Homeowners Insurance in Plantation, Florida

With a population of more than 96,000, Plantation, Florida is in the heart of Broward County (just west of Fort Lauderdale) and is a principal city in the Miami metropolitan area.

Given its prime location in the South Florida travel corridor — and its borders to the Florida Turnpike and interstates 75, 95 and 595 — Plantation is the perfect spot for commuters to all locations in South Florida.

But before purchasing a home in the city, you must know of the average cost of home insurance in Plantation, Florida, what it covers and many other facets. Let’s take a look.

The average cost of Plantation, Florida home insurance is about $7,655 annually, or about 162% above the average rate in the state of $2,924 annually. While this rate is well above the state average, it’s also considered very expensive on the national stage.

But the average costs are determined by a multitude of factors, including which company you choose, when your home was built, your coverage amounts, deductibles and claims history. Let’s start with the companies first and work our way through some of the other most important factors.

Aside from the aforementioned factors, your home’s wind mitigation factors and the year it was built have the biggest impacts on your rate. The state’s building codes were updated in 2001 to help prevent hurricane damage, so homeowners living in a home constructed from 2001 to the present day enjoy far more affordable average cost of home insurance in Plantation.

Those living in homes built over 20 years ago may see much higher premiums without wind mitigation features added to their homes. These features may include things like a hip roof and impact resistant windows. These upgrades help fortify homes to better withstand the all-too-common heavy winds of the Sunshine State and may help lower your premiums, too.

Adding wind mitigation features to your older home can help lower your premiums because it decreases your risk of filing a claim. When determining your rates, your insurer uses many factors about you and your home to determine your risk of filing a claim. If you’re at an above-average risk of claiming a property loss, you may see above-average premiums to make up for that risk.

As an insurance agency operating in Plantation and headquartered nearby in Fort Lauderdale, Clovered is at the forefront of the homeowners insurance evolution. We’ve partnered with the best home insurance companies in the area so we can provide you with the best policies at the best prices.

As seen in the table above, Next Insurance and People’s Trust have the best average rates from the data we collected. Additionally, our partners Edison and TypTap offer competitive rates, and we can offer policies from many other insurers, too. So, you can always count on Clovered to have the best premiums.

Plus getting a quote is quick, easy and free. All you have to do is answer a few questions about your property in our online quoting engine, we’ll pull your home’s data and offer you a customized policy that fits your budget.

While State Farm is one of the largest auto carriers in Florida, it doesn’t do as much business in Florida’s housing sector. Since it takes on much less risk by not writing as much business in the area, the average premiums may be a bit more affordable if you’re able to get a quote from this insurer.

Plantation home insurance covers a variety of things pertaining to your property, including your home, personal belongings and many other structures that may be located on the property. But let’s take a look at some coverage examples.

Dwelling coverage, or Coverage A, can protect you if a covered peril damages elements of your home’s structure. This may include things like your roof, walls, pipes, flooring, and more.

Other structures coverage, or Coverage B, can cover the fixtures on your property that aren’t attached to your main dwelling if they suffer damage from a covered peril. It can help you repair or replace your fence, detached garage, carport, pool, and more.

Personal property coverage, or Coverage C, helps guard the items you store in your home and on your property, should they suffer damage from a covered peril. The list of covered items is long and may include your patio furniture, lawnmower, sports equipment, clothing, electronics, and more.

Loss of use coverage, or Coverage D, may help you cover temporary living expenses following significant damage to your home that renders it uninhabitable. It may help you cover bills for temporary housing, groceries, and more.

Liability coverage, or Coverage E, may help you if you’re found liable for a guest’s injuries on your property or damage to someone else’s property. It can help you cover things like medical expenses and legal fees.

Medical payments coverage, or Coverage F, may be used to cover a guest’s medical bills following a minor injury on your property, regardless of who was at fault.

Since we partner with the top home insurance companies in Plantation, using our online quoting platform is the best way to get a quote. Just answer a few questions about your property, we’ll run some numbers behind the scenes and then pair you with the perfect policy at the right price.

You can also call one of our many in-house agents at 833-255-4117 from 8:30 a.m. to 6 p.m. Monday through Friday or reach them via email at agent@clovered.com.