Common home contents insurance prices enhance by 27% after a hearth – ValuePenguin

After an entire home is destroyed in a fire, the annual cost of that home's insurance policy increases by an average of 27% in all states and the District of Columbia. However, losing a home in a fire will result in different insurance premium changes depending on the condition in which it occurred.

In Florida, home insurance costs increase an average of 6% after a fire – the lowest of all states and the only less than 10%. Vice versa, Tariffs for home insurance in Mississippi and West Virginia increases an average of 42% after a fire, making them the most expensive states to experience fire damage.

1 Mississippi $ 2,236 42%
2 West Virginia $ 1,673 42%
3 Idaho $ 1,486 41%
4th Oregon $ 1,674 40%
5 Pennsylvania $ 1,251 39%
6th Michigan $ 2,156 39%
7th Maine $ 1,359 38%
8th Wisconsin $ 1,539 37%
9 Missouri $ 2,769 36%
10 Illinois $ 1,836 35%
11 North Carolina $ 1,897 35%
12th Nevada $ 1,469 34%

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Aside from Missississippi and West Virginia, two other states are seeing rate increases averaging more than 40%. Idaho home insurance premiums increase an average of 41% after a fire, while Oregon fires result in high rates Number of forest fires – by an average of 40%.

The most expensive state to buy after a fire for home insurance is Colorado, but fire damage there is a lower premium than the rest of the country. After a fire destroyed a home in Colorado, home insurance costs rise an average of 21% – six percentage points below the average.

Do you need special fire insurance?

Household contents insurance usually covers damage caused by fires – wilderness or residential fires. Fire damage is also insured if a fire is caused by an event that is normally not covered by household insurance, such as an earthquake.

Some homeowners or renters may want or need to purchase separate fire insurance in addition to their regular home or tenant insurance. Owners of homes with a history of damage or homes that are not a primary residence can apply for a independent fire policy to protect against damage. In addition, owners of homes built in high risk areas with frequent forest fires may be denied coverage by traditional insurance companies. These homeowners must buy instead Fair Access to Insurance Requirements (FAIR) plans Get insurance coverage.

