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Rates by state

Home Insurance Rates by State (2026)

Average annual premiums for standard HO-3 coverage in every U.S. state. Range: $868 (Vermont) to $2,840 (Florida) — over 3× spread.

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Updated May 21, 2026 · Methodology

Average annual home insurance premium by state (May 2026, $420K replacement cost)
  • State
    Vermont
    Avg annual
    $868
    Notes
    Low claim frequency, stable carrier market
  • State
    Oregon
    Avg annual
    $912
    Notes
    Low CAT exposure outside wildfire zones
  • State
    Idaho
    Avg annual
    $948
    Notes
    Strong regional mutual presence
  • State
    Wisconsin
    Avg annual
    $1,012
    Notes
    Stable rates, broad carrier choice
  • State
    Pennsylvania
    Avg annual
    $1,148
    Notes
    Aging-housing surcharges common
  • State
    New Hampshire
    Avg annual
    $1,182
    Notes
    Low CAT, stable rates
  • State
    Indiana
    Avg annual
    $1,206
    Notes
    Mid-tier hail exposure
  • State
    Ohio
    Avg annual
    $1,254
    Notes
    Standard claim frequency
  • State
    Maine
    Avg annual
    $1,288
    Notes
    Old housing stock adjustments
  • State
    Iowa
    Avg annual
    $1,342
    Notes
    Hail belt edge, moderate exposure
  • State
    Tennessee
    Avg annual
    $1,386
    Notes
    Tornado + hail exposure
  • State
    Michigan
    Avg annual
    $1,412
    Notes
    High UM rate, claim density
  • State
    North Carolina
    Avg annual
    $1,418
    Notes
    Coastal vs inland spread is wide
  • State
    California
    Avg annual
    $1,394
    Notes
    Wildfire surcharges; carrier pullback
  • State
    New York
    Avg annual
    $1,448
    Notes
    Coastal vs. inland; high construction costs
  • State
    Texas
    Avg annual
    $2,128
    Notes
    Hail + hurricane on Gulf coast
  • State
    Oklahoma
    Avg annual
    $2,392
    Notes
    Hail-belt state; high deductibles common
  • State
    Florida
    Avg annual
    $2,840
    Notes
    Highest avg in U.S.; hurricane deductible
  • State
    Louisiana
    Avg annual
    $2,712
    Notes
    Hurricane + flood overlap; second-highest
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 state averages: Median binding-grade quotes from 380K shopper-submitted home comparisons through Insurances Quote, blended with publicly filed state-DOI rate data.

Home insurance rates vary more by state than nearly any other personal-finance product. The cheapest state (Vermont, $868/yr) and most expensive (Florida, $2,840/yr) differ by more than 3× for identical dwelling profiles. The spread reflects underlying loss landscape: hurricane, hail, wildfire, tornado exposure; reinsurance markets; construction-cost regional differences; and state-DOI regulatory approval cycles.

Quick facts
  • National average annual premium: $1,820 (+8.4% YoY in 2026).
  • CAT-prone states (FL, LA, TX, OK) account for the top 4 most-expensive.
  • Cheapest 5 states all share: low CAT exposure + stable carrier market + low theft.

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Why rates vary so much by state

  • Severe weather frequency — hurricane, wildfire, hail, tornado losses dominate state-level pricing.
  • Reinsurance markets — carriers reinsure globally; reinsurance pricing rolls forward into 2026 rates.
  • Construction and labor costs — rebuild costs vary widely by region; pulled premiums up unevenly.
  • State regulations — some state DOIs approve rate filings faster; allows carriers to respond to losses quicker.
  • Housing stock age — older housing markets (Northeast) face higher surcharges for system updates.
  • Carrier participation — California wildfire and Florida hurricane caused several majors to stop writing new business; fewer carriers = higher prices.
DP
Expert Tip
David Park
VP of Data Science
Florida and Louisiana premiums aren’t high because Floridians are bad insurance risks — they’re high because the entire state insurance market is reckoning with hurricane reinsurance costs. Even excellent risks in those states pay 2–3× the national average.

State minimum vs. recommended dwelling coverage

Pros
  • Lower premium with state-minimum dwelling.
  • Works if you have an emergency fund covering the rebuild gap.
  • Lender often accepts mortgage-balance-equivalent coverage.
  • Frees budget for higher liability + umbrella.
Cons
  • Underinsured dwelling = partial-payout on every claim (coinsurance clause).
  • Real replacement cost is 30–50% above market value for most homes.
  • 80% coinsurance enforcement = $25K kitchen fire paid at 75%, you cover the rest.
  • New roof, new HVAC = your replacement cost has gone up. Verify yearly.

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Frequently asked questions

Why is home insurance so expensive in Florida?
Hurricane exposure + a fraud/litigation environment that has historically driven costs higher than any other state. 2024 tort reforms are helping, but Florida remains #1 for 4+ years.
What's the cheapest state for homeowners insurance?
Vermont ($868/yr) — low CAT exposure, stable carrier market, low theft. Oregon ($912), Idaho ($948), Wisconsin ($1,012), and New Hampshire ($1,182) round out the cheapest 5.
Does moving states change my home insurance rate?
Yes — significantly. State-level differences can mean 50–200% changes for identical dwelling profiles. Always re-quote when you move.
Why are CA carriers pulling out?
Wildfire losses in 2017–2025 exceeded reinsurance availability. Several majors paused new business statewide. 2026 DOI approval of forward-looking wildfire models is expected to help carriers re-enter.
Do all carriers write in all states?
No. State Farm, Allstate, Travelers, Liberty Mutual write in most. Regional mutuals (Erie, Auto-Owners, Amica) are limited to 12–25 states. USAA writes nationally but only to military.

Sources

  1. NAIC — Homeowners Insurance Database Report
  2. Insurance Information Institute — State-by-State Premium Data
  3. State Departments of Insurance — Public rate filings

Methodology

State medians from 380K shopper-submitted home-insurance binding quotes through Insurances Quote (Jan 2024 – May 2026), normalized to a 3-BR, 1,800 sq ft single-family home with $420K replacement cost and $1,000 deductible. Blended with publicly filed state-DOI rate data where shopper sample is thin.

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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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