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Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Updated Nov 07, 2022 Find your perfect provider
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Collapse Caret Up Washington, D.C. homeowners are in luck - average home insurance rates are relatively low, at $897 per year for $250,000 in dwelling coverage, according to Bankrate's 2022 study of quoted annual premiums. Compared to the average cost of home insurance in the nation as a whole, $1,383 per year, D.C. homeowners pay about 35% less annually. If you're shopping for the best Washington, D.C. homeowners insurance, Bankrate's research might help you find the options that work for your needs. Collapse On This Page
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Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first. On This Page
Washington, D.C. homeowners are in luck - average home insurance rates are relatively low, at $897 per year for $250,000 in dwelling coverage, according to Bankrate's 2022 study of quoted annual premiums. Compared to the average cost of home insurance in the nation as a whole, $1,383 per year, D.C. homeowners pay about 35% less annually. If you're shopping for the best Washington, D.C. homeowners insurance, Bankrate's research might help you find the options that work for your needs. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Washington, D.C. homeowners are in luck - average home insurance rates are relatively low, at $897 per year for $250,000 in dwelling coverage, according to Bankrate's 2022 study of quoted annual premiums. Compared to the average cost of home insurance in the nation as a whole, $1,383 per year, D.C. homeowners pay about 35% less annually. If you're shopping for the best Washington, D.C. homeowners insurance, Bankrate's research might help you find the options that work for your needs. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Washington, D.C. homeowners are in luck - average home insurance rates are relatively low, at $897 per year for $250,000 in dwelling coverage, according to Bankrate's 2022 study of quoted annual premiums. Compared to the average cost of home insurance in the nation as a whole, $1,383 per year, D.C. homeowners pay about 35% less annually. If you're shopping for the best Washington, D.C. homeowners insurance, Bankrate's research might help you find the options that work for your needs. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Best home insurance companies in Washington D C
To discover which might be the in Washington D.C., Bankrate compared the largest companies by market share in the area. First, we analyzed average annual premium information for 2022 from . We also reviewed third-party ratings for customer satisfaction and financial strength, before finally looking at each carrier's coverage offerings, discounts and digital assets. We combined these metrics into a Bankrate Score on a 5.0 scale. The closer to a 5.0 score a company has, the more highly that company ranked in our research methodology. Choosing a carrier with a higher score might mean you gain access to high customer satisfaction, good financial strength ratings and robust policy features, such as a mobile app or online portal. Home insurance company Bankrate score Average annual premium for $250K in dwelling coverage J.D. Power score 4.8 $822 882/1,000 [State Farm]( 4.7 $1,031 835/1,000 4.4 $831 801/1,000 3.9 $1,025 829/1,000 3.7 $914 800/1,000 *Not officially ranked by J.D. Power due to eligibility restrictions This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage Leaving so soon Your custom quotes are just minutes away
Return to form Key takeaways North Carolina homeowners pay an average of $1,317 per year for a policy with $250,000 in dwelling coverage. North Carolina Farm Bureau and Travelers offer some of the cheapest average rates in the state. You may want to consider the specific types of common damage in your area when shopping for North Carolina home insurance. USAA earns the highest J.D. Power score for customer satisfaction, although the company's limited eligibility renders it technically rank-ineligible. While the in Washington D.C. are competitive, USAA does have strict eligibility requirements. You must be an active member of the military, an immediate family member or a veteran in order to qualify for coverage. If you do meet these requirements, you may have access to a multitude of military-friendly policy options, including uniform coverage. Learn more: State Farm
State Farm is the largest home insurance company in the nation by market share, so it could be a good choice for Washington, D.C. homeowners insurance if you are looking for a well-established carrier. Additionally, State Farm has several local agencies in D.C., which may appeal to those who like to handle their coverage face-to-face. However, State Farm has the highest average annual premium on our list and advertises fewer discounts than some competitors. Learn more: Chubb
Chubb could be a great option for high-value Washington, D.C. home insurance or for high-net worth clients in general. Chubb has options geared specifically for , including the Masterpiece policy. This policy includes several perks, including risk consulting and a cash settlement option. However, Chubb has one of the lowest J.D. Power scores on our list, suggesting that its clients may not always be satisfied with its service. Learn more: Allstate
While the average Allstate home insurance premium for Washington, D.C. is higher than the area's overall average, rates are below the national average rate for $250,000 in dwelling coverage. In addition, the customer service ratings and policy customization options from the carrier are both strong. Allstate offers a wide range of policy add-ons, including coverage options for your sports equipment, yard and garden equipment, and identity theft protection. Learn more: Travelers