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Conversely u003Cspan u003E u003Ca class = "ShortcodeLink – root ShortcodeLink – black " title = "Average cost of home insurance " href = "https: / / www.valuepenguin.com / average-cost-of-homeowners-insurance " u003E Home insurance tariffs u003C / a u003E u003C / span u003E in Mississippi and West Virginia is rising a fire by an average of 42%, which makes them one of the most expensive states, i n which fire damage occurs. u003C / p u003E n n u003Cp u003E u003Cdiv class = "ReactCompo nent – root " u003E n u003Cdiv class = "js-react-component-rendered js-react-component-SortableTable "data-component-name = " SortableTable " u003E n u003Cdiv class = " StyledRootWrapper-sc-3qeib4 jYHfZo " u003E u003Cdiv class = " StyledTableWrapper-sc- 5nmmx9 fesmOM " u003E u003Cdiv class = " StyledTableOverflowWrapper-sc-hixhp9 gVbnK " u003 classE u003 u003" StyledTable-sc-ujzn9t jVpJxq " u003n u003Cthedb8 " u003E u003Ctr u003E u003Cth colSpan = " 1 "width = " "class = " StyledHeaderCell-sc-nsptsd 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u003Ctr u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E5 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003EPennsylvania u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 1,251 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9e e frAYUA " u003E39% u003C / td u003E u003C / tr u003E u003Ctr u003E u003Ctd colSpan = " 1 "rowspan = " 1 "width = " "class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E6 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell -sc-5cu9ee XfhRD " u003EMichigan u003C / td u003E u003Ctd colSpan = " 1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 2.156 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E39% u003C / 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" u003E37% u003C / td u003E u003C / tr u003E u003Ctr u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E9 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003EMissouri u003C / td u003E u003Ctd colSpan = "1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 2.769 u003C / td u003E u003Ctd colSpan = " 1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee frAYUA " u003E36% u003C / td u003E u003C / tr u003E u003Ctr u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E10 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003EIllinois u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 1.836 u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E35% u003C / td u003E u003C / tr u003E u003Ctr u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E11 u003C / td u003E u003Ctd colSpan = "1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee XfhRD " u003ENorth Carolina u003C / td u003E u003Ctd colSpan = " 1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 1,897 u003C / td u003E u003Ctd colSpan = " 1 "rowspan = " 1 "width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E35% u003C / td u003E u003C / tr u003E u003Ctr u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003E12 u0 03C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee XfhRD " u003ENevada u003C / td u003E u003Ctd colSpan = "1 " rowspan = "1 " width = "" class = "StyledBodyCell-sc-5cu9ee frAYUA " u003E $ 1.469 u003C / td u003E u003Ctd colSpan = "1 "rowspan = " 1 "width = " "class = " StyledBodyCell-sc-5cu9ee frAYUA " u003E34% u003C / td u003E u003C / tr u003E u003C / tbody u003E u003C / table u003E u003C / div u003E u003C / div u003E u003Cdiv role = "button " class = "StyledExpander-sc-1gnrutu ckEygv " u003EShow all lines u003C / div u003E u003Cp class = "SortableTable – footnote " u003EStates are sorted according to the percentage difference between the cost of home insurance before and after a fire. The percentages are rounded. U003C / p u003E u003C / div u003E n u003C / div u003E n n u003Cscript type = "application / json " class = "js- React-Component "data-component-name = " SortableTable " u003E {" alignsHorizontal ": (" left ", " left ", " right ", " right ") , "alignsVertical ": (), "columnWidths ": (), "data ": (( "Rank ", "State ", "Average annual cost after fire ", "Difference "), ( "1 ", "Mississippi ", "$ 2,236 ", "42% "), ( "2 ", "West Virginia ", "$ 1,673 ", " 42% "), (" 3 ", " Idaho ", " $ 1.486 ", " 41% "), (" 4 ", " Oregon " , "1,674 $ ", "40% "), ( "5 ", "Pennsylvania ", "$ 1,251 ", "39% "), ( "6 ", "Michigan ", "$ 2,156 ", "39% "), ( "7 ", "Maine ", "$ 1,359 ", "38% "), ( " 8 ", " Wisconsin ", " 1,539 $ ", " 37% "), (" 9 ", " Missouri ", " 2,769 $ ", " 36% "), (" 10 ", " Illinois ", " $ 1,836 ", " 35% "), (" 11 ", " North Carolina ", " $ 1,897 ", "35% "), ( "12 ", "Nevada ", "$ 1,469 ", "34% "), ( "13 ", "Arizona ", " $ 1,844 ", " 