Home Insurance 400K home insurance cost calculator How much insurance you need for a home depends on different factors. For dwelling coverage of $400,000, use our calculator to find out what you need. View Carriers Please enter valid zip Compare top carriers in your area Written by Zack Sigel Zack Sigel Zack Sigel is a writer and editor based in New York City. He has been managing editor at Policygenius and M1 Finance, where he led teams specialized in writing about business and finance, and he has also written about music and culture for Hyperallergic, VH1, Complex, and the Los Angeles Review of Books. Zack has a bachelor's degree from New York University, Tisch School of the Arts. | Reviewed by Nupur Gambhir Nupur Gambhir Gambhir is a licensed life, health, and disability insurance agent and an auto and home insurance expert. She has written extensively on insurance topics for QuinStreet’s CarInsurance.com, Insurance.com and Insure.com as well as for Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker and The Financial Gym. | Posted on: February 4, 2025 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Purchasing home insurance is often mandatory for getting a mortgage. Even if it’s not a requirement for you, home insurance is still one of the most important ways to protect yourself financially. Home insurance covers damage to your house and certain liabilities you may incur due to property damage or bodily injury to others. The value of your home insurance coverage is a combination of both: One part is called dwelling coverage, and the other is called liability coverage. You’ll also have to pay a deductible, which we’ll discuss later. This article will dig into what $400,000 of home insurance dwelling coverage looks like with different combinations of liability coverage. How to use our $400,000 home insurance calculator Using the home insurance calculator is simple. Enter the ZIP code in which the property is located, then enter the amount of dwelling and liability coverage you need. If you need $400,000 worth of coverage for homeowners insurance, the dwelling field should be set to $400,000. Liability coverage is up to you, but we’ll include some sample rates with different liability coverage options below. When you file a claim for covered damage or loss, the deductible is the part you must pay out of pocket before the insurer pays for the rest. By default, the calculator uses a deductible of $1,000. Once you hit the calculate button, the calculator will display the highest, lowest and average homeowners insurance rates for the ZIP code and coverage amounts you entered. 400K Home Insurance Calculator See how the average annual home insurance rates vary with the options chosen. ZIP Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $100,000$300,000 Deductible Hurricane (2% of insured value)Standard ($1000) Filter Average Annual Home Insurance Rates 33315 - Fort Lauderdale $19,538 Average rate $40,270 Highest rate The estimated highest premium from one of the carriers near 33315 $4,826 Lowest rate The estimated lowest premium from one of the carriers near 33315 Most expensive ZIP for home insurance in Florida ZIP Code City Average Rate 33070 Islamorada Village of Islands $35,383 33037 Key Largo $34,940 33036 Islamorada Village of Islands $34,733 33001 Long Key $34,697 Least expensive ZIP for home insurance in Florida ZIP Code City Average Rate 32307 Tallahassee $4,007 32313 Tallahassee $4,007 32306 Tallahassee $4,007 32308 Tallahassee $4,040 Methodology Insure.com commissioned Quadrant Information Systems to field home insurance rates from major insurers in each state for nearly all ZIP codes in the country for 10 coverage levels based on various dwelling and deductible limits. The homeowner profile is a 35-year-old married applicant with excellent insurance score; new business HO3 policy for house built in 2000 with frame construction and composition roof. Other Structures: 10%. Loss of Use defaulted: 10%. Guest Medical limit: $5,000. Deductible limit: $1,000. Personal property: 50% of dwelling coverage for replacement value Average home insurance cost for a $400,000 home The table below shows the average annual premium for a home insurance policy with $400,000 of dwelling coverage. We used different limits for liability coverage and broke down the numbers by the deductible, using a 2% hurricane deductible and a standard $1,000 deductible. DeductibleLiabilityAverage annual premium2% hurricane deductible$100,000$3,1152% hurricane deductible$300,000$3,134Standard ($1,000)$100,000$3,212Standard ($1,000)$300,000$3,233 $400,000 home insurance cost comparison for top 25 states in the U.S. We’ve also calculated the average annual and monthly homeowners insurance premiums for the top 25 U.S. states, ranked by population. These figures are based on $400,000 worth of dwelling coverage and $300,000 worth of liability coverage. StateAverage annual premiumAverage monthly premiumCalifornia$1,772$148Texas$4,744$395Florida$5,516$460New York$2,349$196Pennsylvania$2,316$193Illinois$3,693$308Ohio$2,621$218Georgia$2,882$240North Carolina$3,678$307Michigan$3,063$255New Jersey$1,894$158Virginia$2,752$229Washington$2,017$168Arizona$3,063$255Tennessee$3,768$314Massachusetts$1,998$166Indiana$3,720$310Missouri$4,370$364Maryland$2,131$178Wisconsin$2,038$170Colorado$4,976$415Minnesota$2,999$250South Carolina$3,335$278Alabama$3,872$323Louisiana$4,564$380 $400,000 home insurance cost comparison for top 25 cities in the U.S. The following table shows the cost of a home insurance policy with $400,000 worth of dwelling coverage and $300,000 worth of liability coverage for each of the top 25 U.S. cities, ranked by population. CityAverage annual premiumAverage monthly premiumNew York, New York$3,429$286Los Angeles, California$2,025$169Chicago, Illinois$4,455$371Houston, Texas$7,321$610Phoenix, Arizona$3,572$298Philadelphia, Pennsylvania$3,403$284San Antonio, Texas$3,329$277San Diego, California$1,647$137Dallas, Texas$5,049$421Jacksonville, Florida$4,689$391Fort Worth, Texas$5,164$430Austin, Texas$3,203$267San Jose, California$1,376$115Charlotte, North Carolina$2,832$236Columbus, Ohio$2,591$216Indianapolis, Indiana$4,045$337San Francisco, California$1,462$122Seattle, Washington$1,851$154Denver, Colorado$5,403$450Oklahoma City, Oklahoma$7,423$619Nashville, Tennessee$3,495$291Washington, District of Columbia$1,703$142El Paso, Texas$2,541$212Las Vegas, Nevada$1,932$161Boston, Massachusetts$2,168$181 Key factors to calculate the cost of home insurance for $400K coverage Your home insurance cost is affected by how much dwelling coverage and liability coverage you require. Dwelling coverage covers everything from the cost of rebuilding or repairing your home to the cost of replacing property that was inside. How much dwelling coverage you need is a combination of these costs, so our $400,000 baseline may not be sufficient