Pat Howard 1600


Pat Howard

Pat Howard

Senior Editor & Licensed Home Insurance Expert

Pat Howard is a senior editor and licensed home insurance agent at Policygenius, where he specializes in homeowners insurance. His work and expertise has been featured in MarketWatch, Real Simple, Fox Business, VentureBeat, This Old House, Investopedia, Fatherly, Lifehacker, Better Homes & Garden, Property Casualty 360, and elsewhere.

Published May 10, 2022

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The median home value in Spokane is $411,211 — a 28% increase over the previous year, making it one of the hottest housing markets in the U.S. In addition to rising property values, home construction and labor costs are also going up in Spokane. [1] Residents will need to take this into consideration when setting up their homeowners insurance policy.

The average cost of homeowners insurance in Spokane is $1,210 per year or $101 a month. This is around 5% lower than the Washington state average, and nearly 36% lower than the national average of $1,899 per year.

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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 Spokane.  

Best homeowners insurance companies in Spokane

Of the top home insurance companies in Spokane, Allstate’s average annual cost of $542 for a policy with $300,000 in dwelling coverage is the lowest in the city, and over $700 less than the Washington state average. Farmers, USAA, and PEMCO also offer below-average rates on home insurance in Spokane.

In addition to cost, it’s also important to consider each company’s customer and claims satisfaction ratings with entities like J.D. Power. These ratings are based on how satisfied policyholders are with each company’s customer interaction, policy offerings, pricing, billing options, policy information, and claims. 

Policygenius analyzed thousands of quotes from the 5 largest Spokane 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 Spokane residents to find the best homeowners insurance in Spokane.


Average yearly cost

J.D. Power Rating

State Farm












PEMCO Insurance



State Farm

State Farm logo

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.


  • 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


  • No discounts for first-time homebuyers or going a year without a claim

Why State Farm tops our best list

State Farm is one of the best companies in the industry when it comes to customer satisfaction ratings with J.D. Power, ranking fourth out of 22 companies in its 2021 home insurance study. With State Farm, Spokane residents can choose from a wide range of policy enhancements, including water backup coverage — an invaluable add-on given the region’s propensity for heavy rainfall. 

How to get a quote

Online through State Farm


Farmers logo

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.


  • 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


  • 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

Why Farmers tops our best list

Farmers’ average annual rate of $1,132 for $300,000 in dwelling coverage is cheaper than the citywide average, and doesn’t include the up to 13 discounts Spokane residents have access to. While Farmers is one of the largest home insurance providers in the country, it hasn’t forgotten those who serve our communities, and that’s apparent with its special affinity discount for Spokane teachers, nurses, and first responders. 

How to get a quote

Online through Farmers


Allstate logo

Allstate's mix of exceptional customer satisfaction ratings, personalized coverage options, and numerous discount opportunities make it one of the most popular homeowners insurance companies on the market.


  • Several coverage add-ons, including ones for roof surfaces, water backup, green improvements, and mold protection

  • 8+ discounts, including autopay, bundling, zero claims, and new homebuyer

  • Get up to 25% off your premiums when you bundle home and auto insurance

  • Excellent customer service and claims satisfaction ratings

  • File and track claims online or through its mobile app


  • Rates are typically high compared to competitors

Why Allstate tops our best list

With an average annual rate of $542, Allstate has the cheapest home insurance in Spokane. In addition to affordability, Allstate also offers an extensive suite of additional coverage options that Spokane homeowners should find valuable, including mold protection, green improvements coverage, and water backup coverage. 

How to get a quote

Online through Policygenius or Allstate


USAA logo

USAA's robust coverages and high marks for customer service and claims satisfaction make it a solid home insurance option for military members and their families.


  • Score discounts for zero claims, being a loyal USAA member, opting into e-billing, and more

  • Base policy includes coverages that cost extra with most other companies

  • Offers earthquake coverage — which is hard to come by

  • Get discounted home security systems and a discount on premiums through its partnership with ADT

  • Industry-best customer service and claims satisfaction ratings


  • Only available to military families

  • Doesn’t offer extended or guaranteed replacement cost dwelling coverage

Why USAA tops our best list

Featuring affordable rates, coverages that typically cost extra with most insurance companies, industry-best customer satisfaction ratings with J.D. Power, and several discounts and policy perks, USAA is the perfect home insurance option for Spokane homeowners looking for a little bit more from their home insurance provider.

