Popular Questions about Homeowners Insurance in Nevada

On average, American homeowners pay $1,211 a year for their home insurance coverage. However, in Nevada, the average annual premium is much lower at just $737 a year. Shopping around and comparing rates helps you be sure that you are getting the coverage you need at a competitive price.

Homeowners insurance is important because hazards like severe weather, property crimes, and even liability lawsuits can result in expensive losses for Nevada homeowners who are not insured.

Your home insurance policy is designed to cover you against many of the hazards you are likely to face as a property owner in Nevada. Whether you have been impacted by a severe storm or a rash of burglaries, a suitable Nevada homeowners insurance policy can safeguard you from large financial losses.

Let’s look at some of the ways your Nevada homeowners insurance can safeguard you:

  • By paying to repair or replace your home and your belongings
    • Example: A burglar breaks a window to enter your home and makes off with a lot of expensive property including electronics and jewelry. Your home insurance covers the cost to repair the damage and to replace your property once your deductible has been met.
  • By paying for someone else's injuries or property damage when it's your fault
    • ExampleYou plan to have a dead tree removed from your yard, but before you get around to it, the tree falls onto your neighbor’s car and above-ground swimming pool, causing significant damages.
  • By paying for temporary living expenses if your home is severely damaged
    • Example: You cat knocks a candle off a table while you are in another room and it starts a fire that quickly grows out of control. While the fire department manages to put the fire out before the house is fully consumed, there is a significant amount of structural damage due to the firefighting efforts. You must stay in a hotel until the house can be brought to code.

We can’t be 100% certain, but last year, insurance companies spent more than $314 million on home insurance claims in the state of Nevada alone. That's a lot of unfortunate events happening to homeowners in the Silver State.

Insurance companies will calculate your home insurance cost according to how valuable your property is and how likely it is that something bad will happen to it

The higher the probability that a damaging event will affect your property, the more expensive your home insurance policy will be. We call these potential damaging events "risks” or “exposures.”

Let’s take a look at how risky Nevada is compared to the rest of the US.

Crime:

The burglary rate in Nevada is higher than the national rate. The crime rates in the ZIP code in which your house is located can play a large role in how high your premiums are.

  • Average number of burglaries per 1,000 homes in the US: 3.76
  • Average number of burglaries per 1,000 homes in NV: 6.41

Some insurance companies offer policy discounts to homeowners who take preventive measures against theft such as by installing secure locks and home security systems. Learn more about this and other potential discounts by talking to an independent agent.

Weather:

Severe weather events like severe storms and high winds can wreak havoc on residential properties in this state. Be sure that your home insurance provides all the coverage you need before disaster strikes.

  • Number of federally declared disasters in NV since 1953:  96
  • Most common causes of disasters in this state:  Wildfires, floods, and severe storms
  • Average number of tornados per year in Nevada:  1.9
  • Amount paid in home insurance claims in NV in 2016:  $314,146,000

It is important to note that although floods pose a significant risk in this state, flood damage is not covered by homeowners insurance. For that you will need a supplementary flood insurance policy. A local independent insurance agent can help.

Home Values:

The size of your home can affect your home insurance rates since larger homes tend to have more personal property inside them. The estimated cost to rebuild your home plays a large role in how much your home insurance will cost.

In Nevada, the average home value is higher than the national average.

  • Average home value in the US: $188,900
  • Average home value in NV: $258,200

Your home insurance premium costs can see large deviations from the state average depending on where you live and the amount of coverage you need to rebuild your home, 

No single insurance company is “best” for everyone. That is why independent agents compare coverage and rates from multiple companies to find you the policy that is best able to meet your coverage and budgetary needs.

Yes! There are currently 142 independent insurance agencies in Nevada who are ready to help.

These agents are free to work with multiple insurance providers to help you find the coverage you want at the most competitive price. Discover how easy it can be to find the best car insurance policy to meet your coverage and budgetary needs by contacting a local independent insurance agent near you.

How does home insurance work?

