Meridian Home Insurance Costs (2026)

How much is homeowners insurance in Meridian?

Homeowners insurance in the 2 Meridian ZIP codes we priced averages $192 a month for the house we priced, with rates as of Sept. 30, 2026. The 4 major insurers we compared are State Farm, Farmers, Allstate and Idaho Farm Bureau, and each one priced our sample home in all 2 of those ZIP codes, in Ada County. That’s below the Idaho average of $209 a month.

Small sample: this guide is based on 2 Meridian ZIP codes (83642 and 83646), all the Meridian ZIP codes in our rate data. Our Idaho home insurance page covers 75 ZIP codes across the state, where the same house averages $209 a month, 9.0% more than in these 2 ZIP codes.

Our figures are for a $300,000 dwelling, which works out to about $7.66 a year for each $1,000 of dwelling coverage in these 2 ZIP codes; insuring a larger or costlier house for more usually costs more, though not always in step with the limit.

For the same insurers and ZIP codes, the Meridian average didn’t change between Nov. 30, 2025 and Sept. 30, 2026: it was $2,299 a year ($192 a month) on both dates.

Homeowners insurance averages by insurer in Meridian for our sample home (rates as of Sept. 30, 2026)

State Farm averaged $111 a month ($1,326 a year), Farmers $153 ($1,840), Allstate $185 ($2,225) and Idaho Farm Bureau $317 ($3,805) for our sample home.

Same sample home: each insurer’s average yearly price in the same Meridian ZIP codes, Nov. 30, 2025 and Sept. 30, 2026

All 4 insurers in the table priced the same 2 Meridian ZIP codes on both dates.

By ZIP code: each insurer’s yearly price for the same house changed with the Meridian address:

• State Farm ran from $1,313 a year in 83642 to $1,339 in 83646.
• Farmers charged $1,840 a year in every Meridian ZIP code it priced.
• Allstate ran from $2,102 a year in 83646 to $2,348 in 83642.
• Idaho Farm Bureau charged $3,805 a year in every Meridian ZIP code it priced.

Against each insurer’s statewide price: for the same house, here is how each insurer’s Meridian average compares with its own average across the Idaho ZIP codes it priced:

• State Farm: $1,326 a year in Meridian, 6.5% less than its Idaho average of $1,418.
• Farmers: $1,840 a year in Meridian, 17.4% less than its Idaho average of $2,227.
• Allstate: $2,225 a year in Meridian, 13.7% less than its Idaho average of $2,578.
• Idaho Farm Bureau: $3,805 a year in Meridian, about the same as its Idaho average of $3,799.

Why one insurer stands out: Idaho Farm Bureau’s average for our sample home, $317 a month, is about 2.1 times the other 3 insurers’ average. It stays in our figures. Without it, the average in the 2 Meridian ZIP codes we priced would be $150 a month ($1,797 a year), compared with the Idaho average of $209 a month, which includes every insurer we priced in the state.

Same sample home in Meridian with all 4 insurers and without Idaho Farm Bureau (rates as of Sept. 30, 2026)

The Idaho figure includes every insurer we priced in the state.

Who has the cheapest homeowners insurance in Meridian?

State Farm had the lowest home average for our sample home of the insurers anyone can buy from, $111 a month ($1,326 a year), 27.9% below Farmers’ $1,840 a year, the next of those insurers. It may not be the lowest for your house, so compare a few quotes.

What changes your price: where the house sits, its value, age and roof, your deductibles, claims and credit, and whether you add a car. In Meridian, ZIP code averages for this house ran from $189 to $194 a month, while insurers’ Meridian averages ran from $111 to $317.

If prices stayed where they are today, the $899-a-year gap between the lowest and highest averages among the insurers anyone can buy from in Meridian, other than Idaho Farm Bureau, which priced far above the rest, would add up to $4,495 over five years for this house.

Same house, different city: how does Meridian compare?

The same sample home costs $192 a month in the 2 Meridian ZIP codes we priced and $192 in Boise (9 ZIP codes), the Idaho city in our data with at least 5 ZIP codes priced.

Same sample home: average home insurance prices in Meridian, other Idaho cities in our data and the state (rates as of Sept. 30, 2026)

Each city covers the ZIP codes in our rate data with that city as their main mailing address; every row prices the same house.

Compared with Boise, the same house costs 0.3% less to insure in the 2 Meridian ZIP codes we priced.

Against the average of the 50 states and D.C. ($258 a month), our sample home costs 25.9% less to insure in the 2 Meridian ZIP codes we priced.

For the statewide picture, see home insurance costs in Idaho.

Compare all states: home insurance costs for the same house in all 50 states and D.C.

Is flood covered, and how common is flood insurance in Meridian?

Flood damage isn’t covered by a standard home, renters or condo policy at all; it needs a separate flood policy.

