Home Insurance Calculator: Estimate Your Cost

Get quick homeowners insurance cost estimates without sharing personal information.

Find out if you're overpaying for home insurance below.

Updated: January 2, 2026

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Homeowners insurance costs vary based on your home's value, location and coverage needs. This home insurance calculator helps you estimate your potential premium by entering basic details about your property.

Use these estimates as a starting point when shopping for coverage and finding the best company for you. Your actual premium depends on your claims history, credit score and property-specific factors like roof condition and safety features. Once you understand what coverage costs in your area, request quotes from three to five insurers with competitive rates to

Why You Can Trust MoneyGeek

MoneyGeek partners with some of the companies we write about. However, our content is written and reviewed by an independent team of editors and licensed insurance agents who prioritize accuracy and consumer education. Our home insurance calculator uses data from Quadrant Information Services to provide reliable rate estimates based on real market pricing.

Get a Quick Home Insurance Estimate

Need a rough idea of homeowners insurance costs without providing detailed property information? Our quick estimate tool shows you what top insurers charge based on your state and home value. You'll see average rates from five major companies within seconds.

How Home Insurance Estimates Differ From What You'll Actually Pay

Our homeowners insurance calculator shows average rates from top insurers in your state based on your coverage amount, deductible, age and credit score. You'll see what each company typically charges for homeowners with your profile.

Actual quotes factor in additional details, such as:

Property condition: Roof age, electrical systems, plumbing updates
Risk factors: Claims history, distance to fire hydrants, security systems
Location specifics: Crime rates, wildfire zones, flood risk

Your final rate may be higher or lower, depending on these factors.

USING YOUR HOME INSURANCE ESTIMATE EFFECTIVELY

Use your estimate to identify which insurers offer the cheapest rates for homeowners like you. Request official quotes from the three to five companies with the best rates. Your personalized quote may differ from the estimate, but you'll know which companies to prioritize.

How We Calculate Your Home Insurance Estimate: Our Methodology

Our calculator draws on data from Quadrant Information Services, a trusted insurance analytics firm, to estimate rates from top insurers based on your profile. Understanding how we generate these estimates helps you interpret your results and know what to expect when requesting actual quotes.

Our Data Sources and Analysis Approach

We analyzed cost data from major homeowners insurance carriers across all 50 states to build our calculator. The tool draws from rate information provided by national and regional insurers, giving you a comprehensive view of what companies charge for coverage in your area.

The data from Quadrant Information Services ensures you see current market rates based on real insurance company pricing. The estimates reflect typical costs for homeowners with characteristics you enter — your state, coverage amount, deductible choice, age and credit score.

Sample Profile Assumptions

Calculator estimates assume a standard homeowner profile:

Ages 41 to 60
$1,000 deductible
2,500-square-foot home built in 2020
Low fire-risk area
No claims within the last five years

Your rate will differ if you fall outside this baseline. Higher deductibles reduce your premium, while fire-prone locations and recent claims increase costs.

What Our Estimates Don't Include

The calculator provides estimates based on the factors you input, but actual quotes will account for property-specific details we don't capture:

Property characteristics like roof age and condition, square footage, construction type and building materials all influence your final rate.

Claims history has a major impact on pricing. Multiple recent claims can increase your rate above our estimates, while a claims-free history often qualifies you for discounts.

Safety features such as monitored security systems, fire sprinklers, storm shutters and deadbolts can reduce your premium depending on your insurer and state.

Calculate Home Insurance Cost: Factors Affecting Your Rates

Homeowners insurance rates aren't one-size-fits-all. Insurers evaluate dozens of factors about your property, location and personal profile to determine what you'll pay. Knowing these factors can help you spot potential savings and set realistic expectations when comparing quotes.

Dwelling Coverage Amount

Rebuilding costs are one of the main factors that affect your premium. Increasing dwelling coverage from $250,000 to $500,000 can raise your premium by over $2,400 per year on average.

Location

Your location has a major impact on homeowners insurance costs because insurers set rates based on regional risks such as natural disasters, weather patterns and crime rates. Coastal areas face higher premiums due to hurricane exposure, while states in tornado-prone regions also see elevated rates.

Local factors like construction costs, fire protection services and crime statistics create notable rate differences between neighborhoods and ZIP codes.

Credit Score

The average cost for homeowners with excellent credit is $2,404 annually while poor credit averages $6,711 — a difference of over $4,000, according to our analysis. California, Hawaii, Massachusetts and Michigan prohibit credit-based insurance pricing.

Claims History

Homeowners who have filed a single claim see premium increases of 15% on average. Having multiple claims can raise your rate even higher.

