Are you looking for cheap home insurance in the United States? You came to the right place! The annual home insurance premium in the United States is around $1,200. However, some of the larger insurance companies also have cheaper options.
Having insurance for your home is extremely important to prevent the loss of your assets. After all, home insurance in the United States not only the structure of your house but also the material assets, the shed, or nearby areas that may be affected.
The normal thing is that we dedicate ourselves to looking for the best home insurance at a reasonable price to take care of our assets while also taking care of our pockets.
Best cheap home insurance in the United States
Allstate
If you are looking for cheap but reliable home insurance, you can take this insurer into account, especially if you live in:
- California: $718.
- District of Columbia: $901.
- Mississippi: $1.079.
Note: average cost of home insurance in each state.
PROS
- There is no list of “prohibited dogs” for owners.
- Offers several discounts for timely payments.
CONS
- The coverages are not customizable or extendable.
- They have a significant number of complaints from their customers.
What are Allstate’s coverage options?
- Housing: damage to the main structure.
- Other structures: Also covers damage to nearby structures on your property, such as patios or sheds.
- Personal property: works as coverage for personal items within the house.
- Civil liability: damage to other people’s property as a result of what happens to your house.
- Living Expenses: This covers all expenses related to food and lodging while your home is repaired or replaced.
What are Allstate’s additional coverages?
- Registered Personal Property: Damage to registered property, such as jewelry or collectibles.
- Drains and Sumps: Overflows from drains, sumps, or wastewater.
- Sports Equipment: Covers sports equipment starting at a specific value.
- Replacement of appliances with “green” appliances: loss of appliances, as long as they are replaced by low-energy consumption appliances.
- Musical instruments: damage or loss of musical instruments as long as you can prove that they are your property.
- Computer Data Recovery: Covers the cost of recovering lost computer expenses, including photos.
Farmers Insurance
It is on our list of cheap home insurance because in two states, specifically, it represents the lowest policy among all companies. This is a good option if you are in:
- Alabama: $607.
- Utah: $435.
- Nevada: $766.
- Virginia: $715.
Note: average cost of home insurance in each state.
PROS
- Discount for new homes.
- Discount for paying installments on time.
- Unlike other insurers, Farmers does not have a list of dogs exempt from coverage.
CONS
It is not available in all states in the country.
What are Farmer’s coverage options?
- Housing: covers damage and repairs to the structure of the house.
- Living Expenses: Expenses for temporary lodging, food, and general expenses while housing is replaced or rebuilt.
- Personal property: replacement of items such as appliances or furniture. However, high-value items (such as jewelry) may require an extension of the policy.
- Civil liability: serves to cover damage incurred to other people’s property if the damage is considered to be your responsibility.
What are Farmers’ additional coverages?
- Flood Insurance – Additional flood cover covers damage from overflowing rivers or damage caused by the sea.
- Earthquake insurance: structural damage caused by an earthquake (under no circumstances does this fall into standard coverage).
- Personal Property: Damage to or loss of high-value property (such as jewelry or collectibles).
Country Financial
Country Financial is one of the cheap home insurance policies that may be especially convenient for you if you live in:
- Alaska: $1,035.
Note: average cost of home insurance in each state.
PROS
- They have good customer service, timely and fast.
- It has several coverage options and they are customizable.
CONS
- It is available in a few states in the country.
- In some states, the cost can be high.
- It manages a list of “dangerous dogs” and does not cover damages caused by these breeds.
What are Country Financial’s coverage options?
- Housing: damage to the main property.
- Other structures: damage to surrounding structures, such as sheds or patios.
- Social responsibility: expenses for damages or lawsuits against the owner related to other people’s property.
- Living Expenses: Expenses for temporary lodging, food, and general expenses during the time of housing repair or replacement.
What are Country Financial’s additional coverages?
- Coverage Extension: Up to 120% more financing above the initial coverage limit if repair or replacement costs exceed the estimated budget.
- Sinks or sewers: covers damages related to sinks and sewers.
- Identity replacement: up to $25,000 in financing to cover processes related to identity theft.
Progressive
If you are looking for cheap home insurance, Progressive is a good option. Especially if you are in any of these cities:
- Georgia: $833.
- Kentucky: $1.218.
- Tennessee: $$1.085.
- Connecticut: $546.
- Arizona: $723.
Note: average cost of home insurance in each state.
PROS
- Much lower rates than the competition.
- It has a tool called “Name Your Price” that allows you to anticipate what the value of your policy could be.
- It has a very good track record of processing claims.
CONS
- It is not possible to extend the policies or customize them.
- It has a “no-dog” list that may make some people ineligible for the company.
What are Progressive’s coverage options?
- Housing: damage to the main home.
- Other structures: damage to structures close to the home (such as sheds or garages).
