Tacoma Insurance Rates:

Tacoma, WA homeowners insurance is nearly $506 to $685, about $42-$57/month. Our exhaustive guide indicates shoppers can save as much as $238 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Tacoma, WA Homeowners Insurance Cost

Tacoma homeowners are paying an average of $1415 in home insurance each year. Factors that affect the cost of a policy include coverage type, deductible and age or material used to build your house. In general it is difficult to compare rates across providers since premiums can vary significantly based on factors like the amount you want covered (coverage) and how willing you are to pay out-of-pocket costs before receiving any compensation from your insurer (deductible).Below is the summary of average home insurance costs available to Tacoma Homeowners based on the coverage and other variables.

Tacoma, Home Insurance Cost for different Deductibles.

Tacoma_WA_Homeowners_Insurance_Cost

Homeowners can buy cheap home insurance rates based on the coverage. The amount that is covered for an individual by their service provider, correlates to how much they want to be cover and higher amounts of coverage come with a cost; meaning homeowners will have higher monthly premiums if they choose more protection from their insurer.Tacoma homeowners paying a coverage of $1,00,000  can avail of home insurance for $277.69 . Homeowners receive insurance for $1584.85 and $2028.61, respectively, on coverages $400,000 and $500,000.

There are many ways to save money on home insurance, and choosing a high deductible is one of the easiest. Homeowners in Tacoma can get $533 worth of coverage for as little as $2500 with an attractive discount available by opting for higher deductibles.Homeowners receive insurance for $568 and $625 respectively, on deductibles $2000 and $1500.

When it comes to home insurance, new developments are often cheaper and more common than older homes. This is especially true in Tacoma where newly constructed houses can avail lower insurance rates because newer buildings have a lesser threat of damage from potential events like fire or theft. As a result, home-insurance companies offer substantial discounts for recently built properties. For Instance newly constructed Tacoma homes can avail lower insurance of $1061 since newly built homes have a lesser threat of damage. As a result, home insurance companies offer substantial discounts to newly constructed homes. On the other hand, older homes attract higher insurance rates, since they are more prone to damage. As a result, Tacoma homes older than 40 and 50 years receive an additional cost of $762 and $771, respectively.

The house's construction type is considered an integral factor in determining the cost of home insurance by insurance companies. The more resistant your house is to damage, the less is the average insurance cost.For example, if the house is built with a fire-resistive, homeowners in Tacoma can avail of the insurance for an average cost of $639. Insurance companies in Tacoma offer home insurance for $706 for homes built with Masonry and Brick. Homes constructed with superior and hail resistant roofs attract a higher amount $676 and $721 respectively.

Apart from the standard features that insurance companies look for when determining rates, homeowners can get cheap home insurance rates from their providers based on the security features they have.Homeowners with good security features or seniors in the household will be offered lower prices for their coverage.

Tacoma, WA, Best Home Insurance Companies

In Tacoma, Washington, homeowners pay an average home insurance rate of $743, which is almost half of the national average premium of $1,438. Tacoma homeowners can narrow down the best home insurance companies by considering various factors. Below are the top 5 home insurance companies in Washington by market share.

tacoma_wa_best_home_insurance_companies

State Farm

State Farm is the most prominent company in Washington, occupying the majority of the market share with 17.01%. The renowned home insurance company has written direct premiums worth $311,354. It has earned direct premiums worth $303,989. State Farm holds a financial strength rating of A++ from A.M. Best for its superior financial capacity to grant potential claims of current Tacoma policyholders. It also received a customer satisfaction score of 4/5 from J.D. Power based on the feedback collected from policyholders.

Liberty Mutual

According to NAIC, Liberty Mutual holds a market share of 13.70% in Washington. The home insurance company has direct premiums written worth $250,842, and direct premiums earned worth $242,419. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant potential claims of current policyholders. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D. Power.

Farmers

Farmers is another major player in the insurance segment holding a market share of 10.39% in Washington. The company has direct premiums written for a total value of $219,834. It has earned direct premiums worth $216,145. Farmers holds a financial strength rating of A+ for their superior financial ability to grant claims of current Tacoma policyholders. According to customer feedback curated by J.D. Power, Farmers received a customer satisfaction rating of 3/5.

Allstate

Allstate occupies 9.51% of the home insurance market in Washington. It has written direct premiums of $174,162, and earned direct premiums of $171,396. Allstate has the superior financial ability in granting potential claims of current Tacoma policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power’s customer feedback survey.

