How we put this guide together: state and company figures come from NerdWallet’s May 2026 analysis of median rates in every ZIP code (40-year-old homeowner, good credit, 1984 two-story home, $400,000 dwelling, $300,000 liability, $1,000 deductible). Monthly figures are NerdWallet’s. Insurify’s October 2026 data is shown for comparison. See our advertiser disclosure.
Get the best home insurance rates in your location
Select two or more insurance companies to compare rates where you live. Free, no obligation.
Sponsored listings. Insuretro may be paid if you click a listing; it doesn’t change your price.Average home insurance cost by state
| State | Average a year | About a month |
|---|---|---|
| Alabama | $4,285 | $357 |
| Alaska | $1,385 | $115 |
| Arizona | $3,415 | $285 |
| Arkansas | $4,955 | $413 |
| California | $1,820 | $152 |
| Colorado | $3,910 | $326 |
| Connecticut | $2,135 | $178 |
| Delaware | $1,365 | $114 |
| Florida | $2,845 | $237 |
| Georgia | $3,225 | $269 |
| Hawaii | $900 | $75 |
| Idaho | $2,195 | $183 |
| Illinois | $3,240 | $270 |
| Indiana | $2,985 | $249 |
| Iowa | $3,765 | $314 |
| Kansas | $5,455 | $455 |
| Kentucky | $3,795 | $316 |
| Louisiana | $2,020 | $168 |
| Maine | $1,525 | $127 |
| Maryland | $2,375 | $198 |
| Massachusetts | $1,645 | $137 |
| Michigan | $2,415 | $201 |
| Minnesota | $3,615 | $301 |
| Mississippi | $4,445 | $370 |
| Missouri | $3,805 | $317 |
| Montana | $3,765 | $314 |
| Nebraska | $6,015 | $501 |
| Nevada | $1,635 | $136 |
| New Hampshire | $1,500 | $125 |
| New Jersey | $1,480 | $123 |
| New Mexico | $2,800 | $233 |
| New York | $1,710 | $142 |
| North Carolina | $3,025 | $252 |
| North Dakota | $3,510 | $292 |
| Ohio | $2,080 | $173 |
| Oklahoma | $7,255 | $605 |
| Oregon | $1,705 | $142 |
| Pennsylvania | $1,720 | $143 |
| Rhode Island | $2,230 | $186 |
| South Carolina | $3,205 | $267 |
| South Dakota | $3,965 | $330 |
| Tennessee | $4,220 | $352 |
| Texas | $4,915 | $410 |
| Utah | $1,810 | $151 |
| Vermont | $1,170 | $98 |
| Virginia | $2,265 | $189 |
| Washington | $1,880 | $157 |
| Washington, D.C. | $1,645 | $137 |
| West Virginia | $2,465 | $205 |
| Wisconsin | $2,175 | $181 |
| Wyoming | $1,805 | $150 |
Source: NerdWallet, May 6, 2026 ($400,000 dwelling, $300,000 liability, $1,000 deductible). Rates are rounded to the nearest $5.
The most and least expensive states
The five cheapest states were Hawaii, Vermont, Delaware, Alaska and New Jersey, all under $1,500 a year. The five most expensive were Oklahoma, Nebraska, Kansas, Arkansas and Texas, all above $4,900. That is a gap of more than $6,000 a year for the same policy.
Coastal states are not always the priciest in this data. Florida averages $2,845 for this profile, below many Plains states, but Florida homes often carry separate hurricane deductibles, and Insurify’s October 2026 figures put Florida at $6,408 a year for $300,000 of cover, the highest in its data. Different methods produce different rankings, which is another reason to compare quotes for your own home.
Average by region
| Region | Average of state averages | Cheapest state | Most expensive state |
|---|---|---|---|
| Northeast | $1,679 | Vermont ($1,170) | Rhode Island ($2,230) |
| Midwest | $3,585 | Ohio ($2,080) | Nebraska ($6,015) |
| South | $3,541 | Delaware ($1,365) | Oklahoma ($7,255) |
| West | $2,233 | Hawaii ($900) | Colorado ($3,910) |
Our arithmetic: a simple average of NerdWallet’s state figures (not weighted by population), using US Census regions. Washington, D.C. is excluded.
The Midwest and South have the highest regional averages because of frequent hail, tornadoes and windstorms, while the Northeast and parts of the West are generally cheaper for this standard policy. Individual states still vary widely within each region.
