Estimate your annual homeowners insurance premium based on home value, construction, roof type, state, and deductible.
Annual Premium = Home Value x 0.5% (base rate)
x Year built (Pre-1970: 1.30 / 2010+: 0.90)
x Roof type (Slate: 0.85 - Flat/Other: 1.15)
x Construction (Stone: 0.90 - Wood Frame: 1.10)
x Square footage (Under 1,000: 0.80 - Over 3,500: 1.35)
x Fire station dist. (Under 1 mi: 0.90 - Over 5 mi: 1.20)
x Pool/trampoline (+8% if Yes)
x Security system (-5% if Yes)
x Deductible ($500: 1.10 - $5,000: 0.78)
x State multiplier (FL: 1.90 / LA: 1.80 / TX: 1.50 / most: 1.0)
Range = Estimate x 0.82 to Estimate x 1.18
What Affects Home Insurance Rates?
Standard policies (HO-3) cover your dwelling, personal property, liability, and additional living expenses if you can't live in your home after a covered event. Floods and earthquakes are typically NOT covered.
You need at least enough dwelling coverage to fully rebuild your home at current construction costs. Personal property coverage is typically 50-70% of dwelling coverage.
It's not legally required by state law, but virtually all mortgage lenders require it as a condition of your loan.
Florida faces high hurricane risk and severe litigation rates, making it the most expensive state for homeowners insurance.
Bundle with your auto insurance, install a security system, raise your deductible, update your roof, and shop quotes every 2-3 years.
Home value and rebuild cost. Homeowners insurance is priced on the cost to rebuild, not the market price or land value. Enter your dwelling's replacement cost, which can differ substantially from what you paid.
Location and construction. Your state, local catastrophe risk (wind, hail, wildfire), and the home's age and construction type drive the premium. Older roofs and homes in high-risk zones estimate higher.
Coverage and deductible. Higher dwelling and liability limits raise the premium; a higher deductible lowers it. The estimate reflects the trade-off between monthly cost and out-of-pocket risk at claim time.
The monthly range reflects how widely home insurance is priced by region and property. The low end suits a newer, low-risk home with a higher deductible; the high end reflects older construction, catastrophe exposure, or richer coverage. Because a single large claim can dwarf years of premium, weigh the deductible against what you could comfortably pay after a loss, not just the monthly saving.
This is an educational estimate, not a quote or a binder of coverage. It does not price flood or earthquake, which require separate policies, and it cannot see carrier-specific discounts, roof-age rules, or claims history. Replacement-cost estimates here are a starting point; a professional rebuild-cost estimate is more precise. Compare real quotes from licensed insurers before buying.
No. Standard home insurance excludes flood damage, which requires a separate policy through the National Flood Insurance Program or a private flood insurer. Earthquake coverage is also typically separate.
Replacement cost is what it takes to rebuild your home; market value includes land and location. Your dwelling coverage should track replacement cost, which is often different from your purchase price.
Raising your deductible, improving your roof, bundling with auto, and maintaining good credit where allowed can all reduce your premium. Shop quotes every year or two.
Interpret a real quote with reading a home insurance estimate, understand deductibles in home insurance deductibles, learn the gaps in what home insurance does not cover, and save with how to lower home insurance. Check your rebuild figure with the home replacement cost calculator.
Premium estimates use a baseline of 0.5% of home value per year, adjusted by state multiplier, roof age, construction type, deductible, security features, pool presence, and fire station proximity. Multipliers are derived from NAIC rate filing averages and Insurance Information Institute property insurance data. Rates reviewed June 2026.
Data sources: