Nationwide is the best homeowners insurance company in Washington, based on a 2023 analysis by Insurance.com, with an overall rating of 4.28. Farmers came in second with an overall rating of 4.02.
PEMCO offers the cheapest home insurance in Washington at all coverage levels.
With so many options out there, it is not easy to choose a homeowners insurance company in Washington. You need a reliable company that will provide you with quality service at an affordable price. If this is what you're looking for, then keep on reading this guide.
Key takeaways
- The average cost of home insurance in Washington is $1,659 a year or $138 a month.
- PEMCO is the cheapest home insurance company in Washington at an average rate of $919 a year.
- Nationwide ranks the best home insurance company in Washington for 2023.
- What is the average home insurance cost in Washington?
- Best home insurance companies in Washington
- Cheapest home insurance companies in Washington
- Washington home insurance rates by ZIP code
- Frequently asked questions: Washington home insurance
- Compare homeowners insurance rates by city in Washington
- Compare homeowners insurance rates with other states
- Methodology
What is the average home insurance cost in Washington?
The average cost of homeowners insurance in Washington is $1,659 a year or $138 a month. This is based on coverage of:
- $300,000 dwelling
- $300,000 liability
- $1,000 deductible.
However, the average annual premium varies by the insurance company, your ZIP code, coverage type, and your home's age, among other factors. It’s a good idea to compare price quotes from different Washington homeowners insurance companies to get the best deal.
Best home insurance companies in Washington
The best home insurance company in Washington for 2023 is Nationwide, followed by Farmers and State Farm.
Below is a full list of the top Washington insurance companies based on price, NAIC complaints and AM Best financial ratings. The total Insurance.com score is calculated out of five using these factors.
*USAA only provides coverage to military members, veterans, and their families.
Cheapest home insurance companies in Washington
Below are Washington home insurance rates by company for six different levels of dwelling coverage, each with $300,000 in liability and a $1,000 deductible. Based on our rate analysis, you’ll see PEMCO has the most affordable rates in every category.
| Company | $200,000 | $300,000 | $400,000 | $500,000 | $600,000 |
|---|---|---|---|---|---|
| PEMCO | $ 751 | $ 919 | $ 1,113 | $ 1,258 | $ 1,356 |
| Allstate | $ 915 | $ 971 | $ 1,044 | $ 1,159 | $ 1,314 |
| Nationwide | $ 958 | $ 1,199 | $ 1,468 | $ 1,745 | $ 2,067 |
| Farmers | $ 1,171 | $ 1,584 | $ 2,135 | $ 2,666 | $ 3,104 |
| State Farm | $ 1,212 | $ 1,596 | $ 2,012 | $ 2,484 | $ 2,926 |
| USAA | $ 2,021 | $ 2,472 | $ 2,890 | $ 3,314 | $ 3,711 |
Washington home insurance rates by ZIP code
Home insurance rates can vary widely depending on where the home is located. We compared home insurance rates by ZIP code in Washington to see which areas are the most and least expensive.
Enter your ZIP code and desired coverage level in the search box to see the average home insurance rate for that area. You will also see the highest and lowest premiums from major home insurers. This will give you an idea of how much you can save by comparing home insurance rates. The difference between the highest rate and the lowest rate is how much you could save by shopping around.
HOME INSURANCE CALCULATOR
Average home insurance rates in CALIFORNIA
AVERAGE RATE: $797
Most & least expensive zip codes for homeowners insurance in California
Most Expensive
| Zip Code | City | Highest Rate |
|---|---|---|
| 92325 | Crestline | $1,450 |
| 92391 | Twin Peaks | $1,426 |
| 92321 | Cedar Glen | $1,425 |
| 92352 | Lake Arrowhead | $1,423 |
Least Expensive
| Zip Code | City | Lowest Rate |
|---|---|---|
| 94086 | Sunnyvale | $742 |
| 94085 | Sunnyvale | $743 |
| 94087 | Sunnyvale | $743 |
| 95051 | Santa Clara | $743 |
The most expensive ZIP codes in Washington for home insurance
Washington homeowners insurance rates are the most expensive for ZIP code 99140, with an average annual cost of $1,944.
The most expensive ZIP codes in Washington are:
| ZIP code | Average annual rates |
|---|---|
| 99140 | $ 1,944 |
| 99401 | $ 1,941 |
| 99347 | $ 1,931 |
| 99402 | $ 1,921 |
| 98834 | $ 1,913 |
| 99148 | $ 1,901 |
The least expensive ZIP codes in Washington for home insurance
The cheapest ZIP codes for home insurance in Washington are:
| ZIP code | Average annual rates |
|---|---|
| 98383 | $ 1,377 |
| 98380 | $ 1,384 |
| 98277 | $ 1,387 |
| 98221 | $ 1,388 |
| 98311 | $ 1,396 |
| 98315 | $ 1,399 |
Frequently asked questions: Washington home insurance
What is the Washington FAIR Plan?
If you are unable to find coverage in the private market, the Washington FAIR ("Fair Access to Insurance Requirements") plan is the state's insurance option of last resort for those who can’t get homeowners insurance from the standard insurance market in Washington. It assigns policies to insurance companies.
The FAIR Plan provides basic fire insurance coverage for homes that don’t qualify on the open market. All home insurance companies must participate.
How do I file a complaint about a Washington insurance company?
The Washington state Office of the Insurance Commissioner (OIC) protects insurance consumers and oversees the insurance industry. If you have a problem with your insurance company, file a complaint with the OIC for assistance.
Do I need earthquake insurance in Washington?
A standard homeowners policy does not protect against earthquake damage. It’s a good idea to buy a separate earthquake policy or add an earthquake endorsement to your homeowner policy, but not required.
Should I get landslide insurance in Washington?
A standard homeowners policy will not cover damage caused by land movement or a landslide due to rain runoff, snowmelt, flooding and earthquakes.
You may be able to purchase a difference in conditions (DIC) policy to protect against landslides. This type of coverage is available in areas with a particular risk of natural disasters. Speak to an insurance professional to find out more.
Does homeowners insurance cover volcanoes?
A standard HO-3 home insurance policy will cover damage from a volcanic eruption.
Do I need flood insurance in Washington?
If your property is located in a flood-prone area (a "Special Flood Hazard Area"), your lender will likely require that you carry flood insurance. Even if you live in a minimal or moderate flood hazard area, you may still want to consider a flood insurance policy. Floods are not covered by standard homeowners insurance.
Flood insurance can be purchased in the private market or is widely available through the National Flood Insurance Program (NFIP).
Compare homeowners insurance rates by city in Washington
Home insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on home insurance for your specific city in Washington.
Compare homeowners insurance rates with other states
Methodology
Insurance.com commissioned 2022 home insurance rates from Quadrant Data Services fielded across all Washington ZIP codes. Rates were fielded at multiple coverage levels with a deductible of $1,000.
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