5 Best States for Homeowners Insurance in the US

In this article, we will take a look at the 5 best states for homeowners insurance in the US. If you wish to see our detailed analysis, you can go to 15 Best States for Homeowners Insurance in the US.

5. New Jersey

Average Annual Premium: $916

Average Monthly Premium: $76

New Jersey hosts various cheap cities for homeowners insurance such as Middleville, New Providence, and Greendell. The average annual cost of homeowners insurance in the state is $916, as of February.

4. New Hampshire

Average Annual Premium: $843

Average Monthly Premium: $70

As of February, the average home insurance cost per year is only $843 in New Hampshire. Homeowners looking for cheaper rates can consider Nashua, Winchester, and Troy. Hence, the state ranks as one of the best states for homeowners insurance in the US.

3. Delaware

Average Annual Premium: $764

Average Monthly Premium: $64

Delaware boasts an average annual homeowners insurance premium of $764, the third lowest in the country. The state’s insurance costs are also lower than its neighboring states such as New Jersey and Maryland.

2. Vermont

Average Annual Premium: $694

Average Monthly Premium: $58

The average annual cost of homeowners insurance in the state of Vermont is significantly lower than the national average. Cities deemed the most affordable for homeowners insurance in Vermont are Winooski, Huntington, and Hinesburg.

1. Hawaii

Average Annual Premium: $408

Average Monthly Premium: $34

Hawaii ranks at the top of the 15 best states for homeowners insurance in the US. As of February, the state records the lowest average annual cost of homeowners insurance in the country. The monthly premium was recorded at $34.

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