Average Homeowners Insurance Premiums Ranked By State, 2017 (1)

 

Rank (2) State Average premium Rank (2) State Average premium
1 Louisiana $1,968 27 Hawaii $1,102
2 Florida 1,951 28 North Carolina 1,086
3 Texas (3) 1,893 29 Illinois 1,056
4 Oklahoma 1,885 30 Maryland 1,037
5 Kansas 1,584 31 New Mexico 1,017
6 Rhode Island 1,551 32 California  1,008
7 Mississippi 1,537 32 Indiana 1,000
8 Colorado  1,495 32 Virginia  999
9 Massachusetts 1,488 35 New Hampshire 972
10 Nebraska 1,481 36 Iowa 964
11 Connecticut 1,479 37 Alaska 959
12 Alabama 1,433 38 Michigan 942
13 Arkansas 1,373 39 West Virginia 940
14 Minnesota 1,348 40 Pennsylvania 931
15 New York 1,309 41 Vermont 918
16 Missouri 1,285 42 Maine 882
17 South Carolina 1,269 43 Ohio 862
18 Georgia 1,267 44 Washington 854
19 North Dakota 1,253 45 Delaware 833
20 District of Columbia 1,235 46 Arizona  825
21 South Dakota 1,202 47 Wisconsin 779
21 Tennessee 1,196 48 Nevada 755
23 New Jersey 1,192 49 Idaho 730
24 Montana 1,174 50 Utah 692
25 Wyoming 1,156 51 Oregon 677
26 Kentucky 1,109   United States $1,211
(1) Includes policies written by Florida Citizens Property Insurance Corp. and Louisiana Citizens Property Insurance Corp., Alabama Insurance Underwriting Association, Massachusetts Property Insurance Underwriting Association, Michigan Basic Property Insurance Association, Mississippi Windstorm Underwriting Association and Residential Property Insurance Underwriting Association, New Jersey Insurance Underwriting Association, North Carolina Joint Underwriting Association, Ohio Fair Plan Underwriting Association, Rhode Island Joint Reinsurance Association and South Carolina Wind and Hail Underwriting Association, and Virginia Property Insurance 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, 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) States with the same premium receive the same rank. (3) Texas data were obtained from the Texas Department of Insurance. (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: © 2019 National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or distribution strictly prohibited without written permission of NAIC.