Homeowners Insurance in Fort Lauderdale, Florida

Fort Lauderdale is well known for its world-class beaches and nightlife along Las Olas Boulevard. But those lucky enough to own homes in one of the most beautiful parts of Florida know that many things can damage a home.

Hurricanes and flooding in Fort Lauderdale are huge concerns, as are unexpected house fires, torrential rains, and, unfortunately, burglary.

Due to these perils, the average cost of homeowners insurance in Florida is among the highest in the nation, and Fort Lauderdale’s prices only add fuel to that flame.

Average Cost of Homeowners Insurance in Fort Lauderdale, Florida

The average cost of homeowners insurance in Fort Lauderdale is about $2,959 annually, which is above the state’s average for similarly priced homes. But many factors, including your home’s value and which neighborhood of the city you live in, can affect your yearly cost.

Many factors affect premiums, such as your home’s construction and wind mitigation features. Wind mitigation includes various house characteristics that help your dwelling withstand strong winds, like those from hurricanes and tropical storms, which are a major concern to insurers in South Florida. Certain roof types, roof attachments, storm windows, and other protections are all wind mitigation features.

Since many of the less expensive homes in Fort Lauderdale were built before 2001, which is when the state put building code legislation in place to help prevent extensive damage from hurricanes and heavy winds, getting a wind mitigation can decrease your premium prices significantly.

To get the proper wind mitigation discounts on your Fort Lauderdale homeowners insurance, you must prove that your home has hurricane shutters, wind-resistant windows and doors and a hip roof that helps drive winds away from your home. While getting a new roof is the most expensive addition on the list, it will also save you the most money.

Best Homeowners Insurance Companies in Fort Lauderdale

The best homeowners insurance companies in Fort Lauderdale by cost are Florida Peninsula, Citizens, and American Platinum.

Each company has its pros and cons. Citizens, though, is a special case, as it’s run by the Florida state government. It was designed to be a last resort provider for citizens unable to find coverage in the standard market.

Unfortunately, Florida’s current home insurance landscape is out of sorts, forcing many more people to turn to Citizens than ever expected. The company is attempting to offload policyholders back to various private carriers.

Factors to Consider for Homeowners Insurance in Fort Lauderdale

Aside from uncontrollable weather-related events, like its location on the Atlantic Ocean in one of the most hurricane-prone parts of Florida, several other factors contribute to homeowners insurance rates in Fort Lauderdale. Let’s take a look at the most impactful factors you may be able to control:

• Deductible
• Insurance Score
• Home’s Age, Construction & Renovation
• Claims History
• Coverage Amounts
• Location & Crime

Fort Lauderdale Homeowners Insurance Coverages

Home insurance in Fort Lauderdale covers a multitude of factors that extend well beyond the structure of your home. While things like your roof, floors, kitchen and bathrooms are most commonly thought of when people think about homeowners insurance, let’s dive into the other facets of your policy you’ll want to know about.

Flood Insurance in Fort Lauderdale, Florida

Since Fort Lauderdale is only a few feet above sea level and it’s surrounded by water, from the Atlantic Ocean to the Intracoastal waterways and the New River that cuts directly through downtown off Las Olas, flooding is a major concern for the city’s residents.

Unfortunately, flood damage isn’t covered by homeowners insurance. You’ll need to purchase a separate flood insurance policy, which we can help you with as well!

Flood insurance protects your house and your personal belongings against many instances of flooding, including overflowing rivers, storm surge and heavy rains that overwhelm the city’s sewage system and find their way into your home.

Get a Quote From the Best Home Insurance Agency in Fort Lauderdale

At Clovered, we’ve partnered with Fort Lauderdale’s top homeowners insurance providers so we can provide you with the coverage you need at the best price. Simply answer a few questions about your home in our online quoting tool and we’ll customize a policy that meets your needs — and your budget.

If you’d just like to chat with a real person, you can also reach one of our licensed agents by phone Monday through Friday from 8:30 a.m. to 6 p.m. at 833-255-4117 or email us anytime at agent@clovered.com.