Olympia Insurance Rates:

Olympia, WA homeowners 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. Enter your zipcode below and click “GO” to get multiple free quotes.

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How to Save on Homeowners Insurance in Olympia, WA

In Olympia,WA homeowners pay an average home insurance rate of $778. Homeowners in Olympia can use discounts offered by different companies to reduce their rates further. To save money on your monthly payments homeowners can take advantage of discounts offered by some of the leading insurers in town like Nationwide and State Farm for a lower cost than what is currently being charged.


A newly constructed Olympia home can enjoy $210 off on homeowners insurance. Houses are at their lowest propensity to damage when they're new, which is why companies offer attractive discounts for these homes as well. In contrast, older houses attract higher rates of repair and maintenance costs - a cost that's reflected in the price of your homeowner’s insurance premium and leads them to be charged an additional fee. For instance Olympia homes older than 40 and 50 years receive an additional charge of $20 and $30, respectively, on home insurance.

Homeowners in Olympia pay an additional amount of $16 on their insurance premiums by installing a swimming  pool. Installing self-latching and self-closing gates around the pool also benefits your insurance rates and insurance companies provide discounts for the same. Additionally, senior citizens receive discounts on home insurance rates so it is a perk  that a household has at least one person over 50 years old living there.Homeowners who don't smoke or live with smokers may be eligible for an additional discount from certain companies too.

Although most of the factors that determine discounts cannot be controlled by  homeowners, they can benefit most by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles. Olympia, WA homeowners paying a high deductible of $2,500 can avail of a discount of $219.4 on homeowners insurance. Homeowners receive discounts of $183.76 and $123.39, respectively, on deductibles of $2,000 and $1,500.

Homeowners in Olympia who have a claims-free history with their home insurance company can receive discounts on their premiums.Homeowners with prior claims can pay more for factors such as the number and type of claims. By providing a history of zero claim, homeowners save money on their premiums in Olympia, WA by $326.76 or $124.48 respectively based on two fire damage incidents or water-damage incidents they have experienced previously.

Save on Olympia, WA, Home Insurance Using These Discounts

In Olympia, Washington, homeowners pay an average home insurance rate ranging between $510 to $690. Olympia homeowners can use the discounts offered by home insurance companies to reduce their home insurance rates. Below is a list of the discounts provided to Olympia homeowners that they can take advantage of to save on home insurance.


Newly constructed Olympia homes can avail of discounts of up to $210 on homeowners insurance. New homes have a low propensity to damage. As a result, home insurance companies offer substantial discounts to newly built homes. In contrast, older homes attract higher insurance rates. Olympia homes older than 40 and 50 years receive an additional charge of $20 and $37, respectively, on home insurance.

Home insurance companies consider the lifestyle of homeowners to determine insurance rates. If all the household residents are non-smokers, insurance companies offer special discounts on home insurance rates. Olympia homeowners who own a swimming pool attract an additional insurance cost of up to $47. Installing a fence around the pool with self-latching and self-closing gates will help homeowners get discounts from home insurance companies. Additionally, senior citizens in Olympia also receive discounts on home insurance.

Although most of the factors to avail discounts are not under the purview of homeowners, they can still benefit by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles. Olympia homeowners opting for a high deductible of $2,500 can avail of a discount of $219 on homeowners insurance. Homeowners receive discounts of $183 and $123, respectively, on deductibles of $2,000 and $1,500. Olympia homeowners save an average of $600 on a high deductible of $1,700 compared to a standard deductible of $700 for a lock-in period of 8 years.

Home insurance companies provide discounts to homeowners who have a claims-free history. On the other hand, homeowners with prior claims can attract an additional charge on their home insurance premiums. The cost of home insurance in Olympia increases by up to 44% based on the nature and number of claims. Olympia homeowners who have a history of two fire claims and two water claims attract an additional charge of $326 and $256, respectively.

Olympia, WA Homeowners Insurance By Home Value

Olympia, WA Home Value Total Homes % of Total Average Olympia, WA 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

Top Home Insurance Agents Near Olympia, WA

Home Insurance Company Near Olympia, WA Homeowners Insurance Agency Near Olympia, WA Address
NA Lance Maitland 2122 Sw 305Th Street Federal Way, Federal Way, WA, 98023
Allstate Island Insurance Center Inc 17804 Vashon Hwy SW, Vashon, WA, 98070
Allstate Jay Milsten 400 S Meridian Ste 1A, Puyallup, WA, 98371
Travelers Propel Insurance - Bremerton 60 Washington Ave 60 Washington Ave, Bremerton, WA, 98337
Farmers Robert Archer 32129 Weyerhaeuser Way S Ste 102, Federal Way, WA, 98001

