How much is homeowners insurance in Washington?
The average cost of homeowners insurance in Washington is $97 per month or $1,159 per year for $300,000 in dwelling coverage (the coverage that protects your physical house), according to Quadrant data from 2022.
Since then, rates have gone up for many homeowners. Our 2023 analysis of internal policyholder data shows home insurance premiums for people in Washington who renewed their coverage went up 21% compared to the previous year.
Average cost of home insurance in Washington (2024)
Washington home insurance rates by city
Of the Evergreen State’s 20 largest cities, Redmond, Bellevue, and Everett have the cheapest homeowners insurance in Washington. Rates in Redmond are 6% cheaper than Washington’s statewide average.
City | Average monthly cost | Average annual cost | Difference from state average (%) |
---|---|---|---|
Seattle | $94 | $1,130 | -3% |
Spokane | $98 | $1,176 | 1% |
Tacoma | $100 | $1,195 | 3% |
Vancouver | $93 | $1,112 | -4% |
Bellevue | $92 | $1,099 | -5% |
Kent | $102 | $1,218 | 5% |
Everett | $92 | $1,109 | -4% |
Spokane Valley | $99 | $1,188 | 3% |
Renton | $100 | $1,195 | 3% |
Federal Way | $97 | $1,162 | 0% |
Yakima | $101 | $1,211 | 4% |
Bellingham | $94 | $1,126 | -3% |
Kirkland | $100 | $1,200 | 4% |
Auburn | $100 | $1,195 | 3% |
Kennewick | $95 | $1,137 | -2% |
Pasco | $100 | $1,205 | 4% |
Redmond | $91 | $1,090 | -6% |
Marysville | $98 | $1,172 | 1% |
Sammamish | $99 | $1,186 | 2% |
Richland | $94 | $1,132 | -2% |
Washington home insurance rates by coverage amount
One of the most important (and expensive) parts of your home insurance policy is your dwelling coverage, which is the part of your policy that protects your home’s physical structure from covered perils like wildfires and water damage.
The amount of dwelling coverage you need depends not on your home’s market value, but on its replacement cost — that’s what it could cost to rebuild your home if it were completely destroyed. If you paid $600,000 for a home that would really only cost $400,000 to rebuild, you’d only need $400,000 in dwelling coverage.
The more dwelling coverage you buy, the more expensive your homeowners insurance will be. The largest jump in the cost of home insurance in Washington (a jump of $364 per year) happens when you go from $300,000 to $400,000 in dwelling coverage.
Dwelling coverage limit | Average annual cost |
---|---|
$100,000 | $596 |
$200,000 | $868 |
$300,000 | $1,159 |
$400,000 | $1,523 |
$500,000 | $1,856 |