Best homeowners insurance in Seattle

Your guide to the best homeowners insurance companies in Seattle, the cost of coverage by ZIP code, and special considerations for Seattle homeowners.

Pat Howard 1600

Pat Howard

Published October 24, 2019

Homeowners insurance is important and lender-required protection for your home, your personal property, and your combined assets in the event your property is damaged or you’re sued because of an accident. If you’re one of the almost 150,000 Seattle residents who owns a home, you’ll want to make sure you have a good homeowners insurance policy and that you’re insured with a reputable company.

Keep reading for our guide to homeowners insurance in the Emerald City.

The best homeowners insurance companies in Seattle

Low insurance premiums are certainly an appealing reason to select a particular insurer over another, but it shouldn’t be the only reason. There are a number of other factors you should consider to ensure you’re getting the best deal for the coverage you’re paying for.

When comparing policies, pay special attention to companies’ financial strength, how robust their standard policy offerings are, their customer service ratings with J.D. Power and Consumer Reports, and the number of discounts they offer.

Of the insurers offered by Policygenius, we determined the most affordable homeowners insurance company in Seattle is Stillwater with an average annual premium of around $850 for $275,000 of coverage. Metlife had the highest rates, with an average annual premium of $1,050 for $375,000 of coverage.

Insurance companyAverage quoted replacement costAverage annual premium
Metlife$375,000$1,050
Nationwide$375,000$950
Safeco$300,000$800
Stillwater$275,000$850
Travelers$390,000$725

Methodology: Average annual premium for each insurance company was calculated using Policygenius quoting data.

Seattle homeowners insurance prices by ZIP code

When determining your homeowners insurance premium, companies factor in your coverage amounts, the makeup, build and age of your home, your credit score, and where your home is located.

Among the areas where users submitted quotes with Policygenius, the best deal on coverage was in the 98136 ZIP code, with just a $1,000 average annual premium for $500,000 of coverage.

ZIP codeAverage quoted replacement costAverage annual premium
98103$475,000$1,100
98107$275,000$750
98112$625,000$1,250
98115$400,000$825
98117$350,000$775
98125$400,000$1,240
98136$500,000$1,000
98144$225,000$925
98146$375,000$1,100

Methodology: Average annual premium for each ZIP code was calculated using Policygenius quoting data.

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Seattle homeowners insurance rates by coverage amount

Your coverage amounts are directly impacted by how much coverage you have. Your home’s insured value or dwelling coverage amount should be equal to the rebuild cost of the home. If your home is solid brick, there’s a good chance it’ll need more coverage than a brick veneer home.

Here is the average rate for three different coverage levels for a home in Seattle.

Coverage amountAverage annual premium
$200,000-300,000$725
$300,000-400,000$875
$400,000-500,000$1,250

Methodology: Average annual premium for each ZIP code was calculated using Policygenius quoting data.

Special considerations for Seattle residents

Homeowners in the Seattle area have a lot to consider when setting up their homeowners insurance policy. Given its rainy climate and location on the Puget Sound and the Duwamish River in South Park, Seattle faces a high flood risk. Seattle also sits on a fault line, making it susceptible to both large and small earthquakes and landslides.

Seattle residents should also make sure their homes are well protected against property crime. As an urban area with a dense population, homes are more susceptible to burglary and property crime than homes in less populated regions on the outskirts.

Homeowners insurance resources for Seattle residents

Policygenius’ editorial content is not written by an insurance agent. It’s intended for informational purposes and should not be considered legal or financial advice. Consult a professional to learn what financial products are right for you.