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Updated: Nov 11, 2023
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State Farm provides the most affordable home insurance policies for seniors, with rates averaging $85 per month. It's important to note that home insurance rates are not based on your age — instead, costs vary depending on factors such as your home’s location, coverage and the age of your home. Seniors can save on their monthly premiums by exploring and comparing quotes from various providers.

To aid seniors in securing the best and most affordable home insurance, MoneyGeek has analyzed average premiums across various dwelling coverage levels and individual insurance requirements.

MoneyGeek Logo IconCheapestHomeowners for Seniors
2023

Cheapest Homeowners Insurance for Seniors

Cheapest Overall Home Insurance for Seniors

The cheapest overall home insurance provider for seniors is State Farm, with an average monthly premium of $85, or approximately $1,026 annually. It’s worth noting that home insurance providers do not determine rates based on age. Instead, some insurers offer discounts tailored to seniors, such as reductions in premiums for those who are of retirement age.

Following State Farm, Nationwide trails closely, offering competitive rates at an average of $103 per month — a modest difference of $18 per month compared to State Farm.

These rates are for a standard policy encompassing $100,000 in dwelling coverage along with $50,000 in personal property coverage. Explore the table below to compare home insurance quotes from the most affordable providers.

Company
Monthly Premium
Annual Premium

State Farm

$85

$1,026

Nationwide

$103

$1,236

Farmers

$104

$1,242

Allstate

$121

$1,449

Travelers

$306

$3,674

Travelers, the more costly provider, costs $221 more per month compared to State Farm — making it all the more important for seniors to compare home insurance quotes to find cheap home insurance.

Age has no bearing on insurance rates, especially for seniors. Instead, the pricing of each policy is determined by a range of factors such as the level of coverage, the location and age of your home, your credit score and more. While seeking an affordable rate is key, finding a policy that offers good value is equally important. Different providers present distinct advantages, ranging from extensive coverage to outstanding customer service. By comparing different options, seniors can find a cost-effective home insurance policy and one that best meets their needs.

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MoneyGeek Top Pick
State Farm

With policies averaging $85 per month, State Farm is the most affordable option for senior homeowners. While State Farm doesn’t offer any senior-specific discounts, the company does have a range of discounts that seniors can still qualify for, such as the Protective Devices discount, which rewards homeowners who install security systems such as burglar and smoke alarms and the Home Renovation discount for those who have recently renovated their homes.

Cheapest Home Insurance for Seniors by Coverage Limits

For seniors, the most cost-effective provider for a home insurance policy with $100,000 in dwelling coverage is State Farm, with an average charge of $85 per month. However, your "cheapest" provider may change based on the dwelling coverage limits, since they partly determine your premiums. Although State Farm is one of the most affordable home insurance providers for seniors across a wide range of dwelling coverage limits, your rate may differ depending on factors unique to you.

Discover which companies cater to seniors with the most affordable home insurance based on your preferred dwelling coverage limits below.

Company
Monthly Premium
Annual Premium

State Farm

$85

$1,026

Nationwide

$103

$1,236

Farmers

$104

$1,242

Allstate

$121

$1,449

State Farm

$158

$1,895

Farmers

$178

$2,135

Allstate

$200

$2,399

Nationwide

$203

$2,432

State Farm

$261

$3,126

Travelers

$306

$3,674

Farmers

$329

$3,951

Allstate

$336

$4,038

State Farm

$363

$4,353

Nationwide

$374

$4,491

Farmers

$457

$5,483

State Farm

$459

$5,507

Allstate

$471

$5,656

Travelers

$476

$5,717

Nationwide

$553

$6,637

Farmers

$581

$6,967

Allstate

$614

$7,373

Travelers

$696

$8,348

Nationwide

$732

$8,780

Travelers

$948

$11,381

Travelers

$1,226

$14,711

Cheapest Home Insurance for Seniors by Deductible

Filing an insurance claim involves dealing with deductibles, the amount seniors pay out of pocket before the home insurance kicks in. Seniors should consider their deductibles when comparing home insurance quotes, as higher deductibles lead to lower monthly premiums. For instance, a policy providing $100K in dwelling coverage with a $500 deductible averages $1,635 per year, whereas the same policy with a $2,000 deductible costs $1,360 per year.

This aspect can be particularly significant for seniors who may be budgeting on a fixed income. By choosing a higher deductible, you can manage your monthly expenses better.

Deductible
Annual Premium

$500

$1,635

$500

$8,584

$500

$2,821

$500

$4,721

$500

$6,631

$1000

$1,518

$1000

$7,947

$1000

$2,614

$1000

$4,373

$1000

$6,139

$1500

$1,441

$1500

$7,541

$1500

$2,479

$1500

$4,151

$1500

$5,826

$2000

$1,360

$2000

$7,068

$2000

$2,334

$2000

$3,901

$2000

$5,466

Cheapest Home Insurance for Seniors by Credit Score

For seniors with a less favorable credit score, Nationwide is a viable option, offering an average rate of $173 per month. Credit scores are considered by home insurance providers as a measure of financial responsibility, with higher scores associated with a lower risk of filing a claim and better risk management techniques. However, insurers cannot use your credit score to determine your rates in some states, such as California, Hawaii or Massachusetts.

Explore below to see which provider is the most budget-friendly (has the lowest annual premium) based on your credit score and desired dwelling coverage.

Credit Score
Cheapest Company
Annual Premium

Excellent

State Farm

$828

Good

State Farm

$1,026

Fair

State Farm

$1,407

Below Fair

Nationwide

$1,635

Poor

Nationwide

$2,069

Excellent

Travelers

$4,179

Good

State Farm

$5,507

Fair

State Farm

$7,452

Below Fair

State Farm

$9,817

Poor

State Farm

$12,967

Excellent

Farmers

$1,518

Good

State Farm

$1,895

Fair

State Farm

$2,586

Below Fair

Nationwide

$3,235

Poor

Nationwide

$4,082

Excellent

Travelers

$2,344

Good

State Farm

$3,126

Fair

State Farm

$4,232

Below Fair

State Farm

$5,554

Poor

State Farm

$7,316

Excellent

Travelers

$3,224

Good

State Farm

$4,353

Fair

State Farm

$5,867

Below Fair

State Farm

$7,694

Poor

State Farm

$10,128

Generally, those aged 58 and above have credit scores between 742 and 760 thanks to having long credit histories, accumulating cash and other benefits from their years of working. Maintaining such a good credit score can be beneficial, especially for seniors, as it can save an average of $2,685 annually compared to those with poor credit. Savings like these are particularly advantageous for seniors on a fixed income.

Cheapest Home Insurance for Seniors by State

Securing affordable home insurance for seniors can vary significantly based on geographic location. For instance, State Farm offers the lowest rates in 23 states, such as Colorado and Illinois. In comparison, Farmers is more budget-friendly for seniors in 11 other states, including California and New Hampshire.

A location's risk of weather-related damage or a region's theft rate influences home insurance premiums. Seniors who live far away from emergency services or who live in areas with stringent building codes may experience higher claims costs and frequency.

Refer to the table below to find which companies provide the most affordable home insurance for seniors in your state, according to your preferred dwelling coverage.

