP code 77471, Rosenberg, Texas.

ZIP codes in Weatherford, Oklahoma, and Hubert, North Carolina, rank second and third, respectively.

The cheapest ZIP code is in Honolulu, Hawaii followed by Sunnyvale, California.

You can also look at how much home insurance costs in your state on average to see how your ZIP compares.

We looked at home insurance estimates by ZIP code across the country to find the highest average rate for home insurance in each state and the least expensive average rate for home insurance.

Top 10 most expensive locations by ZIP code

Here are the top ten most expensive ZIP codes in the U.S. for home insurance and the cities where they're located.

Most expensive cities for home insurance
ZIP codeStateCityAverage annual premium
77471TexasRosenberg$6,638
73096OklahomaWeatherford$6,308
28539North CarolinaHubert$6,143
67861KansasLeoti$5,848
68861NebraskaOdessa$5,733
88135New MexicoTexico$5,484
29585South CarolinaPawleys Island$5,415
81041ColoradoGranada$5,057
39576MississippiWaveland$4,790

Top 10 least expensive ZIP codes for home insurance

These are the top 10 least expensive ZIP codes for home insurance in the U.S. and the cities where they're located.

Least expensive cities for home insurance
ZIP codeStateCityAverage annual premium
96813HawaiiHonolulu$579
94086CaliforniaSunnyvale$1,004
1342MassachusettsDeerfield$1,178
8504New JerseyBlawenburg$1,239
5439VermontColchester$1,241
19808DelawarePike Creek$1,250
20852MarylandNorth Bethesda$1,322
99835AlaskaSitka$1,328
98383Washington D.C.Chico$1,377

Average home insurance cost by state

Check the map below to see the average cost of home insurance in each state.

Map
Table
AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY
StateAverage annual rates for $200,000 in dwelling coverageAverage annual rates for $300,000 in dwelling coverageAverage annual rates for $400,000 in dwelling coverageAverage annual rates for $500,000 in dwelling coverage
Alabama$2,614$3,489$4,123$4,581
Alaska$1,674$2,131$2,525$2,937
Arizona$1,701$2,224$2,747$3,061
Arkansas$3,655$4,201$4,598$5,026
California$1,027$1,380$1,741$2,138
Colorado$2,964$3,661$4,142$4,162
Connecticut$1,826$2,378$2,940$3,307
Delaware$1,210$1,559$1,944$2,350
Florida*$1,786$2,426$3,005$3,530
Georgia$2,297$3,024$3,800$4,526
Hawaii$440$582$749$918
Idaho$1,841$2,453$3,062$3,684
Illinois$2,321$2,752$3,210$3,701
Indiana$2,410$3,097$3,631$3,957
Iowa$2,310$3,017$3,482$4,118
Kansas$4,094$4,939$5,427$5,996
Kentucky$3,082$3,701$4,049$4,203
Louisiana$2,317$2,905$3,494$3,696
Maine$1,310$1,756$2,134$2,387
Maryland$1,289$1,694$2,117$2,546
Massachusetts$1,278$1,603$1,952$2,315
Michigan$2,131$2,607$2,950$2,975
Minnesota$2,309$2,930$3,718$4,475
Mississippi$3,042$3,841$4,578$5,040
Missouri$2,765$3,498$4,189$4,783
Montana$2,446$2,717$3,023$3,488
Nebraska$3,800$4,893$5,433$5,892
Nevada$1,483$1,794$2,159$2,500
New Hampshire$1,152$1,551$1,950$2,342
New Jersey$1,174$1,555$1,965$2,276
New Mexico$2,030$2,926$3,624$4,071
New York$1,608$2,058$2,586$2,997
North Carolina$2,112$3,031$3,524$3,936
North Dakota$2,361$3,139$3,883$4,105
Ohio$1,835$2,267$2,760$3,171
Oklahoma$4,193$5,317$6,387$7,192
Oregon$1,695$2,198$2,662$3,072
Pennsylvania$1,720$2,198$2,670$3,039
Rhode Island$1,415$1,878$2,339$2,829
South Carolina$2,335$3,042$3,637$4,059
South Dakota$2,980$3,844$4,596$5,079
Tennessee$2,455$3,107$3,712$4,122
Texas$3,525$4,142$4,529$4,979
Utah$1,382$1,755$2,112$2,473
Vermont$1,214$1,540$1,818$1,962
Virginia$1,903$2,249$2,423$2,787
Washington$1,313$1,659$2,054$2,448
District of Columbia$1,114$1,520$1,921$2,318
West Virginia$1,982$2,539$2,996$3,511
Wisconsin$1,549$2,027$2,478$2,822
Wyoming$1,751$2,436$3,176$3,883

*Some state rates will vary based on the addition of a hurricane deductible and may be much higher when included.