Travelers also earns an exceptional A++ AM Best financial strength rating, indicating sound historical financial strength. Travelers provides multiple coverage options for a homeowners policy, including green home coverage, which will pay the difference to repair or rebuild your home with eco-friendly materials after a covered loss. Travelers has the lowest J.D. Power score on our list, though, so be sure to take that into consideration when shopping. Learn more: How much is home insurance in Washington D C
The average annual in Washington D.C. is $897, significantly less than the national average of $1,383 for the same $250,000 dwelling coverage. Washington D.C. is prone to natural disasters, such as storms and hail, similar to other states in the mid-Atlantic region. However, Washington D.C. boasts a lower average cost versus its neighbors. For instance, Virginia averages $924 annually; Maryland is even more expensive, with an average of $1,136 per year. Keep in mind that rates vary between Washington, D.C. homeowners insurance companies and based on your own personal rating . You may pay more or less than the area average. Home insurance in Washington D C
Before you finalize a decision regarding your Washington, D.C. homeowners insurance, consider what kinds of damage your home may sustain. Volatile weather, flooding and higher crime rates could influence the coverage types that you need for your policy. Washington D C common causes of loss
Since 1953, the Federal Emergency Management Agency (FEMA) has declared in the Washington D.C. area. Understanding which disasters occurred can help you tailor your home insurance policy to your circumstances. Common disasters in the area include: : Like many other areas of the country, D.C. experiences severe summer weather, which can bring heavy rain, high winds and hail. These storms can damage a home's siding and roof, which may lead to interior water damage. : All of D.C. is at a , according to FEMA. Flooding can cause extensive damage to a home in a relatively short period of time, and is not covered by standard home insurance policies. : Although hurricanes don't travel as far north as D.C. too terribly often, it does happen. Hurricanes can bring devastating winds and rain, as well as dangerous levels of flooding. : Damage happens in the winter, too, with heavy snow potentially causing roof damage to homes. Extreme cold can also cause pipes to freeze and burst, leading to water damage. In addition to these natural disasters or hazardous conditions, other factors - such as - can impact the amount of loss in the area. Home insurance coverage options in Washington D C
Now that you know a bit about the common causes of damage in D.C., you may be able to choose additional coverage more thoughtfully. In addition to the on homeowners insurance policies, D.C. homeowners may want to consider the following optional coverage types: : A standard homeowners insurance policy does not cover damage caused by flooding. While a few carriers offer flood coverage as an endorsement, it's much more common to purchase a separate policy. You can purchase from the National Flood Insurance Program (NFIP) or from some private carriers. : Commonly offered as an endorsement and sometimes called "water backup" or "sump pump backup" coverage, this option provides coverage for damage to your home if water backs up into your sewer or drain lines. : Our increasingly digital world may come with conveniences, but it also makes identity theft easier. This coverage option provides you with financial protection for the costs to restore your identity. Coverage options vary by provider, so be sure to talk to your agent about the endorsements you'll most benefit from. Frequently asked questions
To find the in Washington D.C., it may help to compare and receive insurance quotes from each. The rates from one carrier to another vary greatly. Another option is to review all available discounts you may qualify for with each carrier to ensure you are taking advantage of each one.
Not legally, no. No state or city legally requires homeowners to carry a homeowners insurance policy. However, it is common for mortgage lenders to require home insurance as a part of their underwriting processes. This means that if you have a mortgage or another type of home loan, you'll probably have to buy home insurance. Even if you own your home, most financial experts agree that home insurance is a smart purchase.
It depends on your situation. The largely depends on the specific characteristics of your home, like the square footage, age and special features. Most insurance companies have a tool that can help calculate the replacement cost of your home so that you can insure your dwelling for the amount you would need to rebuild. Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $250,000 Coverage B, Other Structures: $25,000 Coverage C, Personal Property: $125,000 Coverage D, Loss of Use: $50,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required). These are sample rates and should be used for comparative purposes only. Your quotes will differ. Bankrate Score
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support. To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody’s had the most impact on the companies’ Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider. While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores. Written by Cate Deventer Insurance Writer & Editor Cate Deventer is a writer, editor and insurance professional with over a decade of experience in the insurance industry as a licensed insurance agent. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand.