The average homeowners insurance premium in New York was $1,860 a year as of November, according to data from Bankrate, a personal finance website.

That’s $155 a month. It’s also over $560 less than the national average rate of $2,424 a year.

New York’s average annual premium cost ranked 27th in the nation among all 50 states and Washington, D.C.

The three states with the highest premiums as of November were Nebraska, Louisiana and Florida. Average premiums in Nebraska and Louisiana were over $6,000 a year and the average in Florida was over $5,800.

Average premiums in 31 states and Washington, D.C. were lower than the national average as of November. They were higher in 19 states, according to Bankrate.

The numbers all reflect premiums for a home with a dwelling coverage amount of $300,000.

Homeowners insurance premiums have been rising nationwide in recent years, sometimes by 10%, 20% or even more.

Areas prone to natural disasters and extreme weather events have seen some of the biggest cost increases and are paying some of the highest premiums now.

Post-pandemic inflation, disruptions in supply chains and rising construction and labor costs have also played a role in premium hikes, according to Bankrate.

Although New Yorkers are paying less for homeowners insurance than the national average, car insurance costs in the state will rise at one of the fastest rates in the U.S. in 2026.

New York drivers will see an average rate increase this year of 6%, the fourth-highest increase in the U.S., according to data from ValuePenguin, an online insurance comparison site that is part of Lending Tree.

You can see details of homeowners insurance premiums throughout the U.S. in the table below. If you can’t see the table, click here to open it in a new window.