How much is home insurance a month?

On average, home insurance costs about $231 per month, based on our standard dwelling coverage of $300,000, but the price depends on the coverage level.

Average home insurance cost per month
Dwelling coverageLiabilityAverage monthly premium
$200,000$100,000$185
$200,000$300,000$186
$300,000$100,000$230
$300,000$300,000$231
$400,000$100,000$268
$400,000$300,000$269
$500,000$100,000$298
$500,000$300,000$300
$600,000$100,000$319
$600,000$300,000$320

How are homeowners insurance rates calculated?

The biggest factors influencing the cost of homeowners insurance are:

  • Your home’s location. Allows the insurance company to look at the risk factors in that area.
  • Your home’s value. Bear in mind that the value used by insurance companies isn’t the same as the market value.
  • Cost to rebuild. The cost to rebuild your home if it were destroyed.
  • Construction costs. Local construction costs, including building materials availability and price, and building regulations all affect rates.
  • Your home’s age. Older homes may have more risks, such as outdated wiring.
  • Risk exposure. Risk exposure on your property, for instance, from a swimming pool, trampoline, guest house, or aggressive dog breed.
  • Fire protection. Your neighborhood’s fire protection rating )how close your home is to a fire station.)
  • Claim history. Your personal and neighborhood claims history, as well as the previous homeowner’s claim history
  • Insurance score. Your insurance score is based, in part, on your credit score (only three states don’t allow this – Massachusetts, Hawaii, and California; Maryland doesn’t use credit for home rates but does for auto rates)

For more information on how home insurance rates are determined, review some of the main factors affecting your home insurance rate. You can also use the home insurance calculator below to see what average rates are in your neighborhood.

Best home insurance companies

With every type of insurance coverage, the cheapest policy isn't always the wisest choice. You want a financially healthy insurance company that has a good reputation for service.

Insurance.com’s ranking provides an in-depth look at the best home insurance companies in 2024 based on several factors. Insurance.com ranked the major insurance companies for average price and AM Best rating based on a customer survey performed by our sister site, Insure.com. Here are the results of that analysis.

Best home insurance companies
Company NameRating (out of 5)
Erie4.6
Amica4.6
Auto-Owners4.5
State Farm4.3
Allstate4.2
American Family4.2
Nationwide3.9
Farmers3.7
Travelers3.7
Progressive3.4

While USAA is rated highly, it's not ranked because of its military eligibility requirements. Of course, the best homeowners insurance company for you will depend on personal factors. That’s why it’s best to compare policies and quotes for your specific needs before you choose a company.

Methodology

Insurance.com compared homeowners insurance rates in 2022 provided by Quadrant Data Solutions for dwelling coverage ranging from $200,000 to $600,000 with liability limits of $100,000 and $300,000 and a deductible of $1,000 for all available ZIP codes. ZIP codes were ranked based on the average rates for dwelling coverage of $300,000, liability coverage of $300,000, and a $1,000 deductible and included all credit ratings. Content was updated in 2024.

Home insurance FAQs

Why did my home insurance go up?

Home insurance rates go up for a lot of reasons. Many claims in your area or increased risk of severe weather, increases in building costs and factors related to you, like a claim you filed, can all increase rates. Call your insurance company for an explanation of your rate increase.

Why is my home insurance so high?

There are a lot of factors that go into home insurance rates. If you've filed a lot of claims, have poor credit, or there are high-risk factors in or around your home, your rates will be higher. The location also makes a big difference.

“Homeowner rates are based on actual and anticipated losses across the state, so if a state is prone to natural disasters, it will push up the cost of insurance for everyone in the state,” Barry says. “It will have the biggest impact on areas where natural disasters tend to hit most often, coastal areas, for example.”

How much should home insurance go up each year?

There's no set amount for home insurance increases, as so many factors are involved. However, you can expect an annual increase as the cost of rebuilding your home increases over time.