A Firm Foundation: How Insurance Supports the Economy

Homes by state

The Insurance Information Institute’s 2020 Pulse Survey found that 93 percent of homeowners had homeowners insurance, but only 57 percent of renters had renters insurance (up from 42 percent in 2018).

Percent Of Occupied Housing Units That Are Owner Occupied, 2020

 

State Percent Rank (1) State Percent Rank (1)
Alabama 74.8% 4 Montana 68.4% 33
Alaska 64.1 44 Nebraska 69.8 25
Arizona 68.7 30 Nevada 61.2 47
Arkansas 68.8 29 New Hampshire 74.5 5
California 55.9 49 New Jersey 64.3 42
Colorado 64.9 40 New Mexico 70.3 22
Connecticut 66.9 37 New York 53.6 50
Delaware 77.9 2 North Carolina 68.7 30
D.C. 42.5 51 North Dakota 64.2 43
Florida 68.7 30 Ohio 69.4 27
Georgia 67.3 35 Oklahoma 71.0 20
Hawaii 58.8 48 Oregon 65.2 39
Idaho 71.5 17 Pennsylvania 69.9 24
Illinois 67.3 35 Rhode Island 64.5 41
Indiana 72.7 12 South Carolina 73.6 10
Iowa 72.1 14 South Dakota 71.4 18
Kansas 69.5 26 Tennessee 70.0 23
Kentucky 72.5 13 Texas 66.5 38
Louisiana 69.1 28 Utah 71.7 16
Maine 77.1 3 Vermont 73.1 11
Maryland 72.0 15 Virginia 70.4 21
Massachusetts 62.7 46 Washington 64.1 44
Michigan 74.3 7 West Virginia 78.2 1
Minnesota 74.5 5 Wisconsin 67.9 34
Mississippi 74.2 8 Wyoming 73.9 9
Missouri 71.1 19 United States 66.6%  

(1) States with the same percentages receive the same rank.

Source: U.S. Census Bureau, Current Population Survey/Housing Vacancy Survey, March 9, 2021.

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