This article was subjected to a comprehensive fact-checking process. Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.
Add Us On Google
Google Preferred Sources lets you customize your search results. By choosing to follow FinanceBuzz, you’re telling Google to prioritize content from a source you trust.
Often overlooked when budgeting for homeownership, home insurance can make it a little harder to pay your monthly bills, even for the most informed buyers.
While you might think your home is safe from disaster, insurance companies base your premium on risk factors like natural disasters and historical data.
And for residents of these 15 states, that translates to significantly higher annual premiums compared to the national average.
Set up direct deposit - pocket $400
Set up an eligible direct deposit withSoFi Checking and Savings and you could pocket a bonus of up to $400. Make the switch, set up direct deposit, earn the bonus. It basically takes no extra work at all other than following these steps.
Why people are switching: This account earns up to an insane 4.00% APY1 <p>Earn up to 4.00% Annual Percentage Yield (APY) on one SoFi Savings account with a 0.90% APY Boost (added to the 3.10% APY as of 5/28/26) for up to 6 months. Open your first SoFi Checking and Savings account and receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 12/31/26. Rates are variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#4">sofi.com/banking#4</a>. SoFi Bank, N.A. Member FDIC.</p> on savings for up to six months (3.10% APY standard + 0.90% APY boost) on top of that $50 or $400 bonus.2 <p>New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more) OR $400 (with at least $5,000 total Eligible Direct Deposits received within 25 calendar days of your first Eligible Direct Deposit of $1 or more). Cash bonus amount will be based on the total amount of Eligible Direct Deposit received within 25 calendar days of your first Eligible Direct Deposit of $1 or more. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 5/15/2026 and will be available through 12/31/26. See full bonus and annual percentage yield (APY) terms at <a href="https://www.sofi.com/banking/checking-offer/">sofi.com/banking/checking-offer/</a></p> That's way better than the measly 0.38% APY (as of 06/15/26)3 <p>Based on <a href="https://www.fdic.gov/national-rates-and-rate-caps">this</a> FDIC data, as of 6/15/26.</p> national average savings accounts offer.
High crime, tornadoes, and vicious storms have driven up the cost of home insurance in Missouri. Homeowners in the Show-Me State can expect to pay an average annual premium of $1,769 and an average monthly premium of $147.
New Mexico residents pay an average annual premium of $1,789 and a monthly premium of $149 because of the weather-related risks of their state. Wind, hail, and heavy storms can hit at a moment's notice in this arid climate.
13. North Dakota
FiledIMAGE/Adobe
Harsh winters with blizzard conditions can do a number on homes, and that's why North Dakota homeowners face high insurance. Expect to pay an average annual premium of $1,900 and an average monthly premium of $158.
Resolve $10,000 or more of your debt
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.4 <p>Please note that all calls with the company may be recorded or monitored for quality assurance and training purposes. Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including our fees, over 24 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating. "Debt-Free" applies only to enrolled credit cards, personal loans, and medical bills. Not mortgages, car loans, or other debts. Results vary.</p>
An average annual premium of $1,900 and an average monthly premium of $158 in Mississippi is thanks to this Gulf Coast state's well-deserved reputation as a hotspot for hurricanes and tropical storms.
11. Minnesota
Matt/Adobe
Those who don't mind winter weather will find a welcome home in Minnesota, but they'll also find high insurance costs thanks to extreme snowstorms. The average annual premium for home insurance is $1,930, while the monthly is $161.
In Texas, you could face high winds, hail, severe summer storms, ice storms, and hurricanes, and the insurers have adjusted their rates accordingly. Expect to pay an average annual premium of $1,967 and a monthly premium of $164 if you move to the Lone Star State.
Some insurers are pulling out entirely in Florida due to the extreme risk. And those continuing to write policies have adjusted their premiums to account for hurricane season, floods, severe summer storms, wildfires, and more.
The average annual premium is $1,981, and the average monthly premium is $165.
