Best and Cheapest Florida Homeowners Insurance

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  • Best and Cheapest Florida Homeowners Insurance

From Key West up to the Florida Panhandle, every city in Florida is susceptible to hurricanes, tornadoes that spawn from them and many other perils that could prove catastrophic to you, your family and your financial wellbeing.

That’s why Florida is the most expensive state for homeowners insurance.

How expensive? Well, we’ve created the most in-depth Florida homeowners insurance premiums breakdown so you know where to get an affordable policy, which companies to choose from and much more. Let’s get to it.

How Much Is Homeowners Insurance in Florida?

The average cost of homeowners insurance in Florida is $2,533 per year for a $150,000 house, $4,386 per year for a $300,000 house and $5,849 per year for a $450,000 house. But those are just averages and many factors play key roles in how much you’ll pay.

The greatest factor is the city and county you live in. That’s because some counties are more susceptible to hurricane damage, and some of those counties have older homes that may not be fortified to combat strong hurricane winds from damaging them.

Other factors include the levels of coverage you maintain, any discounts you may or may not qualify for, the company that insures the policy, and a multitude of other components that relate to the property and policyholder. Before we dive into all of that, let’s go over the average Florida homeowners insurance rates by county in alphabetical order.

Florida Homeowners Insurance Rates by County for 2022

County

1. Alachua
2. Baker
3. Bay
4. Bradford
5. Brevard
6. Broward
7. Calhoun
8. Charlotte
9. Citrus
10. Clay
11. Collier
12. Columbia
13. DeSoto
14. Dixie
15. Duval
16. Escambia
17. Flagler
18. Franklin
19. Gadsden
20. Gilchrist
21. Glades
22. Gulf
23. Hamilton
24. Hardee
25. Hendry
26. Hernando
27. Highlands
28. Hillsborough
29. Holmes
30. Indian River
31. Jackson
32. Jefferson
33. Lafayette
34. Lake
35. Lee
36. Leon
37. Levy
38. Liberty
39. Madison
40. Manatee
41. Marion
42. Martin
43. Miami-Dade
44. Monroe
45. Nassau
46. Okaloosa
47. Okeechobee
48. Orange
49. Osceola
50. Palm Beach
51. Pasco
52. Pinellas
53. Polk
54. Putnam
55. Santa Rosa
56. Sarasota
57. Seminole
58. St. Johns
59. St. Lucie
60. Sumter
61. Suwannee
62. Taylor
63. Union
64. Volusia
65. Wakulla
66. Walton
67. Washington
Florida Average

$150,000 House

$1,539
$1,744
$2,553
$1,700
$2,859
$5,607
$1,929
$2,876
$2,567
$1,524
$3,714
$1,707
$2,349
$1,872
$1,761
$2,934
$1,865
$2,769
$1,760
$1,811
$2,640
$2,532
$1,702
$2,313
$2,805
$3,371
$2,216
$2,852
$1,909
$3,743
$1,870
$1,821
$1,866
$1,940
$3,095
$1,515
$1,924
$1,910
$1,723
$2,595
$1,748
$4,522
$6,597
$5,660
$1,693
$2,929
$2,852
$2,328
$2,516
$4,991
$3,241
$3,090
$2,360
$1,530
$2,946
$2,609
$2,281
$1,785
$4,161
$1,884
$1,788
$1,924
$1,707
$2,038
$2,215
$2,615
$1,930
$2,533

$300,000 House

$2,672
$3,020
$4,425
$2,943
$4,942
$9,699
$3,340
$4,980
$4,452
$2,641
$6,431
$2,957
$4,072
$3,242
$3,050
$5,086
$3,228
$4,793
$3,042
$3,133
$4,567
$4,383
$2,948
$4,009
$4,857
$5,865
$3,842
$4,936
$3,303
$6,476
$3,235
$3,155
$3,230
$3,364
$5,354
$2,622
$3,332
$3,307
$2,984
$4,492
$3,034
$7,824
$11,421
$9,764
$2,933
$5,077
$4,938
$4,038
$4,367
$8,617
$5,630
$5,340
$4,083
$2,652
$5,104
$4,514
$3,956
$3,088
$7,206
$3,266
$3,097
$3,335
$2,957
$3,522
$3,831
$4,534
$3,341
$4,386

$450,000 House

$3,671
$4,022
$5,930
$3,914
$6,543
$12,939
$4,450
$6,648
$5,993
$3,522
$8,607
$3,932
$5,445
$4,322
$4,060
$6,815
$4,299
$6,406
$4,038
$4,166
$6,078
$5,844
$3,919
$5,355
$6,479
$7,931
$5,121
$6,553
$4,400
$8,609
$4,306
$4,212
$4,294
$4,481
$7,117
$3,492
$4,447
$4,402
$3,969
$5,986
$4,071
$10,440
$15,280
$12,879
$3,912
$6,812
$6,594
$5,396
$5,858
$11,377
$7,565
$7,065
$5,411
$3,537
$6,821
$5,999
$5,288
$4,103
$9,611
$4,346
$4,128
$4,465
$3,932
$4,657
$5,105
$6,075
$4,451
$5,849

It’s Time to Switch Your Homeowners Insurance

We partner with the nation’s top homeowners insurance companies so you can get a custom policy at an affordable price.

Florida Office of Insurance Regulation Premium Consideration Factors

The premiums displayed in this article were obtained by the Florida Office of Insurance Regulation. They represent the 2022 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.

Pre-2001 Construction House With No Wind Mitigation

This risk is for a Florida masonry home with a current replacement value of $150,000, a $500 non-hurricane deductible, a 2% hurricane deductible, and no claims in the past three years. Premium examples are shown for no wind mitigation features.

Pre-2001 Construction House with Wind Mitigation

This risk is for a Florida masonry home with a current replacement value of $150,000, a $500 non-hurricane deductible, a 2% hurricane deductible, and no claims in the past three years. Premium examples are shown for maximum wind mitigation features.

2001 to Present Construction

This risk is for a Florida masonry home with a current replacement value of $300,000, a $500 non-hurricane deductible, a 2% hurricane deductible, no claims in the past three years, and minimum premium discounts for limited wind mitigation features and no hip roof.

*Wind Mitigation

A wind mitigation is any protection on your home that helps decrease the damage caused by strong winds like a hurricane. This can include certain roof attachments and coverings, extra water-resistant seals and impact-resistant doors and windows. Wind mitigations typically result in deep discounts on your home insurance premiums, so you’ll want to get one.

As you can see above, there are three main categories insurers use to calculate the average cost of homeowners insurance in Florida. The two categories, homes built before 2001, are split between those homes with wind mitigation features in effect and those without wind mitigation features in effect.

The third category represents homes built from 2001 to the present day. In 2001, state legislators passed new building codes for homes across the Sunshine State, requiring them to have wind mitigation features built in, so those homes were built to withstand stronger hurricane-force winds.

The numbers above represent the averages by county of all three categories at play. But those averages can be far from the premiums you may pay, especially if your home was built during the era of enhanced building codes or you’ve taken the proper steps to help mitigate wind damage.

To provide you with the most accurate representation of what you can expect to pay, we’ve created the most extensive breakdown of Florida homeowners insurance rates by county. Let’s dive into them.

Florida Homeowners Insurance Rates by County for $150,000 Homes in 2022

County

1. Alachua
2. Baker
3. Bay
4. Bradford
5. Brevard
6. Broward
7. Calhoun
8. Charlotte
9. Citrus
10. Clay
11. Collier
12. Columbia
13. DeSoto
14. Dixie
15. Duval
16. Escambia
17. Flagler
18. Franklin
19. Gadsden
20. Gilchrist
21. Glades
22. Gulf
23. Hamilton
24. Hardee
25. Hendry
26. Hernando
27. Highlands
28. Hillsborough
29. Holmes
30. Indian River
31. Jackson
32. Jefferson
33. Lafayette
34. Lake
35. Lee
36. Leon
37. Levy
38. Liberty
39. Madison
40. Manatee
41. Marion
42. Martin
43. Miami-Dade
44. Monroe
45. Nassau
46. Okaloosa
47. Okeechobee
48. Orange
49. Osceola
50. Palm Beach
51. Pasco
52. Pinellas
53. Polk
54. Putnam
55. Santa Rosa
56. Sarasota
57. Seminole
58. St. Johns
59. St. Lucie
60. Sumter
61. Suwannee
62. Taylor
63. Union
64. Volusia
65. Wakulla
66. Walton
67. Washington
Florida Average

Pre-2001 No Wind

$1,951
$2,206
$3,756
$2,150
$4,342
$8,880
$2,501
$4,391
$3,414
$1,972
$5,900
$2,149
$3,333
$2,576
$2,345
$4,453
$2,666
$4,181
$2,218
$2,323
$3,905
$3,716
$2,130
$3,220
$4,181
$4,351
$3,187
$3,852
$2,429
$5,929
$2,372
$2,382
$2,401
$2,595
$4,738
$1,926
$2,677
$2,444
$2,160
$3,994
$2,270
$7,305
$10,453
$10,145
$2,303
$4,364
$4,257
$3,077
$3,361
$7,923
$4,316
$4,633
$3,131
$1,973
$4,443
$4,060
$3,024
$2,539
$6,601
$2,519
$2,272
$2,607
$2,142
$2,956
$3,144
$3,852
$2,501
$3,649

Pre-2001 w/ Wind

$1,370
$1,565
$1,960
$1,523
$2,106
$4,135
$1,696
$2,108
$2,190
$1,338
$2,594
$1,536
$1,864
$1,561
$1,509
$2,177
$1,483
$2,081
$1,584
$1,603
$2,001
$1,956
$1,535
$1,878
$2,121
$2,911
$1,742
$2,400
$1,702
$2,609
$1,677
$1,583
$1,646
$1,644
$2,261
$1,354
$1,576
$1,690
$1,553
$1,883
$1,522
$3,071
$4,834
$3,351
$1,425
$2,215
$2,153
$2,015
$2,162
$3,471
$2,729
$2,326
$2,019
$1,350
$2,196
$1,867
$1,972
$1,435
$2,897
$1,606
$1,598
$1,619
$1,540
$1,592
$1,777
$2,007
$1,687
$2,002

2001-Present

$1,295
$1,460
$1,942
$1,427
$2,129
$3,804
$1,589
$2,128
$2,096
$1,261
$2,648
$1,437
$1,849
$1,481
$1,429
$2,173
$1,445
$2,045
$1,478
$1,507
$2,014
$1,924
$1,442
$1,840
$2,114
$2,852
$1,720
$2,303
$1,596
$2,693
$1,562
$1,498
$1,551
$1,582
$2,285
$1,265
$1,519
$1,596
$1,455
$1,907
$1,453
$3,189
$4,504
$3,485
$1,351
$2,209
$2,145
$1,894
$2,027
$3,580
$2,677
$2,312
$1,929
$1,268
$2,199
$1,899
$1,849
$1,380
$2,984
$1,528
$1,492
$1,546
$1,439
$1,565
$1,723
$1,988
$1,601
$1,949

As you can see from the numbers above, the average premiums for homes with wind mitigation features in effect, even those built prior to the new building codes in 2001, are below the county’s average for $150,000 homes. Depending on the county, those rates are significantly lower.

For instance, the most expensive county for $150,000 worth of homeowners insurance is Miami-Dade, averaging $6,597 per year. But homeowners with houses built before 2001 with wind mitigation features in place pay an average of $4,834 ($1,763 below the county average), and homeowners with houses built from 2001 on pay an average of $4,504 ($2,093 below the county average).

Conversely, Leon county boasts the honor of being the cheapest home insurance in Florida by county. Its residents pay an average of $1,515 per year for homeowners insurance. But homeowners with wind mitigation measures in place pay an average of $1,354 (homes built before 2001) and $1,265 (homes built from 2001 on).

But Florida is becoming a hotbed for homeowners, and housing prices are increasing drastically to match the influx of residents moving to the Sunshine State. So, in many counties across the state, you’ll be hard-pressed to find a house for $150,000.

It’s Time to Switch Your Homeowners Insurance

We partner with the nation’s top homeowners insurance companies so you can get a custom policy at an affordable price.

Like the in-depth breakdown of $150,000 houses, we also created a county-by-county breakdown for houses worth $300,000. Let’s take a look at those average premiums.

Florida Homeowners Insurance Rates by County for $300,000 Homes in 2022

County

1. Alachua
2. Baker
3. Bay
4. Bradford
5. Brevard
6. Broward
7. Calhoun
8. Charlotte
9. Citrus
10. Clay
11. Collier
12. Columbia
13. DeSoto
14. Dixie
15. Duval
16. Escambia
17. Flagler
18. Franklin
19. Gadsden
20. Gilchrist
21. Glades
22. Gulf
23. Hamilton
24. Hardee
25. Hendry
26. Hernando
27. Highlands
28. Hillsborough
29. Holmes
30. Indian River
31. Jackson
32. Jefferson
33. Lafayette
34. Lake
35. Lee
36. Leon
37. Levy
38. Liberty
39. Madison
40. Manatee
41. Marion
42. Martin
43. Miami-Dade
44. Monroe
45. Nassau
46. Okaloosa
47. Okeechobee
48. Orange
49. Osceola
50. Palm Beach
51. Pasco
52. Pinellas
53. Polk
54. Putnam
55. Santa Rosa
56. Sarasota
57. Seminole
58. St. Johns
59. St. Lucie
60. Sumter
61. Suwannee
62. Taylor
63. Union
64. Volusia
65. Wakulla
66. Walton
67. Washington
Florida Average

Pre-2001 No Wind

$3,379
$3,819
$6,507
$3,721
$7,498
$15,334
$4,328
$7,599
$5,915
$3,415
$10,210
$3,719
$5,772
$4,456
$4,059
$7,714
$4,610
$7,236
$3,832
$4,018
$6,748
$6,429
$3,686
$5,573
$7,230
$7,553
$5,516
$6,658
$4,202
$10,247
$4,102
$4,125
$4,153
$4,493
$8,189
$3,331
$4,634
$4,230
$3,739
$6,909
$3,933
$12,626
$18,043
$17,466
$3,988
$7,558
$7,364
$5,328
$5,820
$13,659
$7,485
$7,996
$5,409
$3,416
$7,692
$7,018
$5,237
$4,387
$11,423
$4,359
$3,935
$4,515
$3,708
$5,101
$5,436
$6,672
$4,328
$6,310

Pre-2001 w/ Wind

$2,373
$2,708
$3,395
$2,633
$3,644
$7,160
$2,934
$3,650
$3,796
$2,316
$4,492
$2,657
$3,229
$2,701
$2,611
$3,770
$2,568
$3,601
$2,735
$2,770
$3,463
$3,383
$2,655
$3,255
$3,673
$5,057
$3,019
$4,154
$2,940
$4,516
$2,896
$2,739
$2,845
$2,849
$3,914
$2,342
$2,726
$2,922
$2,686
$3,260
$2,639
$5,319
$8,384
$5,802
$2,466
$3,836
$3,728
$3,492
$3,751
$6,006
$4,736
$4,025
$3,495
$2,337
$3,802
$3,232
$3,417
$2,484
$5,017
$2,784
$2,765
$2,803
$2,663
$2,755
$3,072
$3,475
$2,918
$3,466

2001-Present

$2,265
$2,535
$3,375
$2,476
$3,685
$6,604
$2,757
$3,692
$3,646
$2,192
$4,591
$2,493
$3,215
$2,568
$2,481
$3,775
$2,508
$3,543
$2,558
$2,612
$3,490
$3,336
$2,503
$3,199
$3,668
$4,984
$2,990
$3,996
$2,766
$4,665
$2,706
$2,601
$2,690
$2,751
$3,960
$2,194
$2,635
$2,768
$2,526
$3,308
$2,531
$5,525
$7,838
$6,023
$2,345
$3,836
$3,722
$3,294
$3,531
$6,185
$4,669
$4,000
$3,346
$2,204
$3,819
$3,292
$3,215
$2,392
$5,178
$2,657
$2,592
$2,687
$2,498
$2,709
$2,984
$3,453
$2,778
$3,382

The same can be said about the averages for $300,000 houses. If you have wind mitigation features in place — no matter what year your home was built — there’s a great chance you’ll pay less than your county’s average for a $300,000 house.

Let’s use the same county of Miami-Dade, the most expensive premiums in the state for $300,000 homes.

In Miami-Dade, the average cost of homeowners insurance for a $300,000 house is $11,421 per year. But homeowners with wind mitigation features in place pay an average of $8,384 for homes built before 2001 and $7,838 for homes built from 2001 to the present day. That’s $3,037 less for the former category and a whopping $3,583 less for the latter category.

The four most expensive counties for premiums on $300,000 houses (Miami-Dade at $11,421, Monroe at $9,764, Broward at $9,699 and Palm Beach at $8,617 — all located in South Florida) pay more than $8,600 per year on average. But homeowners with wind mitigation features can pay anywhere from $2,611 to $3,583 less per year on average.

It’s Time to Switch Your Homeowners Insurance

We partner with the nation’s top homeowners insurance companies so you can get a custom policy at an affordable price.

But the same thing we said about $150,000 homes being hard to come by in the Sunshine State can also be true for $300,000 homes, especially in South Florida, seaside towns and the state’s major cities. So we also broke down the numbers for $450,000 houses.