How to get a quote

Online through USAA

PEMCO Insurance

PEMCO Insurance logo

PEMCO Insurance is ideal for homeowners in high-risk wildfire areas — its special partnership with Wildfire Defense Systems offers free private wildfire services during active brush fires to ensure your home is fully protected.


  • Offers replacement cost coverage for your belongings — meaning depreciation won't be taken into account for your claim payout

  • Base policies come with up to $5,000 of sewer backup coverage

  • Partnership with Wildfire Defense Systems offers free private wildfire services to maximize your home's protection during an active wildfire

  • Discounts for homeowners who work in education, go 3 years without filing a claim, have safety and sprinkler devices, and more

  • File and track claims online — with 24/7 customer support


  • Limited information about coverage options available online

  • Not as many discounts as other insurers

Why PEMCO Insurance tops our best list

While eastern Washington isn’t traditionally a wildfire-prone area, 2021 showed these disasters could be a major threat in the Pacific Northwest for years to come. So PEMCO’s recent partnership with Wildfire Defense Systems (WDS) should come as a relief to Spokane homeowners. Under this new partnership, the WDS team provides free consultation and preventative maintenance to at-risk homes during an active wildfire — providing your home and belongings with an added layer of protection.

How to get a quote

By calling PEMCO Insurance

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Cheapest homeowners insurance companies by ZIP code in Spokane

Looking at average home insurance costs for 15 of the most popular companies in Spokane, we found that Allstate is the cheapest home insurance company in every Spokane ZIP code. The average annual cost of an Allstate policy with $300,000 in dwelling coverage is $542 in each of the 12 ZIP codes we looked at — about 55% less than the average cost of home insurance in Spokane.

The most affordable areas for homeowners insurance in Spokane 

With an average home insurance rate of $1,163 per year, the 99224 (West Spokane) and 99251 (Northwest Spokane) ZIP codes are the most affordable areas for home insurance in Spokane. While median home values in these ZIP codes are higher than the Spokane average, most of these homes were built in the last 25 years, which may explain the lower insurance costs.

The most expensive areas for homeowners insurance in Spokane

With an average home insurance rate of $1,241 per year, the 99207 ZIP code (Northeast Spokane) is the most expensive area for home insurance in Spokane. While this ZIP’s median home value of $300,514 is quite a bit lower than the Spokane average, the rate of property crime in the area may explain the discrepancy. 

Shopping for homeowners insurance in Spokane

When you shop for homeowners insurance in Spokane, you’ll want to make sure the coverage you’re being quoted reflects your actual coverage needs. This ensures you’re getting an accurate coverage and rate comparison. 

Spokane residents in particular will want to make sure their dwelling coverage limit is high enough to cover the cost of a full rebuild after a potentially devastating wildfire. As prices for lumber, appliances, roofing materials, and labor continue to increase, it’s important to make sure your policy is updated every year to reflect the rising costs.

In this section, we break down the average annual home insurance rates in Spokane 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 Spokane.

Spokane home insurance costs by coverage amounts

Dwelling coverage is the part of your home insurance policy that pays to rebuild or repair your house after a covered loss, like a fire or vandalism. Your dwelling coverage limit should be roughly the same as your home’s replacement cost, which is the amount it costs to rebuild your home from the ground up. 

As the table below highlights, more dwelling coverage means higher homeowners insurance rates. In Spokane, home insurance rates increase an average of $319 for every additional $100,000 in dwelling coverage.

Personal liability coverage is the portion of your homeowners insurance that pays for medical, legal, or repair bills in case you’re legally responsible for somebody else’s injury or property damage. Your liability coverage limit should be high enough to cover the combined value of your assets, including your home, vehicles, and liquid assets.

As seen in the table below, higher liability coverage limits don’t have a significant impact on your home insurance premiums. In Spokane, home insurance rates increase an average of just $9 for every additional $100,000 in liability coverage, making high liability limits a great value add for any policy.  

Spokane home insurance costs by deductible amount

Your policy deductible is the amount you’re responsible for paying on each covered claim before your insurance kicks in to cover the rest of the loss. 

For example, say your house is badly damaged in a house fire and you agree to a $20,000 claim settlement with your insurance company. If your policy deductible is $1,000, that amount would first be subtracted from the settlement amount, and then you’d be reimbursed the remaining $19,000 for repairs.

