AVERAGE HOMEOWNERS INSURANCE PREMIUMS RANKED BY STATE, 2012 (1)
Rank (2) State Average premium Rank (2) State Average premium
1 Florida $2,084 27 Kentucky $916
2 Louisiana 1,742 28 Illinois 881
3 Texas (3) 1,661 29 Montana 871
4 Oklahoma 1,501 30 New Hampshire 848
5 Mississippi 1,314 31 New Mexico 844
6 Alabama 1,248 32 Virginia  843
7 Rhode Island 1,233 33 Indiana 840
8 Kansas 1,213 34 Maryland 837
9 Connecticut 1,160 35 Wyoming 821
10 New York 1,158 36 Pennsylvania 804
11 Massachusetts 1,150 37 Michigan 802
12 Minnesota 1,140 38 South Dakota 789
13 South Carolina 1,134 39 Vermont 782
14 D.C. 1,103 40 Iowa 779
15 Arkansas 1,096 41 West Virginia 771
16 Missouri 1,091 42 Maine 741
17 Nebraska 1,040 43 Ohio 721
18 Colorado  1,038 44 Arizona  691
18 North Dakota 1,038 45 Delaware 678
20 Tennessee 1,008 46 Nevada 674
21 New Jersey 981 47 Washington 648
22 California (4) 980 48 Wisconsin 631
23 Georgia 975 49 Utah 580
24 Hawaii 957 50 Oregon 567
25 Alaska 942 51 Idaho 538
26 North Carolina 927      
(1) Includes policies written by Citizens Property Insurance Corp. (Florida) and Louisiana Citizens Property Insurance Corp., Alabama Insurance Underwriting Association, Mississippi Windstorm Underwriting Association and Residential Property Insurance Underwriting Association, North Carolina Joint Underwriting Association and South Carolina Wind and Hail Underwriting Association. Other southeastern states have wind pools in operation and their data may not be included in this chart. Based on the HO-3 homeowner package policy for owner-occupied dwellings, one- to four-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) States with the same premium receive the same rank. (3) The Texas Department of Insurance developed home insurance policy forms that are similar but not identical to the standard forms. In addition, due to the Texas Windstorm Insurance Association (which writes wind-only policies) classifying HO-1, 2 and 5 premiums as HO-3, the average premium for homeowners insurance is artificially high. (4) Data provided by the California Department of Insurance. Note: Average premium=Premiums/exposure per house years. A house year is equal to 365 days of insured coverage for a single dwelling. The NAIC does not rank state average expenditures and does not endorse any conclusions drawn from this data. Source: © 2015 National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or distribution strictly prohibited without written permission of NAIC.