What Is A Good Monthly Payment For Home Insurance?

The average monthly cost of homeowner's insurance in the United States is $126, but prices vary substantially by state. The monthly average cost of home insurance ranges from $57 to $242, depending on the state in which you reside.

Individual state averages are based on each state's median home value, which we used to approximate the cost of rebuilding a home.

Multiple variables contribute to differences in state averages, including the specific house insurance risks in each state and the amount of coverage a typical homeowner purchases in each state. Your rates may also differ from the state average.

Which States Have the Highest House Insurance Premiums?

The states with the most frequent natural disasters also have the highest home insurance premiums.

Wildfires in Colorado have driven costs much above the national average. Texas is the third-most expensive state partly because of its regular hurricanes and tornadoes.

Nebraska, Oklahoma, and Kansas make out the top five states with the most costly home insurance premiums. In these five states, homeowners pay 49% more annually for home insurance than the average American.

Which States Have the Lowest Premiums?

Vermont, Pennsylvania, New Hampshire, Delaware, and Wisconsin have the least expensive homeowner's insurance rates. These states typically have fewer natural disasters, lower house prices, or both.

In these states, the average cost of homeowner's insurance is less than $71 per month. The average cost of homeownership in these states is 44% cheaper than the national average.

These rates were obtained publically from insurer filings and should only be used for comparison purposes; your own quotations may differ.