- Personal property: insures property inside the house, such as appliances or furniture.
- Civil liability: damages or claims related to other people’s property that could be affected under your responsibility.
- Living expenses: food, lodging, and others that may arise while waiting for the repair or replacement of the affected property.
What are Progressive’s additional coverages?
- Sewer or drainage: expenses caused by overflows of sinks or drains.
- Flood: expenses due to flooding as a result of the overflowing of rivers and other water sources.
- Earthquake: covers damage caused by earthquakes.
- Sinkhole coverage: There is also a special policy for damage caused by sinkholes.
Nationwide
Regarding cheap home insurance, this also enters our list of cheap home insurance because several cities in the country, have excellent prices for their home insurance. Specifically in these cities:
- Delaware: $798.
- Missouri: $1,646.
- South Dakota: $1.676.
Note: average cost of home insurance in each state.
PROS
- It does not have a “prohibited dogs” list.
- Includes credit card fraud protection.
CONS
- Not available in Alaska, Hawaii, Louisiana, New Mexico, Florida, Massachusetts, and New Jersey.
- Any modification to the policy has an additional cost.
What are Nationwide coverage options?
- Housing: damage to the main property.
- Other structures: covers expenses on sheds or nearby patios on your property.
- Personal property: damage to personal items within the property.
- Social responsibility: also covers damage to other properties near yours.
- Medical coverage for guests: expenses of your guests if they suffer an injury within your property.
- Legal insurance: covers remodeling expenses in case your house currently does not comply with legal ordinances.
- Credit card coverage: assume the costs in case your credit card or information is falsified.
What are Nationwide’s additional coverages?
- Earthquakes: covers the property in the event of deterioration or loss due to an earthquake.
- Floods: overflowing of rivers or flooding due to natural causes.
- New items: coverage for loss or deterioration of newly purchased items.
- Roof Replacement: Coverage for replacing a roof with another one with improved materials.
How much does home insurance cost in the United States?
Although the ones we mentioned before are the ones we recommend, here is the average price of cheap home insurance based on homes of $350,000 in the United States:
| state | Company | Cost |
| Alabama | Allstate | $1,211 |
| Alaska | Allstate | $830 |
| Arizona | American Family | $896 |
| Arkansas | Shelter | $1,915 |
| California | CSE | $572 |
| Colorado | Auto-Owners | $1,113 |
| Connecticut | Progressive | $513 |
| Delaware | Cumberland | $596 |
| Florida | Progressive | $1,035 |
| Georgia | UPC Insurance | $852 |
| Hawaii | Dongbu Insurance | $200 |
| Idaho | Nationwide | $570 |
| Illinois | Erie | $878 |
| Indiana | Cincinnati Insurance | $673 |
| Iowa | Nationwide | $998 |
| Kansas | Auto-Owners | $1,614 |
| Kentucky | Cinncinnati Insurance | $1,105 |
| Louisiana | State Farm | $1,503 |
| Maine | Concord Group | $438 |
| Maryland | Cincinnati Insurance | $740 |
| Massachusetts | State Farm | $491 |
| Michigan | Progressive | $699 |
| Minnesota | Auto-Owners | $1,049 |
| Mississippi | State Farm | $2,158 |
| Missouri | Nationwide | $1,061 |
| Montana | Kemper | $875 |
| Nebraska | Nationwide | $1,638 |
| Nevada | Universal North America | $438 |
| New Hampshire | Friend | $516 |
| New Jersey | UPC Insurance | $402 |
| New Mexico | Farmers | $1,247 |
| New York | Kemper | $495 |
| North Carolina | State Farm | $729 |
| North Dakota | State Auto | $1,095 |
| Ohio | Ohio Mutual | $587 |
| Oklahoma | Oklahoma Farmers Union | $2,648 |
| Oregon | Mutual of Enumclaw | $397 |
| Pennsylvania | Cumberland | $465 |
| Rhode Island | State Farm | $627 |
| South Carolina | Heritage Insurance | $681 |
| South Dakota | Nationwide | $1,106 |
| Tennessee | American National | $727 |
| Texas | Nationwide | $1,630 |
| Utah | Unigard | $428 |
| Vermont | Vermont Mutual | $459 |
| Virginia | Cincinnati Insurance | $391 |
| Washington | Pemco | $359 |
| West Virginia | Progressive | $813 |
| Wisconsin | Rockford Mutual | $587 |
| Wyoming | Rockford | $836 |
What is the best home insurance?
Now, among all these insurances, we especially recommend Allstate because of the good relationship between the price of the standard premium and all the additional coverage available.
Secondly, we recommend that you consider home insurance from Farmers Insurance, as it has good reviews and its policies are among the cheapest in the entire country.
For you, what is the best home insurance?
