Average homeowners insurance cost in Vancouver, Washington

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Our data shows that the average cost of homeowners insurance in Vancouver is $1,519 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1,000 deductible). It’s $1,063 less than the national average of $2,582 .

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Vancouver depend on several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

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

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

Key Takeaways

The average cost of homeowners insurance in Vancouver is $1,519 per year.
Nationwide is the cheapest homeowners insurance company in Vancouver with an average annual premium of $934 .
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $327 more a year for home insurance.

Average homeowners insurance cost per month

Residents of Vancouver pay an average of $127 per month for homeowners insurance. This is $6 less than the state average of $133 and $88 less than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Vancouver can vary depending on your location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house

Homeowners insurance with $200,000 in dwelling coverage and $100,000 in liability protection costs about $1,192 per year in Vancouver. Your rate can vary based on a number of factors, especially the risk of natural disasters in your area. Places more prone to floods, hurricanes, or tornadoes often face higher rebuilding costs, which leads to higher insurance premiums.

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

Average homeowners insurance cost for a $300,000 house

Homeowners in Vancouver typically pay an average of $1,519 annually for a home insurance policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, your home insurance rates will rise by $327 . You should purchase enough insurance to cover the entire cost of rebuilding your home. The required amount of dwelling coverage can vary based on factors such as the size of your home, its features, and the cost of living in your area.

Average homeowners insurance cost in Vancouver by company

Among the carriers we analyzed, Nationwide is the most affordable homeowners insurance company in Vancouver. Its average annual rate for homeowners in Vancouver is $934 , while Allstate ranks second.

Research on the company is essential before selecting a homeowners insurance policy. Insure.com has thoroughly examined all insurance companies operating in Vancouver and compiled a list of the most affordable home insurance companies.

Below are details of Vancouver home insurance companies and their average annual premiums.

Home Insurance Company	Annual rate
Nationwide	$934
Allstate	$1,051
PEMCO	$1,090
Farmers	$1,377
State Farm	$1,356
USAA*	$2,399

*USAA is only available to military community members and their families.

Combining your home insurance with other policies, like auto insurance, can result in significant savings. Insurers often provide discounts to policyholders who bundle their policies, helping you reduce premiums. Bundling lowers your premiums and simplifies managing your insurance with one company.

Natural disasters in Washington that can impact your home insurance

Living in Washington means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

Washington is commonly affected by Landslide and Volcanic activity.

How home insurance protects you against natural disasters

Home insurance is an essential safeguard for your financial well-being, offering protection if you’re affected by a natural disaster. Natural disasters can lead to costly damage, but the right policy can help cover the cost of repairs, sparing you from major out-of-pocket costs. In many cases, home insurance also pays for temporary living expenses if you can’t live in your home.

However, not all natural disasters are covered under a standard home insurance policy. For example, flood and earthquake damage are excluded and require separate coverage. That’s why it’s so important to understand the specific natural disaster risks in your area. By doing so, you can choose a policy that truly protects your home – and your finances – from the threats that are most likely to affect you.

Check for coverage gaps before it’s too late

Many homeowners find out too late that their insurance doesn’t cover certain natural disasters. Be proactive – review your policy, ask your insurer about disaster-specific exclusions, and explore additional protection if you’re in a high-risk zone.

Methodology

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

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.