Residents in Henderson, Nevada may not routinely think about the relatively low risk of natural disasters in the area, but there is still a possibility of needing a solid homeowners insurance policy to pay for damage caused by a wildfire or other unexpected losses.
Fortunately, the average cost of homeowners insurance in Henderson is only $1,272 per year or $106 a month. This is around 3% higher than the Nevada average of $1,239 per year, and about 33% lower than the national average of $1,899.
However, cost isn’t the only factor to consider when choosing a home insurance company. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Henderson.
Methodology & why you can trust our rates
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
Best homeowners insurance companies in Henderson
USAA has the lowest home insurance rates in Henderson, with an average yearly cost of $955 — over $300 less than the citywide average. However, keep in mind that USAA only serves members of the armed forces, so most Henderson homeowners will likely find the cheapest rates with American Family and its average annual premium of $961.
Policygenius analyzed thousands of quotes from the 5 largest Henderson insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Henderson residents to find the best homeowners insurance in Henderson.
Company | Average yearly cost | J.D. Power Rating |
|---|---|---|
State Farm | $1,187 | 835 |
Farmers | $1,227 | 813 |
Allstate | $1,264 | 829 |
American Family | $961 | 831 |
USAA | $955 | 882 |
There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.
Pros
Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage
Get up to $1 million in personal liability coverage
Score discounts for bundling, installing security devices, and choosing a high deductible
File and track claims online, over the phone, in person, or through its mobile app
High customer satisfaction and financial strength ratings
Cons
No discounts for first-time homebuyers or going a year without a claim
Read our full State Farm home insurance review
Why State Farm tops our best list
We love the tools that State Farm provides for its customers, including its user-friendly website and mobile app. From the palm of your hand, you can view and manage your policy, access ID cards, and file and track claims. You can even take photos of the damage to your home and upload the evidence directly from your phone or tablet. State Farm offers customers the convenience and efficiency you’re looking for in a home insurance provider.
How to get a quote
Online through State Farm
Farmers is one of the largest and most reputable home insurance providers in the industry, offering special discounts for teachers, nurses, first responders, and non-smokers — plus the option to rebuild your home with green materials after a claim.
Pros
Several discounts and unique ways to save, including claim forgiveness and declining deductibles
3 flexible coverage packages with varying levels of protection for most coverage and budget needs
Offers extended and guaranteed replacement cost coverage options
File claims online, via text, on its mobile app, or by calling its claims center
Cons
Rates are typically more expensive
Below-average customer satisfaction ratings
No repair network to help you find a certified contractor or repair professional after filing a claim
Read our full Farmers home insurance review here
Why Farmers tops our best list
While filing a single claim can often lead to higher home insurance rates, that’s not necessarily the case with Farmers. Its policies include a guarantee that — if you’ve been claim-free for five continuous years — Farmers won’t increase your rates when you file a claim.
How to get a quote
Online through Farmers
Why Allstate tops our best list
Allstate offers a multitude of discounts to bring down premiums for its customers, including a discount for bundling your home and auto insurance. You can save up to 25% on your premiums just by using Allstate for both your home and auto insurance. In Henderson, this could add up to over $300 in savings on your homeowners insurance.
How to get a quote
Online through Policygenius or Allstate
American Family's status as the 7th largest home insurance provider in the U.S. speaks to its popularity and reputation. Our fave perk? Its diminishing deductible program that lets you earn credits for every year you go without filing a claim.
Pros
Unique coverage add-ons, like matching siding insurance and hidden water damage coverage
Save up to 20% on home insurance and 29% on auto insurance for bundling the policies together
Earn a $100 credit toward your deductible for ever year you go without filing a claim
File claims online or on its mobile app — with 24/7 claims support
Cons
Doesn't offer extended or guaranteed replacement cost coverage
Above-average customer complaints according to the NAIC
Why American Family tops our best list
American Family understands that many people are choosing to start their own businesses and, most of the time, those businesses start at home. Since your business may not be fully covered under your homeowners insurance policy, American Family offers special home business coverage to fill in that gap.
How to get a quote
Online through American Family
Why USAA tops our best list
USAA’s customer and claims satisfaction ratings are among the best in the industry. With a J.D. Power score of 882 out of 1,000, USAA customers can be sure they will receive a high-quality and efficient claims process and industry-best customer service.
