COSTS BY STATE
Homeowners insurance cost by state
Each figure below comes from a named published source, shown on the state page with its year and our verification date. Where we could not verify a state figure, we would show the national benchmark instead and say so. Flood insurance is separate and is not included.
Disclaimer: Published averages and ranges, not a quote. This page is not insurance advice. Your premium will differ based on your home, location, claims history, and insurer.
What the table tells you at a glance
On an identical $300,000 dwelling basis, the most expensive state in our launch table, Florida at $5,728 per year, costs about 4.7 times the least expensive, New Jersey at $1,208. That spread is the single best argument against shopping from a national average. The national figure of $2,470 sits between them and describes neither state well. Use the table to find your state, open its page for the comparison against the national figure and the premium per $100,000 of home value, then run the benchmark tool at your own dwelling limit before you judge any real quote.
| State | Published average / year, $300k dwelling basis | vs national $2,470 | Median home value, 2023 summary |
|---|---|---|---|
| Florida | $5,728 | +$3,258 | $406,896 |
| Texas | $4,085 | +$1,615 | $305,497 |
| North Carolina | $2,352 | -$118 | $321,447 |
| Michigan | $2,351 | -$119 | $233,019 |
| Illinois | $2,174 | -$296 | $254,128 |
| Georgia | $1,980 | -$490 | $320,437 |
| New York | $1,874 | -$596 | $421,274 |
| Virginia | $1,674 | -$796 | $376,931 |
| California | $1,633 | -$837 | $762,981 |
| Ohio | $1,395 | -$1,075 | $220,542 |
| Pennsylvania | $1,251 | -$1,219 | $256,842 |
| New Jersey | $1,208 | -$1,262 | $500,717 |
How to use this table without fooling yourself
Three checks keep the table honest. First, the basis check: these averages assume a $300,000 dwelling limit. Your home’s rebuild cost, not its listing price, sets your limit, and our replacement cost guide shows how to sanity-check that number. Second, the home check: roof age and material, deductible shape and claims history move your price away from the state average in both directions, so a quote above the average is not automatically a bad quote. Third, the product check: compare quotes only at identical limits, deductibles and settlement terms. A cheaper quote built on a percentage deductible or a depreciated roof payout is a different product wearing a lower price tag.
When you are ready to pressure-test a real number, the Home Cover Benchmark applies printed dwelling, roof and deductible factors to your state average and returns a range. The guides explain each factor, and your methodology page visit shows exactly which sources stand behind every figure in the table.
Common questions
Why do state averages vary so much?
On the same $300,000 dwelling basis, our launch table runs from $1,208 in New Jersey to $5,728 in Florida. Weather risk, rebuilding costs, claim frequency and how many insurers compete in a state all feed that spread. The national average of $2,470 is a midpoint almost nobody actually pays.
What dwelling basis do these figures use?
The Bankrate state table we cite prices a $300,000 dwelling policy. If your home would cost more to rebuild, expect a higher premium than your state average. Our dwelling pages explain the $300k, $500k and $750k limits.
Are these quotes?
No. They are published averages from the named source, shown with source year and verification date. Only an insurer or licensed agent can quote your home, and your premium will differ.
Is flood insurance included?
No. Flood is covered separately, usually through the National Flood Insurance Program or a private flood insurer, and it is excluded from every figure on this page.
Sources and verification
Bankrate True Cost of Home Insurance 2025 state table (as reproduced by The Hartford, citing Bankrate), $300,000 dwelling basis; national average $2,470 from the Bankrate True Cost report (press release, August 25, 2025); median home values from Ruby Home 2023 median home price summary. Verified 2026-10-04. See Methodology and the Disclaimer.