Average homeowners insurance cost in Frederick, MD

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

In Frederick, homeowners pay an average annual rate of $1,444 (for the coverage level of $300,000 for dwelling, $100,000 for liability protection, and $1,000 deductible), according to Insure.com’s rate analysis. It’s $1,060 less than the national average of $2,504.

Homeowners insurance rates change from one home to another. The home insurance premium in Frederick depends on various factors, such as:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To ensure you secure the best homeowners insurance policy, compare quotes from multiple insurers, enabling you to find the right coverage that aligns with your specific requirements.

Read this guide to learn how much homeowners insurance costs monthly in Frederick, what home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Frederick.

Key takeaways

The cost of your homeowners insurance policy in Frederick can vary based on factors such as your location, the value of your home, and the coverage options you select.
Travelers is the cheapest homeowners insurance company in Frederick with an average annual premium of $822.
If you increase your dwelling coverage from $200,000 to $300,000, you will pay $317 more, annually for home insurance.

Average homeowners insurance cost in Frederick per month

According to our rate analysis, homeowners in Frederick pay an average of $120 per month. It’s $22 less than the state average of $142 and $89 less than the national average for home insurance across the United States.

In Frederick, the cost of your homeowners insurance policy depends on the value of your home, location, and the coverage options you select.

Average homeowners insurance cost for a $200,000 house in Frederick

The average cost of homeowners insurance in Frederick, MD is $1,127 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city.

Some areas are more at risk for natural disasters, like flood, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage.

Average homeowners insurance cost for a $300,000 house in Frederick

According to Insure.com’s rate analysis, homeowners in Frederick typically pay an average of $1,444 annually for a home insurance policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, your home insurance rates will rise by $317. It is advisable to purchase enough insurance to cover the entire cost of rebuilding your home. The required amount of dwelling coverage can vary based on factors such as the size of your home, its features, and the cost of living in your area.

Average homeowners insurance cost in Frederick by company

Among the carriers analyzed, Travelers is the most affordable homeowners insurance company in Frederick, offering an average annual rate of $822.

State Farm ranks second, while Farmers holds the third spot with an average annual rate of $1,023.

Researching a company thoroughly before selecting a homeowners insurance policy is essential. Insure.com has meticulously reviewed all insurance companies operating in Frederick and compiled a list of the most affordable options.

Below are the details of home insurance companies in Frederick and their average annual premiums.

Home Insurance Company	Annual rate
Travelers	$822
State Farm	$988
Farmers	$1,023
Erie Insurance	$1,395
American Family	$1,506
Allstate	$1,723
Nationwide	$1,776
Chubb Ltd	$2,264
USAA*	$1,470

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Frederick for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.