Federal Way, WA homeowners insurance is approximately $511 to $694, about $42-$57/month. Our all inclusive analysis indicates shoppers can save upto $240 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Federal Way, WA | Homeowners Insurance Agency Near Federal Way, WA | Address |
|---|---|---|
| State Farm | Jean Wall | 8520 Evanston Ave N Ste 101, Seattle, WA, 98103-3896 |
| State Farm | Kevin Hayward | 700 Slatr Kiney Rd SE Ste A, Lacey, WA, 98503-1113 |
| State Farm | Kristin Gopal | 6450 Southcenter Blvd, Ste 108, Tukwila, WA, 98188-2552 |
| Farmers | Scott Ramage | 1400 Airport Way S, Seattle, WA, 98134 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Federal Way-Auburn CCD, King County, Washington | $75 | $100 | $150 |
| Lakeland North CDP, Washington | $76 | $101 | $151 |
| Lakeland South CDP, Washington | $76 | $101 | $151 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Federal Way, WA | 2.7% | 8.6% |
| Federal Way-Auburn | 2.66% | 8.32% |
| Lakeland North | 2.64% | 7.37% |
| Lakeland South | 2.6% | 8.54% |
| Federal Way Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 238 | 1.0% | $789 |
| $300 to $499 | 146 | 1.0% | $1239 |
| $500 to $749 | 1,497 | 10.0% | $1914 |
| $750 to $999 | 5,294 | 36.0% | $2664 |
| $1,000 to $1,499 | 5,179 | 36.0% | $3789 |
| $1,500 or more | 1,930 | 13.0% | $5439 |
| Streets in Federal Way Area | Homeowners Insurance Cost |
|---|---|
| S 326th Pl, 39th Pl SW, SW 316th Pl, S 273rd St, SW 314th St, 20th Ave Ct, 313th St SW, S 280th St, S 316th Ln, 16th Pl SW | $602 |
| SW 334th Pl, S 258th St, S 287th Pl, S 319th St, S 370th Ct, Redondo Beach Dr S, 50th Pl SW, SW 311th Ct, SW 350th Pl, SW 344th Pl | $598 |
| SW 306th Ln, S 301st Pl, SW 314th Pl, 45th Pl SW, S 361st St, 22nd Pl SW, S 279th St, SW 349th Pl, 19th Ln SW, S 286th Ln | $597 |
| SW Campus Dr, S 308th Ln, 10th Ct SW, SW 310th St, 20th Ct S, SW 347th Way, 40th Ct SW, S 356th St, 38th Pl SW, 43rd Pl SW | $609 |
| S 283rd St, 28th Pl SW, SW 320th Pl, S 358th St, S 348th St, 24th Pl SW, 17th Ct S, S 308th Pl, S 297th St, 2nd Ct S | $609 |
| S 355th Pl, S 299th Pl, SW 334th St, 14th Pl S, S 333rd St, 48th Cir SW, S 309th St, S 325th Pl, S 380th Pl, Merion Way | $580 |
| SW 369th St, SW 322nd Pl, SW 310th St, 29th Ct SW, S 300th Pl, SW 307th Pl, 315th Pl, S 314th Pl, SW 324th St, S 343rd St | $604 |
| S 283rd Pl, SW 329th St, S 328th Ln, S Peasley Canyon Rd, 50th Ln S, S 290th Pl, S 338th Pl, SW Century Blvd, S 272nd Pl, 22nd Pl SW | $586 |
| S 269th St, S 274th Pl, Redondo Way, S 281st St, S 298th Pl, S 368th Pl, Merlyn Dr, S 340th St, SW 345th St, S 301st Pl | $592 |
| SW 338th St, S 317th St, S 266th Pl, S 281st St, SW 324th Pl, SW 299th Pl, SW 311th Pl, SW 304th St, 225th Ln SW, 25th Dr S | $598 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Federal Way | $90 to $92 |
| Federal Way-Auburn | $90 |
| Fife Heights | $92 |
| Dash Point | $100 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $1,800 |
| Yearly Federal Way Homeowner Insurance Premium Example | $800 | $600 |
| Out of Pocket Expense During Claim | $800 | $1,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $7,200 | $6,600 |
| Net Savings to Federal Way Home Owner from High Deductible Plan | $600 | |
| Scenario | Federal Way, WA Home Replacement Value MORE than Home Value | Federal Way, WA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $315,500 | $217,500 |
| Insurance Premium based on Replacement Value | $825 | $575 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $27,000 | Risk Exposure from Under Insuring Coverage is $71,000 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $50/year |
| Insurance Company | American Family Insurance | State Farm | Nationwide Insurance |
| Monthly Premium | 167 | 47 | 57 |
| Year Built | 1996 | 2005 | 1970 |
| Home Details | 5 Beds, 2 Baths | 2 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $600000-$700000 | $200000-$250000 | $250000-$300000 |
| Deductible | $500- $1000 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |