Home insurance calculator
Estimate your annual homeowners insurance premium based on your home's value, age, and location.
Your home insurance estimate
Enter your home details to see an estimated annual premium.
This is an estimate for informational purposes only based on national and state averages. Actual rates vary by insurer and individual circumstances. For an accurate quote, contact a licensed insurance agent.
How home insurance rates are calculated
Home insurance premiums start with your home value and multiply outward from there. Unlike auto insurance, where your personal risk factors dominate, homeowners insurance is heavily weighted toward the property itself and its geographic risk exposure.
Location is the biggest variable
Florida homeowners pay an average of $4,400/year — more than 3x the national average of $1,428. This is not because Florida homes are worth more; it is because hurricane, flood, and storm surge risk make insuring them fundamentally more expensive. Oklahoma and Kansas face tornado and hail risk. California faces wildfire. Your state average reflects this risk concentration.
Home age and construction matter
Homes built before 1970 typically cost 10–20% more to insure due to older electrical systems, plumbing, and materials that are more prone to claims. Masonry construction (brick, stone) is cheaper to insure than wood frame in most markets because it is more fire-resistant. A new roof can lower your premium by 10–15%; a roof over 20 years old raises it.
Deductible and coverage level
Raising your deductible from $1,000 to $2,500 typically saves 10–15%. Upgrading from standard (HO-3) to premium (HO-5) coverage adds 25–30% but provides broader protection, including replacement cost coverage for personal property rather than actual cash value.