USAA

Even though USAA only offers its services to veterans, active, and retired military personnel, it has managed to hold a market share of 8.61%. It has direct premiums written worth $157,564, and direct premiums earned worth $151,660. USAA is the only home insurance company other than State Farm to receive a financial strength rating of A++ for its superior financial ability in granting claims of current Tacoma policyholders. It also holds a perfect customer satisfaction score of 5/5 from J.D. Power.

Tacoma, WA Homeowners Insurance By Home Value

Tacoma, WA Home Value Total Homes % of Total Average Tacoma, WA Homeowners Insurance
Less than $50,000 4,517 5.0% $59
$100,000 to $124,999 2,951 3.0% $274
$125,000 to $149,999 4,112 5.0% $345
$150,000 to $174,999 8,771 11.0% $405
$175,000 to $199,999 9,382 11.0% $470
$200,000 to $249,999 19,665 24.0% $566
$250,000 to $299,999 14,861 18.0% $691
$300,000 to $399,999 13,295 16.0% $882

Top Home Insurance Agents Near Tacoma, WA

Home Insurance Company Near Tacoma, WA Homeowners Insurance Agency Near Tacoma, WA Address
Travelers All Pro Risk Management Inc 3047 78TH AVE SE STE 202, MERCER ISLAND, WA, 98040
Farmers Darren Balmores 15 S Grady Way Ste 110, Renton, WA, 98057
Travelers Superior Underwriters Inc A Div Of Groninger 2027 152ND AVE NE, REDMOND, WA, 98052
Liberty Mutual Independent Trc Insurance 12015 115TH AVE NE STE 240, KIRKLAND, WA, 98034
State Farm Tyler Mcclung 2022 Meridian Ave E, Edgewood, WA, 98371-1018

Tacoma, WA Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Tacoma, WA

Streets in Tacoma Area Homeowners Insurance Cost
Carmel Ln NE, Chambers St, E Homestead Ave, Martin Luther King Jr Way, Maywood St, 6th St E, 8th Ave, 141st Street Ct S, Holly Hedge Ln SW, View St W$582
79th St SW, Glenelg St, 66th Ave Ct W, 103rd St S, S Gove St, S American Lake Blvd, Division Ln, 107th Street Ct S, 19th Ave Ct S, E 75 St$584
56th Avenue Ct SW, Gordon Chesney Rd, Garfield St, N C St, N Freemont Cir, 26th St W, Sharon St SW, 16th Avenue Ct E, Broadway Plz, Harbor Ridge Rd NE$600
75th Avenue Ct W, E 50th St, Arrowhead Rd SW, 68th Stct W, 74th St W, 10th Ave Ct S, S Wright Ave, N 47th St, N 36th St, Mount Rainier Blvd S$578
176th Street Ct E, S 23rd St, N Lexington St, 59th Street Ct E, Manor Dr, N 14th St, Westridge Ave W, Interlaaken Dr SW, 173rd St S, 70th Ave Ct W$603
N Vista View Dr, Lakewood Dr W, Nyanza Ln SW, Cheyenne Loop Rd S, Oak Park Dr SW, 18th Avct E, N E 58th St, 4th Ave Ct E, 68th St E, N 43rd St$593
49th St W, 7th Street Ct E, N 43rd St, N L St, Dash Point Blvd NE, Industry Dr E, Broadmoor Dr NE, 14th Avenue Ct E, 34th Avct S, 79th Stct E$606
S Stevens St, 38th Ave SW, 50th Street Ct W, 115th St Ct E, E 53rd St, 82nd St Ct, Ruby Dr SW, Marti St, S Geiger Cir, Willow Ln W$607
112th Ave SW, N C St, 63rd Street Ct W, Butte Dr SW, E 66th St, St Paul Ave, Duryea Ln S, Todd Rd NE, E Division Ct, 99th Street Ct$589
Madrona Dr NE, Madison St E, 100th Street Ct E, 15th Ave S, Ward St, 70th Avenue Ct SW, 87th St S, N Alder St, Violet Meadow St S, 113th St SW$592

Tacoma, WA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Tacoma$89 to $91
Midland$87
Fircrest$91
Waller$90

Tacoma, 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
Midland CDP, Washington $88 $117 $176
Fircrest city, Washington $92 $122 $183
Waller CDP, Washington $90 $120 $180

Tacoma, 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
Tacoma, WA2.8%9.4%
Midland3.16%10.26%
Fircrest2.62%8.84%
Waller2.58%8.97%

