Wisconsin Homeowners Insurance

Wisconsin homeowners pay $812 a year for homeowners insurance on average. That's 31% below the roughly $1,172 national average. That makes Wisconsin the 5th-cheapest state for homeowners insurance in the country. Below-average rates; moderate weather risk with no coastal exposure. Lake Michigan shoreline faces wind/erosion risk. The main factors driving that number are Severe thunderstorms, Hail, Tornadoes and Lake-effect snow. Flood risk is comparatively low statewide, though local exposure can still vary by address. Homeowners insurance isn't legally mandated in Wisconsin, but any mortgage lender will require it as a condition of the loan. Wisconsin has no dedicated state insurer-of-last-resort program — coverage runs through the standard private market.