Olympia Insurance Rates:

Olympia, WA home insurance is approximately $510 to $690, about $42-$57/month. Our comprehensive research shows customers can save as much as $240 by getting different quotes

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Olympia Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $80/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $195,000

2 Beds, 2 Bath 1550 sqft Rental Property Constructed In 1986 with Linoleum, Composition Roof, Piers Foundation, Stone Siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

73 Years old Divorced Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $260/8 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $205,000

3 Beds, 3 Bath 1280 sqft Seasonal Residence Constructed In 1992 with Carpet over wood flooring, Tile Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $140/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $230,000

4 Beds, 4 Bath 1720 sqft Vacation Property Constructed In 1982 with Hardwood Flooring, Asphalt Shingles Roof, Piers Foundation, Vinyl siding, Stucco Construction. Home Features Include Central Air Conditioning, Swimming Pool, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $620/7 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $675,000

5 Beds, 5 Bath 4950 sqft Seasonal Residence Constructed In 2002 with Carpet over wood flooring, Tile Roof, Chainwall Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Fire Extinguisher, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $1010/9 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $410,000

4 Beds, 4 Bath 3320 sqft Seasonal Residence Constructed In 2003 with Wood Flooring, Membrane Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Fire Extinguisher, Swimming Pool, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

61 Years old Single Female who has a Full Time Job with household income of $50-$75,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $90/4 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $170,000

3 Beds, 3 Bath 1540 sqft Primary Residence Constructed In 1990 with Ceramic Tile Flooring, Shingles Roof, Piers Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Smoke Alarm, Fire Extinguisher, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

33 Years old Married Male who has a Part Time Job with household income of $25-50,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $260/1 month for $75,000-$100,000 Coverage
Policy Holder Home Details :

Home Value : $115,000

1 Bed, 1 Bath 864 sqft Primary Residence Constructed In 1983 with Ceramic Tile Flooring, Wood Shake Roof, Piers Foundation, Stucco siding, Wood Frame. Home Features Include Fireplace, Fire Extinguisher, Swimming Pool, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

42 Years old Single Male who has a Full Time Job with household income of $50-$75,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

Olympia, WA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
98502 $319,300 $620
98501 $280,200 $610
98512 $268,800 $620
98516 $267,900 $610
98513 $240,900 $610

Olympia Rates & Quotes Analysis:

Olympia Area Estimated House Insurance
4th Ct SE, 80th Ave SE, Anton Ct SE, Clark Pl SE, Oak Ave NE, Wilderness Ct SE, James St SE, Jefferson St NE, 36th Ave NE, Stanfield Rd SE$612
Israel Rd SW, Columbia St SW, Paddington Ln SE, Bonshaw Ct SE, Enterprise Dr NE, Riverview Dr SE, 4th Ave E, Chambers St SE, 6th St SE, Foxtail Ct SE$604
Tri Lake Dr SE, Pat Kennedy Way SW, Jamestown Ln SE, Springwood Ave NE, Fiesta St SW, Corral Ln SE, Virginia St SE, Compass St, Hollywood Dr NE, 50th Ct SE$596
Sapp Rd SW, 33rd Ct NE, 72nd Ave NE, Holiday Dr SE, 16th Ln NE, Thornbury Pl SE, Somerset Hill Dr SW, Atchinson Dr SE, Westlake Dr SE, Craney Ct SE$618
45th Ave SE, Sarazen St SE, Paul St, 72nd Ave NE, N 6th Ave SW, Portstewart Ln SE, Southglen Ave SE, Schoth St SW, Riverlea Dr SE, Humphrey St SE$615
Cambridge Ln SW, Edison St SE, Fire Ct SE, Country Club Loop NW, Muirhead Ave NW, Pleasant Forest Rd, Union Ave SW, 11th Ave SW, Glen Mary Dr SE, 54th Ave SE$589
Mount Tahoma Ct SE, Samurai Dr SE, Quince St SE, Kempton St SE, Swanee Cir SE, Kwan Tupso Ln SW, Sawyer St NE, Charter Ln SW, Everest Ct SE, 20th Ave NW$580
63rd Ave NE, 77th Trl SE, Glen Mary Ln SE, 42nd Ave SE, Westminster Dr NE, 32nd Ave SE, Wesley Loop NW, Morse Merryman Rd SE, Buckingham Dr SE, 33rd Ln NW$614
62nd Ave NW, Hancock Ct SE, Mc Cormick Way SE, 56th Ave SE, 33rd Ct SE, Sapp Rd SW, Budd Ct NE, Sugar Maple Ln SE, Lakeshore Ln SE, Arietta Ave SE$587
Buckingham Ct SE, Prine Dr SW, Stead Ln NE, Carpenter Ct SE, 89th Ave SE, Sunset Beach Dr NW, Cedrona Pl NW, Susan Ct SE, Hayes St SW, 68th Ave SE$613