Tacoma Renters Insurance as a Percentage of Rent

Tacoma Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,286 1.0% $344
$200 to $299 1,330 1.0% $794
$300 to $499 2,973 3.0% $1244
$500 to $749 16,989 22.0% $1919
$750 to $999 22,853 30.0% $2669
$1,000 to $1,499 19,875 26.0% $3794
$1,500 or more 9,732 12.0% $5444

Tacoma, WA Homeowners Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
98403 $410,200 $650
98422 $332,000 $630
98467 $318,200 $620
98407 $308,500 $630
98465 $299,200 $620
98402 $283,000 $620
98406 $277,500 $610
98443 $260,500 $610
98405 $203,200 $600
98408 $188,400 $590
98404 $183,600 $590
98409 $182,300 $580

Tacoma, WA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,200$3,200
Yearly Tacoma Homeowner Insurance Premium Example $1,400$900
Out of Pocket Expense During Claim$1,200$3,200
Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim $9,600$8,600
Net Savings to Tacoma Home Owner from High Deductible Plan $1,000

Tacoma, WA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Tacoma, WA Home Replacement Value MORE than Home Value Tacoma, WA Home Replacement Value LESS than Home Value
Replacement Value $225,500 $157,000
Insurance Premium based on Replacement Value $800 $550
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $44,500 Risk Exposure from Under Insuring Coverage is $24,000
Premium Impact Insurance cheaper by $100/year Insurance costlier by $150/year

Example Tacoma Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceState FarmAmica Mutual Insurance Company
Monthly Premium 432928
Year Built 199219722013
Home Details 3 Beds, 1 Baths5 Beds, 4 Baths2 Beds, 1 Baths
Coverage Amount $175000-$200000$150000-$175000$175000-$200000
Deductible $1000-$2500 Deductible$2500-$5000 Deductible$2500-$5000 Deductible

Sample Home Insurance Rates for Tacoma, 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 260,000 Slate Shingles Roof 2,000 5 $1000-$2500 Deductible 120 2 Fiber-Cement Siding yes
1960 315,000 Asphalt Shingles Roof 2,760 4 $500 Deductible 490 7 Stucco siding No
1993 230,000 Composition Roof 1,660 2 $500 Deductible 430 7 Fiber-Cement Siding No
1964 180,000 Composition Roof 1,470 2 $5000 to $10,000 Deductible 70 3 Vinyl siding yes
2000 235,000 Asphalt Shingles Roof 2,210 3 > $10,000 Deductible 220 9 Stucco siding No
1940 285,000 Composition Roof 1,850 4 $500- $1000 Deductible 440 6 Wood siding No
2009 230,000 Membrane Roof 2,050 3 $500- $1000 Deductible 450 10 Wood siding yes
1965 190,000 Metal Roof 1,750 2 $500 Deductible 560 10 Fiber-Cement Siding yes
1971 180,000 Wood Shake Roof 1,350 2 $1000-$2500 Deductible 30 1 Brick siding yes
1964 155,000 Membrane Roof 1,390 2 $1000-$2500 Deductible 340 12 Stucco siding yes
1942 535,000 Membrane Roof 3,580 5 $5000 to $10,000 Deductible 540 5 Wood siding yes
1983 220,000 Slate Shingles Roof 1,530 2 $500- $1000 Deductible 360 8 Wood siding No
2000 135,000 Membrane Roof 1,010 2 $1000-$2500 Deductible 40 1 Stone Siding yes
1949 245,000 Wood Shake Roof 2,160 5 $2500-$5000 Deductible 350 10 Fiber-Cement Siding No
1984 310,000 Slate Shingles Roof 2,280 5 $2500-$5000 Deductible 560 10 Brick siding yes
2000 460,000 Composition Roof 4,060 5 $1000-$2500 Deductible 220 3 Stone Siding No
1971 180,000 Slate Shingles Roof 1,630 4 $1000-$2500 Deductible 390 9 Wood siding No
1980 145,000 Composition Roof 1,200 2 $1000-$2500 Deductible 190 8 Fiber-Cement Siding yes
2002 160,000 Wood Shake Roof 1,360 2 $5000 to $10,000 Deductible 60 2 Wood siding No
1983 205,000 Shingles Roof 1,920 3 $5000 to $10,000 Deductible 90 3 Wood siding yes
2014 205,000 Slate Shingles Roof 1,460 2 $2500-$5000 Deductible 140 3 Fiber-Cement Siding yes
2012 265,000 Shingles Roof 2,620 4 $500- $1000 Deductible 270 5 Fiber-Cement Siding No
2010 250,000 Asphalt Shingles Roof 1,900 3 $2500-$5000 Deductible 240 5 Stucco siding No
1990 220,000 Wood Shake Roof 1,600 2 > $10,000 Deductible 50 2 Stucco siding No
1944 530,000 Composition Roof 4,600 5 $5000 to $10,000 Deductible 790 10 Wood siding yes
1948 350,000 Composition Roof 2,340 3 $2500-$5000 Deductible 370 5 Fiber-Cement Siding No
2013 135,000 Shingles Roof 1,270 2 $500 Deductible 180 8 Fiber-Cement Siding yes
1962 375,000 Membrane Roof 2,460 5 $5000 to $10,000 Deductible 770 10 Vinyl siding No
1986 135,000 Shingles Roof 1,000 2 $500- $1000 Deductible 150 4 Fiber-Cement Siding No
2000 17,700,000 Tile Roof 2,229 4 $500 Deductible 8630 3 Wood siding yes

