Average homeowners insurance cost in Gillette, WY

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As per Insure.com’s rate data analysis, the average cost of homeowners insurance in Gillette is $2,229 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), It’s $353 less than the national average of $2,582.

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Gillette depend on several factors, including:

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

Nationwide is the cheapest homeowners insurance company in Gillette with an average annual premium of $2,229 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Gillette. Keep reading to learn about the monthly cost of homeowners insurance in Gillette, the cost for different dwelling coverage levels, and discover which companies provide the most affordable home insurance in Gillette.

Key takeaways

The average cost of homeowners insurance in Gillette is $2,229 per year.
Nationwide is the cheapest homeowners insurance company in Gillette with an average annual premium of $1,399.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $655 more a year for home insurance.

Average homeowners insurance cost in Gillette per month

According to Insure.com’s rate analysis, residents of Gillette pay an average of $186 per month for homeowners insurance. This is $29 more than the state average of $157 and $29 less than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Gillette can vary depending on your location, property value, and selected coverage options.

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

The average cost of homeowners insurance in Gillette, WY is $1,574 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 Gillette

Based on a rate analysis conducted by Insure.com, Gillette residents pay an average of $2,229 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $655 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

Average homeowners insurance cost in Gillette by company

After evaluating several carriers, Nationwide is the least expensive homeowners insurance provider in Gillette. It’s average annual rate for homeowners in Gillette is $1,399.

State Farm holds the second position, while Farmers secures the third spot with an average annual home insurance rate of $2,395.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Gillette and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Gillette and their average annual premiums.

Home Insurance Company	Annual rate
State Farm	$2,043
Farmers	$2,395
Allstate	$3,726
Nationwide	$1,399
USAA*	$1,582

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Gillette 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.