for your circumstances. Your dwelling coverage should include loss of use coverage to pay for living expenses while your house is uninhabitable. Liability coverage is for property damage or bodily injury for which you’re liable. It’ll cover injuries sustained by someone on your property or if you damage someone else’s property, whether in your home or elsewhere. What property features affect home insurance rates? Any property features that make it riskier for an insurance company to insure your home could increase your rates. Location matters, especially if you live in an area prone to environmental perils like fire or flooding. Living in a high-risk area will likely result in higher rates. “If you have a $700,000 house, your insurance will be more expensive than if you have a $300,000 home,” says Melanie Musson, an insurance expert with InsuranceProviders.com. “If your house is destroyed, your insurance provider will be responsible for the cost of rebuilding. Since rebuilding a $300,000 house costs less than a $700,000 one, you pay lower rates for the cheaper house.” The age of your home also matters, says Zhaneta Gechev, owner of One Stop Life Insurance in Las Vegas and an expert in property and casualty insurance. “Older homes typically have higher insurance premiums because their electrical, plumbing, and roofing systems are often older, increasing the likelihood of insurance claims,” she says. The size of your home will make it more expensive to insure because there’s more area to protect, and upgrading your home could increase rates even more. “Renovations, such as new flooring or a modernized kitchen, can increase the home’s replacement cost and, consequently, the insurance premium,” Gechev says. Any risks arising from the circumstances within your home could raise your rates. “For example, you’ll likely pay higher rates if you have a fireplace,” Musson says. “If you have a dog, you may pay higher rates because there’s a higher chance you’ll need to file a liability claim.” However, there are things you can do to mitigate risk and lower your rates, such as adding a security system. “Many carriers offer discounts for homes monitored by a security company, as this reduces the risk of losses from break-ins,” Gechev says. Year-over-year costs for a $400,000 home insurance policy The table below uses $400,000 of dwelling coverage, $300,000 of liability coverage and a $1,000 deductible for its figures. State 2023 annual premium 2022 annual premium 2019 annual premium Alaska$2,064$2,276$1,850Alabama$3,872$3,779$3,750Arkansas$4,795$4,974$4,217Arizona$3,063$2,413$2,224California$1,772$1,741$1,508Colorado$4,976$4,102$3,896Connecticut$2,723$2,561$2,286Washington, D.C.$1,703$1,520$1,610Delaware$1,729$1,735$1,587Florida$5,516$5,338$5,254Georgia$2,882$2,707$2,647Hawaii$791$749$666Iowa$3,230$2,937$2,703Idaho$2,449$2,356$1,888Illinois$3,693$3,118$2,380Indiana$3,720$3,392$2,650Kansas$6,220$5,913$5,631Kentucky$4,246$4,042$3,444Louisiana$4,564$4,410$4,864Massachusetts$1,998$1,849$2,442Maryland$2,131$2,044$1,897Maine$1,770$1,762$1,942Michigan$3,063$2,943$2,419Minnesota$2,999$2,900$3,173Missouri$4,370$4,216$3,760Mississippi$4,220$4,221$4,159Montana$4,065$3,614$3,421North Carolina$3,678$3,437$2,353North Dakota$4,115$3,561$2,729Nebraska$5,959$5,792$4,401New Hampshire$1,488$1,429$1,439New Jersey$1,894$1,634$1,877New Mexico$3,489$3,346$2,841Nevada$1,853$1,839$1,537New