Latest Home Insurance Reviews

American Family
I've gotten good service from American Family. The local agent is very good about explaining what can best handle my needs, and does a good job at finding better programs within my policy.
State Farm
State Farm is a huge company made up of local people who care about their communities.
Liberty Mutual
The home insurance with the policies provided by them was well satisfied and they are really different from the other one such it is more satisfy by their services and schemes.
Progressive
I have had home owners insurance for 3 years. The rates are decent, but have not called them for anything yet.
Progressive
The price seems to be inline with others and we get a discount for using auto and home bundled together.
State Farm
I RECOMMEND THIS COMPANY FOR HOME INSURANCE BECAUSE I USED IT FOR MANY YEARS, ITS SERVICE IS VERY GOOD TO FOLLOW. NO MORE EXTRA AMOUNTS ARE DEDUCT FROM THIS SO I RECOMMEND.
Metlife
It is a little more expensive than some of the other companies I looked at, but I don''t mind paying a little more for a trusted/reputable company's services. Everything has been fine so far.
Farmer's Insurance
It offers Equipment breakdown, water backup coverage, service line coverage and even computers.
Farmer's Insurance
When i file a claim they are very concern over my welfare and how fast the claim can be paid or another car be bought. they seem to actually care about how this would affect me in my life.
Metlife
I hate it when i have to call them, as they are often not very friendly, they put you on hold and transfer you from department to department.
Metlife
I like that they are priced below the competition. i was able to get a good rate with them. i can also update my billing info and add coverage as and when needed
Allstate
I am pleased with the service that Allstate home insurance provides in terms of their website. It is very easy to navigate and I am easily able to find the information that I need in order to solve any problems I am facing.
State Farm
I like that the insurance agent I have is very friendly and is able to break down my policy, which I feel covers a lot for the price, very well and enough for me to understand it.
State Farm
I don't use a customer service line for my contact needs with the company, I prefer to speak with our agent directly if I have the need.
Progressive
The company was responsive when switching to them but I have not had to utilize or contact them since.
American Family
It seems like it is pretty typical compared to other companies for the things it covers. I haven't shopped around in a year or two though.
Liberty Mutual
When we had filed a claim, they were so quick to respond. We had someone out at our house in a couple of days, and he came all the way from Texas. People on the phone were very helpful as well.
American Family
It is not consistent and user-friendly. What you see on your mobile app is very limited you do not have access to much whereas on your desktop view there are more options to choose from. Making it less confusing.
Allstate
The pricing was very competitive compared to other home insurance rates, as well I received better coverage for my home.
Metlife
The company has so far serviced our needs well. We haven't had much interaction with them, but their reputation is great and they were highly recommended by the 3rd party company.
State Farm
I dislike that they don't offer more types of coverage for my home. I also dislike that their auto policies are so expensive. The price can really scare people away, but to my understanding, I will be a loyal customer.
State Farm
Overall they have excellent service and truly are always there to provide the best service to me as possible. They make sure to stay on top of their game compared to other insurance companies and make sure to provide the best service possible for what I am paying.
Progressive
There is nothing that I dislike about this company pertaining to homeowners insurance. I do dislike there snapshot beeping at me in my car but that is an auto policy issue.
Allstate
My deductible is 50k. I am very satisfied with my deductible. I have never got a ticket or got into trouble before ever.
Liberty Mutual
There's nothing I could say that I dislike at this time. I can always complain that the premium should be lower.
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.
State Farm
always handle my claims fairly, I know them so I can trust their recommendations, honest good people to work with

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