Homeowners insurance averages $2,490 per year ($207 per month) for $400,000 in dwelling coverage nationally in 2026, based on InsuranceQuotes.com’s rate analysis. USAA offers the lowest rates for military families; Amica Mutual and State Farm are consistently among the most competitive carriers for standard policyholders. The most critical pricing factor: your home’s rebuild cost — not its market value — combined with your claims history and location.
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We give you the tools to easily compare multiple homeowners insurance quotes all at once. With an A+ BBB rating we help over 30K+ people a day find the best home insurance rates with policies that cover all of your home coverage needs. We can help you keep one of your biggest investments – your home – covered with multiple policy options to choose from.
Homeowner’s insurance isn’t required by law; however, if you have a mortgage on your home then the lender will most likely legally require you to have an insurance plan that insures 100% of the home’s replacement cost until your home loan is paid in full. If you currently own your home you are technically not required to have home insurance coverage by law. For most homeowners however, having home insurance coverage is a no-brainer as it insures you can avoid substantial financial loss to one of your greatest assets should something happen to it.
If you were to experience a situation where your home was destroyed as well as all of your personal belongings, for most this would be an incredibly challenging financial situation to recover from. The benefit of knowing your home and belongings are insured can be a great peace of mind even for those who have fully paid off their home’s mortgage.
Home insurance rates can vary dramatically depending on where you live. Comparing average rates by state and city helps you understand what’s normal in your area, identify potential savings, and avoid overpaying. Whether you’re moving, buying your first home, or reviewing your current policy, these location-based guides provide actionable data and insights to help you make confident decisions.
The following city-level guides provide real-time home insurance cost data, local market trends, and insights tailored to each ZIP code. Whether you’re buying a home or renewing your policy, these resources help you make more informed decisions.
These state-level guides offer a broader view of home insurance pricing and coverage factors across entire regions. You’ll find comparisons by provider, disaster risk zones, and policy types to help you better understand where your state fits into the national average.
Data sources: Quadrant Information Services (real-time rate data), publicly available insurer filings, and proprietary quote form data from InsuranceQuotes.com (2025).
Home insurance coverage can vary from plan to plan. The most common events that you will be covered from under a homeowner insurance policy include protection from property damage such as fire, lightning strike, hurricanes, wind storms, hail storms, and water damage (usually from busted pipes). Some natural disaster damages are not included under a regular policy such as earthquakes, mudslides, and flood damage. Below is an example of a home insurance quote:
Depending on home insurance policy specifics, there are a few different types of homeowners insurance form policies and different coverages that your plan will likely include as seen in the chart below:
| Types of Home Insurance Coverage: | What Does My Insurance Cover? |
|---|---|
| Dwelling: | Dwelling insurance covers any damage to the home or attached building structures such as a garage or home’s front porch. |
| Personal Property: | Personal property liability covers paying for replacement or repairs to any belongings that are damaged and or stolen in certain events covered under your policy. |
| Other Structures: | This coverage takes care of any other structures that are stand-alone detached entities on your land such as a tool shed, fence, pool, or mailbox. |
| Liability: | Personal liability reimburses you for any legal action taken on you for accidental injury or property damages to others that occur on your property. |
| Additional Living Expenses (ALE): | ALE coverage reimburses the costs associated with being displaced from your home such as temporary lodging, food purchase, and other living expenses occurred when your home is unavailable to live in. |
| Medical Payment: | Medical payment coverage protects against any costs of minor injuries that someone not living on the property sustains while visiting. |
The national average is approximately $2,490/year for $400,000 in dwelling coverage in 2026 (~$207/month). Rates vary dramatically by state: California averages $1,641/year while Florida averages $5,838/year for a $300,000 dwelling. Amica, USAA, and State Farm consistently offer the lowest rates among major national carriers. Your exact rate depends on your location, home age, construction type, and credit score.
The 80% rule states you should insure your home for at least 80% of its full replacement cost to receive full claims coverage. If your $500,000 rebuild-cost home only has $300,000 in coverage (60%), your insurer may pay only a proportional share of any claim. In practice, most major insurers now require 100% replacement cost coverage — not just 80% — using their own rebuild-cost calculators. The 80% figure is a floor, not a target.
