Popular QuestionsPopular Questions about Home Insurance in Wisconsin

How much does Wisconsin home insurance cost? $779

On average, homeowners in America pay $1,211 per year for their home insurance coverage. However, in Wisconsin, the average annual premium is significantly lower at just $779 a year.

Homeowners insurance coverage is vitally important because your house is an investment, and hazards like severe weather, accidental fires, and property crimes in this state can cause expensive losses to homeowners who are not insured.

What can Wisconsin home insurance do for me?

Your home insurance gives you peace of mind knowing that your finances are protected if a disaster strikes in your neighborhood. Whether you are dealing with losses due to a fire, severe weather, or a rash of burglaries, you can be sure that you are covered when you have a suitable Wisconsin homeowners insurance policy. 

Pays to Repair or Replace Your Home and Your Belongings

  • This is called dwelling Insurance, which covers the structure of your home, and contents Insurance, which covers your personal property. Both are included in every standard homeowners insurance policy.
  • This coverage provides the funds necessary to repair, rebuild, or replace property if it has been damaged or destroyed by a covered event.
  • Example: Your roof and siding sustain significant damages due to a hailstorm, and both need to be replaced.

Pays for Someone Else's Injuries or Property Damage When It's Your Fault

  • This is called homeowners liability insurance.
  • This can cover expenses related to property damage, injuries, or financial losses that you or someone in your household accidentally causes to other people.
  • Most homeowners insurance companies offer between $100,000 and $500,000 in homeowners liability coverage.
  • Example: Your children are hitting baseballs in the backyard and one of them accidentally hits a ball through your neighbor’s picture window.

Pays for Temporary Living Expenses When Your Home Is Damaged

  • This is called loss of use insurance.  
  • This coverage is included as a standard part of most homeowners insurance policies.
  • Loss of use insurance covers temporary living expenses if you must seek alternate accommodations while your home is being repaired following a covered event.
  • Example:  Damage from a fire makes your house unsafe to inhabit. You need to stay in a hotel while structural repairs are made.
Will I actually use my Wisconsin home insurance?

We can’t be 100% certain, but in 2016, insurance companies paid out more than $585 million in home insurance claims in Wisconsin alone. That's a lot of unfortunate events happening to homeowners in the Badger State!

How are Wisconsin home insurance rates calculated?

Insurance companies calculate home insurance costs based on the value of your property and by assessing the chances that something bad will happen to it. The more likely it is that a disaster or other damaging event can impact your house and property, the more expensive your home insurance policy will be.

These potential disasters are called "risks” or “exposures.” Let’s take a look at how risky Wisconsin is compared to the rest of the country.

Crime

The burglary rate in Wisconsin is higher than the national average. You will want to be sure to protect your property by keeping doors and windows securely locked, keeping all entryways unobstructed and well-lit, and putting lights on timers when you are out of town.

  • Average number of burglaries per 1,000 homes in WI: 5.34
  • Average number of burglaries per 1,000 homes in the US: 3.76

Frequently, installing a burglar alarm or other security device in your home can earn you discounts on your home insurance costs. Talk to a local independent agent to learn more about this and other potential discounts.

Weather

Severe weather, including storms, blizzards, and tornadoes, 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 since 1953: 54
  • Most common cause of disasters in the state: Severe storms, floods, and tornadoes
  • Average number of tornadoes per year in the state: 23.5
  • Amount paid in home insurance claims in 2016: $585,360,000

It is important to be aware that although floods pose a real risk in Wisconsin, flood damage is not covered by homeowners insurance. Fortunately, a local independent agent can help you supplement your home coverage with an affordable flood insurance policy through the National Flood Insurance Program (NFIP).

Home Values

The estimated cost to rebuild your home will play a large role in how much your home insurance costs. In Wisconsin, the average home value is a bit lower than the national average. This helps to keep insurance rates affordable despite the weather risks in this state.

  • Average home value in WI: $178,900
  • Average home value in the US: $188,900

Comparing rates from a few different insurance companies helps you be certain you are getting your coverage at the most competitive price.

What is the best homeowners insurance company in Wisconsin?

There is no such thing as an insurance company that is “best” for everyone. While one homeowner may get the best coverage and price from one company, their neighbor may find that a competing provider offers the best value.

That is why independent agents compare policies and rates from multiple highly rated insurance companies as they search for the policy that is most suitable to meet your coverage and budgetary needs.

Are there any independent insurance agents in Wisconsin?

Yes! There are currently 366 independent insurance agencies in Wisconsin who are ready to help.

Contact an insurance agent near you to discover the many benefits of working with one of these experienced insurance professionals.

InformationFind the Best Home Insurance in Your City

Now, let's take a quick peek at what’s going on in your city. Insurance companies look at a lot of factors when determining home insurance costs. One of many factors is location. Crime rates, weather catastrophes, and the overall cost of your home will also factor in to how much your home insurance will cost.