York$2,349$2,225$2,165Ohio$2,621$2,447$2,219Oklahoma$7,294$6,199$5,596Oregon$2,185$1,865$1,405Pennsylvania$2,316$2,132$1,600Rhode Island$2,460$2,188$2,439South Carolina$3,335$3,396$3,302South Dakota$4,275$4,487$3,886Tennessee$3,768$3,611$3,890Texas$4,744$4,190$4,447Utah$2,161$1,701$1,382Virginia$2,752$2,567$2,258Vermont$1,555$1,446$1,177Washington$2,017$2,054$1,641Wisconsin$2,038$1,843$1,830West Virginia$2,354$2,242$2,335Wyoming$2,490$2,458$2,252 Top carriers for $400,000 home insurance in your state The table below uses $400,000 of dwelling coverage, $300,000 of liability coverage and a $1,000 deductible for its figures. State Company Average anuual premium AlaskaAllstate$2,196AlaskaCountry Financial$1,791AlaskaState Farm$2,147AlaskaUSAA$2,269AlaskaWestern National Mutual$1,507AlabamaAlfa Corporation$4,771AlabamaAllstate$2,568AlabamaAuto-Owners$3,483AlabamaCountry Financial$3,927AlabamaFarmers$4,135AlabamaNationwide$4,396AlabamaState Farm$3,739AlabamaUSAA$3,633ArkansasAllstate$3,966ArkansasAuto-Owners$6,861ArkansasFarm Bureau Mutual Ins Co of AR$4,106ArkansasFarmers$5,470ArkansasNationwide$4,715ArkansasShelter Insurance$5,144ArkansasState Farm$3,915ArkansasTravelers$11,806ArkansasUSAA$4,262ArizonaAllstate$2,936ArizonaAmerican Family$2,106ArizonaFarmers$4,214ArizonaNationwide$2,380ArizonaState Farm$1,930ArizonaTravelers$6,971ArizonaUSAA$2,288CaliforniaAllstate$1,121CaliforniaAuto Club Enterprises (AAA)$1,775CaliforniaCSAA Insurance (AAA)$1,706CaliforniaFarmers$2,246CaliforniaMercury Insurance$1,823CaliforniaNationwide$1,723CaliforniaState Farm$1,974CaliforniaTravelers$1,404CaliforniaUSAA$1,531ColoradoAllstate$3,725ColoradoAmerican Family$4,053ColoradoFarmers$6,059ColoradoNationwide$6,839ColoradoState Farm$3,910ColoradoUSAA$4,607ConnecticutAmerican Family$3,073ConnecticutAmica Mutual$2,112ConnecticutChubb Ltd$3,015ConnecticutFarmers$2,709ConnecticutNational General Insurance$1,458ConnecticutState Farm$2,059ConnecticutTravelers$6,238ConnecticutUSAA$2,188Washington, D.C.Allstate$1,757Washington, D.C.Chubb Ltd$1,898Washington, D.C.Nationwide$1,559Washington, D.C.State Farm$1,740Washington, D.C.USAA$1,340DelawareAllstate$1,520DelawareAmerican Family$1,977DelawareCumberland Insurance$1,221DelawareState Farm$1,383DelawareTravelers$2,544FloridaAllstate$5,882FloridaAmer Integrity Ins Co of FL$5,229FloridaCitizens Property Insurance$11,258FloridaFedNat Holding$8,861FloridaHCI Group Inc$6,110FloridaHeritage Insurance Holdings$5,787FloridaNationwide$7,192FloridaProgressive$5,555FloridaSecurity First Insurance$4,587FloridaState Farm$5,925FloridaTravelers$2,469FloridaUniversal Insurance Holding$8,778GeorgiaAllstate$1,959GeorgiaAuto-Owners$1,792GeorgiaFarmers$3,550GeorgiaGeorgia Farm Bureau$3,050GeorgiaNationwide$3,405GeorgiaState Farm$3,385GeorgiaTravelers$3,574GeorgiaUSAA$2,615HawaiiAIG$808HawaiiAllstate$707HawaiiDongbu Insurance$589HawaiiIsland Insurance$849HawaiiOcean Harbor$1,195HawaiiRLI Insurance$976HawaiiState Farm$557HawaiiTokio Marine Holdings$886HawaiiUniversal Insurance Co$551IowaAllstate$3,251IowaAmerican Family$2,818IowaAuto-Owners$2,224IowaFarmers$3,932IowaIMT Insurance$2,910IowaIowa Farm bureau$4,029IowaNationwide$3,183IowaState Farm$2,910IowaUSAA$3,372IowaWest Bend Mutual$1,838IdahoAllstate$2,238IdahoAmerican Family$1,790IdahoFarm Bureau$3,919IdahoFarmers$2,411IdahoNationwide$1,680IdahoState Farm$2,660IdahoUSAA$2,468IllinoisAllstate$1,965IllinoisAmerican Family$6,081IllinoisAuto-Owners$2,654IllinoisCountry