HomeInsuranceQts

Home Insurance in Tacoma, Washington

With a median home value of $479,600, Tacoma is 9% lower than the Pierce County median.

The typical home in Tacoma was built around 1967. About 43% of homes were built before 1960, about 24 points above Pierce County's 20%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

The housing stock in Tacoma is 64% single-family homes and 29% apartments in buildings with 5+ units.

In Tacoma, about 73% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Tacoma has an owner-occupancy rate of 56% and a vacancy rate of 4%; unoccupied homes typically need a different coverage form.

In Tacoma, 63% of homes are primarily heated with electricity.

FEMA rates Pierce County's overall risk as Relatively High, led by earthquake (Relatively High). Pierce County had 2,517 active NFIP flood policies as of September 2026. See the full Pierce County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.

The statewide average premium for a standard HO-3 homeowners policy in Washington is $1,232 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$479,600
Median year built1967
Owner-occupied share56%
Share of owner-occupied homes with a mortgage73%
Top county hazardEarthquake (Relatively High)
Active NFIP policies in Pierce County2,517
Home insurance premium$1,232 - statewide average (NAIC, 2023 data)
Key home insurance figures for Tacoma, WA

Nearby towns

Sources

Data last updated: 2026-09-29