Home insurance costs $1,480 to $4,445 per year in 2026
Home insurance costs $1,480 to $4,445 per year in 2026 for most homes. NerdWallet lists $2,490 per year for $400,000 of dwelling coverage. BestMoney puts the national average at $2,450 per year. Where you live moves the bill most. BestMoney lists Hawaii at $574 and Louisiana at $6,050. Coverage amount, deductible, and home age also matter. Shop around, since prices differ by company.
What price guides say
We checked 3 price guides and read every number on their pages on October 7, 2026. They do not all measure the same thing, so read each line for what it counts.
| Source | What it found |
|---|---|
| Insurance Information Institute | The Insurance Information Institute lists the average homeowners premium at $1,096 in 2013 and $1,569 in 2022, with states from $893 in Oregon to $2,677 in Florida. |
| NerdWallet | NerdWallet lists $2,490 per year for $400,000 of dwelling coverage, from $1,480 at $200,000 to $4,445 at $800,000. |
| BestMoney | BestMoney says the average homeowners policy costs about $2,450 a year in 2026, from $574 in Hawaii to $6,050 in Louisiana. |
Home insurance prices by coverage and state
| Coverage or place | Cost per year | Source |
|---|---|---|
| $200,000 dwelling coverage | $1,480 | NerdWallet |
| $400,000 dwelling coverage | $2,490 | NerdWallet |
| $800,000 dwelling coverage | $4,445 | NerdWallet |
| National average 2026, $350,000 dwelling | $2,450 | BestMoney |
| National average 2022 | $1,569 | Insurance Information Institute |
| Hawaii, lowest state | $574 | BestMoney |
| Louisiana, highest state | $6,050 | BestMoney |
| Oklahoma, high cost state | $7,255 | NerdWallet |
Every number in this table was read on one of the source pages listed at the bottom of this page.
What pushes the price up
| What | Why it matters |
|---|---|
| State and weather risk | Storm and fire risk raise rates. BestMoney lists Hawaii at $574 per year and Louisiana at $6,050 for the same size of policy. |
| Dwelling coverage | A bigger rebuild amount costs more. NerdWallet lists $1,480 for $200,000 of dwelling coverage and $4,445 for $800,000. |
| Deductible | A higher deductible lowers the yearly price because you pay more when you file a claim. NerdWallet used a $1,000 deductible for its prices. |
| Home age and condition | Old roofs, wiring, and pipes raise the risk, so insurers charge more. A newer roof can lower the bill. |
| Credit and claims history | Insurers use these to price risk. NerdWallet based its rates on a 40 year old owner with good credit. |
What the price includes
A standard policy covers the house, other buildings on the lot, your things, extra living costs after a covered loss, and injury claims from guests. Floods and earthquakes are usually not covered and need a separate policy. Some plans also limit wind or hail damage in risky states. Add ons such as jewelry cover or sewer backup cost extra. It does not include tax or extras the provider adds on the day.
Who charges this and how it is billed
Private insurance companies sell home insurance. You can buy straight from a company, from an agent for one company, or from an independent agent who compares many. The price is a yearly premium. You can often pay it all at once or split it into monthly bills, and some plans add a small fee for monthly pay. If you have a mortgage, the lender often collects the money each month and pays the insurer from an escrow account. Ask for the price both ways, since paying in full can cost less.
When you need this
You need home insurance when you buy a home with a mortgage, since the lender will not close the loan without it. Owners with no loan should still carry it, since one fire or storm can cost more than the whole home. Check your policy each year and after big changes, such as a new roof, a remodel, or a big jump in rebuild costs.
How to judge your quote
- Check that dwelling cover matches the cost to rebuild.
- Ask what the deductible is and if wind or hail has its own.
- Ask what is left out, such as floods and earthquakes.
- Compare at least three quotes with the same coverage.
- Compare the total with the range above: $1,480 to $4,445 per year for most people in 2026.
Ways to pay less
- Compare quotes from at least three insurers using the same coverage. The same home can get very different prices from different companies.
- Raise your deductible if you can pay it from savings. A higher deductible lowers the yearly price.
- Bundle your home and auto policies with one insurer and ask what the discount is.
- Ask about discounts for a new roof, a monitored alarm, storm shutters, or a claim free record.
- Do not insure for more than a rebuild would cost. In NerdWallet's data, each extra $100,000 of dwelling cover adds about $500 per year.
How we got these numbers
The range on this page comes from Insurance Information Institute, NerdWallet and BestMoney. We opened each source page and read every number on it on October 7, 2026. Where the sources disagree, the table above shows each one so you can see the spread. These are planning ranges, not quotes. The written price you are given is the real price.
Common questions
How much is home insurance per year?
NerdWallet lists $2,490 per year for $400,000 of dwelling coverage. BestMoney lists a 2026 national average of $2,450.
Which state has the cheapest home insurance?
BestMoney lists Hawaii at $574 per year. NerdWallet also lists Hawaii as the cheapest, at $900 for its sample home.
Which state costs the most?
BestMoney lists Louisiana at $6,050 per year. NerdWallet lists Oklahoma at $7,255 for its sample home.
How much does coverage amount change the price?
NerdWallet lists $1,480 for $200,000 of dwelling coverage and $3,510 for $600,000. The $800,000 level costs $4,445.
Has home insurance gone up?
Yes. The Insurance Information Institute lists the average at $1,096 in 2013 and $1,569 in 2022. It rose 11.2 percent in 2022.