Homeowners Insurance Estimator

Estimate homeowners insurance premium by home value, risk level, and deductible.

By Konstantin Iakovlev · Updated April 2026 · Source: CDC

$
Location Risk
Coverage Type

Annual Premium

$1,400.00

Monthly

$116.67

Per $1K Coverage

$4.00

Deductible Comparison

$1,000.00$1,610.00/yr
$2,500.00$1,400.00/yr
$5,000.00$1,260.00/yr
$10,000.00$1,120.00/yr

Use the Homeowners Insurance Estimator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

A homeowners premium turns on a handful of variables, namely the value of the home, the risk it carries, and the deductible you select, and this tool projects an annual figure from those inputs. With property values and reconstruction costs still climbing in 2026, a grounded estimate helps you budget and weigh coverage choices before renewal arrives.

Pricing begins with a base rate set at roughly 0.5% of home value for an average-risk property, then bends that figure by a risk factor that runs from 0.8 for low risk up to 1.5 for high risk, along with a deductible discount that reaches as much as 15% at higher deductibles. To make it concrete, a $250,000 home rated average risk with a $1,000 deductible carries a base premium near $1,250 before those adjustments apply.

Where many homeowners go wrong is pegging coverage to market price rather than the true replacement cost, which can leave a policy short when it matters. Raising the deductible does pull the premium down, but it also shifts more cost onto you at claim time. Pulling quotes from several providers is the way to see how the same home prices out across the market.

Example: Standard Home in a Moderate Risk Zone

  1. 1 Input your home's estimated replacement value (e.g., $350,000), select your risk level (e.g., Moderate), and choose your desired deductible (e.g., $2,500).
  2. 2 The calculator takes the $350,000 home value, applies a moderate risk factor (e.g., 1.1), and then factors in the deductible discount (e.g., 10% for a $2,500 deductible). The base premium of 0.5% of $350,000 is $1,750.
  3. 3 Your estimated annual homeowners insurance premium is displayed (e.g., $1,732.50). This projection helps you budget for this essential protection.
  4. 4 This estimate provides a starting point for your insurance planning. Actual premiums will vary based on specific insurer underwriting, local catastrophes, and additional coverage options you choose, such as flood or earthquake insurance, which are often separate policies.

Source: CDC · Last updated: April 2026

Frequently Asked Questions

How much does homeowners insurance cost per year?
The national average is approximately $1,500-$2,500 per year for a standard policy. Costs vary dramatically by state, home value, and risk factors. Coastal and disaster-prone areas can exceed $5,000 annually.
What does homeowners insurance cover?
Standard policies (HO-3) cover dwelling damage, personal property, liability, and additional living expenses from covered perils like fire, wind, and theft. Floods, earthquakes, and sewer backups typically require separate coverage.
How can I lower my homeowners insurance premium?
Raise your deductible (from $1,000 to $2,500 can save 10-15%), bundle with auto insurance, install security systems, improve your credit score, and shop quotes from multiple carriers every 2-3 years.

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