How Much Does Homeowners Insurance Cost? What Is The Average Cost?

The average homeowners’ insurance cost depends on the state you live in. The national average annual cost of homeowners insurance in the US extends between $781 and $3,383.

Best known as just “home insurance,” this coverage is not a luxury but rather a necessity for all future homeowners.

The issue of homeowners insurance policy tackles serious questions like:

  • What are the types of homeowners insurance?
  • What does it cover?
  • How are the rates determined?
  • What is the national average cost?

You’ll get the answer to these -and many more questions – so let’s read through this article together!

A major factor that determines the annual premium of your homeowners' insurance is the state where you reside. Click To Tweet

Average Home Insurance Cost By State

In general, the average annual premiums of home insurance coverage depend mainly on the state.

Take a look at the following annual premiums for homeowner’s insurance coverage:

  • Alabama: $1,624
  • Alaska: $1,040
  • Arizona: $1,189
  • Arkansas: $2,142
  • California: $1,014
  • Colorado: $1,659
  • Connecticut: $1,184
  • Delaware: $680
  • Florida: $1,353
  • Georgia: $1,376
  • Hawaii: $376
  • Idaho: $835
  • Illinois: $1,322
  • Indiana: $1,150
  • Iowa: $1,289
  • Kansas: $2,694
  • Kentucky: $1,839
  • Louisiana: $1,813
  • Maine: $956
  • Maryland: $1,124
  • Massachusetts: $1,307
  • Michigan: $1,120
  • Minnesota: $1,785
  • Mississippi: $1,773
  • Missouri: $1,558
  • Montana: $1,826
  • Nebraska: $2,816
  • Nevada: $822
  • New Hampshire: $724
  • New Jersey: $751
  • New Mexico: $2,024
  • New York: $