The average cost of home insurance for a $150,000 home is $292 a month for $250,000 in dwelling coverage. Actual rates can vary based on coverage limits, deductible amount, insurance company and location. See how home insurance premiums vary in MoneyGeek’s table.
How Much Does Home Insurance Cost for a $150,000 House?
Updated: October 13, 2025
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Key Takeaways
If your home costs $150,000 to rebuild, a policy with $250,000 in dwelling coverage costs an average of $292 a month.
AIG Insurance has the most affordable home insurance for a $150,000 house, costing an average of $91 monthly for 250/125/200 limits.
Opting for slightly higher coverage can ensure your home is adequately protected even after upgrades or additions, but this can increase premiums.
What Is the Average Homeowners Insurance Cost for a $150,000 House?
| $100K Dwelling / $50K Personal Property / $100K Liability | $1,848 | $154 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $3,503 | $292 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $5,939 | $495 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $8,401 | $700 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $10,792 | $899 |
*Note: The above limits use a $1,000 deductible and are what insurers commonly offer. Some providers may offer in-between limits upon request. For instance, if you need $180,000 in coverage, you might be able to ask your insurer.
Average Cost of Homeowners Insurance on a $150,000 House by Company
Rates for homeowners insurance vary widely by company. AIG Insurance offers the cheapest option at an average of $1,090 yearly, while Travelers has the most expensive at $6,848 yearly. Use Moneygeek’s table to see how premiums differ by providers based on your chosen coverage and deductible.
Data filtered by:
$250K Dwelling
$1,000
| AIG Insurance | $91 | $1,090 |
| Amica | $119 | $1,428 |
| CSAA | $126 | $1,514 |
| AAA | $135 | $1,623 |
| American Modern | $174 | $2,089 |
| USAA | $186 | $2,233 |
| Farmers | $188 | $2,251 |
| Allstate | $198 | $2,381 |
| Homesite | $210 | $2,525 |
| Nationwide | $287 | $3,441 |
| Chubb | $369 | $4,431 |
| Progressive | $454 | $5,445 |
| Travelers | $571 | $6,848 |
MONEYGEEK EXPERT TIP
Costs differ because insurers use their own risk assessments, claims histories and coverage options. Compare home insurance providers to find the best and most affordable coverage.
Average Cost of Homeowners Insurance on a $150,000 House by State
Where you live affects your homeowners insurance costs. This happens because of geographic risks, climate patterns and local factors. The table below shows how premiums change by location.
Data filtered by:
Alabama
$1,000
| $100K Dwelling / $50K Personal Property / $100K Liability | $230 | $2,754 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $386 | $4,637 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $614 | $7,366 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $865 | $10,376 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $1,151 | $13,812 |
Average Cost of Homeowners Insurance on a $150,000 House by City
Beyond state, home insurance rates for a $150,000 home can change by city.
Data filtered by:
Alabama
$100K Dwelling / $50K Personal Property / $100K Liability
$1,000
| Birmingham | $206 | $2,474 | -10% |
| Chunchula | $294 | $3,533 | 28% |
| Huntsville | $198 | $2,378 | -14% |
| Mobile | $320 | $3,835 | 39% |
| Montgomery | $184 | $2,208 | -20% |
| Phenix City | $186 | $2,230 | -19% |
| Rainsville | $228 | $2,742 | 0% |
Compare Homeowners Insurance Quotes for a $150K House
Comparing quotes from multiple home insurance companies will help you estimate your policy costs accurately. Use our home insurance calculator below to get quick quotes based on where you live and your desired coverages.
Home Insurance
Calculator
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
$220
High
$144
Average
$104
Low
Rates updated:
Oct 23, 2025
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Factors That Affect Homeowners Insurance Premiums for a $150K House
Home insurance costs depend on many factors specific to your property. Understanding these can help you choose the right coverage. Key factors include:
Location
Your home's location strongly affects your insurance rates. Areas with a high risk of natural disasters or crime may have higher premiums, while safer areas often have lower costs.
Discounts
Having security systems, multiple policies with the same insurer or being claims-free for a certain period can make you eligible for discounts that can help reduce your insurance costs.
