Not having landlord insurance might be very costly and with the nationwide common price of Landlord insurance coverage being round $1,516 per yr, their actually is not a purpose to go with out protection.
The excellent news is that on this weblog publish we’ve included hyperlinks to all 50 state-specific articles with the intention to uncover which states have essentially the most reasonably priced landlord insurance coverage prices and charges.
How A lot Does Landlord Insurance coverage Value Per Month?
The nationwide common price of Landlord insurance coverage is round $126 per thirty days in the USA; nonetheless, remember the fact that your millage might range. Charges are state particular and firm particular as nicely so it is best to do a little analysis earlier than finalizing a coverage.
What Are The Most Reasonably priced States For Landlord Insurance coverage
The highest 5 most reasonably priced states for landlord insurance coverage are Oregon
“GO DUCKS” at $73.58/month, adopted by Utah, Idaho, Nevada, and Wisconsin.
| STATE | Month-to-month Premium |
|---|---|
|
Oregon |
$73.58 per thirty days |
|
Utah |
$76.08 per thirty days |
|
Idaho |
$80.41 per thirty days |
|
Nevada |
$80.83 per thirty days |
|
Wisconsin |
$84.83 per thirty days |
What Are The Most Costly States For Landlord Insurance coverage
The highest 5 most costly states for landlord insurance coverage are Louisiana at $207/month, adopted by Florida “GO GATORS“, Texas, Oklahoma, and Rhode Island.
| STATE | Month-to-month Premium |
|---|---|
|
Louisiana |
$207.00 per thirty days |
|
Florida |
$204.16 per thirty days |
|
Texas |
$203.66 per thirty days |
|
Oklahoma |
$202.50 per thirty days |
|
Rhode Island |
$169.83 per thirty days |
Common Value Of Landlord Insurance coverage Charges By State
|
STATE |
AVERAGE ANNUAL PREMIUM |
STATE |
AVERAGE ANNUAL PREMIUM |
|---|---|---|---|
|
$1,761 |
$1,546 |
||
|
$1,230 |
$1,961 |
||
|
$1,054 |
$970 |
||
|
$1,774 |
$1,230 |
||
|
$1,341 |
$1,511 |
||
|
$2,020 |
$1,344 |
||
|
$1,868 |
$1,651 |
||
|
$1,091 |
$1,379 |
||
|
$1,580 |
$1,616 |
||
|
$2,450 |
$1,093 |
||
|
$1,641 |
$2,430 |
||
|
$1,425 |
$883 |
||
|
$965 |
$1,179 |
||
|
$1,379 |
$2,038 |
||
|
$1,288 |
$1,605 |
||
|
$1,234 |
$1,600 |
||
|
$2,021 |
$1,540 |
||
|
$1,440 |
$2,444 |
||
|
$2,484 |
$913 |
||
|
$1,131 |
$1,169 |
||
|
$1,339 |
$1,283 |
||
|
$1,929 |
$1,101 |
||
|
$1,226 |
$1,213 |
||
|
$1,750 |
$1,018 |
||
|
$1,973 |
$1,484 |
||
|
$1,729 |
|
|
Be aware: Common charges are based mostly on non-binding estimates offered by information from the Nationwide Affiliation of Insurance coverage Commissioners (NAIC), your charges might range.