Financial$4,214IllinoisFarmers$4,211IllinoisNationwide$2,491IllinoisState Farm$2,348IllinoisTravelers$9,185IllinoisUSAA$2,681IndianaAllstate$1,319IndianaAmerican Family$2,713IndianaAuto-Owners$3,884IndianaErie Insurance$3,171IndianaFarmers$4,859IndianaIndiana Farm Bureau Grp$5,521IndianaIndiana Farmers$2,136IndianaNationwide$3,553IndianaState Farm$2,518IndianaTravelers$9,455IndianaUSAA$2,897KansasAllstate$4,767KansasAmerican Family$4,415KansasFarmers$6,655KansasIowa Farm bureau$5,231KansasNationwide$9,705KansasShelter Insurance$4,503KansasState Farm$4,342KentuckyAuto-Owners$3,838KentuckyAutomobile Club MI (AAA)$4,850KentuckyCincinnati Insurance$2,825KentuckyGrange Mutual$4,682KentuckyKentucky Farm Bureau$8,288KentuckyNationwide$4,359KentuckyProgressive$2,764KentuckyState Farm$3,319KentuckyWestfield Insurance$3,290LouisianaAllstate$4,243LouisianaFarmers$6,238LouisianaLA Farm bureau$6,433LouisianaProgressive$1,907LouisianaState Farm$6,209LouisianaUSAA$3,836MassachusettsAllstate$2,297MassachusettsAmica Mutual$3,279MassachusettsAndover Insurance$1,170MassachusettsArbella Insurance$1,802MassachusettsHeritage Insurance Holdings$1,356MassachusettsMapfre Insurance$2,182MassachusettsSafety Insurance$2,060MassachusettsState Farm$1,558MassachusettsTravelers$1,983MassachusettsUSAA$2,216MassachusettsVermont Mutual$1,672MarylandAllstate$1,978MarylandAmerican Family$2,335MarylandChubb Ltd$3,044MarylandErie Insurance$2,178MarylandFarmers$2,222MarylandNationwide$2,285MarylandState Farm$1,361MarylandTravelers$1,688MarylandUSAA$2,110MaineAllstate$1,252MaineAuto-Owners$995MaineChubb Ltd$1,444MaineFarmers$2,432MaineFrankenmuth Insurance$1,702MaineMMG Insurance$1,875MaineQuincy Mutual$1,719MaineState Farm$1,214MaineThe Hanover$3,589MaineVermont Mutual$817MichiganAuto-Owners$464MichiganAutomobile Club MI (AAA)$1,817MichiganFarmers$3,886MichiganFrankenmuth Insurance$2,277MichiganMichigan Farm Bureau$7,982MichiganState Farm$2,410MichiganThe Hanover$4,285MichiganUSAA$2,545MinnesotaAmerican Family$3,107MinnesotaAuto-Owners$1,847MinnesotaAutomobile Club MI (AAA)$2,588MinnesotaCountry Financial$6,150MinnesotaFarmers$3,306MinnesotaNorth Star Mutual$2,586MinnesotaState Farm$3,072MinnesotaWest Bend Mutual$1,974MinnesotaWestern National Mutual$2,052MissouriAllstate$4,257MissouriAmerican Family$3,961MissouriAuto Club Enterprises (AAA)$2,517MissouriFarmers$8,477MissouriNationwide$5,881MissouriShelter Insurance$4,129MissouriState Farm$2,999MissouriUSAA$3,132MississippiAllstate$3,167MississippiFarmers$6,498MississippiNationwide$3,824MississippiSouthern Farm Bureau$2,963MississippiState Farm$3,756MississippiTravelers$10,073MississippiUSAA$2,889MontanaAllstate$3,786MontanaChubb Ltd$2,053MontanaFarmers$5,210MontanaNationwide$3,003MontanaState Farm$3,133MontanaTravelers$9,257MontanaUSAA$3,411North CarolinaErie Insurance$4,678North CarolinaNationwide$3,930North CarolinaNorth Carolina Farm Bureau$2,731North CarolinaState Farm$1,515North CarolinaUSAA$4,149North DakotaAgraria Mutual$2,465North DakotaAllstate$3,429North DakotaAmerican Family$2,884North DakotaAuto-Owners$3,760North DakotaCountry Financial$3,849North DakotaFarmers$5,780North DakotaNodak Insurance$3,536North DakotaNorth Star Mutual$2,530North DakotaState Farm$3,809NebraskaAllstate$4,812NebraskaAmerican Family$4,892NebraskaFarmers$6,112NebraskaFarmers Mutual Ins Co of NE$6,266NebraskaIowa Farm bureau$5,638NebraskaNationwide$7,897NebraskaState Farm$5,531NebraskaTravelers$11,699NebraskaUSAA$6,016New