Claims History
A history of claims on your property can affect your premiums. Homes with frequent claims may be considered risks, leading to more expensive insurance costs.
Credit Score
Some states allow insurers to use your credit score to set rates. A lower score may lead to higher premiums.
Coverage Limits and Deductibles
Your coverage amount and deductible choices affect your costs. Higher coverage limits or lower deductibles usually increase premiums, while lower coverage limits or higher deductibles reduce costs.
Personal Information
Details such as your age, marital status and whether you have pets can also influence your insurance rates, as they can indicate risks.
How Much Coverage Do You Need for a $150,000 Home?
Home insurance often includes dwelling coverage, personal property coverage, liability protection and additional living expenses if your home becomes uninhabitable.
How much home insurance you need should be based on the cost to rebuild your home and replace your belongings after a covered peril. It should not be based on the market value of your home.
This means if your home costs $150,000 to rebuild, getting $250,000 in coverage will be enough. However, if your home’s market value is $150,000, you may need a professional to determine your rebuild costs.
Determining Dwelling Coverage
Estimate the cost to rebuild your home by considering square footage, local construction costs and special features. Avoid using market value as it may not reflect actual rebuild expenses.
Determining Personal Property Coverage
Take inventory of your belongings and estimate the replacement cost of furniture, appliances, clothing and valuables. Many policies set this at 50% to 70% of your dwelling coverage, but you can adjust if your possessions are worth more.
Determining Personal Liability Coverage
Consider your assets and potential legal risks, such as injuries on your property or damage you may cause to others. A common starting point is $100,000, but many homeowners increase it to $300,000 or more for added protection.
MONEYGEEK EXPERT TIP
While getting exactly $150,000 in coverage might be tempting, getting higher coverage is best to account for potential upgrades and increased material expenses. However, higher limits can result in higher premiums.
Cost of Home Insurance on a $150K House: Bottom Line
The average cost of homeowners insurance for a $150,000 house is about $292 per month, or $3,503 annually, based on $250,000 in dwelling coverage. Actual rates vary depending on your location, deductible, coverage limits and insurer.
Among major providers, AIG offers the lowest average rate at $91 per month, while others charge higher premiums. To find the best value, it’s important to compare quotes and balance affordability with adequate protection.
Home Insurance Rates on a $150K House: FAQ
We answer frequently asked questions below to help you find the right policy for your $150,000 house.
How much is homeowners insurance on a $150,000 house?
The average cost of insuring a $150,000 house is $3,503 annually. This estimate is based on a policy with $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and a $1,000 deductible. Changing any of these limits will affect rates.
How much coverage should you get for a $150,000 house?
The coverage amount you need depends on your situation. While you can buy a policy with exactly $150,000 in coverage, opting for slightly higher limits ensures your home remains covered even after renovations or additions. Evaluate your needs properly by understanding how rates can change based on your coverage choices, insurers, deductibles and location.
What factors affect home insurance costs for a $150,000 house?
Various factors affect home insurance premiums. Insurers often consider the coverage limits, deductibles, location, claims history, credit score and applicable discounts to determine rates.
Average Home Insurance Costs for a $150,000 House: Our Ratings Methodology
Why Trust MoneyGeek?
MoneyGeek analyzed quotes from many insurers across the U.S. using a profile of an average homeowner. By looking at different locations and companies, we provide reliable estimates of what homeowners might pay, showing why comparing rates matters.
Methodology
MoneyGeek evaluated homeowners insurance carriers, incorporating insights and premiums from the official databases of Quadrant Information Services.
Homeowner Profile
For our analysis, we created a sample homeowner profile with the following characteristics:
- Good credit score (769 to 792)
- Home constructed in 2000
- Wood-frame construction
- Composite shingle roof
Homeowners Insurance Coverage Details
Unless otherwise specified, we used the following coverage limits to collect quotes for our comparison:
- $250,000 in dwelling coverage
- $125,000 in personal property coverage
- $200,000 in personal liability coverage
- $1,000 deductible
We also compiled data for policies with broader coverage to determine the best companies for insuring expensive homes, upping limits to $1 million in dwelling coverage, $500,000 in personal property coverage and $1 million in liability coverage.
Insurance Rates for a $150K House: Related Pages
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like 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.