How to get a quote
Online through USAA
Cheapest homeowners insurance companies by ZIP code in Henderson
Looking at average home insurance costs for 15 of the most popular companies in Henderson, we found that the cheapest home insurance in the city can be found in the 89052 ZIP code (Seven Hills) with USAA. The average USAA rate in this area is $770 per year — nearly 40% less than the city average of $1,272 per year.
The cheapest rates in Henderson are split between USAA and Auto-Owners Insurance, with both companies offering average yearly costs under $1,000.
ZIP code | Company | Average yearly cost |
|---|---|---|
89002 | USAA | $851 |
89011 | Auto-Owners Insurance | $920 |
89012 | Auto-Owners Insurance | $920 |
89014 | Auto-Owners Insurance | $920 |
89015 | USAA | $885 |
89044 | USAA | $812 |
89052 | USAA | $770 |
89074 | Auto-Owners Insurance | $920 |
The most affordable areas for homeowners insurance in Henderson
With an average home insurance rate of $1,218 per year, the 89052 ZIP code (Seven Hills), is the most affordable area for home insurance in Henderson. Most homes in this area were built in the last 20 to 30 years and are moderately valued. Both of these factors contribute to the affordable home insurance rates.
ZIP code | Average yearly cost |
|---|---|
89052 | $1,218 |
89012 | $1,240 |
89044 | $1,261 |
89002 | $1,265 |
89015 | $1,269 |
The most expensive areas for homeowners insurance in Henderson
With an average home insurance rate of $1,309, the 89014 ZIP code (Green Valley North) is the most expensive area for home insurance in Henderson.Slightly older homes and elevated crime rates may be the culprit for the higher home insurance costs.
ZIP code | Average yearly cost |
|---|---|
89014 | $1,309 |
89011 | $1,308 |
89074 | $1,305 |
89015 | $1,269 |
89002 | $1,265 |
Shopping for homeowners insurance in Henderson
Shopping for homeowners insurance is easy if you know what you’re looking for. Homeowners in Henderson should balance their coverage quality and affordability when choosing a company and policy.
In this section, we break down the average annual home insurance rates in Henderson for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies in the state for individuals with a poor credit score, dog owners, and pool owners. Once you’re ready to shop, a Policygenius expert can help you navigate your coverage needs and help you find the best deal on homeowners insurance in Henderson.
Henderson home insurance costs by coverage amounts
Dwelling coverage is the part of your policy that covers the cost to repair or rebuild your home after a covered loss. To be certain that you have enough coverage, make sure your dwelling coverage limit is based on your home’s replacement cost — not its market value or your mortgage balance.
The price of your home insurance policy will generally go up as your dwelling limit increases. In Henderson, a policy with $500,000 in coverage costs $2,008, while a policy with $400,000 in coverage costs $1,620 — a difference of almost $400.
Dwelling coverage amount | Average yearly cost |
|---|---|
$100,000 | $626 |
$200,000 | $933 |
$300,000 | $1,272 |
$400,000 | $1,620 |
$500,000 | $2,008 |
Liability coverage is the part of your policy that pays for medical, legal, or repair bills if you’re found legally responsible for someone else’s injuries or damage to their property. This amount should be based on the total value of your assets, including your house, vehicles, and liquid assets.
Liability coverage amount | Average yearly cost |
|---|---|
$100,000 | $1,282 |
$200,000 | $1,725 |
$300,000 | $1,272 |
$400,000 | $1,548 |
$500,000 | $1,261 |
Henderson home insurance costs by deductible amount
Your policy deductible is the amount you pay toward each claim before your insurance company reimburses you for the remainder of a loss. A high deductible home insurance policy is generally cheaper than a low deductible plan, but be careful to not set it at an amount you can’t afford to pay in the event of a claim.
As seen in the table below, Henderson residents can save around $224 on home insurance by choosing a $2,000 deductible over the $500 option.
Deductible amount | Average yearly cost |
|---|---|
$500 | $1,506 |
$1,000 | $1,272 |
$2,000 | $1,282 |
Home insurance discounts in Henderson
If you have protective devices like fire sprinklers or security systems installed in your home, your insurer may apply discounts to your home insurance as an incentive for making your house more secure. By installing a smoke detector, security alarm, or other protective features, you’re reducing the likelihood that you’ll need to file a claim, which saves money for you and your insurer.
