Homeowners Insurance in Jupiter, Florida (2024)

But the influx of people moving into Jupiter coupled with its lack of expansion space to build new homes is causing home values in one of Florida’s most coveted zip codes to skyrocket. With that, and the city’s susceptibility to hurricanes and other perils, homeowners insurance in Jupiter, Florida is rising along with it.

From what Jupiter homeowners insurance covers to how much it costs, what it covers and so much more, this is everything you need to know if you’re in the market.

Due to its location in Palm Beach County, which sees a high number of hurricane claims each year, and proximity to the Atlantic ocean, the average cost of homeowners insurance in Jupiter is well above the national and state averages at $6,837 per year for a $150,000 house, $12,383 for a $300,000 house and $17,759 for a $450,000 house.

While Florida’s annual average is $3,325, $6,026 and $8,644 per year for homes of the same values, the average numbers for Jupiter are just that — averages. Many factors go into the pricing of home insurance in Jupiter, Florida, including the probability of filing hurricane claims, how many other homeowners have filed claims in the past and what those costs were.

While some homeowners in this Florida city may be eligible for rates below the city’s average, some, unfortunately, pay much more in premiums. In fact, some residents have seen such increases in their homeowners insurance premiums that they’ve had to sell their homes because their premiums became unaffordable. 

The following averages are that of Jupiter’s top insurance companies and are based on real premiums for people residing in the city.

The premiums displayed in this article were obtained by the Florida Office of Insurance Regulation. They represent the most recent rate filings from the state’s largest insurers and can be utilized as an average of what Floridians can expect to pay for homeowners insurance each year. The example premiums are based on a policy for a Florida masonry home with a $500 non-hurricane deductible, a 2% hurricane deductible and no claims in the past three years.

While $6,837 is the annual average for a $150,000 house in Jupiter, you might notice that the majority of companies on the list are well below that number. However, what you can’t tell from that list are the two primary factors that insurers consider when determining your premiums: home age and wind mitigation.

Let’s take a look at how insurers categorize homes using these two factors when determining your premiums.

Now, let’s take a deeper dive and include those metrics. You’ll see that homes built from 2005 to the present day have much cheaper Jupiter homeowners insurance. That’s when the Sunshine State instituted new building codes that made builders better protect against wind damage during construction.

After further analyzing the data, you’ll see that homes built prior to 2001 with no wind mitigation features in place drastically increase the average premium prices in Jupiter.

However, upon digging deeper, you’ll find that homes built from 2005 and on enjoy average premiums of $4,687 per year — a bit above the state’s average of $2,400 for similar homes. Depending on your situation, you may be able to get homeowners insurance for around $4,500 since these averages account for higher and lower premiums that account for many factors.

Those factors can be both controlled and uncontrolled. For instance, you can choose your deductible and coverage amounts, but you may not be able to control your claims history or the location of or crime surrounding your home as well.

But what you may be most surprised about is that homeowners with pre-2001 construction homes who have taken the proper steps to mitigate wind damage (in the form of impact-resistant windows and doors and a hip roof) enjoy average premiums at $4,714 per year.

But whether you’re already living in Jupiter or eyeing it for your next home, you likely know that not many houses in the city are going for $150,000 these days. Property values are closer to the $300,000 and $450,000 marks, so let’s take a look at what you can expect to pay for homeowners insurance on a property of that magnitude.

The coverages below break down the tangible and intangible portions of home insurance in Jupiter, Florida. But the coverages extend to more than just the aforementioned examples, and refer to damage or destruction caused by a multitude of perils.

Those perils, a fancy insurance word for an unexpected event, are things like hurricanes, tornadoes, fires, burglary, water damage and dog bites — some of the most commonly filed homeowners claims each year.

Clovered, a Jupiter home insurance agency headquartered in nearby Fort Lauderdale, can help you find the best home insurance at the best price. We’ve partnered with Citizens, Universal Property & Casualty Insurance Company, and many other insurers to provide our customers with the best policies at the best rates with the best customer service.

Our company is located at the intersection of technology and real people. So we’ve developed an intuitive online quoting platform that allows you to get a quote in minutes, and we’ve staffed up our in-house sales and service teams so you can talk to a real person when you need to.

Given its location near the Atlantic Ocean to the east, Loxahatchee River to the north, the Lake Worth Creek running through the middle and the many other various bodies of water strewn throughout the city, it probably doesn’t surprise anyone that Jupiter is prone to flooding.

But what may surprise you is that flood damage isn’t covered by homeowners insurance. Whether it’s storm surge from a hurricane, a nearby body of water that overflows or torrential rains that seep into your home, you’ll need to purchase flood insurance in Jupiter, Florida to be adequately covered.

The good news is that flood insurance costs a fraction of the price of homeowners insurance, so it may only set you back from $300 to $600 per year, depending on your coverage amounts. It features many of the same facets as homeowners insurance (dwelling, other structures, personal property and loss of use), so you can rest easy knowing you’re covered.

Since the National Oceanic and Atmospheric Association is predicting an overactive hurricane season for the Atlantic coast in 2024, it’s likely a good idea to purchase flood insurance before you’re up to your ears in damage costs. 

With Clovered’s online quoting tool, getting an affordable policy in Jupiter is easier (and faster) than ever. Simply answer a few questions about your home, we’ll run some risk data and pull some fancy technical strings in the background, and then we’ll provide you with a few options that meet your coverage needs — and your budget.

And if you hit any snags during the process or just enjoy the comfort of talking to a real person, you can reach out to our team of licensed, in-house agents Monday through Friday from 8:30 a.m. to 6 p.m by calling 833-255-4117. Or you can email them anytime at [email protected].