As seen in the table below, a higher policy deductible generally means lower monthly or annual home insurance rates. In Spokane, a policy with a $2,000 deductible is about $267 cheaper on average than a policy with a $500 deductible.

Home insurance discounts in Spokane

Most home insurance providers in Spokane will discount your policy premiums if you take steps to protect your home by adding or installing features that protect against things like break-ins and extreme weather. 

While you won’t get a huge discount if your house has one of the following features and nothing else, the savings can add up if you have several protective devices in your home. Here is the average annual rate for homes in Spokane with deadbolts, smoke alarms, or burglar alarms. 

Cheapest home insurance companies in Spokane for dog owners

Home insurance companies will generally charge you higher home insurance rates if it classifies your dog’s breed as “dangerous” or “aggressive.” Certain dog breeds, like pit bulls and other mastiffs, are statistically more responsible for dog bites and subsequent liability claims, so some insurers will charge you significantly higher rates if you have one of these breeds. 

However, some Spokane insurers put less weight on this factor than others. If you have a dog breed that’s considered dangerous or aggressive, it’s worth shopping around and comparing rates from multiple providers.

With an average rate of $542 per year, Allstate has the cheapest home insurance rates in Spokane for a home with a dangerous dog breed, while State Farm’s average yearly premium of $2,493 is the highest. 

Cheapest home insurance companies in Spokane for pool owners

Home insurance providers may also apply a surcharge to your policy if you have a pool on your property. This is because pools increase the probability of injuries and liability claims, so some insurers will charge higher rates to offset this risk.

With an average rate of $542 per year, Allstate has the cheapest home insurance rates for Spokane homes with a swimming pool, while State Farm’s average yearly premium of $2,493 is the most expensive.

How to buy homeowners insurance in Spokane

With home values and insurance costs rising quickly in Spokane, it’s important to shop around and compare policies from multiple companies each year to make sure you’re not missing out on better coverage or more affordable rates.

  1. Reach out to a licensed Policygenius agent. Our team of licensed home insurance experts is at the ready to help you figure out how much coverage you need and what company offers it at the best price — all for free with no impact to your credit score.

  2. Ask about Citizen’s insurance — Washington’s FAIR Plan provider. If you live in an area of Spokane with a high crime rate or inclement weather, or you’re simply struggling to find coverage through a traditional company, you may need last-resort home insurance via a Washington FAIR Plan. Ask your Policygenius agent about whether a policy through Washington’s FAIR Plan makes sense for you.

  3. Consider purchasing flood insurance. Since standard home insurance policies don’t cover flooding, you’ll want to add flood coverage or purchase a separate flood insurance policy to make sure you’re fully protected. A Policygenius agent can help you do this, too.

  4. Figure out how high of a deductible you can afford. A higher deductible means lower home insurance premiums, but it also means you’ll have to pay more out of pocket if your home is damaged or burglarized.  

  5. Compare quotes from a Policygenius agent. Once you’ve nailed down your coverage needs, limits, and deductibles, a Policygenius agent will walk you through quotes from a few different companies to help you find the best policy for your needs.

  6. Sign the policy and pay your first premium. After you’ve chosen the policy you want, the only thing left to do is sign on the dotted line and pay your first premium. Your Policygenius agent will take care of the rest, including canceling your old policy.

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Frequently asked questions

How much is homeowners insurance in Spokane, WA?

The average cost of homeowners insurance in Spokane, Washington is $101 per month, or $1,210 per year.

What are the 3 basic levels of coverage that exist for homeowners insurance?

The three basic levels of home insurance coverage are actual cash value, replacement cost, and extended or guaranteed replacement cost. If you have an actual cash value policy, your insurance company will only reimburse you for the depreciated value of your property when you file a claim; if you have a replacement cost policy, your insurance company will reimburse you for the value of property of similar type and quality, without deducting depreciation; if you have extended or guaranteed replacement cost coverage, your insurance company will reimburse you for the replacement cost of whatever was damaged, even if it’s higher than the coverage limits in your policy.

Is homeowners insurance required in Washington state?

You’re not legally required to purchase homeowners insurance in Washington state or anywhere else in the country, but most mortgage lenders will require you to purchase a policy before they’ll extend you a home loan. This is because they have a financial investment in the property until you pay off your mortgage, so they want to ensure it’s fully protected.


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.