2025 Home Insurance Calculator

Whether you’re insuring a new home or looking to switch carriers, estimating your homeowners insurance cost can make it easier to find coverage that fits into your budget. Use the calculator below to quickly get a range of estimates.

How to Use Our Homeowners Insurance Calculator

We need a little information about you and your home to calculate the estimated cost of coverage:

• Your address: Entering your home’s address allows us to find specifics about your home — including the year it was built and its square footage — that affect coverage price.
• Credit score: Toggle your credit score between Poor, Fair, Good, and Excellent to see how your credit may impact your cost of coverage.
• Year built: You can manually adjust the year your home was built if needed.
• Square feet: Likewise, you can manually adjust the square footage.

After entering the necessary information into the calculator, we’ll calculate three estimates, ranging from lowest to highest costs. It’s important to understand that these are only estimates — receiving a more accurate quote will require you to answer a few more questions about your home and desired coverage levels.

Average Cost of Homeowners Insurance

The average cost of homeowners insurance in 2024 was $2,377 (just under $200 a month) according to a report conducted by the National Association of Realtors.

Of course, these costs can vary significantly depending on both the state and broader region in which you live. In Hawaii, for example, the average cost works out to just $62 per month — less than a third of the national average. And in Florida the average is $554 per month — about 275% higher.

Costs can also vary significantly depending on exactly how much coverage you purchase, with higher coverage amounts logically costing more than lower coverage amounts. In 2024, purchasing $200,000-$300,000 worth of dwelling coverage cost an average of $172 per month or $2,058 per year, while coverage in the $800,000-$900,000 range cost $318 per month or $3,816 per year.

Factors Affecting Home Insurance Costs

The location of your home and the different amounts of coverage you purchase with your policy are just two of the factors used to determine the cost of your policy. Carriers consider a range of other factors, including:

Optional Riders

Most homeowners insurance policies include multiple types of coverage as a baseline, including coverage for your home’s structure, other structures, your personal property, medical expenses, and liability. But you can also choose to add additional coverage to your policy by purchasing riders, or endorsements, which will typically increase your cost of coverage.

Riders come in two key varieties: those designed to increase your coverage, and those designed to broaden coverage to more types of covered events, including those which may not normally be covered by your policy. Some of the most common riders you might consider include:

• Flood insurance
• Earthquake insurance
• Water backup coverage
• Building code coverage
• Scheduled personal property
• Business property coverage
• Identity theft coverage

Deductible

When you experience a covered event, your homeowners insurance will only kick in once you’ve first paid your out-of-pocket deductible. You’ll have a different deductible for each type of coverage, and it generally applies to each claim.

The higher your deductible, the more you’ll need to pay out of pocket when you submit a claim — but the lower your monthly premiums will typically be. A lower deductible usually means the opposite: You’ll pay less before insurance kicks in to cover a claim, but at the cost of higher premiums.

Square Footage

Many carriers use your home’s square footage as a stand-in to understand its size. With larger homes costing more to insure than smaller homes, the higher your square footage, the more expensive you can expect your premiums to be.

The reason for this is two-fold. On the one hand, larger homes have more attack surface — walls, floors, windows, etc. — that can potentially be damaged or destroyed. If a larger home is destroyed during a covered event, it’ll be more expensive to rebuild than a smaller home.

Age of Your Home

Older homes can be more expensive to insure than newer homes. Many construction materials degrade as they age, increasing the likelihood that a covered event will cause more significant damage to an older home vs. a newer home. Newer homes are also more likely to be built with safety features in place — such as security features, weather resistant features, and newer appliances — that are less common in older homes.

It’s also worth noting that older homes may not be up to code with modern standards or materials. When an older home experiences a covered event requiring a rebuild or repair, that work often needs to be done according to modern code — which is often more expensive than older code.

Home Condition

A home that is in poor condition may be more likely to experience a covered event than a home in good condition — or to experience more significant damage during a covered event. For this reason, home condition is often a large factor not just in determining your premiums, but also in determining whether or not you’ll be able to get coverage at all.

The age and condition of your roof, siding, foundation, and other elements of your home can all work to push your premiums up or down.

Credit Score

Your credit rating impacts what is known as your credit-based insurance score, which is a number used by insurance carriers to determine your likelihood of filing a claim. In most states insurance carriers are allowed to use your credit-based insurance score to help determine your rates. Higher scores indicate a lower likelihood of filing a claim, which usually translates to lower rates.

If you’re thinking about changing carriers, taking steps to improve your credit  (like paying down any debt you carry and staying on top of your payments) can be a relatively easy way to lower your insurance costs.

Past History of Claims

If you have a history of filing claims against your homeowners insurance, it can signal to carriers that you are more likely to file claims again in the future. To mitigate this risk, most carriers will raise your rates to offset the cost of these potential future claims.

Unfortunately, it isn’t just your claims that matter. Seller claims (i.e., from the person you bought your house from) can also lead to higher premiums, making it an important factor to consider when buying a home.

Other Factors

Insurance carriers use many factors to determine your rates, beyond those discussed above. Some other factors which may surprise you include:

• Marital status
• Whether or not you have pets
• Pet breeds (if applicable)
• Your home’s distance from a fire station
• Your home’s distance from water (like the ocean or a lake)
• Attractive nuisances (like swimming pools, trampolines, or other features which could attract children onto your property, where they may be injured)