While you won’t get a huge discount if your house has one of the following features and nothing else, they can add up if you have several protective devices in your home. Here is the average annual home insurance rate and average discount percentage for homes in Henderson with deadbolts, smoke alarms, or burglar alarms.
Discount | Average yearly cost |
|---|---|
Dead bolt | $1,272 |
Smoke alarm | $1,271 |
Burglar alarm | $1,227 |
Home insurance companies in Henderson for dog owners
While insurance agents will often charge higher rates for owners of certain dog breeds, this practice is now illegal in the state of Nevada. The original frame of thinking was that these breeds were responsible for more bites and attacks resulting in liability claims, but opponents suggest a dog’s breed is irrelevant.
With an average rate of $955 per year, USAA has the cheapest home insurance rates in Henderson for a home with a dangerous dog breed, while Allstate’s average yearly premium of $1,264 is the highest.
Company | Average yearly cost |
|---|---|
USAA | $955 |
American Family | $971 |
State Farm | $1,187 |
Farmers | $1,227 |
Allstate | $1,264 |
Home insurance companies in Henderson for poor credit
Your credit score tells insurance companies what kind of risk you are to insure. Customers with poor credit tend to file more claims and make late payments, while customers with higher credit will often pay for smaller repairs out of pocket.
Not all insurance companies weigh this factor as heavily as others when setting your premiums, so it’s best to shop around to make sure you’re getting the best rate.
With an average rate of $1,382 per year, American Family has the cheapest home insurance rates in Henderson for a homeowner with poor credit, while State Farm’s average yearly premium of $2,035 is the highest.
Company | Average yearly cost |
|---|---|
American Family | $1,382 |
USAA | $1,669 |
Farmers | $1,815 |
Allstate | $2,033 |
State Farm | $2,035 |
Home insurance companies in Henderson for pool owners
Pool owners tend to have higher insurance rates, since pools put you at greater risk for injuries and subsequent liability claims.
Not all insurance companies raise rates as high as other companies, and some insurers don’t factor pools into rates at all, so it’s important to shop around and compare quotes from multiple companies to help you find the best price on coverage.
With an average rate of $955 per year, USAA has the cheapest home insurance rates for Henderson homes that have a swimming pool, while Allstate’s average yearly premium of $1,264 is the most expensive.
Company | Average yearly cost |
|---|---|
USAA | $955 |
American Family | $965 |
State Farm | $1,187 |
Farmers | $1,227 |
Allstate | $1,264 |
How to buy homeowners insurance in Henderson
There are many affordable options to choose from when shopping for home insurance in Henderson. A Policygenius agent can help you on your way to finding the right company, and policy, to suit your needs. Here are some steps to help you get started:
Reach out to a licensed Policygenius agent. If you need help determining your coverage amounts or sifting through unfamiliar terminology, our Policygenius agents are there to lend a hand.
Ask about flood insurance. If your house or neighborhood has a history of flooding, consider purchasing flood insurance. While flooding may be a rare occurrence in Henderson, one bad flood event can cost thousands in repairs.
Figure out how much you can afford to pay for your deductible. Choosing a high policy deductible can lower your premiums significantly, so if your house doesn’t face much or any risk, it may be worth setting your deductible to $2,000 or higher.
Compare quotes from a Policygenius agent. Our agents can help you compare quotes from several different companies and make recommendations based on your coverage and budget needs.
Choose your policy, sign, and pay your first premium. Once you choose a home insurance policy, all that’s left for you to do is sign and pay your first premium. A Policygenius agent will take care of the rest.
Frequently asked questions
What is the average cost of homeowners insurance in Nevada?
The average cost of homeowners insurance in Nevada is $1,239. The average rate in Henderson is slightly more at $1,272 per year.
Is homeowners insurance required in Nevada?
While homeowners insurance is not legally mandated in Nevada, most mortgage lenders will require it as a condition of your loan.
What happens if you underinsure your house?
Not having enough home insurance could mean costly out of pocket rebuild or repair bills in the event of a catastrophic storm.
How much should my house be insured?
Your dwelling coverage limit should be equal to your home’s replacement cost to make sure you have enough home insurance to rebuild your house after a covered loss.
