Spokane Insurance Rates:

Spokane, WA home insurance is nearly $495 to $670, about $41-$55/month. Our extensive research reveals consumers can save as much as $233 by getting multiple quotes

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Spokane Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $630/10 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $235,000

4 Beds, 4 Bath 2140 sqft Rental Property Constructed In 1965 with Hardwood Flooring, Composition Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Swimming Pool, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Single Female who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $180/7 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

3 Beds, 3 Bath 1450 sqft Seasonal Residence Constructed In 1964 with Carpet Flooring, Shingles Roof, Piers Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Fireplace, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

66 Years old Divorced Female who is a Freelancer with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $210/8 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $210,000

4 Beds, 4 Baths 1880 sqft Seasonal Residence Constructed In 1942 with Linoleum, Composition Roof, Slab Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Central Air Conditioning, Copper Water Pipes, Fireplace, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

64 Years old Married Male who is Unemployed and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $420/1 month for $175,000-$200,000 Coverage
Policy Holder Home Details :

Home Value : $175,000

3 Beds, 3 Baths 1665 sqft Primary Residence Constructed In 1997 with Hardwood Flooring, Wood Shake Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

56 Years old Divorced Male who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

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Spokane Rates & Quotes Analysis:

Spokane Area Estimated House Insurance
W Sunset Blvd, W Mallon Ave, S Alder Dr, N Oberlin Rd, W Upton Ave, N College Rd, E Montgomery Dr, E Orchid Ave, N Wilding Dr, W Brookfield Ct$577
E Salisbury Ln, N Lynwood St, N Sipple Rd, N Arc St, Bella Vista Ln, S Ranch Park Ln, E Sumner Ave, E 64th Ave, E Dean Ave, S Bluff Rd$609
S Mamer Rd, W Houston Rd, N Cambridge Dr, N Byrd St, N Espe Rd, S Dickinson Dr, W Millbury Dr, E Galaxy Ln, W Gardner Ave, S Morrill Ct$565
S Godfrey Blvd, West Carolina Way, E Hula Ct, W Decatur Ave, S Cheryl Ct, N Potomac Ln, S Glenrose Frontage Rd, W Falcon Ave, N Elgin St, E Girard Ct$578
N Pine Ct, W Lincoln Pl, W Hoerner Ave, W Jefferson Ct, E 56th Ave, W 20th Ave, N Julia St, E Saltese Rd, S Kaniksu Ct, E Diana Ct$612
E Greta Ave, W Christi Dr, N Upriver Dr, E Mohawk Dr, E Angela Ct, E Radco Ave, S Johnson St, E 20th Ct, S Bella Vista Dr, Fowler Rd$610
S Oak St, W Dogwood Ave, N Steen Ln, E Mead St, S Gillis Rd, S Ben Garnett Way, N Yale Ct, E View Ridge Ln, W Spokane Falls Blvd, W Wedgewood Ave$613
S Old Shafer Ln, N Coach Ct, W Horizon Ave, W Sussex Ct, S Thor Ct, Decatur Ave, N E St, S Soda Rd, S Beige Ln, N Sherwood St$585
W Elliot Dr, W Crown Ave, S Canyon Woods Ln, S Sunnybrook Rd, S Progress Ct, E 58th Ln, S Vicari Rd, E Cambridge Ln, N Mayhew Rd, N Morrill Rd$609
E Woodcliff Rd, E Sunflower Ln, S Adams Rd, N Van Marter Rd, W Maxine Ave, S Park Rd, N Morrow Ct, S Pine St, N Whipple Ct, W Princeton Ave$575

Insurance rates are influenced by a number of factors including:

  • Year Built: 30,649 Homes (19% of total) built between 1939 or earlier in Spokane are paying home insurance between $1,245-$1,254 in contrast with Country Homes (+$18), Mead (+$11), Spokane South (+$64), Four Lakes (-$19) and State Line(ID) (-$253).
  • Bedrooms: 28,165 4 bedrooms homes (18% of total homes ) in Spokane are paying about $560. Areas near to Spokane such as Country Homes, Spokane South, Green Bluff are costlier by $3, $23, $21 respectively whereas Spokane County and Millwood are more economical by $4, $3 respectively for similar homes.
  • Auto Insurance Bundling: 38,466 Households (43% of all households) in Spokane have 2 vehicles available and when it is bundled with home insurance you can save $116. Discounts for similar bundling in close by locations such as Spokane County, Millwood, Town and Country come to $117, $116, $116 respectively.
  • Senior Discounts: 43,116 seniors (more than 55 years) occupied housing units (49% of total) in Spokane get discounts between $87 to $89. The comparative concessions in proximate regions such as Spokane County, Country Homes and Spokane South are $87, $88 and $91 respectively.
  • New Homes discounts: New homes such as the 58,408 homes built between 2000 to 2009 in Spokane can save $116 and similar new home insurance discounts in nearby towns and cities like Spokane County, Millwood and Town and Country are $117, $116 and $116 respectively.

Spokane Homeowners insurance Facts

  • Spokane, WA has 87,960 owner occupied houses which is 60.3% of all units whereas Spokane County, Millwood and Town and Country have 64.26%, 66.44% and 69.59% respectively.
  • Spokane, WA homeowners yearly insurance price at $583 is 0.33% of the typical house value of $179,100 which is in contrast with 0.31% in Spokane County, 0.34% at Millwood & 0.34% in Town and Country.
  • Homeowners in Spokane, WA pay 2.59% of their income ($20,000 to $24,999) in insurance whereas homeowners in Spokane County, Millwood and Town and Country pay 2.6%, 2.58% and 2.58% respectively.
  • Spokane, WA’s insurance is 3.6% of monthly housing costs of $1,350/month, for owners with a mortgage compared to 3.5% in Spokane County, 4.0% at Millwood & 3.68% in Town and Country. But, for households without a mortgage, insurance is 11.5% of costs ($424 in Spokane, WA) in contrast with 11.36% in Spokane County, 12.72% at Millwood & 13.02% in Town and Country.

Spokane, WA Home Values & Insurance rates

For example, insurance for 1,727 Homes (2.0% of total homes ) valued between $80,000 to $89,999 in Spokane, WA is about $274. Rates in nearby areas in such as Spokane County, Mead, Spokane South are cheaper by $17, $28, $109 respectively while Millwood and Town and Country are costlier by $16 and $10 respectively for similar homes.

Spokane, WA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 3,582 4.0% $75
$70,000 to $79,999 1,307 1.0% $239
$80,000 to $89,999 1,727 2.0% $274
$90,000 to $99,999 2,691 3.0% $308
$100,000 to $124,999 8,967 10.0% $355
$125,000 to $149,999 10,650 12.0% $443
$150,000 to $174,999 12,206 14.0% $524
$175,000 to $199,999 10,003 12.0% $606
$200,000 to $249,999 14,798 18.0% $728
$250,000 to $299,999 7,902 9.0% $891
$300,000 to $399,999 6,941 8.0% $1136

Renters Insurance in Spokane

  • Average Renters Insurance in Spokane :  $213($17/month)

  • Median Gross Rent in Spokane :  $744

  • Spokane Renters Insurance to Median Rent Ratio:  2.28%

  • Average household size of renter-occupied unit :  2.16

Spokane Renters Insurance as a Percentage of Rent

Spokane Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 831 1.0% $353
$200 to $299 1,798 3.0% $803
$300 to $499 6,225 11.0% $1253
$500 to $749 19,809 35.0% $1928
$750 to $999 15,021 26.0% $2678
$1,000 to $1,499 9,990 17.0% $3803
$1,500 or more 2,712 4.0% $5453

Protective device discount in Spokane Up to :  $31

Claims-free discount in Spokane Up to :  $42

Spokane, WA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
99223 $244,600 $600
99203 $239,200 $600
99224 $230,600 $600
99218 $219,200 $600
99208 $217,700 $600
99204 $212,600 $590
99206 $188,700 $590
99216 $185,700 $590
99217 $173,700 $590
99212 $163,800 $580
99205 $144,100 $580
99201 $142,500 $580
99202 $138,700 $580
99207 $120,900 $570