8. Louisiana
Kevin Ruck/Adobe
Louisiana is known for bearing the brunt of hurricanes, and that's why the state also sees higher-than-average home insurance rates. Those looking to live in this Gulf Coast state will pay an average annual premium of $1,992 and a monthly premium of $166.
7. Kentucky
Michael K Greer/Wirestock Creators/Adobe
Living in Kentucky means putting yourself in the way of hurricanes, floods, and tornadoes, which drive up the cost of home insurance. Bluegrass State homeowners will pay an average annual premium of $2,009 and an average monthly premium of $167.
Earn $100 cash rewards bonus with this incredible card
Average annual premiums of $2,105 and average monthly premiums of $175 put South Dakota near the top of insurance premiums nationwide. The state sees extremes in weather, which ushers in major summer storms and snowy, icy winters.
5. Arkansas
Brandon/Adobe
Residents in Arkansas will pay an average annual premium of $2,123 and an average monthly premium of $177, thanks to earthquakes, flooding, and wind damage. This risky state is a prime spot for natural disasters.
4. Colorado
FashionStock/Adobe
Colorado residents may love the early snowstorms that make for a good ski season, but that could be why their average annual premium is $2,512 and their average monthly premium is $179. Snowstorms, blizzards, and other weather drive up their high home insurance costs.
With an average annual premium of $2,951 and a monthly premium of $246, Nebraska is, unfortunately, a contender in the race for the highest home insurance premiums. Extreme weather and high crime in certain cities contribute to the high cost.
2. Kansas
Christopher Boswell/Adobe
If you're looking for reasonable home insurance, then we have a feeling you won't be in Kansas anymore. The average annual premium is $3,083, while the monthly is $257.
Not only do they get hit with tornadoes, hail, and wind storms, but they're also vulnerable to cold weather disasters, including snowstorms and blizzards.
1. Oklahoma
SeanPavonePhoto/Adobe
Oklahoma might not have been at the top of your list for through-the-home insurance, but it comes in at No. 1 with an average monthly premium of $305 and an average annual premium of $3,659.
Tornadoes, wind storms, and flooding make it a risky place to live and insure.
Bottom line
Drazen/Adobe
Fortunately, you can still save on your home insurance by bundling policies, improving your credit score, adjusting your deductible, and comparing quotes from different providers.
These steps may not replicate the savings found in states with the lowest home insurance rates — like Delaware and Vermont — but they can help you keep more cash in your wallet every month.
Get a 0% intro APR for 15 months on purchases and balance transfers; balance transfer fee applies. Then 17.49% to 26.49% Standard Variable Purchase APR applies, based on credit worthiness
INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300
Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases
Redeem cash back for any amount. No annual fee
Terms and conditions apply
4.7
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment.
Our partners do not influence how we rate products.
INTRO OFFER: Unlimited Cashback Match for all new cardmembers. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300
Annual Fee
$0
+-
Why we like it
The Discover it® Cash Back is ideal for anyone who loves flexible rewards options.
Cardholders can redeem their cash back for any amount.
Earn 5% cash back on rotating bonus categories up to the quarterly maximum when you activate, along with 1% cash back on all purchases. Categories may include places like gas stations, grocery stores, restaurants, and more.
FinanceBuzz is an independent, advertising-supported website. Some or all of the offers that appear on this page are from third party advertisers from which FinanceBuzz receives compensation. For example, we may receive compensation when you click on a link, when an application is approved, or when an account is opened. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).
FinanceBuzz does not include all financial or credit offers that might be available to consumers nor do we include all companies or all available products. Information, including rates and fees, is accurate as of the publishing date and has not been provided or endorsed by the advertiser.
The credit card offers that appear on this site are from companies from which FinanceBuzz receives compensation such as banks or CardRatings.com.
Editorial Policy
The FinanceBuzz editorial team strives to provide accurate, in-depth information and reviews to help you, our reader, make financial decisions with confidence. Here's what you can expect from us:
FinanceBuzz makes money when you click the links on our site to some of the products and offers that we mention. These partnerships do not influence our opinions or recommendations.
