Homeowners Insurance in Nevada
The average Nevada homeowners premium is $1,013 a year (NAIC) — ▼ −42% versus the U.S. average of $1,737, ranking 49th of 51.
Average homeowners and renters insurance in Nevada
NAIC averages cover standard owner-occupied (HO-3) policies. Premiums scale with the cost to rebuild, so Nevada's median home value of $435,400 and its exposure to wind, hail and wildfire explain much of the difference from other states.
Natural hazard risk in Nevada
| Hazard | Expected loss rating | Score | Expected annual loss |
|---|---|---|---|
| Hail | 32.1 | $5,191,213 | |
| Tornado | 5.7 | $226,264 | |
| Hurricane | 0.0 | $0 | |
| Inland (river) flooding | 39.3 | $516,976,886 | |
| Coastal flooding | — | — | |
| Wildfire | 90.2 | $156,551,580 | |
| Earthquake | 82.1 | $366,159,115 | |
| Winter weather | 41.1 | $5,186,677 | |
| Strong wind | 11.3 | $3,230,862 | |
| Lightning | 11.5 | $4,415,167 |
Standard homeowners policies exclude flood and earthquake; both need separate coverage. Wind and hurricane damage is covered but often with a separate percentage deductible in coastal states.
Home Insurance Estimator
Estimated homeowners insurance by city
For a home at each city's median value, standard frame construction and a $1,000 deductible. The lowest estimate is in Fernley ($815) and the highest in Reno ($1,280).
| City | Median home value | Median year built | Hail / wind | Est. premium |
|---|---|---|---|---|
| Las Vegas | $427,900 | 1994 | Relatively High / Relatively Moderate | $990 |
| Henderson | $484,900 | 2001 | Relatively High / Relatively Moderate | $1,095 |
| North Las Vegas | $404,400 | 2003 | Relatively High / Relatively Moderate | $945 |
| Reno | $548,300 | 1990 | Relatively Low / Relatively Moderate | $1,280 |
| Sparks | $483,800 | 1993 | Relatively Low / Relatively Moderate | $1,155 |
| Carson City | $453,000 | 1981 | Very Low / Relatively Low | $935 |
| Fernley | $366,700 | 2001 | Very Low / Relatively Low | $815 |
| Mesquite | $388,600 | 2004 | Relatively High / Relatively Moderate | $915 |
Frequently asked questions
How much is homeowners insurance in Nevada?
NAIC data puts the average Nevada homeowners (HO-3) premium at $1,013 a year, ranking 49th of 51 (1 = most expensive). The national average is $1,737.
How much is renters insurance in Nevada?
The NAIC average renters (HO-4) premium in Nevada is $174 a year.
What natural hazards affect home insurance in Nevada?
FEMA's National Risk Index rates Nevada relatively high or very high for expected annual losses from wildfire. Standard homeowners policies exclude flood and earthquake, which need separate coverage.
Does homeowners insurance cover floods in Nevada?
No. Standard homeowners policies exclude flood damage. Flood coverage is sold separately through the National Flood Insurance Program (NFIP) or private insurers.
How we estimate this
We start from the NAIC average homeowners (HO-3) premium for the state, scale it by the ratio of the home value to the state median home value (Census ACS), adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for the county relative to the state. Results are rounded estimates, not quotes. Read the full methodology.
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (July 2026), Tables 4 and 5 (HO-3 and HO-4 average premiums)
- FEMA National Risk Index (state and county hazard ratings)
- U.S. Census Bureau, American Community Survey (home values, year built)
- National Flood Insurance Program