State
Company
Annual Premium

Alabama

State Farm

$1,715

Alabama

Farmers

$1,825

Alabama

Allstate

$1,896

Alabama

Nationwide

$1,996

Alabama

Travelers

$7,047

Alaska

State Farm

$910

Alaska

Allstate

$978

Arizona

State Farm

$710

Arizona

Nationwide

$754

Arizona

Farmers

$1,171

Arizona

Allstate

$1,349

Arizona

Travelers

$2,974

Arkansas

State Farm

$1,262

Arkansas

Nationwide

$1,810

Arkansas

Farmers

$1,917

Arkansas

Allstate

$2,550

Arkansas

Travelers

$6,863

California

Allstate

$367

California

Farmers

$464

California

Travelers

$476

California

State Farm

$584

California

Nationwide

$618

Colorado

State Farm

$1,495

Colorado

Allstate

$1,948

Colorado

Nationwide

$2,614

Colorado

Farmers

$3,611

Connecticut

Farmers

$566

Connecticut

State Farm

$755

Connecticut

Allstate

$1,156

Connecticut

Travelers

$3,808

Delaware

Travelers

$413

Delaware

State Farm

$465

Delaware

Nationwide

$666

Florida

Nationwide

$1,573

Florida

State Farm

$2,932

Florida

Allstate

$5,101

Georgia

Travelers

$936

Georgia

Nationwide

$1,197

Georgia

Farmers

$1,220

Georgia

Allstate

$1,242

Georgia

State Farm

$1,306

Hawaii

Allstate

$188

Hawaii

State Farm

$226

Idaho

Farmers

$509

Idaho

Nationwide

$546

Idaho

Allstate

$1,104

Idaho

State Farm

$1,110

Illinois

State Farm

$797

Illinois

Nationwide

$888

Illinois

Farmers

$970

Illinois

Allstate

$1,046

Illinois

Travelers

$4,133

Indiana

Allstate

$776

Indiana

State Farm

$995

Indiana

Nationwide

$1,032

Indiana

Farmers

$1,286

Indiana

Travelers

$4,295

Iowa

Farmers

$830

Iowa

Nationwide

$953

Iowa

State Farm

$967

Iowa

Allstate

$1,668

Kansas

State Farm

$1,373

Kansas

Allstate

$2,163

Kansas

Farmers

$2,314

Kansas

Nationwide

$3,314

Kentucky

State Farm

$1,162

Kentucky

Nationwide

$1,175

Louisiana

State Farm

$1,478

Louisiana

Allstate

$2,171

Maine

Farmers

$452

Maine

State Farm

$461

Maine

Allstate

$1,003

Maine

Travelers

$1,288

Maryland

Farmers

$511

Maryland

State Farm

$741

Maryland

Nationwide

$1,014

Maryland

Allstate

$2,002

Maryland

Travelers

$2,706

Massachusetts

Farmers

$517

Massachusetts

State Farm

$564

Massachusetts

Allstate

$1,597

Massachusetts

Travelers

$2,672

Michigan

State Farm

$829

Michigan

Farmers

$1,056

Minnesota

Farmers

$1,218

Minnesota

State Farm

$1,222

Mississippi

State Farm

$1,891

Mississippi

Nationwide

$2,031

Mississippi

Allstate

$3,165

Mississippi

Travelers

$10,364

Missouri

State Farm

$1,145

Missouri

Nationwide

$1,853

Missouri

Allstate

$1,973

Montana

Nationwide

$845

Montana

State Farm

$1,234

Montana

Allstate

$1,666

Montana

Farmers

$1,856

Montana

Travelers

$9,504

Nebraska

State Farm

$2,247

Nebraska

Allstate

$2,284

Nebraska

Farmers

$2,418

Nebraska

Nationwide

$2,706

Nebraska

Travelers

$5,807

Nevada

Farmers

$561

Nevada

Nationwide

$574

Nevada

State Farm

$644

New Hampshire

Allstate

$500

New Hampshire

Farmers

$503

New Hampshire

State Farm

$512

New Hampshire

Nationwide

$557

New Jersey

Farmers

$470

New Jersey

State Farm

$594

New Mexico

State Farm

$1,135

New York

State Farm

$456

New York

Travelers

$501

New York

Farmers

$531

New York

Nationwide

$623

New York

Allstate

$1,279

North Carolina

State Farm

$611

North Carolina

Nationwide

$1,950

North Carolina

Farmers

$2,152

North Dakota

Allstate

$793

North Dakota

Farmers

$1,036

North Dakota

State Farm

$1,344

Ohio

Nationwide

$764

Ohio

Farmers

$807

Ohio

State Farm

$874

Ohio

Allstate

$939

Ohio

Travelers

$3,045

Oklahoma

Allstate

$2,675

Oklahoma

State Farm

$2,714

Oklahoma

Farmers

$4,629

Oregon

Nationwide

$457

Oregon

Farmers

$590

Oregon

State Farm

$606

Oregon

Allstate

$911

Pennsylvania

State Farm

$610

Pennsylvania

Allstate

$645

Pennsylvania

Nationwide

$647

Pennsylvania

Farmers

$682

Pennsylvania

Travelers

$2,761

Rhode Island

State Farm

$602

Rhode Island

Farmers

$611

Rhode Island

Nationwide

$736

Rhode Island

Allstate

$1,780

South Carolina

State Farm

$962

South Carolina

Allstate

$1,298

South Carolina

Nationwide

$1,728

South Carolina

Travelers

$2,727

South Dakota

Allstate

$1,382

South Dakota

State Farm

$1,413

South Dakota

Farmers

$1,543

South Dakota

Nationwide

$1,708

Tennessee

State Farm

$1,074

Tennessee

Allstate

$1,556

Tennessee

Travelers

$3,887

Texas

Farmers

$2,084

Texas

State Farm

$2,107

Texas

Nationwide

$2,874

Utah

Farmers

$376

Utah

State Farm

$578

Utah

Nationwide

$589

Vermont

Allstate

$468

Vermont

State Farm

$551

Vermont

Travelers

$1,314

Virginia

State Farm

$629

Virginia

Nationwide

$900

Virginia

Farmers

$950

Virginia

Allstate

$1,033

Virginia

Travelers

$3,312

Washington

Nationwide

$647

Washington

Allstate

$666

Washington

State Farm

$706

West Virginia

Nationwide

$848

West Virginia

State Farm

$1,062

West Virginia

Allstate

$1,258

Wisconsin

State Farm

$570

Wisconsin

Nationwide

$600

Wisconsin

Allstate

$813

Wyoming

State Farm

$713

Wyoming

Allstate

$1,417

Alabama

State Farm

$8,448

Alabama

Allstate

$10,184

Alabama

Farmers

$12,266

Alabama

Nationwide

$13,309

Alabama

Travelers

$27,460

Alaska

State Farm

$4,812

Alaska