How does your city measure up to the national average?

  • National average home insurance cost : $1,211 / year
  • National average burglary rate per 1,000 homes: 3.76
  • National average home value: $188,900
CityAverage House ValueBurglary Rate per 1,000 HomesAvg. Cost of Home Insurance (Yearly)
Appleton$198,3151.75$733
Eau Claire$158,5284.24$860
Fond du Lac$148,8291.82$633
Green Bay$160,2942.38$723
Janesville$151,3654.37$825
Kenosha$175,5882.48$757
La Crosse$167,4635.01$867
Madison$283,6914.11$998
Milwaukee$146,5957.15$893
Oshkosh$145,3011.89$656
Racine$132,4844.49$695
Sheboygan$141,4681.85$609
Waukesha$233,3041.14$891
Wauwatosa$279,4272.53$944
West Allis$162,5954.31$851

Milwaukee, WI Home Insurance

The average monthly cost of home insurance in Milwaukee is $74.

Your homeowners insurance is completely customized according to the value of your home and property and other considerations like weather risks and crime rates in your neighborhood. You can therefore expect your monthly premium to be greater or lower than this average. It costs more to insure homes in the Downer Woods neighborhood, where houses are large and highly valued, than in Golden Valley, where homes are more affordable.

With more than 4,000 burglaries reported every year, Milwaukee has one of the highest property crime rates in the state. It is therefore important that you take precautions like using deadbolt locks and home security systems to help protect your home. Fortunately, your Milwaukee homeowners insurance can compensate you for your losses if you are the victim of a property crime like theft or vandalism. If needed, a local independent agent can provide assistance throughout the claims process.

Madison, WI Home Insurance

The average monthly cost of home insurance in Madison is $83.

Home insurance rates can vary from one homeowner to the next, especially in a large city like Madison. Your rate will be based on factors like the size, value, and location of your home; the age of your roof; the materials used in your home’s construction; and sometimes even your credit score.

Some of the most expensive hazards faced by homeowners in Madison are severe weather events like tornadoes. The rate of tornado activity in the Madison area is 72% greater than the national rate. A tornado can seriously damage or destroy your house if it is in its path. Fortunately, your homeowners insurance can help you repair and replace your home and belongings, and can even help you pay for a hotel if you are temporarily displaced while your home is being repaired. 

Green Bay, WI Home Insurance

The average monthly cost of home insurance in Green Bay is $60.

Not all Green Bay homeowners will pay the same amount for their home insurance. Your monthly rate is based on several considerations such as the crime rate in your ZIP code, the size of your home, the building materials used in your home’s construction, your claims history, the amount of your deductible, and more.

Many homeowners in Green Bay have a significant risk of sustaining flood damage. This risk isn’t limited to those who are situated near the Fox River and Lake Michigan. When heavy rains fall, the ground can become saturated and drainage systems can become overwhelmed, leading to flash flooding throughout the city. However, it is important to bear in mind that homeowners insurance does not cover flood damage. Talk to a local independent agent for help supplementing your home insurance with an affordable flood insurance policy through the National Flood Insurance Program (NFIP).

Kenosha, WI Home Insurance

The average monthly cost of home insurance in Kenosha is $63.

Your house and property coverage needs are not the same as your neighbor’s. While everyone in your neighborhood has the same crime and weather risks influencing their rates, your homeowners insurance premium can also be based on factors like the size, age and value of your home, the type of roof you have and when it was last replaced, your claims history, the number of people in your household, and potentially even your credit score. Your monthly rate for Kenosha homeowners insurance may therefore be higher or lower than this average.

Residential fires present one of the most devastating risks to homeowners. In addition to severely damaging your house, a fire can lead to a total loss of your personal belongings, including clothing, furniture, and electronics. That is why it is important for your dwelling coverage to be high enough to enable you to rebuild your home and that you have sufficient contents coverage to let you replace your lost or damaged property without enduring a large financial loss. Your insurance agent can help you make sure that the coverage levels in your Kenosha homeowners insurance policy are high enough.

Racine, WI Home Insurance

The average monthly cost of home insurance in Racine is $58.

Of course, what you may actually be expected to pay can differ significantly from this average price. This is because costs are based on the value of your property and the specific risks associated with it. Some of the factors that can influence your premium amount include the age and size of your house, the crime rate and weather risks in your ZIP code, the materials used in your home’s construction, and your claims history. 

Winter storms can be a problem in Racine. Heavy snows can damage roofs, ice dams can destroy gutters, and freezing temperatures can cause water pipes to burst, which can result in extremely expensive damage in your home. Racine homeowners insurance can give you peace of mind in knowing that your winter-damaged home can be returned to normal without causing you a large personal expense.