HomePremium

Average homeowners insurance cost by state in 2026

By Editorial team · 2026-06-18

In short: The US average homeowners (HO-3) premium is about $1,569 a year per the NAIC's latest report (2022 data, released May 2025). State averages range from roughly $893 in Oregon to $2,677 in Florida. Premiums have risen since 2022, so current figures run higher. These are countrywide averages, not quotes.

The single best public number for average homeowners insurance cost is the National Association of Insurance Commissioners (NAIC) Homeowners Insurance Report. Its most recent edition uses 2022 data and was released in May 2025 — insurance reporting runs a couple of years behind. By that report, the US national average for the standard HO-3 policy is about $1,569 a year, up roughly 11% year over year.

Because 2022 is the latest published year, current premiums are higher than the figures below — treat them as a verified baseline and a way to compare states, not as live quotes.

Most and least expensive states (NAIC 2022, HO-3)

RankMost expensiveAvg/yrCheapestAvg/yr
1Florida$2,677Oregon$893
2Louisiana$2,603Utah$937
3Texas$2,397Nevada$948
4Oklahoma$2,268Wisconsin$957
5Colorado$2,079Ohio$995

The pattern is clear: the priciest states sit on the hurricane-exposed Gulf and Atlantic coasts (Florida, Louisiana, Texas) or the hail-prone Plains (Oklahoma, Colorado, Nebraska). The cheapest have little catastrophe risk.

How your state compares

The national average is a benchmark, not a prediction of your bill. Look up your own state for the local average, rank and cost drivers:

Why premiums keep rising

Even low-risk states have seen sharp increases, for three main reasons: reconstruction-cost inflation (materials and labor cost more to rebuild), larger and more frequent catastrophe losses, and higher reinsurance costs that insurers pass through. See what drives your premium for the full list.

General information, not a quote. Figures are NAIC 2022 countrywide HO-3 averages. Your premium depends on your home and insurer — always get real quotes and verify with your state insurance department.

Frequently asked questions

What is the average cost of homeowners insurance in the US?

About $1,569 a year for the standard HO-3 policy, per the NAIC Homeowners Insurance Report using 2022 data (the latest available, released May 2025). Premiums have continued to rise since, so current averages are higher.

Which state has the most expensive home insurance?

By the NAIC 2022 averages, Florida is highest at about $2,677, followed by Louisiana ($2,603) and Texas ($2,397). Hurricane and hail exposure drive the top of the list.

Which state has the cheapest home insurance?

Oregon is lowest at about $893, with Utah ($937), Nevada ($948) and Wisconsin ($957) close behind. Low catastrophe exposure keeps these states cheap.

Related articles

Last updated: 2026-06-18