Allstate

$5,288

Arizona

State Farm

$3,747

Arizona

Allstate

$5,443

Arizona

Nationwide

$5,668

Arizona

Farmers

$5,730

Arizona

Travelers

$12,411

Arkansas

State Farm

$6,600

Arkansas

Allstate

$9,722

Arkansas

Farmers

$10,048

Arkansas

Nationwide

$13,798

Arkansas

Travelers

$29,194

California

Allstate

$2,582

California

Travelers

$3,289

California

State Farm

$3,544

California

Nationwide

$4,129

California

Farmers

$6,069

Colorado

Allstate

$7,482

Colorado

State Farm

$8,280

Colorado

Farmers

$12,331

Colorado

Nationwide

$16,219

Connecticut

State Farm

$4,078

Connecticut

Allstate

$4,829

Connecticut

Farmers

$5,825

Connecticut

Travelers

$14,271

Delaware

Travelers

$2,708

Delaware

State Farm

$2,721

Delaware

Nationwide

$6,177

Florida

Nationwide

$12,740

Florida

State Farm

$15,948

Florida

Allstate

$51,536

Georgia

Allstate

$5,993

Georgia

State Farm

$6,862

Georgia

Farmers

$6,926

Georgia

Travelers

$8,172

Georgia

Nationwide

$10,868

Hawaii

Allstate

$1,783

Hawaii

State Farm

$1,930

Idaho

Nationwide

$3,386

Idaho

State Farm

$5,042

Idaho

Farmers

$5,244

Idaho

Allstate

$5,956

Illinois

Allstate

$3,538

Illinois

Farmers

$4,305

Illinois

State Farm

$4,410

Illinois

Nationwide

$5,396

Illinois

Travelers

$14,889

Indiana

Allstate

$2,535

Indiana

State Farm

$5,251

Indiana

Farmers

$6,514

Indiana

Nationwide

$7,009

Indiana

Travelers

$16,586

Iowa

Farmers

$4,170

Iowa

State Farm

$5,100

Iowa

Nationwide

$6,264

Iowa

Allstate

$6,300

Kansas

State Farm

$7,181

Kansas

Allstate

$8,402

Kansas

Farmers

$9,316

Kansas

Nationwide

$23,854

Kentucky

State Farm

$6,089

Kentucky

Nationwide

$10,189

Louisiana

State Farm

$7,762

Louisiana

Allstate

$11,717

Maine

State Farm

$2,453

Maine

Farmers

$4,855

Maine

Allstate

$5,778

Maine

Travelers

$5,925

Maryland

State Farm

$3,937

Maryland

Farmers

$4,509

Maryland

Nationwide

$5,193

Maryland

Allstate

$7,407

Maryland

Travelers

$11,880

Massachusetts

Farmers

$3,004

Massachusetts

Allstate

$5,053

Massachusetts

State Farm

$6,232

Massachusetts

Travelers

$10,777

Michigan

State Farm

$4,363

Michigan

Farmers

$6,421

Minnesota

Farmers

$4,292

Minnesota

State Farm

$6,775

Mississippi

State Farm

$10,152

Mississippi

Nationwide

$16,270

Mississippi

Allstate

$23,187

Mississippi

Travelers

$34,521

Missouri

State Farm

$6,018

Missouri

Allstate

$7,800

Missouri

Nationwide

$12,711

Montana

Allstate

$6,125

Montana

State Farm

$6,482

Montana

Nationwide

$7,467

Montana

Farmers

$7,587

Montana

Travelers

$35,148

Nebraska

Allstate

$8,304

Nebraska

Farmers

$10,126

Nebraska

State Farm

$11,773

Nebraska

Nationwide

$17,252

Nebraska

Travelers

$22,031

Nevada

Farmers

$3,300

Nevada

State Farm

$3,567

Nevada

Nationwide

$4,016

New Hampshire

State Farm

$2,701

New Hampshire

Allstate

$2,973

New Hampshire

Nationwide

$4,098

New Hampshire

Farmers

$4,335

New Jersey

State Farm

$3,194

New Jersey

Farmers

$3,352

New Mexico

State Farm

$4,989

New York

Travelers

$3,577

New York

State Farm

$4,279

New York

Nationwide

$4,695

New York

Farmers

$5,973

New York

Allstate

$6,255

North Carolina

State Farm

$2,516

North Carolina

Farmers

$16,114

North Carolina

Nationwide

$17,175

North Dakota

Allstate

$5,153

North Dakota

State Farm

$7,074

North Dakota

Farmers

$10,493

Ohio

Allstate

$4,255

Ohio

Farmers

$4,317

Ohio

State Farm

$4,587

Ohio

Nationwide

$4,716

Ohio

Travelers

$12,705

Oklahoma

Allstate

$11,889

Oklahoma

State Farm

$14,176

Oklahoma

Farmers

$19,673

Oregon

Nationwide

$2,622

Oregon

State Farm

$3,192

Oregon

Farmers

$3,463

Oregon

Allstate

$3,470

Pennsylvania

Allstate

$1,756

Pennsylvania

State Farm

$3,230

Pennsylvania

Farmers

$4,137

Pennsylvania

Nationwide

$5,885

Pennsylvania

Travelers

$12,450

Rhode Island

State Farm

$3,474

Rhode Island

Nationwide

$5,392

Rhode Island

Allstate

$8,053

Rhode Island

Farmers

$8,177

South Carolina

State Farm

$5,138

South Carolina

Allstate

$9,122

South Carolina

Travelers

$10,971

South Carolina

Nationwide

$13,765

South Dakota

Farmers

$6,132

South Dakota

State Farm

$7,416

South Dakota

Allstate

$8,388

South Dakota

Nationwide

$10,620

Tennessee

State Farm

$5,622

Tennessee

Allstate

$5,843

Tennessee

Travelers

$14,872

Texas

Farmers

$8,978

Texas

State Farm

$9,287

Texas

Nationwide

$16,670

Utah

Farmers

$2,314

Utah

State Farm

$2,582

Utah

Nationwide

$3,678

Vermont

Allstate

$1,890

Vermont

State Farm

$2,911

Vermont

Travelers

$6,157

Virginia

State Farm

$3,370

Virginia

Allstate

$4,360

Virginia

Nationwide

$6,055

Virginia

Farmers

$6,592

Virginia

Travelers

$13,659

Washington

Allstate

$1,575

Washington

Nationwide

$2,462

Washington

State Farm

$3,926

West Virginia

State Farm

$5,572

West Virginia

Nationwide

$5,927

West Virginia

Allstate

$6,102

Wisconsin

Allstate

$2,990

Wisconsin

State Farm

$3,068

Wisconsin

Nationwide

$5,504

Wyoming

Allstate

$8,820

Alabama

State Farm

$3,048

Alabama

Allstate

$3,117

Alabama

Farmers

$3,187

Alabama

Nationwide

$3,813

Alabama

Travelers

$10,671

Alaska

Allstate

$1,558

Alaska

State Farm

$1,690

Arizona

State Farm