FinanceBuzz reviews and rates products on a variety of quantitative and qualitative criteria. Whenever possible we test each product and include our honest, firsthand experience using it. Read more about how we rate products.
Partners are not able to review or request changes to our content except for compliance reasons. Financial products are highly regulated so we work closely with partners to make sure the information we have on our site is accurate and includes any required legal language and disclaimers.
We aim to make sure everything on our site is up-to-date and accurate as of the publishing date, but we cannot guarantee we haven't missed something. It's your responsibility to double-check all information before making any financial decision. If you spot something that looks wrong, please let us know.
Thanks for subscribing!
Please check your email to confirm your subscription.
Subscribe Today
Want
extra-cash
moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.
or
By submitting this form you agree to receive emails from FinanceBuzz and to the
privacy policy and
terms.
Thank You!
Check your email to begin enjoying your free daily newsletter today.
Look for the Extra email in your inbox.
Make sure to open the email today so you don't miss any future messages from us!
/images/2023/09/14/woman_using_laptop.jpg)
/images/2019/12/06/smart_strategies_to_save_money_on_car_insurance.jpg)
:format(webp)/images/2024/02/27/african-american-family-couple-calculating-expenses.jpeg)
/authors/heather-bien-headshot_u1sBhiz.jpg)
/authors/ellen-cannon-financebuzz.jpg)
Add Us On Google
/images/2024/02/27/st-louis-downtown.jpeg)
/images/2024/02/27/route-66-with-mountains-at-sunset.jpeg)
/images/2024/02/27/fargo-theater-north-dakota-usa.jpeg)
/images/2024/02/27/piers-on-bay-of-saint-louis.jpeg)
/images/2024/02/27/farm-on-snowy-hill-in-minnesota.jpeg)
/images/2021/04/21/adobestock_192812280_1200x628.jpg)
/images/2019/12/06/smart_strategies_to_save_money_on_car_insurance.jpg)
/images/2025/01/28/adobestock_628402894_1.jpeg)
/images/2024/09/04/adobestock_669069249_editorial_use_only_1.jpeg)
/images/2020/03/02/tattoo-woman-bar.jpeg)
/images/2020/12/21/smiling-couple-looking-at-laptop-screen.jpeg)
/images/2024/02/27/austin-aerial-skyline.jpeg)
/images/2024/02/27/las-olas-blvd-in-hurricane-irma.jpeg)
/images/2024/02/27/new-orleans-louisiana-downtown-skyline.jpeg)
/images/2024/02/27/skyline-of-louisville-at-sunrise.jpeg)
/images/2024/02/27/town-of-hot-springs-south-dakota.jpeg)
/images/2024/02/27/arkansas-riverfront-park.jpeg)
/images/2024/02/27/ski-lodge-at-breckenridge-ski-resort.jpeg)
/images/2024/02/27/downtown-lincoln-nebraska-at-twilight.jpeg)
/images/2024/02/27/kansas-state-capital-building-in-topeka.jpeg)
/images/2024/02/27/oklahoma-city-skyline-during-day-time.jpeg)
/images/2024/02/27/african-american-financial-advisor-with-client.jpeg)
/images/2025/01/23/discover_it_cash_back_card_art_gold.png)
/images/2021/01/22/car_ride3.jpg)
/images/2023/01/27/young_man_driving_a_car.jpg)
/images/2019/12/11/best_part-time_jobs_with_health_insurance.jpg)
/images/2025/10/02/couple-consulting-with-insurance-agent-adobe.jpg)
/images/2025/11/21/pharmacist_and_woman_at_counter.jpg)
/images/2026/09/09/retirement_income_sources_that_wont_trigger_higher_medicare_premiums.jpg)
/images/2024/04/15/nurse-assisting-senior-man-on-wheelchair.jpeg)
/images/2026/07/01/3_mark-cuban-2.jpg)
/images/2024/11/08/dave-ramsey-11824-1199x628.jpg)
/images/2025/03/05/humana_icon_on_website_page.jpg){kind=icon}
/images/2026/01/07/donald-trump-signature.jpg)