Expect to pay approximately $2,490/year ($207/month) nationally in 2026 for $400K in dwelling coverage. Your credit score significantly affects your rate in most states — homeowners with excellent credit can pay up to half as much as those with poor credit for identical coverage. Raising your deductible from $1,000 to $2,500 typically saves about 9% on your premium. The fastest way to find your specific rate: compare quotes from multiple carriers at once on InsuranceQuotes.com.
No — standard homeowners insurance does not cover flooding. Flood damage requires a separate policy through FEMA’s National Flood Insurance Program (NFIP) or a private flood insurer. Average NFIP flood insurance costs approximately $888/year nationally. Homes in FEMA flood zones with federally-backed mortgages are required to carry flood insurance. Check your flood zone at msc.fema.gov. If you’re in a high-risk zone, flood insurance is not optional — it’s required by your lender.
Standard home insurance (HO-3) does NOT cover: flooding (requires separate NFIP/private policy), earthquakes (requires a rider or standalone policy), normal wear and tear, pest infestations (termites, rodents), sewer backup without an endorsement, or intentional damage. Home-based business liability and equipment typically require a separate business rider. Always review your policy’s exclusions section and ask your agent about coverage gaps specific to your ZIP code — especially weather risks.
Get at least 3 quotes, ideally 5 or more. Home insurance rates can vary by several hundred dollars per year for identical coverage. Rate variation between major carriers for identical coverage can exceed $1,200 annually. InsuranceQuotes.com lets you compare quotes from top carriers — USAA, State Farm, Erie, Allstate, Travelers, and more — with a single form. Free, no spam, takes 2 minutes.
2026 Average Home Insurance Rates by Carrier
For a $300,000 dwelling policy · InsuranceQuotes.com 2026 rate analysis · Rates are market averages and will vary by location, home, and profile
| Carrier | Avg. Monthly | Avg. Annual | Best For |
|---|---|---|---|
| USAACheapestMilitary only | $149 | $1,788 | Military families & veterans |
| Amica MutualLowest rates overall | ~$150 | ~$1,800 | High customer satisfaction |
| State Farm | ~$155 | ~$1,860 | Nationwide availability |
| Erie InsuranceNortheast/Midwest | ~$160 | ~$1,920 | Claims satisfaction, regional |
| Shelter InsuranceMidwest/South | ~$163 | ~$1,956 | Competitive in Midwest/South |
| Allstate | ~$180 | ~$2,160 | Wide coverage options |
| Progressive | $215 | $2,580 | Bundling, high deductibles |
Rates shown for $300K dwelling, $100K liability, good credit. USAA available to military/veterans only. Regional carriers (Erie, Shelter) may not be available in your state.
There are many factors to consider when thinking about home insurance. Getting the right information and putting together a personalized, affordable plan for your home can only be done by the experts. It only takes a few minutes of your time to get your free homeowner’s insurance quote. Contact us today to compare multiple insurance quotes or chat about your options.
Home insurance costs will vary depending on a many factors. On average you can expect to pay around $328 a month or $3,942 a year for a 3 bedroom updated home in a rural area.
Though homeowner’s insurance is not required legally by any state, if you have a mortgage through a bank or lender – you will always be required to have house insurance on the property.
A standard home insurance policy will usually cover things like damages or destruction of a home including interior and exteriors, a loss due to theft, and liability if someone is harmed on your property. There are additional coverage options for different property types.
Getting a free home insurance quote online takes about 5–10 minutes. Here’s exactly what information you’ll need to have ready to get the most accurate quote:
Getting multiple free quotes is only valuable if you’re comparing the right things. Most homeowners focus only on the annual premium — but this approach often leads to being underinsured or surprised at claims time. Here’s what to actually compare:
InsuranceQuotes displays side-by-side quotes from multiple carriers so you can compare apples to apples. Fill out one form to see rates from State Farm, Allstate, Travelers, and other top providers in your area instantly — no spam, no obligation.
Autumn Cafiero Giusti is a licensed life and health insurance broker and award-winning journalist with more than 20 years of experience. She writes extensively about flood, Medicare, home, and life insurance for publications like U.S. News and CBS News.