HampshireAllstate$1,075New HampshireAmica Mutual$1,006New HampshireAuto-Owners$1,275New HampshireFarmers$1,309New HampshireMMG Insurance$2,468New HampshireNationwide$1,992New HampshirePlymouth Rock Assurance$1,446New HampshireState Farm$1,312New HampshireUSAA$1,641New HampshireVermont Mutual$899New JerseyChubb Ltd$1,530New JerseyFarmers$2,932New JerseyFranklin Mutual$1,645New JerseyHeritage Insurance Holdings$2,115New JerseyNational General Insurance$1,411New JerseyNew Jersey Manufacturers$1,155New JerseyPlymouth Rock Assurance$2,759New JerseyState Farm$1,476New JerseyUSAA$1,524New MexicoFarmers$4,179New MexicoState Farm$2,109NevadaAmerican Family$1,779NevadaCountry Financial$2,661NevadaCSAA Insurance (AAA)$2,130NevadaFarmers$2,179NevadaNationwide$1,497NevadaState Farm$1,647NevadaUSAA$1,461New YorkAIG$2,072New YorkAllstate$2,322New YorkAmerican Family$1,151New YorkChubb Ltd$2,563New YorkFarmers$4,456New YorkHeritage Insurance Holdings$2,008New YorkNationwide$1,958New YorkNYCM Insurance$1,348New YorkState Farm$1,704New YorkTravelers$2,077OhioAllstate$2,027OhioAmerican Family$2,254OhioAuto-Owners$1,947OhioErie Insurance$2,397OhioFarmers$3,409OhioGrange Mutual$2,801OhioNationwide$2,327OhioState Farm$2,014OhioTravelers$7,791OhioUSAA$1,810OklahomaAllstate$5,133OklahomaFarmers$9,635OklahomaOklahoma Farm Bureau$5,682OklahomaShelter Insurance$7,288OklahomaState Farm$6,062OklahomaUSAA$7,533OregonAllstate$2,059OregonAmerican Family$1,608OregonCountry Financial$3,435OregonFarmers$2,756OregonNationwide$1,566OregonState Farm$1,581OregonUSAA$1,927PennsylvaniaAllstate$1,286PennsylvaniaErie Insurance$1,786PennsylvaniaFarmers$2,511PennsylvaniaNationwide$2,051PennsylvaniaState Farm$1,648PennsylvaniaTravelers$6,317PennsylvaniaUSAA$1,771Rhode IslandAIG$1,968Rhode IslandAllstate$2,451Rhode IslandAmica Mutual$2,758Rhode IslandAndover Insurance$2,754Rhode IslandFarmers$3,009Rhode IslandNationwide$2,593Rhode IslandPure Companies Grp$2,363Rhode IslandState Farm$1,782South CarolinaAllstate$2,475South CarolinaAuto-Owners$2,839South CarolinaFarmers$5,110South CarolinaProgressive$3,103South CarolinaSouth Carolina Farm Bureau Mutual$3,774South CarolinaState Farm$2,409South CarolinaTravelers$7,177South CarolinaUSAA$2,412South DakotaAllstate$3,475South DakotaAmerican Family$4,292South DakotaAuto-Owners$2,753South DakotaFarmers$6,140South DakotaFarmers Mutual Ins Co of NE$3,983South DakotaIowa Farm bureau$3,731South DakotaNationwide$3,898South DakotaNorth Star Mutual$3,278South DakotaState Farm$3,691South DakotaUSAA$4,191TennesseeAllstate$2,868TennesseeAuto-Owners$2,928TennesseeErie Insurance$4,723TennesseeFarmers$4,839TennesseeProgressive$2,676TennesseeState Farm$3,035TennesseeTennessee Farmers$2,853TennesseeTravelers$7,674TennesseeUSAA$2,688TexasFarmers$4,871TexasNationwide$6,730TexasProgressive$4,959TexasState Farm$4,482TexasUSAA$3,998UtahAmerican Family$1,490UtahAuto-Owners$2,282UtahFarmers$1,957UtahNationwide$1,570UtahState Farm$1,264UtahUSAA$2,824VirginiaAllstate$2,181VirginiaAmerican Family$1,213VirginiaErie Insurance$2,220VirginiaFarmers$4,434VirginiaNationwide$2,031VirginiaProgressive$1,687VirginiaState Farm$1,749VirginiaTravelers$6,284VirginiaVirginia Farm Bureau$1,315VermontAllstate$974VermontAuto-Owners$945VermontCo-operative Insurance$1,610VermontFarmers$2,492VermontState Farm$1,482VermontTravelers$3,590VermontUnion Mutual$1,524VermontUSAA$1,257VermontVermont Mutual$839WashingtonAllstate$1,321WashingtonFarmers$2,149WashingtonNationwide$1,235WashingtonPEMCO$1,309WashingtonState