As of August 3, 2026, Ada County had 1,541 residential flood insurance policies in force under the National Flood Insurance Program, covering about 0.9% of its 163,202 residential structures, and 968 of the 3,840 residential structures in the mapped high-risk flood zone (25.2%) were covered, according to FEMA’s OpenFEMA NFIP residential penetration rates.

The City of Meridian joined FEMA’s Community Rating System in May 2016 and is rated Class 8, which takes 10% off flood insurance premiums in mapped high-risk flood zones and 5% elsewhere, according to FEMA’s NFIP Community Status Book.

A new flood policy through the National Flood Insurance Program usually takes 30 days to start, so buying one when water is already rising is too late. FEMA’s flood map service (msc.fema.gov) shows whether a Meridian address sits in a mapped high-risk flood zone, where a mortgage lender will usually require flood insurance.

Is $200 a month a lot for home insurance in Meridian?

$200 a month is more than our sample home averages in the 2 Meridian ZIP codes we priced, $192 a month. 3 of the 4 insurers we compared averaged under $200 for the same house: State Farm ($111), Farmers ($153) and Allstate ($185). If a quote for your home is near $200, compare its dwelling limit and deductibles with ours ($300,000 and $1,000) before you decide.

How do wind and hail deductibles work in Meridian?

Your deductible is the amount you pay out of pocket on each claim before your insurer pays. The house we priced has a $1,000 deductible for covered losses other than a hurricane, including wind and hail. Our sample home request also includes a 2% hurricane deductible, a setting we use in every state; real Meridian policies may use a separate wind and hail deductible, so ask for yours.

Your wind and hail deductible in dollars (illustration only)

The table shows deductibles, not premiums. At 2%, the deductible on our sample home’s $300,000 dwelling is $6,000, more than the $2,299 a year that house averages in the 2 Meridian ZIP codes we priced.

A higher deductible usually lowers your premium, so weigh the lower price against the bigger bill you’d face after a storm.

How much is renters insurance in Meridian?

Renters insurance for our sample renter averages $17 a month ($207 a year) in the 2 Meridian ZIP codes we priced. For our sample renter, prices among the 5 insurers we compared ranged from $10 to $29 a month, a $19-a-month gap for the same coverage.

Renters insurance averages by insurer in Meridian for our sample renter (rates as of Sept. 30, 2026)

USAA (military families only) averaged $10 a month ($114 a year), State Farm $11 ($130), Safeco $15 ($183), Farmers $21 ($256) and Idaho Farm Bureau $29 ($352) for our sample renter.

State Farm had the lowest renters average for our sample renter of the insurers anyone can buy from, $11 a month ($130 a year), 29.0% below Safeco’s $183 a year, the next of those insurers. Another insurer may be lower for your apartment, so compare quotes.

Idaho Farm Bureau’s renters average is about 2.1 times the other insurers’ average; without it, the renters average in the 2 Meridian ZIP codes we priced would be $14 a month ($171 a year).

The renters average in the 2 Meridian ZIP codes we priced is 2.9% below the Idaho renters average of $213 a year ($18 a month) and 19.2% below the average of the 50 states and D.C., $256 a year ($21 a month). Our sample renter’s policy costs about 9% of what our sample home costs to insure in the 2 Meridian ZIP codes we priced.

For the same insurers and ZIP codes, the Meridian renters average didn’t change between Nov. 30, 2025 and Sept. 30, 2026: it was $17 a month on both dates.

Against each insurer’s statewide renters price (yearly, for our sample renter in the 2 Meridian ZIP codes we priced):

• USAA (military families only): $114 a year here, 1.9% less than its Idaho average of $116.
• State Farm: $130 a year here, the same as its Idaho average.
• Safeco: $183 a year here, 1.6% more than its Idaho average of $180.
• Farmers: $256 a year here, 11.0% less than its Idaho average of $288.
• Idaho Farm Bureau: $352 a year here, about the same as its Idaho average of $351.

Our sample renter lives in an apartment built in 2005 and insures $40,000 of belongings with $300,000 liability and a $1,000 deductible. The renter is 40, single, with good credit and no claims. Rates as of Sept. 30, 2026, from 10 sample prices by 5 insurers across 2 Meridian ZIP codes.

• $40K belongings
• $300K liability
• $1,000 deductible

For what a renters policy covers and leaves out, see renters insurance in Idaho.

How we got these renters prices: each insurer’s average across the 2 Meridian ZIP codes in our data. Sample prices, not quotes or offers.

You may also want to compare: car + home insurance in Meridian

Many Meridian homeowners insure a car too. Some insurers take roughly 5% to 15% off when you buy home and car insurance from them together (Insurance Information Institute), but the same insurer has to write both policies, and buying both from one insurer isn’t always the lower-priced choice, so compare both ways.

See car insurance rates in Meridian · Idaho car insurance rates · How bundling home and auto insurance works