$1,315

Arizona

Nationwide

$1,538

Arizona

Farmers

$1,844

Arizona

Allstate

$1,994

Arizona

Travelers

$4,799

Arkansas

State Farm

$2,321

Arkansas

Farmers

$3,243

Arkansas

Nationwide

$3,530

Arkansas

Allstate

$3,696

Arkansas

Travelers

$10,604

California

Allstate

$727

California

Travelers

$878

California

State Farm

$1,097

California

Nationwide

$1,110

California

Farmers

$1,189

Colorado

State Farm

$2,760

Colorado

Allstate

$3,519

Colorado

Farmers

$4,893

Colorado

Nationwide

$5,177

Connecticut

Farmers

$1,259

Connecticut

State Farm

$1,428

Connecticut

Allstate

$1,448

Connecticut

Travelers

$5,600

Delaware

Travelers

$718

Delaware

State Farm

$911

Delaware

Nationwide

$1,106

Florida

Nationwide

$3,485

Florida

State Farm

$5,492

Florida

Allstate

$12,794

Georgia

Allstate

$1,819

Georgia

Farmers

$1,947

Georgia

Travelers

$1,956

Georgia

Nationwide

$2,401

Georgia

State Farm

$2,414

Hawaii

Allstate

$423

Hawaii

State Farm

$440

Idaho

Nationwide

$997

Idaho

Farmers

$1,219

Idaho

Allstate

$1,623

Idaho

State Farm

$1,917

Illinois

Farmers

$1,365

Illinois

Nationwide

$1,463

Illinois

State Farm

$1,472

Illinois

Allstate

$1,504

Illinois

Travelers

$6,224

Indiana

Allstate

$1,019

Indiana

State Farm

$1,840

Indiana

Nationwide

$2,083

Indiana

Farmers

$2,114

Indiana

Travelers

$6,857

Iowa

Farmers

$1,358

Iowa

Nationwide

$1,781

Iowa

State Farm

$1,786

Iowa

Allstate

$2,700

Kansas

State Farm

$2,525

Kansas

Allstate

$3,609

Kansas

Farmers

$3,718

Kansas

Nationwide

$7,083

Kentucky

Nationwide

$2,065

Kentucky

State Farm

$2,141

Louisiana

State Farm

$2,727

Louisiana

Allstate

$3,610

Maine

State Farm

$857

Maine

Farmers

$1,097

Maine

Allstate

$1,722

Maine

Travelers

$2,043

Maryland

Farmers

$1,072

Maryland

State Farm

$1,379

Maryland

Nationwide

$1,704

Maryland

Allstate

$2,493

Maryland

Travelers

$3,821

Massachusetts

Farmers

$997

Massachusetts

State Farm

$1,350

Massachusetts

Allstate

$2,077

Massachusetts

Travelers

$3,940

Michigan

State Farm

$1,532

Michigan

Farmers

$1,741

Minnesota

Farmers

$1,621

Minnesota

State Farm

$2,254

Mississippi

State Farm

$3,589

Mississippi

Nationwide

$4,118

Mississippi

Allstate

$6,243

Mississippi

Travelers

$14,143

Missouri

State Farm

$2,115

Missouri

Allstate

$3,110

Missouri

Nationwide

$3,753

Montana

Nationwide

$1,737

Montana

State Farm

$2,277

Montana

Allstate

$2,768

Montana

Farmers

$3,021

Montana

Travelers

$16,080

Nebraska

Farmers

$4,035

Nebraska

Allstate

$4,091

Nebraska

State Farm

$4,135

Nebraska

Nationwide

$5,422

Nebraska

Travelers

$9,502

Nevada

Farmers

$892

Nevada

Nationwide

$1,085

Nevada

State Farm

$1,189

New Hampshire

State Farm

$949

New Hampshire

Allstate

$975

New Hampshire

Farmers

$1,065

New Hampshire

Nationwide

$1,093

New Jersey

Farmers

$1,098

New Jersey

State Farm

$1,124

New Mexico

State Farm

$2,064

New York

State Farm

$916

New York

Travelers

$964

New York

Nationwide

$1,222

New York

Farmers

$1,225

New York

Allstate

$1,860

North Carolina

State Farm

$1,061

North Carolina

Farmers

$4,380

North Carolina

Nationwide

$4,615

North Dakota

Allstate

$1,479

North Dakota

State Farm

$2,482

North Dakota

Farmers

$2,533

Ohio

Farmers

$1,281

Ohio

Allstate

$1,358

Ohio

Nationwide

$1,462

Ohio

State Farm

$1,612

Ohio

Travelers

$4,808

Oklahoma

Allstate

$3,893

Oklahoma

State Farm

$4,987

Oklahoma

Farmers

$7,438

Oregon

Nationwide

$797

Oregon

Farmers

$941

Oregon

State Farm

$1,121

Oregon

Allstate

$1,150

Pennsylvania

Allstate

$817

Pennsylvania

Farmers

$1,119

Pennsylvania

State Farm

$1,134

Pennsylvania

Nationwide

$1,319

Pennsylvania

Travelers

$4,422

Rhode Island

State Farm

$1,188

Rhode Island

Nationwide

$1,443

Rhode Island

Farmers

$1,528

Rhode Island

Allstate

$2,574

South Carolina

State Farm

$1,813

South Carolina

Allstate

$2,488

South Carolina

Nationwide

$3,788

South Carolina

Travelers

$4,362

South Dakota

Allstate

$2,481

South Dakota

Farmers

$2,499

South Dakota

State Farm

$2,605

South Dakota

Nationwide

$3,343

Tennessee

State Farm

$1,977

Tennessee

Allstate

$2,108

Tennessee

Travelers

$6,219

Texas

State Farm

$3,334

Texas

Farmers

$3,379

Texas

Nationwide

$5,255

Utah

Farmers

$633

Utah

State Farm

$1,028

Utah

Nationwide

$1,076

Vermont

Allstate

$769

Vermont

State Farm

$1,022

Vermont

Travelers

$2,092

Virginia

State Farm

$1,201

Virginia

Allstate

$1,484

Virginia

Farmers

$1,644

Virginia

Nationwide

$1,803

Virginia

Travelers

$5,063

Washington

Allstate

$741

Washington

Nationwide

$977

Washington

State Farm

$1,230

West Virginia

Nationwide

$1,444

West Virginia

Allstate

$1,894

West Virginia

State Farm

$1,958

Wisconsin

State Farm

$1,068

Wisconsin

Allstate

$1,085

Wisconsin

Nationwide

$1,134

Wyoming

State Farm

$1,554

Wyoming

Allstate

$2,584

Alabama

State Farm

$4,810

Alabama

Allstate

$5,366

Alabama

Farmers

$5,921

Alabama

Nationwide

$6,879

Alabama

Travelers

$14,897

Alaska

State Farm

$2,746

Alaska

Allstate

$3,024

Arizona

State Farm

$2,138

Arizona

Nationwide

$2,900

Arizona

Allstate

$3,092

Arizona

Farmers

