Homeowners Insurance in Washington

Washington homeowner’s insurance rates are below the national average. Whether you choose to live in the city, coast, mountains or rural areas, your choice of insurance will vary. Factors that contribute to homeowner’s insurance in Washington include the square footage of your home, building materials used, surrounding property features, and the likelihood of natural disasters. Washington has plenty of potential for natural disasters, with Mount St Helens being the most famous example. The Cascade Range is comprised of many active volcanoes. The forests are susceptible to woodland fires, the coasts are at risk for ocean surges and landslides, and earthquakes are a normal occurrence – although most are small. Then, of course, there is average precipitation in the forms of rain and snow. Flood insurance is a prudent add-in for extra protection. Volcano, earthquake, and mold insurance are all options. So, how much is homeowner’s insurance in Washington? Here are some statistics on homeowner’s insurance rates in Washington: ● Least expensive city for homeowner’s insurance in Washington is Bremerton ● Most expensive city for homeowner’s insurance in Washington is Yakima ● The average annual cost of homeowner’s insurance in Washington is $822 ● The average monthly cost of homeowner’s insurance in Washington is $69 ● Percentage of homeowners occupied units spending 30% or more on rent and utilities is 36% ● Annual premium of most expensive homeowners’ insurance in the state by the city is $1293 ● Annual premium of the cheapest city in the state for homeowner’s insurance is $695

Homeowners insurance coverage in Washington has a few options. Basic Coverage provides a minimum coverage on your dwelling and personal property. It ensures against fire, lightning, vandalism, and theft. It typically covers repair or replacement of your damaged or destroyed home, including attachments, such as garages, decks and other structures. Additional coverage may be needed if you have multiple dwellings, use any structures for a home-based business, or rent out any structures on your property. Personal property is generally covered for the used value. Policies often cover loss of use or additional living expenses if your house is damaged or destroyed and you need another place to stay. There may be limited coverage from damage to trees, plants, or shrubs. Coverage is usually limited to sudden and accidental damages. General wear and tear are not covered. Depending on location, Washington residents will want to investigate extra coverages, including earthquake insurance, flood insurance, mold insurance and volcano coverage. Damage from land movement or landslides is not typically covered. Evaluate your location and current situation and choose the coverage that fits your needs. Many people buy too little or too much coverage, so reading the fine print and asking yourself what the homeowner’s insurance cover in Washington is essential.

There are several top-rated homeowner's insurance companies in Washington. Some have personal service, local offices, online applications and 24 out of 7 claim filings. Here are a few of the best homeowner's insurance companies in Washington. With a J.D. Power rating of 5 out of 5 stars and an A+ Better Business Bureau ranking, Amica ranks high in coverage options and service. Liberty Mutual, State Farm, Nationwide and Farmers are all well-known, national companies that cover many homes in Washington. Rates vary with plenty of discount opportunities and no-hassle claims-management services. USAA consistently ranks high for military families and veterans. Travellers and Allstate also have high overall customer satisfaction scores. Chubb covers higher-end homes. A lesser-known option is Mutual of Enumclaw. They have excellent rates, good customer service, and various options, including a robust wildfire monitoring and protection system. In Seattle and Spokane, Geico homeowner's insurance in Washington has agents ready to talk about Evergreen State residents' specific coverages. This is not an exhaustive Washington homeowner's insurance companies list by any means, as most major companies offer quotes. It is a good idea to talk to several agents to find the best fits your needs.