Seattle Homeowners Insurance

Find cheap home insurance in Seattle


A critical consideration for every homeowner should be insurance coverage for your home. Along with your home furnishings and other belongings, homeowners insurance covers your dwelling against many perils, including fire, wind damage, vandalism, and theft. Given the relatively frequent occurrence of these incidents and the sizeable cost of replacing a home, having a home insurance policy is a solid investment.

What you pay for homeowners insurance is dependent on a number of factors. These include your dwelling's value, the value of your personal belongings, and the cost of the materials used to build your home. The location of your home also contributes to the price of your homeowners insurance policy. In areas prone to perils likefrozen pipes, hail, windstorms, or wildfires, home insurance rates may be higher to account for the extra risk. Discover more about what is covered by a homeowners insurance policy.

If you want to find cheap homeowners insurance in Seattle, start with looking around and comparing policies. Take a look at the summary below showing average homeowners insurance rates in Seattle to begin your homeowners insurance search with as much knowledge as possible. Remember: your homeowners insurance costs may vary based on your coverage limits and other factors.


Seattle, Washington, homeowners insurance — table of contents:
  1. Rates by insurer
  2. Rates by coverage level
  3. Rates by ZIP code
  4. Rates by deductible amount
  5. Bundling discounts

Homeowners insurance in Seattle by insurance company

Homeowners insurance rates in Seattle vary from one insurance company to another. The most affordable home insurance in Seattle is Safeco offering average annual rates at just $277 per year. This is considerably cheaper than the city’s average homeowners premium of $2,249.

Start your search for a home insurance policy by reviewing the cheapest companies in Seattle, Washington, listed below.


AFFORDABLE HOME INSURANCE COMPANIES IN SEATTLE
CompanyAverage Annual Rate
Safeco$277
PEMCO Insruance$521
Grange Insurance$545
Travelers$627
Allstate$703

Average homeowners insurance costs in Seattle by coverage amount

The amount of homeowners coverage you select has an impact on your insurance premiums. In Seattle, carrying $200K dwelling coverage costs an average of $1,747, while carrying additional coverage up to $400K costs $1,221 per year.


HOMEOWNERS INSURANCE RATES IN SEATTLE — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$100K Dwelling$488
$200K Dwelling$1,747
$250K Dwelling$838
$400K Dwelling$1,221

Compare Homeowners Insurance Rates

Seattle home insurance rates by ZIP code

Home insurance costs can vary depending on what part of Seattle in which you live. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, the location of your home could have a huge impact in what you pay for insurance.

To find the most affordable homeowners insurance premiums in Seattle, look no further than 98109. In the 98109 area, homeowners coverage usually costs just $964 per year — a full $1,285 less than the Seattle average. The below table shows the best places to live in Seattle if you’re looking for affordable homeowners insurance.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN SEATTLE
ZIP CodeAverage Annual Home Insurance Rate
98109$964
98107$965
98119$967

Some parts of Seattle, however, are prone to home insurance premiums that are higher on average. Such areas might face a higher danger of perils such as fires or severe weather events. Similarly, they may also have a higher rate of crimes such as burglary or vandalism. With an annual average premium of $1,123, 98168 comes in as the priciest ZIP code in Seattle for home insurance.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN SEATTLE
ZIP CodeAverage Annual Home Insurance Rate
98168$1,123
98195$1,116
98144$1,102

Home insurance deductibles in Seattle

One of the many choices to be made when buying a homeowners insurance policy is how high to set your deductible. A deductible is the amount for which a homeowner is responsible before an insurance company steps in to cover costs. Choosing where to set your deductible can have a major impact on how much you pay for homeowners insurance.

When thinking about your deductible, a good rule of thumb is that the lower your deductible, the higher your premiums. As such, if you want your insurance rates to remain low, aim for a higher deductible. Be mindful of the fact that your deductible should only be as high as you can reasonably pay if you suffer a loss.

The following table reveals the average premiums affiliated with most deductibles.


HOMEOWNERS INSURANCE PREMIUMS BY DEDUCTIBLE IN SEATTLE
Deductible LevelAverage Annual Home Insurance Rate
$500$926
$1,000$838
$1,500$790
$2,000$730
$5,000$624

Money-saving tip: bundle home and auto insurance in Seattle

If saving money is your main concern, you might purchase insurance for your home and auto through the same insurance company. Bundling homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. By bundling your policies, Seattle homeowners could see annual savings of 11% on average.


CHEAPEST AUTO INSURANCE RATES WITH HOME BUNDLE IN SEATTLE
CompanyAvg. Annual Auto Insurance Rate (With Bundle)
PEMCO Insruance$851
USAA$910
Progressive$1,043
GEICO$1,128
State Farm$1,140

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money.


Find an Insurance Policy

Kristine Lee LinkedIn

Kristine is a licensed insurance agent and one of The Zebra’s in-house content strategists. With a background in copywriting, she covers the ins and outs of the home and car insurance industries. She has been a contributor to numerous publications focused on the nuances of insurance, including BestCompany.com.