$3,441

Arizona

Travelers

$7,040

Arkansas

State Farm

$3,786

Arkansas

Farmers

$5,586

Arkansas

Allstate

$5,588

Arkansas

Nationwide

$6,733

Arkansas

Travelers

$15,636

California

Allstate

$1,326

California

Travelers

$1,607

California

State Farm

$1,969

California

Nationwide

$2,082

California

Farmers

$2,773

Colorado

State Farm

$4,600

Colorado

Allstate

$5,005

Colorado

Nationwide

$9,147

Colorado

Farmers

$9,540

Connecticut

State Farm

$2,316

Connecticut

Allstate

$2,586

Connecticut

Farmers

$2,761

Connecticut

Travelers

$8,214

Delaware

Travelers

$1,382

Delaware

State Farm

$1,531

Delaware

Nationwide

$2,400

Florida

Nationwide

$6,749

Florida

State Farm

$9,116

Florida

Allstate

$25,698

Georgia

Allstate

$3,097

Georgia

Farmers

$3,740

Georgia

State Farm

$3,940

Georgia

Travelers

$4,039

Georgia

Nationwide

$4,942

Hawaii

Allstate

$802

Hawaii

State Farm

$914

Idaho

Nationwide

$1,795

Idaho

Farmers

$2,490

Idaho

Allstate

$2,970

Idaho

State Farm

$2,978

Illinois

Allstate

$2,131

Illinois

State Farm

$2,447

Illinois

Nationwide

$2,589

Illinois

Farmers

$2,696

Illinois

Travelers

$8,862

Indiana

Allstate

$1,468

Indiana

State Farm

$3,002

Indiana

Farmers

$3,668

Indiana

Nationwide

$3,793

Indiana

Travelers

$9,966

Iowa

Farmers

$2,312

Iowa

State Farm

$2,914

Iowa

Nationwide

$3,218

Iowa

Allstate

$3,913

Kansas

State Farm

$4,117

Kansas

Allstate

$5,240

Kansas

Farmers

$6,360

Kansas

Nationwide

$13,060

Kentucky

State Farm

$3,488

Kentucky

Nationwide

$4,468

Louisiana

State Farm

$4,442

Louisiana

Allstate

$6,193

Maine

State Farm

$1,397

Maine

Farmers

$2,340

Maine

Travelers

$3,122

Maine

Allstate

$3,192

Maryland

Farmers

$2,193

Maryland

State Farm

$2,255

Maryland

Nationwide

$3,020

Maryland

Allstate

$4,019

Maryland

Travelers

$6,095

Massachusetts

Farmers

$1,734

Massachusetts

State Farm

$2,807

Massachusetts

Allstate

$2,888

Massachusetts

Travelers

$5,849

Michigan

State Farm

$2,494

Michigan

Farmers

$3,340

Minnesota

Farmers

$2,854

Minnesota

State Farm

$3,757

Mississippi

State Farm

$5,910

Mississippi

Nationwide

$7,885

Mississippi

Allstate

$11,763

Mississippi

Travelers

$19,083

Missouri

State Farm

$3,442

Missouri

Allstate

$4,636

Missouri

Nationwide

$6,833

Montana

Nationwide

$3,419

Montana

State Farm

$3,708

Montana

Allstate

$3,890

Montana

Farmers

$5,210

Montana

Travelers

$22,900

Nebraska

Allstate

$5,669

Nebraska

Farmers

$6,660

Nebraska

State Farm

$6,749

Nebraska

Nationwide

$9,647

Nebraska

Travelers

$13,706

Nevada

Farmers

$1,698

Nevada

State Farm

$1,977

Nevada

Nationwide

$2,020

New Hampshire

State Farm

$1,539

New Hampshire

Allstate

$1,740

New Hampshire

Nationwide

$2,063

New Hampshire

Farmers

$2,126

New Jersey

State Farm

$1,821

New Jersey

Farmers

$1,886

New Mexico

State Farm

$3,128

New York

Travelers

$1,801

New York

State Farm

$1,983

New York

Nationwide

$2,317

New York

Farmers

$2,711

New York

Allstate

$3,223

North Carolina

State Farm

$1,514

North Carolina

Nationwide

$8,156

North Carolina

Farmers

$8,267

North Dakota

Allstate

$2,940

North Dakota

State Farm

$4,051

North Dakota

Farmers

$5,137

Ohio

Allstate

$2,231

Ohio

Farmers

$2,269

Ohio

Nationwide

$2,583

Ohio

State Farm

$2,626

Ohio

Travelers

$7,129

Oklahoma

Allstate

$6,308

Oklahoma

State Farm

$8,134

Oklahoma

Farmers

$12,501

Oregon

Nationwide

$1,400

Oregon

Farmers

$1,775

Oregon

Allstate

$1,778

Oregon

State Farm

$1,824

Pennsylvania

Allstate

$1,080

Pennsylvania

State Farm

$1,841

Pennsylvania

Farmers

$2,156

Pennsylvania

Nationwide

$2,590

Pennsylvania

Travelers

$6,605

Rhode Island

State Farm

$1,990

Rhode Island

Nationwide

$2,682

Rhode Island

Farmers

$3,696

Rhode Island

Allstate

$4,030

South Carolina

State Farm

$2,973

South Carolina

Allstate

$4,611

South Carolina

Travelers

$6,076

South Carolina

Nationwide

$7,216

South Dakota

Farmers

$4,218

South Dakota

State Farm

$4,250

South Dakota

Allstate

$4,877

South Dakota

Nationwide

$5,928

Tennessee

Allstate

$3,215

Tennessee

State Farm

$3,223

Tennessee

Travelers

$8,949

Texas

State Farm

$5,227

Texas

Farmers

$5,802

Texas

Nationwide

$9,313

Utah

Farmers

$1,193

Utah

State Farm

$1,537

Utah

Nationwide

$1,951

Vermont

Allstate

$1,220

Vermont

State Farm

$1,661

Vermont

Travelers

$3,212

Virginia

State Farm

$1,948

Virginia

Allstate

$2,337

Virginia

Nationwide

$3,240

Virginia

Farmers

$3,299

Virginia

Travelers

$7,485

Washington

Allstate

$919

Washington

Nationwide

$1,478

Washington

State Farm

$2,175

West Virginia

Nationwide

$2,740

West Virginia

State Farm

$3,189

West Virginia

Allstate

$3,200

Wisconsin

Allstate

$1,646

Wisconsin

State Farm

$1,744

Wisconsin

Nationwide

$2,184

Wyoming

State Farm

$3,311

Wyoming

Allstate

$5,089

Alabama

State Farm

$6,661

Alabama

Allstate

$7,760

Alabama

Farmers

$9,338

Alabama

Nationwide

$10,132

Alabama

Travelers

$21,038

Alaska

State Farm

$3,784

Alaska

Allstate

$4,170

Arizona

State Farm

$2,949

Arizona

Allstate

$4,269

Arizona

Nationwide

$4,351

Arizona

Farmers

$4,592

Arizona

Travelers

$9,534

Arkansas

State Farm

$5,210

Arkansas

Farmers

$7,584

Arkansas

Allstate

$7,606

Arkansas

Nationwide

$10,032

Arkansas

Travelers

$22,092

California

Allstate

$1,947

California

Travelers

$2,448

California

State Farm

$2,842

California

Nationwide

$3,149

California

Farmers

$4,413

Colorado

Allstate

$6,125

Colorado

State Farm

$6,509

Colorado

Farmers

$11,168

Colorado

Nationwide

$12,750

Connecticut

State Farm

$3,204

Connecticut

Allstate

$4,089

Connecticut

Farmers

$4,357

Connecticut

Travelers

$11,134

Delaware

Travelers

$2,035

Delaware

State Farm

$2,141

Delaware

Nationwide

$4,279

Florida

Nationwide

$9,895

Florida

State Farm

$12,753

Florida

Allstate

$38,644

Georgia

Allstate

$4,539

Georgia

Farmers

$5,415

Georgia

State Farm

$5,423

Georgia

Travelers

$6,056

Georgia

Nationwide

$7,867

Hawaii

Allstate

$1,223

Hawaii

State Farm

$1,392

Idaho

Nationwide

$2,655

Idaho

Allstate

$3,708

Idaho

Farmers

$3,870

Idaho

State Farm

$4,016

Illinois

Allstate

$2,823

Illinois

Farmers

$3,441

Illinois

State Farm

$3,461

Illinois

Nationwide

$3,714

Illinois

Travelers

$11,713

Indiana

Allstate

$1,999

Indiana

State Farm

$4,139

Indiana

Farmers

$5,067

Indiana

Nationwide

$5,462

Indiana

Travelers

$13,071

Iowa

Farmers

$3,201

Iowa

State Farm

$4,017

Iowa

Nationwide

$4,656

Iowa

Allstate

$5,085

Kansas

State Farm

$5,669

Kansas

Allstate

$6,794

Kansas

Farmers

$7,925

Kansas

Nationwide

$18,606

Kentucky

State Farm

$4,804

Kentucky

Nationwide

$7,283

Louisiana

State Farm

$6,120

Louisiana

Allstate

$8,933

Maine

State Farm

$1,932

Maine

Farmers

$3,587

Maine

Travelers

$4,439

Maine

Allstate

$4,456

Maryland

State Farm

$3,110

Maryland

Farmers

$3,426

Maryland

Nationwide

$4,160

Maryland

Allstate

$5,652

Maryland

Travelers

$8,682

Massachusetts

Farmers

$2,414

Massachusetts

Allstate

$3,847

Massachusetts

State Farm

$4,523

Massachusetts

Travelers

$8,177

Michigan

State Farm

$3,436

Michigan

Farmers

$4,980

Minnesota

Farmers

$3,449

Minnesota

State Farm

$5,317

Mississippi

State Farm

$8,114

Mississippi

Nationwide

$11,854

Mississippi

Allstate

$17,456

Mississippi

Travelers

$26,834

Missouri

State Farm

$4,744

Missouri

Allstate

$6,190

Missouri

Nationwide

$9,850

Montana

Allstate

$4,994

Montana

State Farm

$5,110

Montana

Nationwide

$5,208

Montana

Farmers

$6,494

Montana

Travelers

$28,659

Nebraska

Allstate

$6,965

Nebraska

Farmers

$8,050

Nebraska

State Farm

$9,294

Nebraska

Nationwide

$13,520

Nebraska

Travelers

$17,650

Nevada

Farmers

$2,354

Nevada

State Farm

$2,797

Nevada

Nationwide

$3,033

New Hampshire

State Farm

$2,124

New Hampshire

Allstate

$2,356

New Hampshire

Nationwide

$3,089

New Hampshire

Farmers

$3,324

New Jersey

State Farm

$2,514

New Jersey

Farmers

$2,574

New Mexico

State Farm

$4,084

New York

Travelers

$2,683

New York

State Farm

$3,129

New York

Nationwide

$3,513

New York

Allstate

$4,210

New York

Farmers

$4,430

North Carolina

State Farm

$2,009

North Carolina

Farmers

$12,452

North Carolina

Nationwide

$12,518

North Dakota

Allstate

$4,056

North Dakota

State Farm

$5,581

North Dakota

Farmers

$7,812

Ohio

Allstate

$3,197

Ohio

Farmers

$3,336

Ohio

State Farm

$3,617

Ohio

Nationwide

$3,700

Ohio

Travelers

$9,758

Oklahoma

Allstate

$9,057

Oklahoma

State Farm

$11,195

Oklahoma

Farmers

$16,014

Oregon

Nationwide

$2,066

Oregon

State Farm

$2,514

Oregon

Allstate

$2,558

Oregon

Farmers

$2,652

Pennsylvania

Allstate

$1,388

Pennsylvania

State Farm

$2,538

Pennsylvania

Farmers

$3,091

Pennsylvania

Nationwide

$4,210

Pennsylvania

Travelers

$9,177

Rhode Island

State Farm

$2,756

Rhode Island

Nationwide

$4,062

Rhode Island

Allstate

$5,848

Rhode Island

Farmers

$6,199

South Carolina

State Farm

$4,088

South Carolina

Allstate

$6,835

South Carolina

Travelers

$8,443

South Carolina

Nationwide

$10,667

South Dakota

Farmers

$5,104

South Dakota

State Farm

$5,853

South Dakota

Allstate

$6,645

South Dakota

Nationwide

$8,332

Tennessee

State Farm

$4,437

Tennessee

Allstate

$4,504

Tennessee

Travelers

$11,740

Texas

State Farm

$7,391

Texas

Farmers

$7,467

Texas

Nationwide

$13,214

Utah

Farmers

$1,723

Utah

State Farm

$2,071

Utah

Nationwide

$2,883

Vermont

Allstate

$1,558

Vermont

State Farm

$2,292

Vermont

Travelers

$4,593

Virginia

State Farm

$2,672

Virginia

Allstate

$3,319

Virginia

Nationwide

$4,622

Virginia

Farmers

$5,126

Virginia

Travelers

$10,422

Washington

Allstate

$1,245

Washington

Nationwide

$2,001

Washington

State Farm

$3,076

West Virginia

Nationwide

$4,193

West Virginia

State Farm

$4,394

West Virginia

Allstate

$4,609

Wisconsin

Allstate

$2,291

Wisconsin

State Farm

$2,412

Wisconsin

Nationwide

$3,853

Wyoming

State Farm

$5,034

Wyoming

Allstate

$6,971

Cheapest Home Insurance for Seniors by Home Age and Type

For seniors living in homes they've cherished for decades, particularly those constructed around the year 2000, State Farm is the most budget-friendly option, averaging $85 per month. However, if you’ve recently moved homes, Nationwide may be a more economical choice, with premiums averaging at $42 per month.

