Short answer: the average homeowners insurance premium for the most common policy (HO-3) was $1,737 for a year of coverage in 2023, the latest year in the National Association of Insurance Commissioners (NAIC) report published July 2026. State averages ranged from $923 in Wisconsin to $3,027 in Louisiana. Prices have changed since 2023, and your own price depends on your home, location and coverage, so compare quotes to see what you would pay.
Average homeowners insurance cost by state
The table shows the NAIC’s average annual premium for HO-3 policies in each state in 2023. HO-3 is the standard homeowners policy and made up about four out of five owner-occupied homeowners policies countrywide. The NAIC calculates each average by dividing the premiums written by the number of homes insured for a year.
| State | Average HO-3 premium (2023) | vs. U.S. average |
|---|---|---|
| Alabama | $1,906 | +10% |
| Alaska | $1,216 | −30% |
| Arizona | $1,194 | −31% |
| Arkansas | $1,870 | +8% |
| California | $1,655 | −5% |
| Colorado | $2,492 | +43% |
| Connecticut | $2,036 | +17% |
| Delaware | $1,196 | −31% |
| District of Columbia | $1,545 | −11% |
| Florida | $2,779 | +60% |
| Georgia | $1,828 | +5% |
| Hawaii | $1,549 | −11% |
| Idaho | $1,135 | −35% |
| Illinois | $1,480 | −15% |
| Indiana | $1,259 | −28% |
| Iowa | $1,342 | −23% |
| Kansas | $1,733 | about the same |
| Kentucky | $1,525 | −12% |
| Louisiana | $3,027 | +74% |
| Maine | $1,150 | −34% |
| Maryland | $1,578 | −9% |
| Massachusetts | $2,134 | +23% |
| Michigan | $1,110 | −36% |
| Minnesota | $1,988 | +14% |
| Mississippi | $2,029 | +17% |
| Missouri | $1,589 | −9% |
| Montana | $1,768 | +2% |
| Nebraska | $2,142 | +23% |
| Nevada | $1,013 | −42% |
| New Hampshire | $1,300 | −25% |
| New Jersey | $1,551 | −11% |
| New Mexico | $1,490 | −14% |
| New York | $1,801 | +4% |
| North Carolina | $1,852 | +7% |
| North Dakota | $1,414 | −19% |
| Ohio | $1,116 | −36% |
| Oklahoma | $2,486 | +43% |
| Oregon | $1,003 | −42% |
| Pennsylvania | $1,217 | −30% |
| Rhode Island | $2,396 | +38% |
| South Carolina | $1,753 | +1% |
| South Dakota | $1,614 | −7% |
| Tennessee | $1,649 | −5% |
| Texas | $2,864 | +65% |
| Utah | $1,107 | −36% |
| Vermont | $1,215 | −30% |
| Virginia | $1,537 | −12% |
| Washington | $1,232 | −29% |
| West Virginia | $1,179 | −32% |
| Wisconsin | $923 | −47% |
| Wyoming | $1,853 | +7% |
| United States | $1,737 |
Source: NAIC, Data for 2023, Table 4. Averages include all coverage amounts, so states with more expensive homes tend to show higher averages. Earthquake coverage premiums are not included.
Most and least expensive states
- Highest averages: Louisiana ($3,027), Texas ($2,864), Florida ($2,779), Colorado ($2,492), Oklahoma ($2,486).
- Lowest averages: Wisconsin ($923), Oregon ($1,003), Nevada ($1,013), Utah ($1,107), Michigan ($1,110).
Why home insurance costs vary
The NAIC points to a few main reasons averages differ so much between states:
- Home values and construction costs. The amount of insurance needed is based on the value of the home, so places with higher real estate values and building costs tend to have higher premiums.
- Catastrophe exposure. Hurricanes in southeastern coastal areas, tornadoes in the central and southeastern states, and brush and forest fires in the West all raise expected claims.
- The coverage you choose. The NAIC notes that a policy’s price depends on the amount of insurance, the property and perils covered, and the limits and deductibles you pick.
The NAIC also cautions that an average premium is an imperfect measure of price, because hazards, economic conditions and home values differ so much from place to place. Even for the same policy form and amount of coverage, premiums can differ dramatically.
Renters and condo insurance cost less
Policies without building coverage cost much less. Countrywide in 2023, the NAIC’s average was $173 a year for renters insurance (HO-4) and $658 for condo insurance (HO-6). See renters insurance explained and condo insurance explained.
How to pay less than average
- Compare quotes. Insurers price the same home differently. You can compare home insurance quotes with one form.
- Choose a higher deductible you could comfortably pay. In disaster-prone areas, check for separate windstorm, hail or earthquake deductibles too.
- Bundle with auto insurance if it lowers the total. See whether bundling is worth it.
- Ask about discounts for protective devices such as smoke detectors, burglar alarms and deadbolts, and for upgrades that make your home more resistant to disasters.
- Insure the right amount. Base dwelling coverage on the cost to rebuild, not what you paid, and don’t include the value of the land. See how much homeowners insurance you need.
Frequently asked questions
How much is homeowners insurance per month?
Based on the NAIC’s 2023 average of $1,737 a year for HO-3 policies, that is about $145 a month. Your price depends on your home, location and coverage, and prices have changed since 2023.
Which state has the most expensive home insurance?
In the NAIC’s 2023 data, Louisiana had the highest average HO-3 premium ($3,027), followed by Texas ($2,864) and Florida ($2,779).
Which state has the cheapest home insurance?
In the NAIC’s 2023 data, Wisconsin had the lowest average HO-3 premium ($923), followed by Oregon ($1,003) and Nevada ($1,013).
Why is this data from 2023?
The NAIC publishes state averages from data insurers report, which takes time to collect. Its report with 2023 data was published in July 2026, the latest available.
What is an HO-3 policy?
HO-3 is the most common homeowners policy. The NAIC describes it as “all-risks” coverage on the buildings (everything except what the policy excludes) and broad named-peril coverage on personal property (only the risks the policy lists).
Sources
- NAIC: Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner’s Insurance Report, Data for 2023 (July 2026)
- NAIC (National Association of Insurance Commissioners): Bundling
- Insurance Information Institute (Triple-I): 12 ways to lower your homeowners insurance costs
This guide is general information, not insurance or legal advice. Coverage and requirements vary by insurer and state.