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The Average Cost of Home Insurance in 2026

National average annual premium: $1,820 ($152/mo). Up 8.4% YoY but decelerating from the 12% jump in 2025.

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Updated May 21, 2026 · Methodology

2026 national averages — home insurance at a glance
  • Metric
    Standard HO-3 policy
    Avg monthly
    $152
    Avg annual
    $1,820
    YoY change
    +8.4%
  • Metric
    Median replacement cost
    Avg monthly
    Avg annual
    $420K
    YoY change
    +5.2%
  • Metric
    Median deductible
    Avg monthly
    Avg annual
    $1,000
    YoY change
    flat
  • Metric
    Median dwelling coverage
    Avg monthly
    Avg annual
    $380K
    YoY change
    +5.2%
DP
Written by
David Park
VP of Data Science
SC
Edited by
Sarah Chen
Editorial Director
PW
Reviewed by
Dr. Patricia Wong
Insurance Industry Analyst
MA
Data review
Marcus Allen
Senior Editor
Why you can trust these averages:Medians computed from 380K shopper-submitted home-insurance binding quotes through Insurances Quote (Jan 2024 – May 2026), blended with publicly filed state-DOI rate data.

The U.S. average annual home insurance premium is approximately $1,820 ($152/month)for standard HO-3 coverage on a $420K-replacement-cost home with $1,000 deductible. Premiums rose 8.4% year-over-year through Q1 2026 — meaningfully less than the 12% jump in 2025, as reinsurance markets stabilized and construction-cost inflation slowed.

State spread is dramatic: Vermont averages $868/yr; Florida averages $2,840/yr. The 3× spread reflects the underlying CAT exposure differences. Your individual premium depends most on your ZIP, replacement cost, roof age, claim history, and distance to fire hydrant + station.

Quick facts
  • Premiums up 30% cumulative since 2022 — driven by reinsurance + construction-cost inflation.
  • CAT-prone states (FL, LA, TX, OK) lead the most-expensive list every year.
  • Cheapest carriers undercut the national average by ~20% — comparison saves $300+/yr for most.

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Average cost by home value

Average annual premium by replacement cost
  • Replacement cost
    $200K
    Avg annual
    $1,140
    Typical deductible
    $1,000
    vs. $420K baseline
    −37%
  • Replacement cost
    $300K
    Avg annual
    $1,520
    Typical deductible
    $1,000
    vs. $420K baseline
    −16%
  • Replacement cost
    $420K
    Avg annual
    $1,820
    Typical deductible
    $1,000
    vs. $420K baseline
    baseline
  • Replacement cost
    $500K
    Avg annual
    $2,160
    Typical deductible
    $1,500
    vs. $420K baseline
    +19%
  • Replacement cost
    $750K
    Avg annual
    $2,940
    Typical deductible
    $2,500
    vs. $420K baseline
    +62%
  • Replacement cost
    $1M
    Avg annual
    $4,200
    Typical deductible
    $5,000+
    vs. $420K baseline
    +131%
  • Replacement cost
    $1.5M+
    Avg annual
    $6,800+
    Typical deductible
    specialty
    vs. $420K baseline
    specialty markets only
DP
Expert Tip
David Park
VP of Data Science
Premium scales sub-linearly with replacement cost. Doubling RC doesn’t double the premium — most carriers use diminishing-marginal-cost curves on dwelling. But once you cross the $1M dwelling threshold, you move into the high-value specialty market (Chubb, AIG Private Client, PURE) which is a different pricing universe entirely.

Average cost by roof age

Roof age is one of the most actionable rate factors. Carriers in hail-prone states (TX, OK, KS, NE) increasingly use steep roof-age surcharges.

Premium adjustment by roof age (national average, $420K home)
  • Roof age
    0–5 years
    Avg annual
    $1,640
    vs. new roof
    −10%
  • Roof age
    6–10 years
    Avg annual
    $1,756
    vs. new roof
    −4%
  • Roof age
    11–15 years
    Avg annual
    $1,820
    vs. new roof
    baseline
  • Roof age
    16–20 years
    Avg annual
    $1,978
    vs. new roof
    +9%
  • Roof age
    21–25 years
    Avg annual
    $2,184
    vs. new roof
    +20%
  • Roof age
    25+ years
    Avg annual
    $2,420+
    vs. new roof
    +33% (or non-renewal in hail belt)

Average cost by claim history

A single claim in the last 5 years typically adds 20% to your premium; two claims push the rate substantially higher, and some carriers won’t quote 3+ recent claims.

Premium adjustment by 5-year claim history
  • Claim history
    No claims (5+ yrs)
    Avg annual
    $1,712
    vs. clean
    −6% (claim-free discount)
  • Claim history
    1 claim
    Avg annual
    $1,820
    vs. clean
    baseline
  • Claim history
    1 claim + 1 inquiry
    Avg annual
    $1,968
    vs. clean
    +8%
  • Claim history
    2 claims
    Avg annual
    $2,302
    vs. clean
    +27%
  • Claim history
    3+ claims
    Avg annual
    $2,840+
    vs. clean
    +56% (or non-renewal in many markets)

See your real rate

National average is a starting point. Get binding quotes for your specific home.

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Above or below the national average?

Pros
  • Below national avg + good claim history = you're right.
  • Below avg + recent claim = your carrier may have lost track. Verify discounts.
  • 15% above avg with new roof + clean history = shop now.
  • 30%+ above avg with clean home = almost certainly overpaying.
Cons
  • Above avg in a CAT zone is normal.
  • Above avg with old roof = expected; replace roof to drop premium 30%+.
  • Above avg with recent claim = expected for 3–5 years.
  • Above avg + non-renewal threat = move quickly to find new carrier.

Frequently asked questions

Why have home insurance rates gone up so much?
Three drivers: reinsurance costs (especially in CAT-prone states), construction + labor cost inflation, and increased severe-weather losses. Cumulative ~30% increase since 2022.
Why is the average so much higher in some states?
CAT exposure dominates. Florida + Louisiana together account for nearly half of U.S. hurricane losses; Texas + Oklahoma sit in the hail belt; California has wildfire exposure.
What's "average" calculated against?
Median (not mean) of 380K shopper-submitted binding quotes through Insurances Quote (Jan 2024 – May 2026), normalized to 3-BR, 1,800 sq ft, $420K replacement cost, $1,000 deductible.
Will rates keep going up in 2027?
Most carriers indicate 2027 increases in the 4–6% range — substantially lower than 2024–25 spikes, but still above the long-term CPI baseline. Reinsurance markets are stabilizing but losses remain elevated.
How can I get my rate below the average?
Bundle with auto, raise deductible, replace 15+ year-old roof, install monitored alarm, and re-shop annually. Stacking these moves typically drops premium 25–35%.

Sources

  1. NAIC — Homeowners Insurance Database Report
  2. Insurance Information Institute — Premium Trends
  3. Insurance Research Council — 2026 Annual Report

Methodology

Averages are medians across 380K shopper-submitted home-insurance binding quotes through Insurances Quote (Jan 2024 – May 2026), blended with publicly filed state-DOI rate data. Profile normalized: 3-BR, 1,800 sq ft single-family home, $420K replacement cost, $1,000 deductible, standard HO-3 form.

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Advertiser Disclosure

Insurances Quote is an independent insurance marketplace. We are paid by carriers when shoppers switch to a policy we’ve helped match — never by the shopper. We don’t resell your lead data to third-party buyers, and the carrier rankings on this page reflect our composite quality score (35% claims, 30% price, 20% service, 15% digital tools), not paid placement.

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