Olympia, WA Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Olympia, WA

Streets in Olympia Area Homeowners Insurance Cost
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

Olympia, WA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Olympia$89 to $92
Nisqually Indian Community$87

Olympia, WA Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Lacey city, Washington $89 $119 $179
Tanglewilde CDP, Washington $89 $118 $177
Tumwater city, Washington $89 $119 $179

Olympia, WA Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Olympia, WA2.8%9.8%

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

Olympia, WA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Olympia Homeowner Insurance Premium Example $700$500
Out of Pocket Expense During Claim$700$1,700
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $6,300$5,700
Net Savings to Olympia Home Owner from High Deductible Plan $600

Olympia, WA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Olympia, WA Home Replacement Value MORE than Home Value Olympia, WA Home Replacement Value LESS than Home Value
Replacement Value $407,500 $301,500
Insurance Premium based on Replacement Value $1,375 $1,025
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $53,000 Risk Exposure from Under Insuring Coverage is $53,000
Premium Impact Insurance cheaper by $175/year Insurance costlier by $175/year

Example Olympia Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company State FarmLiberty MutualFarmers Insurance
Monthly Premium 972859
Year Built 200419921980
Home Details 5 Beds, 2 Baths2 Beds, 1 Baths4 Beds, 2 Baths
Coverage Amount $600000-$700000$125000-$150000$350000-$400000
Deductible $5000 to $10,000 Deductible$2500-$5000 Deductible$5000 to $10,000 Deductible

Sample Home Insurance Rates for Olympia, WA from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2013 280,000 Wood Shake Roof 2,540 5 $2500-$5000 Deductible 350 9 Brick siding yes
1992 365,000 Composition Roof 2,240 3 $5000 to $10,000 Deductible 150 3 Wood siding No
2003 340,000 Membrane Roof 2,090 3 $5000 to $10,000 Deductible 380 5 Stone Siding yes
2011 430,000 Metal Roof 3,270 4 > $10,000 Deductible 610 9 Stucco siding No
1989 260,000 Tile Roof 1,660 3 $500 Deductible 720 9 Brick siding yes
1992 545,000 Asphalt Shingles Roof 4,040 5 $500- $1000 Deductible 950 8 Vinyl siding No
1999 250,000 Wood Shake Roof 2,130 4 $500 Deductible 150 2 Wood siding No
2013 505,000 Shingles Roof 4,440 5 > $10,000 Deductible 540 8 Brick siding yes
1984 490,000 Slate Shingles Roof 4,210 5 $2500-$5000 Deductible 1000 12 Stone Siding No
1981 355,000 Shingles Roof 2,570 4 $1000-$2500 Deductible 300 4 Stucco siding yes
1990 375,000 Membrane Roof 2,580 5 > $10,000 Deductible 50 1 Brick siding No
1991 605,000 Membrane Roof 4,850 5 $1000-$2500 Deductible 1060 7 Stone Siding No
1998 370,000 Wood Shake Roof 2,790 5 > $10,000 Deductible 240 6 Wood siding yes
2011 220,000 Wood Shake Roof 1,630 3 $500- $1000 Deductible 260 5 Brick siding No
2000 355,000 Metal Roof 2,940 5 $2500-$5000 Deductible 60 1 Fiber-Cement Siding yes
2013 400,000 Tile Roof 3,150 4 $2500-$5000 Deductible 140 2 Wood siding yes
1999 145,000 Wood Shake Roof 1,210 2 $1000-$2500 Deductible 300 9 Brick siding yes
1981 315,000 Slate Shingles Roof 2,760 4 $2500-$5000 Deductible 480 9 Stucco siding yes
1985 200,000 Metal Roof 1,370 2 $1000-$2500 Deductible 70 2 Stone Siding yes
1987 260,000 Wood Shake Roof 1,890 5 $2500-$5000 Deductible 270 6 Fiber-Cement Siding yes
1999 150,000 Wood Shake Roof 1,210 3 $1000-$2500 Deductible 130 4 Vinyl siding No
2009 205,000 Membrane Roof 1,280 3 $1000-$2500 Deductible 120 3 Stone Siding yes
1986 365,000 Metal Roof 2,910 4 $5000 to $10,000 Deductible 40 1 Stucco siding yes
1986 195,000 Composition Roof 1,550 2 $5000 to $10,000 Deductible 80 2 Stone Siding No
1992 205,000 Tile Roof 1,280 3 $5000 to $10,000 Deductible 260 8 Stucco siding No
1982 230,000 Asphalt Shingles Roof 1,720 4 $2500-$5000 Deductible 140 3 Vinyl siding No
2002 675,000 Tile Roof 4,950 5 > $10,000 Deductible 620 7 Stucco siding yes
2003 410,000 Membrane Roof 3,320 4 $500 Deductible 1010 9 Stucco siding yes
1990 170,000 Shingles Roof 1,540 3 $5000 to $10,000 Deductible 90 4 Stucco siding yes
1983 115,000 Wood Shake Roof 864 1 $500- $1000 Deductible 260 1 Stucco siding yes