34% "), (" 14 ", " Virginia ", " $ 2,105 ", " 33% "), (" 15 ", " Alaska ", " $ 1.725 ", " 33% "), (" 16 ", " Kentucky ", " 2,618 $ ", " 33% "), (" 17 " ", " Ohio ", " $ 1,707 ", " 31% "), (" 18 ", " Washington ", " $ 1,542 ", " 31% "), ( "19 ", "District of Columbia ", "$ 3,548 ", "30% "), ( "20 ", "California ", "2,299 $ ", " 30% "), (" 21 ", " New Mexico ", " $ 1,966 ", " 29% "), (" 22 ", " Kansas ", " $ 3,367 ", " 29% "), (" 23 ", " Alabama ", " 2,353 $ ", " 29% "), (" 24 ", " Indiana " ", " $ 1.562 ", " 29% "), (" 25 ", " Georgia ", " 2,250 $ ", " 29% "), (" 26 " , "Connecticut ", "2,069 $ ", "28% "), ( "27 ", "Maryland ", "1,782 $ ", "28% "), ( "28 ", "New Hampshire ", "$ 1,687 ", "27% "), ( "29 ", "Rhode Island ", "2,155 $ ", "27% "), ( "30 ", "North Dakota ", "2,279 $ ", "27% "), ( "31 ", "Minnesota ", "$ 2,677 ", "26% "), ( "32 ", "Arkansas ", "$ 2,338 ", "26% "), ( "33 ", "Delaware ", " $ 977 ", " 25% "), (" 34 ", " Utah ", " 1,419 $ ", " 25% "), (" 35 " ", " Nebraska ", " $ 3.044 ", " 25% "), (" 36 ", " Wyoming ", " $ 1.861 ", " 24% "), ( "37 ", "Massachusetts ", "$ 2,187 ", "24% "), ( "38 ", "Tennessee ", "$ 3,707 ", " 22% "), (" 39 ", " South Dakota ", " $ 2,567 ", " 22% "), (" 40 ", " Texas ", " $ 3,119 ", " 22% "), (" 41 ", " New Jersey ", " $ 1,448 ", " 21% "), (" 42 ", " Colorado " ", " $ 4.097 ", " 21% "), (" 43 ", " Vermont ", " 999 $ ", " 21% "), (" 44 " , "Iowa ", "$ 1,734 ", "21% "), ( "45 ", "Oklahoma ", "3,997 $ ", "20% "), ( "46 ", "Montana ", "$ 2,915 ", "18% "), ( "47 ", "South Carolina ", "$ 2,376 ", "17% "), (" 48 ", " New York ", " $ 1.732 ", " 15% "), (" 49 ", " Louisiana ", " $ 2.022 " , "15% "), ( "50 ", "Hawaii ", "$ 1,210 ", "11% "), ( "51 ", "Florida ", "$ 2,094 ", "6% ")), "footnote ": "The states are ranked according to the percentage difference between the cost of home insurance before and after a fire. The percentages are rounded. ", " HideHeaderRow ": false, " hasMarginBottom ": true, " isExpandable ": true, " isSortable ": false, " maxWidth ": " 1215 ", " minWidth ": " 100% ", " showSearch ": false, " sortColumnIndex ": 0, " sortDirection ": " asc "} u003C / script u003E n n u003C / div u003E u003C / p u003E n n u003Cp u003E In addition to Missississippi and West Virginia, two other states are seeing rate increases averaging more than 40% after a fire, an average of 41%, while fires in Oregon cause high rates that have high levels of u003Cspan u003E u003Ca class = "ShortcodeLink – root ShortcodeLink – black " title = "Wildfire Statistics ". href = "https: //www.valuepenguin.com/wildfire-statistics"u003E number of forest fires u003C / a u003E u003C / span u003E u2014 increase by an average of 40%. u003C / p u003E n n u003Cp u003EThe most expensive state for home insurance after a fire is Colorado, but fire damage leads to damage there a below average premium than in the rest of the country. After a fire destroys a home in Colorado, home contents insurance costs go up an average of 21% u2014 six percentage points below the average. U003C / p u003E n n u003Ch3 u003E Do you need special fire insurance? U003C / h3 u003E n n u003Cp u003E u003Cspan u003E u003Ca class = "ShortcodeLink – root ShortcodeLink – black " title = "What does home insurance cover? " href = "https : / / www.valuepenguin.com / homeowners-insurance-coverage " u003EHome insurance generally covers damage u003C / a u003E u003C / span u003E caused by wildfires or apartment fires . Fire damage is even covered if a fire is caused by an event that is not normally covered by home insurance, such as home insurance. B. an earthquake. You even have to take out separate fire insurance in addition to your regular household or tenant insurance. Owners of homes with a history of damage or those that are not a primary residence can get a u003Cspan u003E u003Ca class = "ShortcodeLink – root ShortcodeLink – black " title = "Do I need separate fire insurance coverage for my home ? "href = " https: / / www.valuepenguin.com / homeowners-insurance-fire-smoke-wildfire-damage " u003C / a u003E u003C / span u003E to protect against damage. In addition, owners of homes built in high risk areas with frequent forest fires may be denied coverage by traditional insurance companies. These homeowners must instead u003Cspan u003E u003Ca class = "ShortcodeLink – root ShortcodeLink – black " title = "How to insure a high risk home " href = "https: / / www .valuepenguin.com / homeowners-insurance / fair-plans-and-how-do-you-insure-high-risk-home " u003EFair Access to Insurance Requirements (FAIR) plans u003C / a u003E u003C / span u003E to get insurance coverage. u003C / p u003E n n u003Cp u003E "," padding ":" double "}

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