Reno, NV Homeowners Insurance Quotes (2022)

Reno made its way to the top of the best small U.S. cities list in 2020, so if you’re moving to the city, you’ve made a great choice. “The Biggest Little City in the World” lies just 10 miles east of the California border, 25 miles from Nevada ’s capital, Carson City, and roughly 345 miles northwest of Las Vegas. Tourists love the city for its casinos and the annual Burning Man festival that takes place about 90 miles north of Reno. But locals have a deeper appreciation of Reno ’s art scene, small-town atmosphere, and proximity to nature, with hiking trails, hot springs, and Lake Tahoe all just a quick drive away.

Reno is also home to a University of Nevada campus and museums of art, history, and automobiles. And every year, the city puts on festivals like Artown and Hot August Nights, so you’ll never have to wonder how to spend a weekend in the Reno – Sparks area. But life in the desert is full of risks, and northern Nevada is prone to perils like earthquakes, wildfires, and even floods.

If you’re looking for property protection savings or shopping for home insurance for the first time, Insurify can help you get the perfect policy and the best premiums. Compare home insurance quotes and insurance agencies with Insurify’s comparison tools to find the best home insurance policy for you in just a few minutes.

For homeowners in Reno, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for your home.

To simplify comparing companies, Insurify has analyzed rates from top insurance providers in Reno. The following are the best insurance rates from carriers that offer homeowners insurance in Reno.

The median price for existing single-family homes in Reno just hit $500,000, so if you’re in the market for a new home, it’s going to cost you. If you thought buying a Reno home was stressful, then you’re in for a treat when it comes to taking care of your humble abode.

Nevada homeowners have to protect their property from wind, dust storms, and snow, and certain Reno neighborhoods have high wildfire and flood risks. Luckily, the best homeowners insurance coverage will protect your home from these perils and more.

If you have a mortgage, your lender will likely require that you insure your home, but home insurance isn’t legally required like car insurance is. Whether or not you’re required to purchase a policy, Nevada homeowners insurance helps pay for property damage caused by natural disasters and vandalism and replaces stolen belongings after burglaries. Plus, home insurance includes liability coverage to protect your family if someone is hurt on your property, and it can even pay for medical costs or additional living expenses while your home is repaired.

You can cater every part of your policy to fit your home’s specific insurance needs—from your coverage options to your deductible and even additional coverages. So keep reading for a full guide on Reno home insurance.

Homeowners insurance rates aren’t always designed with savings in mind. That’s where Insurify comes in. Our free home insurance comparison tool allows you to find the best policy for the best rate fast. And your information stays private and protected.

As of 2021, the average home insurance premium in Reno costs $3,195 annually, and the median home value is 438,326.

Home insurance rates in Reno are cheaper than in other cities like Las Vegas and even nearby Sun Valley. But you can save even more depending on which homeowners insurance company you choose.

Finding the cheapest premiums with companies like Allstate, State Farm, and Liberty Mutual is easy with Insurify. Make sure to get a quote from local agents and compare your potential insurers ’ financial strength and J.D. Power customer satisfaction ratings before you decide on a policy.

Average prices for standard homeowners insurance for a 7-15 year old home, $200,000 in coverage

If you’ve lived in the Reno – Sparks area for a while, you know that every neighborhood is different. Crime rates, natural disaster risk, and even the cost of homes range drastically from downtown to Cold Springs.

Home insurance prices are based on these ZIP code–specific variables, too. That’s why home insurance rates in northeast Reno are more expensive than rates in the northwest.

Rates in Reno are on par with the national average, but you could be left paying more or less depending on the specific area you live in.

There are several types of home insurance. Specific terms of insurance policies may vary by city, but in general, the standard policy types are as follows:

Downtown Reno is relatively safe from wildfires, but for homeowners on the outskirts of the city, fire is a serious risk. Most basic home insurance policies include fire as a covered loss, so the average Nevada homeowner is covered. Still, it’s important to know just how much coverage your home insurance policy actually includes and how you’ll be reimbursed for losses.

Your policy should have enough coverage to completely rebuild your home and replace all of your belongings in case of a total loss. The best way to calculate this value is by taking a home inventory of your most valuable possessions and calculating the cost of rebuilding homes in your neighborhood.

Once you know how much you’re covered for, you can start looking into how your policy pays out insurance claims. Most homeowners policies offer actual cash value coverage, meaning your insurer is only responsible for replacing your belongings at their condition prior to being damaged or stolen. For older items, this means you are only paid the depreciated value of your belongings based on their age and expected lifespan.

Replacement cost coverage, on the other hand, pays the total cost of repairing or replacing your belongings, regardless of their prior age or condition. If you want to make sure your family’s possessions are completely covered, a comprehensive home insurance policy with replacement cost coverage will give you peace of mind. These policies come at higher premiums, but if you anticipate relying on your insurance coverage, replacement cost is worth every penny.

You can also ask your insurance agent about additional coverage and separate fire insurance options if you’re looking for even more protection.

Nevada may get less than 10 inches of rain each year, but the Truckee River that runs through Reno leaves homeowners throughout the city vulnerable to floods. Since home insurance doesn’t cover flood damage, Reno homeowners should consider purchasing flood insurance.

Washoe County participates in the National Flood Insurance Program, so Reno residents can purchase flood coverage regardless of whether they live in one of the Federal Emergency Management Agency’s designated flood zones.

You can purchase flood insurance through the NFIP or with your private insurance company. Flood insurance policies have a 30-day waiting period before coverage kicks in, so make sure you’re prepared well before the next flood.

Gambling in Reno should be a little risky. Finding Reno home insurance coverage doesn’t need to be.