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HomeCost by State

Home Insurance Cost by State: All 50 States Ranked (2026)

State of residence is the single biggest driver of your home insurance premium. Average annual premiums range from $1,050 in Idaho to over $4,200 in Florida. Find your state in the table below and see how your costs compare to the national average.

$2,285/yr
National average
Idaho $1,050
Cheapest state
Florida $4,200+
Most expensive
24 states
States above avg

All 50 States: 2026 Home Insurance Averages

StateAnnual AverageMonthly Averagevs National AvgCost Tier
Alabama$2,800$233+23%Above Avg
Alaska$1,450$121-37%Below Avg
Arizona$1,650$138-28%Below Avg
Arkansas$2,950$246+29%High
California$1,450$121-37%Below Avg
Colorado$2,350$196+3%Above Avg
Connecticut$1,700$142-26%Below Avg
Delaware$1,200$100-47%Low
Florida$4,200$350+84%High
Georgia$2,100$175-8%Above Avg
Hawaii$1,400$117-39%Below Avg
Idaho$1,050$88-54%Low
Illinois$2,150$179-6%Above Avg
Indiana$1,600$133-30%Below Avg
Iowa$1,700$142-26%Below Avg
Kansas$3,200$267+40%High
Kentucky$2,250$188-2%Above Avg
Louisiana$3,800$317+66%High
Maine$1,100$92-52%Low
Maryland$1,550$129-32%Below Avg
Massachusetts$1,800$150-21%Below Avg
Michigan$1,700$142-26%Below Avg
Minnesota$2,000$167-12%Below Avg
Mississippi$3,100$258+36%High
Missouri$2,400$200+5%Above Avg
Montana$1,700$142-26%Below Avg
Nebraska$2,800$233+23%Above Avg
Nevada$1,100$92-52%Low
New Hampshire$1,100$92-52%Low
New Jersey$1,500$125-34%Below Avg
New Mexico$1,650$138-28%Below Avg
New York$1,850$154-19%Below Avg
North Carolina$1,850$154-19%Below Avg
North Dakota$1,900$158-17%Below Avg
Ohio$1,600$133-30%Below Avg
Oklahoma$4,100$342+79%High
Oregon$1,050$88-54%Low
Pennsylvania$1,450$121-37%Below Avg
Rhode Island$1,650$138-28%Below Avg
South Carolina$2,100$175-8%Above Avg
South Dakota$2,050$171-10%Above Avg
Tennessee$2,200$183-4%Above Avg
Texas$4,000$333+75%High
Utah$1,100$92-52%Low
Vermont$1,050$88-54%Low
Virginia$1,700$142-26%Below Avg
Washington$1,150$96-50%Low
West Virginia$1,550$129-32%Below Avg
Wisconsin$1,350$113-41%Below Avg
Wyoming$1,700$142-26%Below Avg

Source: Industry average data cross-referenced from Bankrate, NerdWallet, and Insurify 2026 reports. Data last updated April 2026. Averages based on $300k dwelling coverage with standard HO-3 policy.

Why Specific States Cost More (or Less)

State averages are shaped by catastrophe risk, litigation environment, insurer competition, and local construction costs. Here is the context behind the numbers for the states that diverge most significantly from the national average.

Florida
$4,200/yr

Hurricane exposure, carrier withdrawals, litigation crisis. Market hardened significantly in 2023-2026.

Oklahoma
$4,100/yr

Tornado alley epicenter. Highest wind and hail risk in the nation. Convective storm losses every year.

Texas
$4,000/yr

Severe hail, tornadoes, winter storm risk (Uri 2021). High litigation costs inflate premiums statewide.

Louisiana
$3,800/yr

Gulf hurricane exposure plus Mississippi River flood risk. Multiple major storms since 2020.

Kansas
$3,200/yr

Tornado and hail corridor. High convective storm frequency. Significant agricultural exposure.

Mississippi
$3,100/yr

Gulf hurricane risk plus tornado exposure. Limited insurer competition in rural areas.

