Cheap Home Insurance

Finding High Quality But Cheap Home Insurance

(The best way to protect your humble abode)

Sara East | June 20, 2019
Facade of home with manicured lawn, landscaping, and backdrop of trees and dark blue sky.

Whether you’ve just purchased a new home or are doing some clean-up of your current home insurance policy, you’re feeling the financial effects of owning property. You’re ready to save some money where you can, and we’re here to help.

While home insurance rates are increasing across the country, our independent insurance agents are patiently waiting to use their insurance-finding superpowers to protect your humble abode without sacrificing the benefits you need in your policy.  

Which states have seen the biggest increases in home insurance rates?

Home insurance rates in the U.S.
RankState2007 Premium2018 Premium% Increase$ Increase
1Oklahoma$1,054$1,87578%$821
2Kansas$904$1,54871%$644
3Colorado$826$1,44675%$620
4Nebraska$807$1,40274%$595
5Arkansas$762$1,34877%$586
6Louisiana$1,400$1,96741%$567
7Missouri$726$1,28076%$554
8Rhode Island$950$1,49657%$546
9Minnesota$800$1,34068%$540
10Connecticut$929$1,45557%$526
11Kentucky$578$1,08588%$507
12South Dakota$618$1,12582%$507
13Mississippi$1,019$1,52550%$506
14Texas$1,448$1,93734%$489
15Alabama$905$1,38653%$481
16South Carolina$808$1,28559%$477
17Georgia$724$1,20066%$476
18North Dakota$771$1,23961%$468
19Wyoming$656$1,12071%$464
20Tennessee$723$1,18564%$462
21Montana$700$1,13061%$430
22Massachusetts$1,023$1,45142%$428
23North Carolina$674$1,09863%$424
24New Jersey$776$1,17451%$398
25Florida$1,534$1,91825%$384
26New York$936$1,30940%$373
27Indiana$647$1,00355%$356
28Illinois$700$1,04249%$342
29Iowa$610$94555%$335
30Maryland$692$1,02248%$330
31New Mexico$667$99649%$329
32Washington$506$82262%$316
33Ohio$540$85057%$310
34Virginia$683$96641%$283
35Idaho$422$70367%$281
36Wisconsin$491$76255%$271
37West Virginia$646$91742%$271
38Maine$596$86645%$270
39New Hampshire$699$96538%$266
40Delaware$559$81646%$257
41Pennsylvania$689$92735%$238
42Michigan$721$95232%$231
43Vermont$704$89828%$194
44Hawaii$850$1,02621%$176
45Arizona$634$80327%$169
46Oregon$496$65933%$163
47Utah$505$66431%$159
48D.C.$1,089$1,22512%$136
49Alaska$861$97413%$113
50California$925$1,0008%$75
51Nevada$695$7427%$47

Why Cheaper Is Never Better

Going cheap can go south quickly, so tread lightly when trying to penny-pinch on your home insurance policy. The last thing you want to do is underinsure your home and end up with a hole in your wall that's never being replaced.

But don’t give up on your money-saving dreams. We’re not here to tell you it’s not possible to get cheap home insurance, we’re here to show you how to save money on your policy and still get everything you need to protect your precious sanctuary.

The 5 Best Cheap Homeowners Insurance Companies

I want the best company for...Company
Best Company RatingAmica
Best for New HomeownersAllstate
Most Personalized QuotesState Farm
Extended EndorsementsProgressive
Best Replacement CoverageMetLife

Source:  https://www.reviews.com/homeowners-insurance/cheap/

How Can I Save Money on My Home Insurance?

Finding the available discounts in a home insurance policy is like finding a needle in a haystack. You know it’s in there, but you’ll never see it. 

Most of the ways to find cheap home insurance will not be spelled out in your policy. However, that doesn’t mean they don’t exist. Here are some super-secret ways to bring your home insurance premium down.

  • Double-check the replacement cost of your home property: Your current homeowners insurance company may not be properly valuing your home. If your policy is insuring a $500,000 home but yours is actually only worth $300,000, you could be wasting thousands of dollars.
  • Check in with your agent every year: Insurance agents may not be checking in on your policy every year, so it’s okay to give them a little nudge to see if anything’s changed that can save you money.
  • Clean out dangerous items: Trampolines, fire hazards, wood-burning stoves, and even the breed of your dog can increase your premium. 
  • Enhance your safety features: Installing sprinkler systems or burglar alarms and having a high-quality roof can lower your premium.
  • Bundle up: Insurance companies love to bundle your insurance. It gives them more business and saves you money. 
  • Understand your policy: If you live in a state that never gets tornadoes, then you don’t need tornado insurance. Make sure you fully understand what’s in your policy so you know you’re only paying for what you need.
  • Buy a new home: New homes qualify for a new home discount.

What’s So Great about an Independent Insurance Agent?

Picture a personal shopper who understands every aspect of your body, knows how to accentuate your good parts and tuck away those not so great parts, and sends you out into the world feeling like a rock star every day. Yep, that’s what an independent insurance agent is like. They get to know you inside and out. They shop the best policies and present you with the perfect option for you. They’ve got a magnifying glass on your needle and will find it in the haystack, every time. 

The Scoop on Home Insurance Quotes Online

Our independent insurance agents are also just one click away, and then you’re having a conversation with a real person who is ready to find a home insurance policy that fits your wallet and your home. 

Continuing Your Insurance Search

Now that you’ve got the skinny on how to find affordable home insurance that doesn’t skimp on the stuff you need to actually protect your home, you can fly out into the real world. 

Free up our home insurance seeker and float your way into the arms of an independent agent to discover the best cheap home insurance options for you.

TrustedChoice.com Article | Reviewed by Paul Martin
Sources © 2019, Consumer Agent Portal, LLC. All rights reserved.

Cost stats taken from NAIC annual insurance report

© 2019, Consumer Agent Portal, LLC. All rights reserved.

Now, who's ready to get their insurance problems solved?