While Washington homeowners' insurance rates are well below the national average, you could still save hundreds of dollars a year by comparing home insurance companies to see which one offers the best coverage and the cheapest price. This guide to Washington home insurance can help you understand the most popular home insurance providers in Washington and how they set their rates.
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The cheapest home insurance providers in Washington
Crestbrook, which was bought by Nationwide, comes in first for cheapest home insurance rates in Washington, with an average rate of $431 a year. Mutual of Enumclaw is in second place, with an average rate of $596 a year. Pemco has the third-cheapest average rate of $605.
| Company | Annual average rate |
|---|---|
| Allstate | $841 |
| Country Mutual | $1,657 |
| Crestbrook (Nationwide) | $431 |
| Chubb | $1,084 |
| Mutual of Enumclaw | $596 |
| Pemco | $605 |
| State Farm | $972 |
| Travelers | $1,291 |
| Truck Insurance Exchange | $892 |
| USAA | $1,318 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
How much is home insurance in Washington?
The average cost of homeowners insurance in Washington is $81 a month, which is almost half as much as the national average homeowners insurance rate of $159 a month.
Home insurance providers in Washington calculate the final quote they offer you for coverage based on multiple factors, which include:
- The age of your home
- Materials used in construction
- Your ZIP code
- Your insurance claim history
Different companies apply different values to these and other factors involved in your final premium. This can result in you getting very different rates for the same coverage, which is why it's important to compare quotes from multiple companies — to avoid paying more for the same, cheaper coverage elsewhere. The table below shows how your premium can change based on your chosen deductible.
| Deductible | Annual average rate |
|---|---|
| $500 | $1,053 |
| $1,000 | $969 |
| $1,500 | $923 |
| $2,000 | $862 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Your premiums will also vary depending on the dwelling coverage amount you choose. Your dwelling coverage amount should equal the cost of rebuilding your home. The table below shows average annual premiums for dwelling coverage amounts ranging from $200,000 to $500,000.
| Dwelling coverage amount | Annual average rate |
|---|---|
| $200,000 | $805 |
| $275,000 | $969 |
| $350,000 | $1,159 |
| $425,000 | $1,358 |
| $500,000 | $1,575 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Washington's best home insurance companies
Based on our research, we found Nationwide and Allstate to be the best home insurance providers in Washington. Here's why:
Nationwide (Crestbrook): cheapest rates
Nationwide offers the lowest average home insurance rate of $431 a year. That's 56% less than the state average rate of $969 a year. Furthermore, Nationwide has a low NAIC complaint index of 0.49. This index measures the complaints policyholders filed against an insurer with the Department of Insurance. With the average complaint index being 1.0, and with lower ratings being better than higher ones, Nationwide is well under the average.
Allstate: best discounts
Allstate has an average homeowners insurance rate of $841 a year in Washington, which is $128 less than the national average. Furthermore, Allstate offers a variety of discounts that can reduce your annual premium even more. These discounts include:
- Multi-policy discount. You can save up to 25% on your insurance costs if you bundle your home insurance policy with an auto insurance policy with Allstate.
- Claim-free discount. If you switch to Allstate without a recent claim on your home insurance history, you can save up to 20% on your homeowners coverage.
- Early signing discount. You can save up to 10% on your premium if you sign up for a new home insurance policy at least seven days before your current policy expires.
- Easy pay discount. Setting up automatic payments for your home insurance can save you 5%.
- Welcome and loyalty discount. Just switching to Allstate can save you 10% on your home insurance. The discount remains active as long as you have your policy with Allstate.
Chubb: best for high-end homes
If you're looking for extra protection, Chubb is the best choice for insuring high-end homes. Chubb's Masterpiece home insurance plan includes the following coverages:
- If your home needs to be rebuilt after a covered loss, extended replacement cost coverage covers your home even if the cost exceeds your policy limit.
- If your home is completely destroyed from a covered loss, you can choose to get a cash settlement rather than rebuild your home.
