Home Insurance in Las Vegas

No matter what you call it — from Sin City to the Entertainment Capital of the World — what happens in Vegas could end up making you want to stay longer than just a weekend getaway. If you decide to settle down, you’ll want to know your options for home insurance in Las Vegas. Between the bustling nightlife and casinos, the world-renowned performances and an endless abundance of ways to relax, it can be hard to say no to a city like Las Vegas. 

As the most populous city in the state of Nevada, Vegas brings home the prize when it comes to development and urban appeal. Like any major metropolitan area, familiarizing yourself with your surroundings and learning about things like the crime rates and weather patterns are an important step to getting settled in.

Whether you already live here or are taking the steps to decide if Vegas is the move for you, here at Hippo we take big strides to help you come to the best decision ensuring your home needs are covered. To learn more about settling down in the City of Lights, check out our guide.

How much is home insurance in Las Vegas?

Home insurance in Las Vegas costs on average $1,172 per year, which means you’re paying more than Nevada’s home insurance average of $849 but less compared to the nationwide average of $1,200. To put things into perspective, home insurance costs in Las Vegas come out to about eight tickets to a Las Vegas Raiders football game.

What factors influence my home insurance rate?

There’s a lot that can affect your home insurance premiums in Las Vegas, but the main factors are the condition of your home, its age, location and overall size. In this case, the average insurance premium in Vegas is lower than the nationwide average due to Nevada’s lack of disastrous weather but higher than the state average due to adjusted cost of living. 

What does home insurance in Las Vegas cover? 

Your typical home insurance in Las Vegas covers your dwelling, home contents and liability from a range of situations like fire or theft. 

Living in Vegas comes with a high risk for home fires, which often result in fatalities. Another common consideration for homeowners in Las Vegas is dealing with burglaries, which some neighborhoods are more prone to.

Considerations for Las Vegas residents

Whether you are considering moving to Las Vegas or you’re a long-term resident looking for a new home insurance policy, here’s what you need to know. Learning about risks like crime rates, weather data and what may affect your policy are all key to feeling confident in deciding your next step. 

Regardless of who you are or where you live, we all want to know that we can leave the house feeling like everything will be exactly where you left it upon return. One report suggests that although Vegas is considered safer than only 12% of cities in the United States, residents’ chances of suffering a violent crime are less in Vegas than in Nevada as a whole. 

While theft is covered in your home insurance, you may want to consider including additional protection for any customized or heirloom items like jewelry pieces (or anything explicitly listed as an exclusion under your policy). In this case, adding on scheduled personal property insurance in the case of theft might be one of the best ways to rest easy that the value of your things is preserved.  

When it comes to the weather, guessing the temperature in Sin City is hardly a gamble. With Vegas being located in the driest state nationwide and in the middle of the Mojave Desert, the heat can turn up pretty quickly. One of the resulting impacts of this high temperature is frequent house fires, so you may want to include additional home fire protection. 

With the long and intense summers that Vegas is known for, many people rely heavily on their HVAC systems for comfort. Because of this, HVAC maintenance and insurance coverage is crucial, so you aren’t left sweating it out all summer. Make sure to ask your provider if they provide HVAC coverage before signing any paperwork.

How to lower your home insurance premium

Even though home insurance in Las Vegas might seem expensive, it’s still lower than the nationwide average. Plus, taking steps to renovate your home can help lower your premium by making your home safer and less of a liability. Learning about the ways you can save money gives you the opportunity to keep your costs low and your property value high. 

If you’re unsure of what room to start renovating in your home and want to make sure you get the most bang for your buck, consider adding smart tech to your bathroom. Incorporating smart home technology here can increase your market value, provide added comfort and may even lower your utility bill.

Wanting to dive deeper into smart home technology that doesn’t live in your bathroom? Our smart home trends post breaks down all the devices you’ll want to incorporate into every part of your home.

Living in Las Vegas certainly comes with its perks, but none of those perks should be at the expense of feeling like your homeowners insurance isn’t exactly what you want it to be. Here at Hippo, we’re all about making sure your coverage fits your needs, so you can focus on soaking up all Vegas has to offer. So give us a call today for your free quote, and let's get on with the show.