Find the Best Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 4.69 per 1,000 homes

National average home value $188,900

National average home insurance cost $1,173 year

CityAvg. home valueBurglaries / 1,000 homesAvg. home value
Carson City$339,226n/a$758
Enterprise$315,889n/a$848
Fernley$208,834n/a$618
Henderson$387,7363.37$812
Las Vegas$299,3877.28$722
North Las Vegas$213,4925.37$621
Pahrump$264,878n/a$642
Paradise$277,126n/a$695
Reno$565,8614.25$914
Sparks$324,1965.57$852
Spring Valley$337,114n/a$758
Summerlin South$691,140n/a$880
Sunrise Manor$207,855n/a$510
Whitney$188,147n/a$544
Winchester$204,350n/a$575
  1. $60
  2. Las Vegas, NV Monthly average home insurance cost
  3. The average monthly cost of home insurance in Las Vegas is $60.
  4. Obviously, your house is not exactly the same as every other house in your ZIP code. While you and your neighbors may face the same crime and weather risks, your homeowners insurance premium is also based on factors like the size and value of your home, the amount of contents coverage you need, your claims history, and the size of your deductible. Your quoted rate for home insurance may therefore be higher or lower than this average.
  5. One of the most common hazards faced by homeowners in Las Vegas is that of property crime. This city, where residents report more than 12,000 burglaries in a typical year, has one of the highest burglaries rates in the state. Fortunately, your home insurance covers against property loss and damage to your house if you are the victim of a property crime like burglary or vandalism.
  6. If your house is broken into, first make sure you and your loved ones are safe and then call the authorities. You will need a copy of the police report when you file your homeowners insurance claim. If needed, your local independent agent can provide assistance throughout the claims process. 


  1. $68
  2. Henderson, NV Monthly average home insurance cost
  3. The average monthly cost of home insurance in Henderson is $68.
  4. What you may actually be expected to pay is likely to differ from this average amount. This is because rates are calculated using a number of factors such as the size of your house, the value of your property, the age of your roof, the crime rate and weather risks in your ZIP code, your claims history, and the amount of your deductible. 
  5. What would you do if a windstorm caused a tree to fall onto your house? This could cause significant damage to your root, siding, and windows, and could even impact the structural integrity of your house. Fortunately, when you have a solid homeowners insurance policy backing you up, do you do not need to worry about how you will be able to pay for repairs.
  6. Find an independent insurance agent nearby to learn more about what a homeowners insurance policy can do for you and to get help finding the best and most affordable coverage for your Henderson home.


  1. $76
  2. Reno, NV Monthly average home insurance cost
  3. The average monthly cost of home insurance in Reno is $76.
  4. Of course, Reno is a big city, and some neighborhoods are more expensive than others when it comes to home insurance. For example, homeowners in Carmel Valley will pay a higher average rates than those who live in Balboa Park.  
  5. Wildfires pose a significant risk in Reno and the surrounding areas. If wildfires make their way into your neighborhood, there is a very real risk that your house and all the property within it can be lost. This is one of the many reasons that a solid homeowners insurance policy is so important. You will want to be sure that your dwelling and contents coverage limits are high enough to enable you to completely recoup your losses.
  6. Set up a one-on-one consultation with an independent insurance agent in Reno to learn more about how your home insurance can cover you.


  1. $58
  2. Paradise, NV Monthly average home insurance cost
  3. The average monthly cost of home insurance in Paradise is $58.
  4. Because homeowners insurance rates are completely customized on a case-by-case basis, your monthly premium may be higher or lower than this average. Insurance companies consider your home’s size, value, location, and other factors when they calculate your monthly rate. 
  5. Many residents of Paradise have an elevated risk of experiencing flood damage. When this area sees heavy, prolonged rains, drainage systems can quickly be overwhelmed and flash flooding can occur. Unfortunately, flood damage is not covered by homeowners insurance, so you will need a supplemental flood insurance policy through the National Flood Insurance Program (NFIP) in order to be fully covered.
  6. Independent insurance agents in Paradise are well aware of your various risks as well as the limitations of a homeowners insurance policy. They can ensure that you are not left with any risky coverage gaps by helping you find the best and most affordable supplemental policies when needed. Talk to an agent near you to learn more.


  1. $63
  2. Spring Valley, NV Monthly average home insurance cost
  3. The average monthly cost of home insurance in Spring Valley is $63.
  4. Keep in mind, however, that homeowners insurance rates can vary from one property owner to the next, even within the same neighborhood. Your actual rate will be based on factors like the size, value, and location of your home; the materials used in your house’s construction; your claims history, the size of your deductible, and sometimes even your credit score.
  5. Though not an overly common risk, Spring Valley residents occasionally experience hail storms. For example, in 2016, there were a dozen hailstorms reported in the Spring Valley vicinity, and in 2012, the area was hit with hailstones that measured as large as two inches in diameter. Hailstones that exceed one inch in diameter can cause significant damages to roofs, siding, and windows. Fortunately, if your property is damaged by hail, your homeowners insurance can cover the cost of making repairs.
  6. Local independent agents understand the risks faced by homeowners in this city and can make sure that you are fully covered against all of the hazards that may cause you financial setbacks.