Arkansas
$2,950/yr

Tornado alley edge, severe storms, and limited insurer competition in rural zones.

Nebraska
$2,800/yr

Some of the nation's highest per-capita hail losses. Omaha metropolitan area particularly exposed.

Alabama
$2,800/yr

Gulf hurricane risk from Alabama coast, statewide tornado exposure. Affordable only relative to FL/OK.

Missouri
$2,400/yr

New Madrid seismic zone, tornado risk from two directions. St. Louis faces unique combined exposures.

Colorado
$2,350/yr

Rapid wildfire risk increase since 2020. Denver suburban areas face rising premiums due to urban interface fires and hail.

Minnesota
$2,000/yr

Twin Cities metro hail risk offset by competitive market and stable loss history.

Iowa
$1,700/yr

Tornado corridor from south but generally affordable. Strong agricultural insurance market.

California
$1,450/yr

Wildfire crisis. Many major insurers have paused or ended new homeowner policies in high-risk areas. Average understates exposure for high-risk zones.

Hawaii
$1,400/yr

Low catastrophe risk overall despite volcanic and hurricane exposure. Market limited but stable.

Wisconsin
$1,350/yr

Affordable Midwest market. Winter storm and hail risk but manageable loss ratios.

Washington
$1,150/yr

Pacific Northwest earthquake risk plus increasing wildfire exposure in eastern counties.

Nevada
$1,100/yr

Desert climate limits weather risk. Low litigation environment. Las Vegas sprawl creates some urban risk.

Utah
$1,100/yr

Low storm risk, relatively low litigation. Earthquake exposure in Wasatch Front but well-understood risk.

Maine
$1,100/yr

Low storm risk, rural character. Ice and snow damage is primary seasonal peril.

New Hampshire
$1,100/yr

New England weather risk but moderate. Low litigation, competitive market.

Oregon
$1,050/yr

Cascadia subduction zone earthquake risk. Wildfire risk growing in central and eastern regions.

Idaho
$1,050/yr

Low catastrophe risk, sparse population, stable market. One of the most affordable states nationwide.

Vermont
$1,050/yr

Rural, low crime, low storm frequency. Flood risk in river valleys but generally low overall exposure.

States with Biggest Rate Increases in 2025-2026

StateApprox. 2025 Increase2026 ProjectionPrimary Driver
Florida+18%+8-12%Hurricane Ian losses, carrier exits, litigation reform
Louisiana+15%+6-10%Hurricane Ida lingering losses, reinsurance costs
Colorado+14%+6-8%Wildfire exposure, Marshall Fire impact, hail losses
California+20%+VolatileWildfire crisis, major carrier withdrawals, market restructuring
Texas+11%+5-7%Winter storm Uri long tail, ongoing hail and wind losses
Oklahoma+10%+4-6%Sustained tornado season losses, construction cost inflation
Nebraska+12%+5-8%Record hail seasons 2023-2024, rising reinsurance costs

Rate change estimates based on Insurify 2026 State of Home Insurance Report and Bankrate data.

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Frequently Asked Questions

Which state has the cheapest home insurance?
Idaho, Oregon, and Vermont are consistently the cheapest states for home insurance, with average premiums around $1,050 per year. These states have low catastrophe risk, stable insurance markets, and relatively low construction costs. Hawaii ($1,400/yr) is also relatively affordable despite its remoteness.
Which state has the most expensive home insurance?
Oklahoma, Florida, and Texas are the most expensive states for home insurance. Oklahoma averages around $4,100 per year due to tornado and severe storm risk. Florida averages over $4,200 due to hurricane exposure and an ongoing market crisis caused by insurer withdrawals and litigation. Texas averages around $4,000 due to hail, severe storms, and high litigation costs.
Why does home insurance cost so much more in some states?
State-level home insurance costs are driven by catastrophe risk (hurricanes, tornadoes, wildfires, hail), litigation environment (states with more insurance lawsuits have higher premiums), insurer competition (fewer carriers means higher prices), and local construction costs. Florida and Louisiana face compounding problems with catastrophe exposure plus carrier exits reducing competition.