Latest Home Insurance Reviews

I would recommend them to homeowners. I have had all positive experiences thus far, and I am very happy with the customer service. They are helpful and easy to get in contact with.
American Family
American family insurance does not have enough offices. my agent is not located very close to the town i live it so it is not always possible to see him face to face.
American Family
One thing about insurance and not just my insurance company but all of them. they tend to be stingy. it's not even the agent it's the adjusters. when you go thru a loss for example a fire you want extra just for your troubles but no. it's pretty cut and dry
State Farm
I'm not really sure what State Farm has that other insurance companies don't have. I think they are all pretty similar.
They are generally a well known company that offers insurance packages for auto home, etc. You are getting pretty similar service to all of the other carriers that are out there now.
Mutual Of Enumclaw
My home insurance offers a bundle discount if i also insure my cars, boat or other vehicles. this makes things a bit more affordable.
Liberty Mutual
Deductible is roughly average compared to other, similar home insurance policies. Premiums are not inexpensive, but are a good value in relation to coverage offered and service to the policy holder.
American Family
The customer service has been top notch. I have my agent’s cell phone number, so I get great service every time, If I need assistance of some sort.
State Farm
State farm's customer service is excellent. Whenever i have filed a claim they are extremely responsive, fair, and make sure the necessary repairs were done.
State Farm
I'd definitely recommend them, especially if you can bundle your car and home. The customer service is generally pretty good, the coverage is excellent and it's not super expensive for such a big company.
Encompass Insurance
The policy offerings of Encompass seem to be similar to other insurance carriers. I would say they all seem to be about equal there.
I think my insurance company's customer service is fine. I will admit, however, that I have never needed to contact them as I have never had a claim or a billing issue, therefore I consider myself lucky.
Liberty Mutual
I would absolutely recomend Liberty mutual because they offer great rates, customizable coverage and excellent customer service every time I call.
Compared to the other companies it is looking better and the best insurance company because they are giving all the information regarding the insurance policy in a detailed manner without any restriction.
State Farm
State farm has become very business-like, seeming to want more of our dollars. every time i turn around they are offering another product and soliciting our business.
American Family
I don't really use it so I don't have a lot to say about it. When I want information or need to contact them I call the local office.
State Farm
I like how trusting the site is 24 hour assistance reliable, very honest about policy discounts for future years very open to discuss tells the truth does not lie, reasonable price great, mobile app great reminders great discounts, for bundle reliable website is very easy to use chat on website forums on website for help doesn't lie doesn't push sales on you doesn't push auto, overall very great company
Farmer's Insurance
I do not have a problem with any of their customer service because anytime we have had a claim, they are prompt and fair about compensation. We seem to not care for the actual agent over the actual customer service department.
State Farm
State Farm is the best and most reliable insurance company there is. State farm is always there when I need them and they always answer my call. State farm is like a good friend that I can trust.
American Home Insurance
very good and loyalty.competitive advantage through stronger relationships and optimized cross-channel experiences.
American Family
The interaction and communication with my insurance company have been superb. Never have any troubles talking to anyone and they are always very nice to me.
State Farm
They have good customer service so naturally, this part would also be great as well. I am really happy with the company and how they go about things.
good pricing, website easy to use
State Farm
There are very few things That I dislike about the company besides the fact that the premiums are a little high but I am getting a lot for my money so to speak.
Farmer's Insurance
I would recommend Farmers to other people because I have been treated very well over the years.
I would recommend Geico for your home insurance. Even though I haven't had to file a claim, the service I received when purchasing the policy was outstanding.
State Farm
overall I am very happy. insurance companies aren't the easiest to deal with and its always a bad thing when you have to file a claim. but they are good
Prices are very good to pay and control the price of the room, are very favorable for customers who want and want, are very quick to answer and may be of your choice.
American Family
I like everything about my insurer. Having over 25 years of experience doing commercial brokerage insurance myself, I recognize quickly if an agent just wants to get numbers or are they really interested in doing business with you.

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