Top 10 Most Expensive And Least Expensive States For Homeowners Insurance Premiums, 2018 (1)

 

Rank Most expensive states Average expenditure Rank Least expensive states Average expenditure
1 Louisiana $1,987 1 Oregon $706
2 Florida 1,960 2 Utah 730
3 Texas (2) 1,955 3 Idaho 772
4 Oklahoma 1,944 4 Nevada 776
5 Rhode Island 1,630 5 Wisconsin 814
6 Kansas 1,617 6 Arizona  843
7 Colorado  1,616 7 Delaware 873
8 Mississippi 1,578 8 Ohio 874
9 Nebraska 1,569 9 Washington 881
10 Massachusetts 1,543 10 Maine 905
(1) Based on the HO-3 homeowner package policy for owner-occupied dwellings, 1 to 4 family units. Provides all risks coverage (except those specifically excluded in the policy) on buildings and broad named-peril coverage on personal property, and is the most common package written. (2) Texas data were obtained from the Texas Department of Insurance. Source: © 2020 National Association of Insurance Commissioners (NAIC). Further reprint or distribution strictly prohibited without written permission of NAIC.