Home Age

Newer homes usually cost less to insure since they have updated electrical, plumbing and heating systems that experience fewer issues. For instance, homes built in 1980 cost about 16% more on average than those built in 2000.

Roof and Construction Materials

Newer roofs cost less to insure than older roofs, with premiums increasing as roofs age beyond 10 years. Materials like metal and impact-resistant shingles generally qualify for discounts in areas prone to hail or severe weather, while wood shake roofing often costs more due to fire risk.

Fire-resistant construction materials such as brick, stucco or concrete can reduce premiums, particularly in wildfire-prone regions.

Square Footage

Larger homes cost more to insure because they're more expensive to rebuild. An 800-square-foot home averages $3,226 annually, while a 3,400-square-foot home averages $4,262 — about 32% more for over four times the space.

Deductible Choice

Your deductible amount affects your premium as well. Choosing a $1,000 deductible costs 6% less annually than a $500 deductible, while a $2,000 deductible saves 9% compared to $1,000.

Pick the highest deductible you can comfortably pay from emergency savings, as the premium savings disappear if you can't afford your deductible when filing a claim.

Home Insurance Estimates by Coverage Level

Home insurance costs increase as you add more dwelling coverage because higher limits mean insurers pay more to rebuild your home after a total loss. Compare rates across different coverage levels to find the right balance between protection and affordability for your property's replacement cost.


$100K Dwelling / $50K Personal Property / $100K Liability	$1,875	$156
$250K Dwelling / $125K Personal Property / $200K Liability	$3,548	$296
$500K Dwelling / $250K Personal Property / $300K Liability	$6,016	$501
$750K Dwelling / $375K Personal Property / $500K Liability	$8,512	$709
$1MM Dwelling / $500K Personal Property / $1MM Liability	$10,943	$912

HOMEOWNERS INSURANCE RATES BY HOME VALUE

Your home's value directly impacts your insurance premium because higher-value homes cost more to rebuild and contain more valuable belongings to protect. Learn more about rates across different home values to understand how coverage costs scale with your property's worth:

Home Insurance Estimates by State

Your location is one of the most important factors impacting homeowners insurance costs. Insurers calculate premiums based on local risks. Coastal areas are prone to hurricanes, while other regions experience tornadoes, wildfires or earthquakes. Crime rates also affect pricing, with higher theft and vandalism rates leading to increased premiums.

Explore the table below to see home insurance estimates by state and dwelling coverage.

Data filtered by:


Alabama	$4,637	31%
Alaska	$1,323	-63%
Arizona	$2,605	-27%
Arkansas	$5,045	42%
California	$1,348	-62%
Colorado	$4,075	15%
Connecticut	$2,306	-35%
Delaware	$976	-72%
District of Columbia	$1,289	-64%
Florida	$10,240	189%
Georgia	$2,261	-36%
Hawaii	$601	-83%
Idaho	$1,675	-53%
Illinois	$3,164	-11%
Indiana	$3,094	-13%
Iowa	$2,381	-33%
Kansas	$3,713	5%
Kentucky	$3,233	-9%
Louisiana	$8,497	140%
Maine	$1,424	-60%
Maryland	$2,633	-26%
Massachusetts	$2,066	-42%
Michigan	$2,206	-38%
Minnesota	$2,402	-32%
Mississippi	$5,166	46%
Missouri	$2,994	-16%
Montana	$4,913	38%
Nebraska	$6,269	77%
Nevada	$1,212	-66%
New Hampshire	$1,152	-68%
New Jersey	$1,774	-50%
New Mexico	$1,787	-50%
New York	$1,556	-56%
North Carolina	$3,756	6%
North Dakota	$2,261	-36%
Ohio	$2,076	-41%
Oklahoma	$7,683	117%
Oregon	$1,083	-69%
Pennsylvania	$2,334	-34%
Rhode Island	$2,090	-41%
South Carolina	$3,103	-13%
South Dakota	$3,615	2%
Tennessee	$2,931	-17%
Texas	$6,854	93%
Utah	$1,456	-59%
Vermont	$1,054	-70%
Virginia	$2,679	-25%
Washington	$1,475	-58%
West Virginia	$1,719	-52%
Wisconsin	$1,388	-61%
Wyoming	$1,891	-47%

How to Calculate Home Insurance Coverage Needs

Determining the right amount of homeowners insurance protects your finances without overpaying for unnecessary coverage. Follow these steps to estimate the coverage you need based on your home’s features and the value of your belongings.