Besides the age of your home, the type of roof and construction method also play a crucial role in determining premiums. For instance, tile roofs, known for their fire resistance, might be a safer bet than shake-treated ones, as they are more susceptible to breakage. On the construction front, frame homes might pose a higher fire risk, while masonry construction offers robust windstorm protection. These factors, intertwined with the age of your home, affect the likelihood of claims, leading insurers to adjust premiums accordingly.

To pinpoint the most cost-effective home insurance provider that aligns with your needs, utilize the table below to filter based on your home's age, frame type, roof type and desired dwelling coverage.

Home Type
Roof Type
Cheapest Company
Annual Premium

Frame

Composition

State Farm

$1,026

Frame

Composition

Nationwide

$503

Frame

Shake-Treated

State Farm

$1,039

Frame

Shake-Treated

Nationwide

$554

Frame

Tile

Farmers

$857

Frame

Tile

Nationwide

$432

Masonry

Composition

State Farm

$923

Masonry

Composition

Nationwide

$472

Masonry

Shake-Treated

State Farm

$929

Masonry

Shake-Treated

Nationwide

$518

Masonry

Tile

Farmers

$863

Masonry

Tile

Nationwide

$404

Superior

Composition

State Farm

$781

Superior

Composition

State Farm

$448

Superior

Shake-Treated

State Farm

$786

Superior

Shake-Treated

State Farm

$451

Superior

Tile

State Farm

$781

Superior

Tile

Nationwide

$386

Frame

Composition

State Farm

$5,507

Frame

Composition

State Farm

$3,133

Frame

Shake-Treated

State Farm

$5,582

Frame

Shake-Treated

State Farm

$3,174

Frame

Tile

Farmers

$5,324

Frame

Tile

Nationwide

$2,788

Masonry

Composition

State Farm

$4,951

Masonry

Composition

State Farm

$2,819

Masonry

Shake-Treated

State Farm

$4,981

Masonry

Shake-Treated

State Farm

$2,837

Masonry

Tile

State Farm

$4,951

Masonry

Tile

Nationwide

$2,595

Superior

Composition

State Farm

$4,177

Superior

Composition

State Farm

$2,386

Superior

Shake-Treated

State Farm

$4,204

Superior

Shake-Treated

State Farm

$2,401

Superior

Tile

State Farm

$4,177

Superior

Tile

State Farm

$2,386

Frame

Composition

State Farm

$1,895

Frame

Composition

Nationwide

$892

Frame

Shake-Treated

State Farm

$1,920

Frame

Shake-Treated

Nationwide

$979

Frame

Tile

Farmers

$1,532

Frame

Tile

Nationwide

$768

Masonry

Composition

State Farm

$1,705

Masonry

Composition

Nationwide

$834

Masonry

Shake-Treated

State Farm

$1,715

Masonry

Shake-Treated

Nationwide

$913

Masonry

Tile

Farmers

$1,525

Masonry

Tile

Nationwide

$717

Superior

Composition

State Farm

$1,441

Superior

Composition

Nationwide

$802

Superior

Shake-Treated

State Farm

$1,450

Superior

Shake-Treated

State Farm

$831

Superior

Tile

State Farm

$1,441

Superior

Tile

Nationwide

$685

Frame

Composition

State Farm

$3,126

Frame

Composition

Nationwide

$1,608

Frame

Shake-Treated

State Farm

$3,168

Frame

Shake-Treated

Nationwide

$1,763

Frame

Tile

Farmers

$2,886

Frame

Tile

Nationwide

$1,398

Masonry

Composition

State Farm

$2,812

Masonry

Composition

Nationwide

$1,504

Masonry

Shake-Treated

State Farm

$2,830

Masonry

Shake-Treated

State Farm

$1,615

Masonry

Tile

State Farm

$2,812

Masonry

Tile

Nationwide

$1,303

Superior

Composition

State Farm

$2,375

Superior

Composition

State Farm

$1,358

Superior

Shake-Treated

State Farm

$2,390

Superior

Shake-Treated

State Farm

$1,367

Superior

Tile

State Farm

$2,375

Superior

Tile

Nationwide

$1,240

Frame

Composition

State Farm

$4,353

Frame

Composition

Nationwide

$2,392

Frame

Shake-Treated

State Farm

$4,411

Frame

Shake-Treated

State Farm

$2,512

Frame

Tile

Farmers

$4,130

Frame

Tile

Nationwide

$2,088

Masonry

Composition

State Farm

$3,917

Masonry

Composition

Nationwide

$2,232

Masonry

Shake-Treated

State Farm

$3,940

Masonry

Shake-Treated

State Farm

$2,247

Masonry

Tile

State Farm

$3,917

Masonry

Tile

Nationwide

$1,945

Superior

Composition

State Farm

$3,306

Superior

Composition

State Farm

$1,890

Superior

Shake-Treated

State Farm

$3,326

Superior

Shake-Treated

State Farm

$1,902

Superior

Tile

State Farm

$3,306

Superior

Tile

Nationwide

$1,849

Home Insurance Discounts Seniors Can Qualify For

Securing a good home insurance policy is essential, especially for seniors who may have unique needs or budget considerations. There are several home insurance discounts specifically tailored to meet the circumstances and needs of seniors.

  • Senior Discount: This is a discount for seniors who reach a certain age. Age can vary by provider.
  • Claims Free: Seniors who have remained claims-free in the past five years may get a discount.
  • Bundling: Most home insurance providers offer discounts if you choose to bundle home insurance with another insurance type, such as auto insurance, health insurance, or life insurance. Seniors can find the best home insurance bundles just by shopping around.
  • Protective Device: Homes with protective devices installed, such as fire or burglar alarms, can often qualify seniors for a discount.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.


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