Average cost by dwelling coverage
| Dwelling coverage | NerdWallet average a year | Insurify average a year |
|---|---|---|
| $200,000 | $1,480 | $2,040 |
| $300,000 | $1,975 | $2,808 |
| $400,000 | $2,490 | $3,552 |
| $500,000 | $3,005 | $4,320 |
| $750,000–$800,000 | $4,445 ($800,000) | $6,180 ($750,000) |
Sources: NerdWallet (May 2026); Insurify (October 2026). The two use different sample homes and insurers, so their figures differ.
Dwelling coverage should reflect what it would cost to rebuild your home, not its market value. Market value includes the land, which doesn’t need insuring. Over-insuring wastes money; under-insuring can leave you short after a total loss.
Average cost by company
| Insurer | Average a year | About a month |
|---|---|---|
| USAA* | $1,940 | $162 |
| State Farm | $2,415 | $201 |
| Progressive | $2,580 | $215 |
| Travelers | $2,710 | $226 |
| Allstate | $2,715 | $226 |
| Farmers | $3,250 | $271 |
| Nationwide | $3,345 | $279 |
| American Family | $4,235 | $353 |
*Military members, veterans, some federal employees and their families. Source: NerdWallet (2026). Monthly figure for Progressive is our division of its annual average.
Why some states cost so much more
- Hail and wind. The central US sees frequent severe storms, which drive roof and siding claims. That is why Oklahoma, Nebraska and Kansas lead the state table.
- Hurricanes. Gulf and Atlantic coastal states face large storm losses and often use percentage-based hurricane deductibles.
- Wildfire. Rising wildfire risk in the West is pushing rates up and leading some insurers to limit new policies in high-risk areas.
- Rebuilding costs. Local labor and material prices affect how much a claim costs.
- State rules. How quickly insurers can raise rates varies by state, which affects both current prices and future increases.
Home features that change your price
| Feature | Effect on premium |
|---|---|
| Roof age and material | Newer and impact-resistant roofs usually cost less; older roofs may be insured only at actual cash value |
| Age of the home and its systems | Updated wiring, plumbing and heating lower the risk of fire and water claims |
| Construction type | Brick and masonry often cost less to insure than wood frame in fire-prone areas |
| Distance to a fire station and hydrant | Better local fire protection usually means a lower price |
| Claims history | Recent claims at the property, or by you, can raise premiums |
| Credit-based insurance score | Used in most states; better credit usually means lower premiums |
| Swimming pool, trampoline or certain dog breeds | Can raise liability risk and the premium |
Budgeting for home insurance
If you have a mortgage, your lender probably pays the premium from an escrow account funded through your monthly payment. When your premium rises, your mortgage payment rises at the next escrow review, even though your loan rate hasn’t changed. At the national average of $2,490 a year, home insurance adds about $208 a month to housing costs; in Oklahoma, at $7,255, it adds about $605.
Is your premium too high?
- Find your state above and adjust for your coverage amount using the dwelling table.
- If you pay much more than similar homes, check your deductible, any extra coverages and your claims history.
- Get at least three quotes with identical coverage. See our cheapest home insurance guide and ways to lower your premium.
Savings tip: if your renewal rose sharply, ask your insurer why. A higher dwelling limit after a rebuild-cost review is common; check it matches the real cost to rebuild before you accept it.
Common questions
What is the average cost of home insurance per month?
About $208 a month for $400,000 of dwelling coverage, based on NerdWallet’s 2026 average of $2,490 a year.
Why is home insurance so expensive in Oklahoma?
Frequent hail and windstorms drive high claim costs across the central US. NerdWallet’s 2026 data put Oklahoma’s average at $7,255 a year, the highest of any state.
Does a bigger home cost more to insure?
Yes. In NerdWallet’s data, $200,000 of dwelling coverage averaged $1,480 a year, while $800,000 averaged $4,445.
Why did my mortgage payment go up?
If your lender pays home insurance from escrow, a higher insurance premium increases your monthly payment at the next escrow review, even though your loan rate hasn’t changed.
Sources
- NerdWallet: Average homeowners insurance cost, 2026 (May 2026)
- Insurify: Average cost of homeowners insurance (Oct 2026)
Prices, discounts and rules change often and vary by state and driver. Figures were checked in October 2026; confirm details with the insurer or your state insurance department.