1
Determine Your Dwelling Coverage Amount
Your dwelling coverage should reflect what it would cost to rebuild your home from the ground up rather than your home's market value or purchase price. Market value includes your land and factors like neighborhood desirability. Rebuild cost only accounts for the structure itself: materials, labor and construction expenses.

To calculate your dwelling coverage amount, multiply your home's square footage by local construction costs per square foot. Construction costs usually run from $100 to more than $300 per square foot, depending on your region.

Example: 2,500 square foot home × $125 per square foot = $312,500 dwelling coverage
2
Calculate Personal Property Coverage
Personal property coverage protects possessions inside your home, including furniture, electronics, clothing and appliances.

Most policies automatically provide 50-70% of your dwelling coverage for personal property. A policy with $250,000 in dwelling coverage typically includes $125,000-$175,000 in personal property protection.

Create a home inventory to determine if standard coverage meets your needs. List your belongings and calculate replacement costs. If your possessions exceed the automatic limit, increase your personal property coverage or add a valuable items endorsement for high-value items like jewelry and art.
3
Determine Your Liability Coverage
Personal liability insurance covers you if someone gets hurt on your property or if you’re held legally responsible for damage to another person’s property. Most standard home insurance policies include $100,000 to $300,000 in liability protection, with options to raise your limit.

If you own valuable assets, consider adding more liability coverage. Increasing your limit usually costs about $10 to $20 per year for every additional $100,000, offering an inexpensive way to safeguard your finances against potential lawsuits.
4
Consider Other Coverages
While core home insurance components, such as personal liability and personal property coverage, are essential, homeowners might overlook additional coverages, including hazard, flood and earthquake insurance. These can be necessary depending on your situation:
- Flood insurance: Standard policies exclude flood damage. Homeowners in flood-prone areas need separate coverage through the National Flood Insurance Program or private insurers.
- Earthquake insurance: Like flood coverage, earthquake damage isn't covered by standard homeowners insurance. Those in seismic zones should consider this coverage as an endorsement or separate policy.
- Sewer backup: This covers damage caused by sewers or drains backing into your home, which basic policies usually don't include.
- Valuable items endorsement: Standard policies may not adequately cover high-value items like jewelry or art. An endorsement ensures full financial protection for these items.
5
Choose Your Deductible
Your deductible is what you pay out of pocket before insurance covers the rest. Common options include $500, $1,000, $2,500 and $5,000.

Pick the highest deductible you can comfortably pay from emergency savings. Higher deductibles lower your premium but require more cash after a loss.

Home Insurance Estimate: FAQ

We’ve answered common questions about home insurance cost estimates to help you better compare your options.

How much is home insurance a month?

Homeowners insurance costs $296 per month on average, or $3,548 annually. Your actual rate depends on your home's value, location, construction materials, credit score and claims history.

Coastal states with hurricane exposure pay above-average rates, as do areas prone to tornadoes or wildfires. States with mild weather and low claim frequency offer lower premiums.

What factors affect home insurance costs the most?

Location and dwelling coverage amount have the greatest impact on your premium. Your state determines baseline costs based on natural disaster risks, crime rates and construction expenses.

Other influential factors include your home's age, roof condition, square footage, distance to fire stations and claims history over the past five years.

How does home value influence insurance rates?

Higher home values increase insurance costs because insurers would pay more to rebuild your property after a total loss. Your dwelling coverage should reflect replacement cost (what it costs to rebuild your home's structure) rather than market value, which includes land.

A home with a $400,000 market value might sit on $150,000 worth of land, meaning you need $250,000 dwelling coverage for the structure itself. Larger, more valuable homes also contain more belongings to protect, increasing personal property coverage needs.

Why do insurance costs vary by state or ZIP code?

Insurers price coverage based on local risks and costs. Coastal states are prone to hurricane damage, while inland regions experience tornadoes, hail or wildfires. Crime rates affect premiums as well. High-crime neighborhoods pay more due to theft and vandalism risks.

Local construction costs also vary, with major metros and coastal areas requiring higher premiums to cover expensive rebuilds. Even ZIP codes within the same city see rate differences based on proximity to fire stations and neighborhood-specific crime statistics.

How much home insurance do I need?

You need enough dwelling coverage to rebuild your home based on replacement cost, which is calculated by multiplying your home’s square footage by local construction costs per square foot. Personal property coverage should reflect what it would cost to replace all your belongings.

Most policies automatically provide 50-70% of your dwelling coverage. Liability coverage helps pay for injuries that happen on your property. Most homeowners are advised to carry between $300,000 and $500,000 in coverage.

Homeowners Insurance Cost: Related Pages

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.

Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

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