The Cost of Insuring Your Home in King County, WA, is $1,175

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The average cost of insuring one’s home in King County, WA, can cost around $1,175. This rate can vary depending on numerous factors such as the age of the home, age of its occupants, the neighborhood one lives in, and the rate of deductibles. The above infographic explores the rate of home insurance in various locations in and around King County. Below, vHome Insurance explores factors that influence the cost of home insurance in King County.



An important factor determining the cost of home insurance is the rate of deductibles. Opting for a high deductible on home insurance can lead to a reduction in its cost, while a low deductible leads to more expensive home insurance. For example, paying a low deductible of, say $500, can reduce the cost of home insurance by just $14, while paying a higher deductible, say $2,500 can lead to discounts of up to $331.


The construction type of your house is another important factor in determining the cost of home insurance in King County. Home insurance companies are trying to lend a hand in reducing the carbon footprint by providing discounts to green homes. In King County, homes that have a superior construction type fetch discounts of up to $106, reducing the cost of home insurance to $1,069. A fire-resistive construction type can fetch a discount of up to $153. This reduces the cost of home insurance to $1,022.


Having a swimming pool at home can prove to be expensive in terms of home insurance. The cost of home insurance increases by at least $24 if it has a swimming pool. A swimming pool with a slide or a diving board can further add to your premium. The former leads to an increase of $71, while the latter leads to an increase of $47.


The age of the house also has a direct impact on the cost of home insurance. Home insurance companies provide discounts to newer homes. The cost of insuring a new home can be as low as $1,022 since companies provide discounts of up to $300. 

Homeowners Insurance New Mexico

Average Homeowners Insurance in New Mexico: $700

Median Home Price in New Mexico: $197,000

New Mexico homeowners insurance rates in December 2013 stood at an average of $700 as compared to $700 in November 2013.

Insurance Premium Saving Tips in New Mexico

Bundle your insurance:

Bundling home and car insurance in New Mexico with the same provider will have approximately $70 to $105 of savings in New Mexico

Safety Systems:

Having safety systems at home can save up to $123 in New Mexico

New Home:

If your home was built within the past 10 years in New Mexico, you could save up to $140

Senior Discounts:

Senior citizens (55 or older) in New Mexico could save approximately $140

Homeowners insurance cost by coverage

CoverageAverage homeowners insurance cost($)
$49,999 and Under533
$50,000 to $74,999691
$75,000 to $99,999719
$100,000 to $124,999730
$125,000 to $149,999748
$150,000 to $174,999775
$175,000 to $199,999821
$200,000 to $299,999922
$300,000 to $399,9991,132
$400,000 to $499,9991,349
$500,000 and Over1,893

Renters insurance cost by coverage

CoverageAverage renters insurance cost($)
$13,999 and Under124
$14,000 to $19,999170
$20,000 to $25,999181
$26,000 to $31,999189
$32,000 to $37,999179
$38,000 to $43,999201
$44,000 to $49,999198
$50,000 to $74,999223
$75,000 to $99,999 271
$100,000 and Over372

Home Insurance Monthly Trends

The below graph compares New Mexicos home median prices against, renters and owners home insurance average rates in New Mexico.
Place Home Insurance Cost Savings
Zuni, NM$552 to $766$263
Canova, NM$536 to $723$252

View all home insurance agents in new-mexico