Average Homeowners Insurance Rates in the United States
If you haven't been watching, homeowners insurance rates have been on the increase. Over the past 5 years alone, average home insurance rates have increased over 24.57%. If you are purchasing a new home or curious about more affordable home insurance rates then it's a great idea to review and compare rates in your area.
Just like you, many are asking: "What's the average cost of homeowners insurance?". For a quick reference, the average home insurance rate for an annual premium based on an HO-3 standard homeowners insurance packaged policy in the United States is $1,311 a year or $109 a month. Our average home insurance data table below explains the average premium increases year over year.
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Average Home Insurance Rates Per Year
| Year | Homeowners Premium | Percent Change |
|---|---|---|
| 2022 | $1,569 / yr. | 11.2% |
| 2021 | $1,411 | 7.6% |
| 2020 | $1,311 | 3.1% |
| 2019 | $1,272 | 1.8% |
| 2018 | $1,249 | 3.1% |
| 2017 | $1,211 | 1.6% |
| 2016 | $1,192 | 1.6% |
| 2015 | $1,173 | 3.6% |
| 2014 | $1,132 | 3.3% |
| 2013 | $1,096 | 5.9% |
| 2012 | $1,034 | 5.6% |
| 2011 | $979 | 7.7% |
| 2010 | $909 | 3.3% |
| 2009 | $880 | 6.0% |
| 2008 | $830 | 1.0% |
| 2007 | $822 | 2.2% |
| 2006 | $804 | 5.2% |
| 2005 | $764 | 4.8% |
| 2004 | $729 | 9.1% |