Average homeowners insurance cost in Tacoma, WA

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In Tacoma, homeowners pay an average annual rate of $1,635 (for the coverage level of $300,000 for dwelling, $100,000 for liability protection, and $1,000 deductible), according to Insure.com’s rate analysis. It’s $947 less than the national average of $2,582.

Homeowners insurance rates change from one home to another. The home insurance premium in Tacoma depends on various factors, such as:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To ensure you secure the best homeowners insurance policy, compare quotes from multiple insurers, enabling you to find the right coverage that aligns with your specific requirements.

Read this guide to learn how much homeowners insurance costs monthly in Tacoma, what home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Tacoma.

Key takeaways

The average cost of homeowners insurance in Tacoma is $1,635 per year.
Allstate is the cheapest homeowners insurance company in Tacoma with an average annual premium of $984.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $362 more a year for home insurance.

Average homeowners insurance cost in Tacoma per month

Residents of Tacoma pay an average of $136 a month for homeowners insurance, as per Insure.com’s rate analysis. It’s $3 more than the state average of $133 and $79 less than the national average for home insurance across the United States.

The cost of your homeowners insurance policy in Tacoma may change based on location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house in Tacoma

Homeowners insurance for dwelling coverage of $200,000 and liability protection of $100,000 costs $1,273 per year in Tacoma, WA. Numerous factors influence your annual home insurance rates, including any natural disaster or event in your locality. For instance, certain regions have a higher risk of natural calamities such as floods, hurricanes, or tornadoes, implying higher expenses for rebuilding in these areas. These increased rebuilding expenses result in increased insurance premiums.

It is important to note that your insurance plan may not cover flood or hurricane damages. So, if you reside in an area prone to flooding, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in Tacoma

According to a rate analysis by Insure.com, homeowners in Tacoma pay an average of $1,635 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $362 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Tacoma by Company

Among the carriers analyzed, Allstate is the cheapest homeowners insurance company in Tacoma. It’s average annual rate for Tacoma homeowners is $984. Nationwide ranks second and PEMCO makes it to the third spot with an average annual home insurance rate of $1,037.

Before choosing a homeowners insurance policy, it is important to do some research on the company. Our experts have analyzed all the insurance companies across Tacoma and prepared a list of the cheapest home insurance providers. You can find below the Tacoma home insurance companies and their average annual premium.

Home Insurance Company	Annual rate
Allstate	$984
Nationwide	$1,007
PEMCO	$1,037
Farmers	$1,750
State Farm	$1,491
USAA*	$2,310

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Tacoma for $300,000 dwelling coverage, $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.