The Average Cost of NFIP Flood Insurance by State (2023) State Average Annual Cost Average Monthly Cost  Average Total Coverage Amount Policies in Force Average Coverage Amount Per Premium Dollar Alabama $696 $58 $256,286 50,196 $368 Alaska $501 $42 $296,776 2,279 $592 Arizona $724 $60 $274,542 23,952 $379 Arkansas $827 $69 $212,310 12,532 $257 California $798 $67 $301,917 193,007 $378 Colorado $797 $66 $283,298 17,676 $355 Connecticut $1,245 $104 $237,347 31535 $191 Delaware $660 $55 $279,183 26,123 $423 Florida $660 $55 $260,001 1,668,038 $394 Georgia $683 $57 $283,950 76,119 $416 Hawaii $657 $55 $247,475 57,339 $377 Idaho $763 $64 $276,270 5,491 $362 Illinois $892 $74 $212,419 33,535 $238 Indiana $884 $74 $221,981 17,226 $251 Iowa $1,034 $86 $239,494 10.446 $232 Kansas $878 $73 $222,492 7,610 $253 Kentucky $1,131 $94 $227,470 18,950 $201 Louisiana $741 $52 $282,164 480,219 $381 Maine $1,002 $84 $263,344 7,295 $263 Maryland $449 $37 $256,297 63,703 $571 Massachusetts $1,064 $89 $272,957 54,885 $257 Michigan $765 $64 $218,774 19,477 $286 Minnesota $875 $73 $258,465 7,457 $295 Mississippi $846 $71 $264,807 57,606 $313 Missouri $1,137 $95 $229,141 16,931 $202 Montana $778 $65 $234,731 3,934 $302 Nebraska $836 $70 $231,639 7,782 $277 Nevada $725 $60 $272,666 9,724 $376 New Hampshire $971 $81 $247,166 7,181 $255 New Jersey $864 $72 $262,863 207,440 $304 New Mexico $787 $66 $230,063 10,610 $292 New York $1,023 $85 $281,705 167,804 $275 North Carolina $690 $58 $275,096 133,379 $399 North Dakota $730 $61 $295,321 7,304 $405 Ohio $957 $80 $214,704 24,854 $224 Oklahoma $866 $72 $242,596 10,327 $280 Oregon $799 $67 $274,436 23,986 $343 Pennsylvania $1,177 $98 $234,864 46,730 $200 Rhode Island $955 $80 $280,552 11,353 $294 South Carolina $595 $50 $274,659 203,677 $462 South Dakota $933 $78 $243,561 2,752 $261 Tennessee $920 $77 $272,433 25,649 $296 Texas $703 $59 $299,973 703, 564 $427 Utah $569 $47 $292,820 3,876 $515 Vermont $1,320 $110 $244,564 3,061 $185 Virginia $652 $54 $281,174 95,270 $431 Washington $825 $69 $282,364 30,880 $342 West Virginia $1,261 $105 $176,274 11,034 $140 Wisconsin $812 $68 $222,675 11,258 $274 Wyoming $827 $69 $273,247 1,639 $330 Source: National Flood Insurance...

Geico Average rate: $1,109Rate after texting ticket: $1,237Percentage premium increase: 12% State Farm Average rate: $1,400Rate after texting ticket: $1,594Percentage premium increase: 13% Nationwide Average rate: $1,598Rate after texting ticket: $1,866Percentage premium increase: 17% Allstate Average rate: $1,868Rate after texting...

By Emily Lever (April 24, 2023, 10:19 PM EDT) -- A construction company is suing five of its insurers, asking them to cover three lawsuits alleging shoddy work on three buildings by its subcontractors after the company paid almost...

Top perksComplete coverage for short-term rentalsProper policies pull double duty as homeowners insurance policies and business insurance policies for those who rent out their places to others on a short-term basis. It includes coverage for the building itself,...

The Florida home insurance market has spent most of 2022 tumbling toward collapse, but recent legislation just might avert disaster. Bankrate dug deep into the Florida insurance industry to discover the cause of the problem and to report...

A point local attorney H. Dennis Beaver wants to make clear to viewers. "Homeowners insurance or renters insurance is not flood insurance," Beaver ... Source link