Insurance rates are influenced by a number of factors including:

  • Year Built: 11,140 Homes (15% of total) built between 1980 to 1989 in Olympia are paying home insurance between $897-$906 and varies from Anderson Island (+$19), Olympia West (+$26), DuPont (+$14), Lacey (-$10) and Tanglewilde (-$17).
  • Bedrooms: 10,677 4 bedrooms homes (15% of total homes ) in Olympia are paying about $571. Areas near to Olympia such as Anderson Island, Olympia West, DuPont are costlier by $13, $18, $10 respectively whereas Lacey and Tanglewilde are more economical by $5, $10 respectively for similar homes.
  • Auto Insurance Bundling: 18,111 Households (43% of all households) in Olympia have 2 vehicles available and when it is bundled with home insurance you can save $120 in contrast with Lacey ($119), Tanglewilde ($118), Tumwater ($119).
  • Senior Discounts: 21,156 seniors (more than 55 years) occupied housing units (51% of total) in Olympia get discounts between $89 to $92. The comparative concessions in proximate regions such as Lacey, Tanglewilde and Nisqually Indian Community are $89, $88 and $87 respectively.
  • New Homes discounts: New homes such as the 30,558 homes built between 2000 to 2009 in Olympia can save $120 compared to Lacey ($119), Tanglewilde ($118), Tumwater ($119).

Olympia Homeowners insurance Facts

  • Olympia, WA has 41,406 owner occupied houses which is 62.3% of all units whereas Lacey, Tanglewilde and Tumwater have 56.66%, 60.8% and 52.74% respectively.
  • Olympia, WA homeowners yearly insurance price at $601 is 0.23% of the typical house value of $255,800 which is in contrast with 0.26% in Lacey, 0.28% at Tanglewilde & 0.24% in Tumwater.
  • Homeowners in Olympia, WA pay 0.8% of their income ($75,000 or more) in insurance whereas homeowners in Lacey, Tanglewilde and Tumwater pay 0.79%, 0.79% and 0.8% respectively.
  • Olympia, WA’s insurance is 2.8% of monthly housing costs of $1,790/month, for owners with a mortgage compared to 2.84% in Lacey, 3.1% at Tanglewilde & 2.89% in Tumwater. But, for households without a mortgage, insurance is 9.8% of costs ($512 in Olympia, WA) in contrast with 10.9% in Lacey, 9.58% at Tanglewilde & 10.19% in Tumwater.

Olympia, WA Home Values & Insurance rates

For example, insurance for 8,180 Homes (23.0% of total homes ) valued between $250,000 to $299,999 in Olympia, WA is about $643. Rates in nearby areas in such as Anderson Island, Olympia West, DuPont are cheaper by $103, $136, $87 respectively while Lacey and Tanglewilde are costlier by $59 and $112 respectively for similar homes.

Olympia, WA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,367 6.0% $54
$100,000 to $124,999 646 1.0% $258
$125,000 to $149,999 1,156 3.0% $318
$150,000 to $174,999 2,379 6.0% $378
$175,000 to $199,999 3,210 9.0% $438
$200,000 to $249,999 9,162 26.0% $528
$250,000 to $299,999 8,180 23.0% $643
$300,000 to $399,999 7,279 20.0% $817

Renters Insurance in Olympia

  • Average Renters Insurance in Olympia :  $163($13/month)

  • Median Gross Rent in Olympia :  $976

  • Olympia Renters Insurance to Median Rent Ratio:  1.33%

  • Average household size of renter-occupied unit :  2.25

Olympia Renters Insurance as a Percentage of Rent

Olympia Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 380 1.0% $340
$200 to $299 483 1.0% $790
$300 to $499 589 2.0% $1240
$500 to $749 3,782 15.0% $1915
$750 to $999 7,755 31.0% $2665
$1,000 to $1,499 8,154 33.0% $3790
$1,500 or more 3,334 13.0% $5440

Rent Affordability in Olympia:

Approximately 43.0% (10,791) of households are spending more than 35% of their income on gross rent in Olympia

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 2,651 10.0%
15.0 to 19.9 percent 3,518 14.0%
20.0 to 24.9 percent 3,135 12.0%
25.0 to 29.9 percent 2,704 10.0%
30.0 to 34.9 percent 2,219 8.0%
35.0 percent or more 10,791 43.0%

Olympia Renters Insurance Discounts:

Olympia Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Olympia, WA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 11,311 45.0% $16.3
2 vehicles available 8,386 33.0% $24.45
3 or more vehicles available 2,054 8.0% $32.6

Protective device discount in Olympia Up to :  $24

Claims-free discount in Olympia Up to :  $32