- If your personal belongings, furniture or appliances are damaged inside your home, replacement cost coverage will replace all items and will replace upgraded appliances based on the exact or latest model available.
Compare quotes for the cheapest home insurance
How much does home insurance cost in Washington by city?
Among Washington's largest cities, average home insurance rates range from $914 a year in Bellevue to $1,026 a year in Tacoma.
| City | Annual average rate |
|---|---|
| Seattle | $922 |
| Spokane | $972 |
| Tacoma | $1,026 |
| Vancouver | $944 |
| Bellevue | $914 |
| Kent | $960 |
| Everett | $948 |
| Renton | $940 |
| Spokane Valley | $946 |
| Federal Way | $972 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Seattle's cheapest home insurance companies
Nationwide offers the cheapest home insurance in Seattle at $442 a year, followed by Mutual of Enumclaw at $547 a year. The average cost of home insurance in Seattle is $922 a year.
| Company | Annual average rate |
|---|---|
| Allstate | $779 |
| Crestbrook (Nationwide) | $442 |
| Chubb | $1,224 |
| Mutual of Enumclaw | $547 |
| Pemco | $558 |
| State Farm | $891 |
| Truck Insurance Exchange | $787 |
| USAA | $1,281 |
| Travelers | $1,160 |
| Country Mutual | $1,555 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Spokane's cheapest home insurance companies
Nationwide offers the cheapest average rate on home insurance in Spokane at $441 a year, which works out to $130 less per year than the next-best rate, $571 a year, from Mutual of Enumclaw. Both companies' rates are well below the citywide average, $972 a year.
| Company | Annual average rate |
|---|---|
| Allstate | $898 |
| Crestbrook (Nationwide) | $441 |
| Chubb | $784 |
| Mutual of Enumclaw | $571 |
| Pemco | $626 |
| State Farm | $828 |
| Truck Insurance Exchange | $1,097 |
| USAA | $1,278 |
| Travelers | $1,396 |
| Country Mutual | $1,800 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Tacoma cheapest home insurance companies
Nationwide offers the cheapest average rate on home insurance in Tacoma at $439 a year, which is $124 less per year than the next-best rate, $563 a year, from Mutual of Enumclaw. Both companies' rates are below the citywide average of $1,026 a year.
| Company | Annual average rate |
|---|---|
| Allstate | $990 |
| Crestbrook (Nationwide) | $439 |
| Chubb | $1,167 |
| Mutual of Enumclaw | $563 |
| Pemco | $585 |
| State Farm | $988 |
| Truck Insurance Exchange | $969 |
| USAA | $1,319 |
| Travelers | $1,430 |
| Country Mutual | $1,807 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Washington's cheapest home insurance by county
Of the 10 largest counties in Washington, residents pay the cheapest rates for home insurance in Whatcom County at $886 a year, on average. Kitsap County has the second-lowest average rate of $917 a year.
| County | Annual average rate |
|---|---|
| King | $945 |
| Pierce | $1,010 |
| Snohomish | $952 |
| Spokane | $964 |
| Clark | $950 |
| Thurston | $945 |
| Kitsap | $917 |
| Yakima | $1,074 |
| Whatcom | $886 |
| Benton | $1,039 |
| Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary. | |
Frequently asked questions
If you have a mortgage, your lender will require you to obtain homeowners insurance, but Washington state does not mandate coverage. Considering the value of your home, some form of home insurance is highly recommended even if you own your home outright.
The average cost of home insurance in Washington is $969 a year, or $81 a month.
Methodology
We collected quotes from every ZIP code in Washington for a standard HO-3 homeowners insurance policy using the following coverages:
- $275,000 dwelling coverage (unless otherwise noted)
- $27,500 other structures
- $137,500 personal property
- $55,000 loss of use coverage
- $100,000 liability
- $5,000 medical payments
- $1,000 deductible (unless otherwise noted)
Sources:
Home insurance by city
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