Farm$1,918WashingtonUSAA$2,816WisconsinAcuity A Mutual Ins Co$2,363WisconsinAllstate$1,509WisconsinAmerican Family$2,902WisconsinAuto-Owners$2,322WisconsinFarmers$2,379WisconsinNationwide$2,015WisconsinSecura Insurance$1,795WisconsinState Farm$1,764WisconsinUSAA$1,942WisconsinWest Bend Mutual$1,330West VirginiaAllstate$2,095West VirginiaAutomobile Club MI (AAA)$2,535West VirginiaErie Insurance$2,760West VirginiaNationwide$2,230West VirginiaProgressive$3,366West VirginiaState Farm$2,009West VirginiaUSAA$1,459West VirginiaWestfield Insurance$2,379WyomingAllstate$3,662WyomingFarmers$3,097WyomingNationwide$1,562WyomingState Farm$2,417WyomingUSAA$1,709 Frequently asked questions How to lower your insurance costs for $400,000 of dwelling coverage You can lower your home insurance costs for $400,000 worth of dwelling coverage in a number of ways. You can decrease how much liability coverage you need and increase the deductible, although both options could result in your paying more out of pocket for a claim. You could also ask your insurance company how to mitigate any risks to your home. For example, trimming large, overhanging tree branches – which could fall on your house and damage it during a storm – demonstrates that your home is less risky to insure. As mentioned above, installing a home security system could also lower your risk of a loss and result in lower rates. How to estimate the cost of $400,000 home insurance To estimate whether $400,000 is enough dwelling coverage for you, you need to calculate three things: how much it’ll cost to rebuild your home if it’s destroyed or damaged; the combined value of all your insurable property inside the home, and how much it would cost to replace it today; and how much you would expect to pay if you can no longer live in the home while it’s being repaired or rebuilt — referred to as “loss of use”. Zack Sigel  . .Zack Sigel is a writer and editor based in New York City. He has been managing editor at Policygenius and M1 Finance, where he led teams specialized in writing about business and finance, and he has also written about music and culture for Hyperallergic, VH1, Complex, and the Los Angeles Review of Books. Zack has a bachelor's degree from New York University, Tisch School of the Arts. In case you missed it What is HO-6 condo insurance and how much does it cost? 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Most Americans don’t 1/1 Related Articles Home insurance claims: How to file and what you should know By Chris Kissell How to calculate your home’s replacement cost By Nupur Gambhir Homeowners insurance basics By Shivani Gite How much does dog liability insurance cost and do you need it? By Lena Borrelli Condo insurance calculator: Estimate the cost of coverage By Jessica Olson Home insurance for older homes with knob and tube wiring By Erik Martin On this page How to use our $400,000 home insurance calculatorAverage home insurance cost for a $400,000 home$400,000 home insurance cost comparison for top 25 states in the U.S.$400,000 home insurance cost comparison for top 25 cities in the U.S.Key factors to calculate the cost of home insurance for $400K coverageWhat property features affect home insurance rates?Year-over-year costs for a $400,000 home insurance policyTop carriers for $400,000 home insurance in your stateFrequently asked questions ZIP Code Please enter valid ZIP See rates