Homeowners Insurance Cost Estimator 2026
The same $300,000 policy averages $659 a year in Hawaii and $7,136 a year in Florida — where you live matters more than almost anything else. Pick your state, set your dwelling coverage and deductible, and see what a typical premium looks like before you shop for quotes.
Estimate Your Homeowners Insurance Premium
State averages are for a standard HO-3 policy with $300,000 of dwelling coverage and a $1,000 deductible.
What it would cost to rebuild your home — not its market value. The estimate scales the state average in proportion to this amount.
Deductible adjustments (about +8% at $500 and about 8% off at $2,500) are typical industry adjustments, not a specific insurer’s rates.
| Your estimate | Amount |
|---|---|
| Estimated annual premium | |
| Monthly equivalent | |
| State average at $300,000 dwelling coverage |
How This Estimate Works
The estimator starts from the average annual premium in your state for a standard policy with $300,000 of dwelling coverage, then adjusts it in proportion to the coverage you enter and for the deductible you choose. It is a benchmark for shopping — a way to tell whether a quote you receive is in the normal range for your state — not a quote itself.
| Most expensive states | Average per year | Least expensive states | Average per year |
|---|---|---|---|
| Florida | $7,136 | Hawaii | $659 |
| Louisiana | $5,986 | Vermont | $1,063 |
| Kansas | $5,260 | New Hampshire | $1,300 |
| Oklahoma | $5,010 | Maine | $1,335 |
| Colorado | $4,963 | Delaware | $1,374 |
Premiums for $300,000 of dwelling coverage, per Insure.com’s rate analysis of more than 37 million quotes (Quadrant Information Services). Insure.com puts the national average at $2,765 a year for its standard policy profile.
- Location risk dominates: hurricane exposure pushes Florida, Louisiana, and Texas to the top, while hail and tornado risk do the same for Kansas, Oklahoma, Colorado, and Nebraska. Hawaii, Vermont, and New England sit at the bottom because severe-weather claims are rarer.
- Dwelling coverage is the amount being insured: insuring a $450,000 rebuild costs roughly 50% more than insuring a $300,000 one in the same state — but going by market value instead of rebuild cost can leave you overpaying or underinsured.
- The deductible is a real lever: moving from a $500 to a $2,500 deductible typically cuts the premium by around 15%, at the cost of paying more yourself when you file a claim.
- Your home and history still matter: roof age and condition, the home’s age and construction, your past claims, and — in most states — your insurance-based credit score all move your actual quote away from the state average.
Frequently Asked Questions