"While Gulf and coastal states struggle with steep affordability challenges, new data from the U.S. Census Bureau and the Realtor.com® 2025 Climate Risk Report show that Nevada remains one of the most affordable markets for homeowners coverage. However, there are still thousands of Nevada homeowners who have had their insurance policies canceled or not renewed due to wildfire risk, prompting state lawmakers to warn that "a crisis is brewing" in some parts of the state."
"According to the American Community Survey (ACS) data from the U.S. Census Bureau , Nevada homeowners with a mortgage typically pay $1,000-$1,499 annually for homeowners insurance, while those without a mortgage average $800-$999. Overall statewide costs fall into the $800-$999 range."
Homeowners in Nevada pay some of the lowest homeowners insurance premiums in the country while national averages rise. Gulf and coastal states face steep affordability challenges. U.S. Census Bureau American Community Survey data and the Realtor.com® 2025 Climate Risk Report show Nevada as one of the most affordable markets for homeowners coverage. Thousands of Nevada homeowners have had policies canceled or not renewed because of wildfire risk, prompting state lawmakers to warn that "a crisis is brewing" in some parts of the state. Nevada has 744,844 insured homeowner households, 486,194 with a mortgage and 258,650 without.
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