Florida Homeowners Insurance Rates by County for $450,000 Homes in 2022

County

1. Alachua
2. Baker
3. Bay
4. Bradford
5. Brevard
6. Broward
7. Calhoun
8. Charlotte
9. Citrus
10. Clay
11. Collier
12. Columbia
13. DeSoto
14. Dixie
15. Duval
16. Escambia
17. Flagler
18. Franklin
19. Gadsden
20. Gilchrist
21. Glades
22. Gulf
23. Hamilton
24. Hardee
25. Hendry
26. Hernando
27. Highlands
28. Hillsborough
29. Holmes
30. Indian River
31. Jackson
32. Jefferson
33. Lafayette
34. Lake
35. Lee
36. Leon
37. Levy
38. Liberty
39. Madison
40. Manatee
41. Marion
42. Martin
43. Miami-Dade
44. Monroe
45. Nassau
46. Okaloosa
47. Okeechobee
48. Orange
49. Osceola
50. Palm Beach
51. Pasco
52. Pinellas
53. Polk
54. Putnam
55. Santa Rosa
56. Sarasota
57. Seminole
58. St. Johns
59. St. Lucie
60. Sumter
61. Suwannee
62. Taylor
63. Union
64. Volusia
65. Wakulla
66. Walton
67. Washington
Florida Average

Pre-2001 No Wind

$4,645
$5,248
$8,946
$5,108
$10,156
$20,732
$5,939
$10,389
$8,138
$4,693
$13,954
$5,106
$7,916
$6,100
$5,570
$10,601
$6,290
$9,909
$5,231
$5,496
$9,171
$8,791
$5,058
$7,632
$9,860
$10,478
$7,543
$9,074
$5,758
$13,931
$5,615
$5,677
$5,689
$6,161
$11,142
$4,563
$6,355
$5,798
$5,134
$9,436
$5,414
$17,167
$24,336
$23,285
$5,478
$10,381
$10,051
$7,312
$7,992
$18,371
$10,334
$10,810
$7,356
$4,694
$10,545
$9,551
$7,192
$5,972
$15,615
$5,970
$5,414
$6,208
$5,090
$6,899
$7,415
$9,171
$5,939
$8,612

Pre-2001 w/ Wind

$3,297
$3,741
$4,740
$3,634
$5,122
$10,115
$4,055
$5,120
$5,296
$3,216
$6,316
$3,668
$4,518
$3,751
$3,618
$5,276
$3,589
$5,020
$3,755
$3,821
$4,854
$4,715
$3,665
$4,554
$5,154
$7,097
$4,240
$5,793
$4,048
$6,368
$3,985
$3,790
$3,928
$3,982
$5,502
$3,238
$3,788
$4,038
$3,710
$4,576
$3,685
$7,527
$11,943
$8,403
$3,422
$5,360
$5,233
$4,874
$5,262
$8,506
$6,637
$5,660
$4,871
$3,246
$5,323
$4,549
$4,768
$3,469
$7,066
$3,888
$3,822
$3,899
$3,677
$3,859
$4,271
$4,854
$4,032
$4,848

2001-Present

$3,096
$3,081
$4,112
$3,007
$4,473
$8,082
$3,349
$4,494
$4,447
$2,670
$5,585
$3,029
$3,921
$3,119
$3,015
$4,599
$3,050
$4,303
$3,093
$3,168
$4,241
$4,052
$3,041
$3,901
$4,464
$6,119
$3,648
$4,856
$3,353
$5,670
$3,278
$3,164
$3,265
$3,356
$4,814
$2,665
$3,203
$3,363
$3,070
$4,024
$3,091
$6,720
$9,635
$7,350
$2,852
$4,672
$4,530
$4,018
$4,317
$7,494
$5,716
$4,852
$4,067
$2,685
$4,650
$4,002
$3,922
$2,905
$6,305
$3,238
$3,152
$3,274
$3,035
$3,286
$3,620
$4,208
$3,374
$4,122

Now this is where the average premiums look like they get out of hand quite a bit. For instance, for homes built before 2001 with no wind mitigation features in place, 18 different counties have average premiums over $10,000 per year and three counties average over $20,000.

But the averages for each county are nearly cut in half for those homeowners with wind mitigation features in effect. For instance, for $450,000 houses, Miami-Dade is by far the most expensive, averaging $15,280 and $24,336 for those without wind mitigation features. But homes built from 2001 to the present day average $9,635 per year, an astounding $14,701 less than their non-wind-mitigated neighbors.

The moral of the story is to update your home with wind mitigation features, especially if you live in more expensive counties and areas prone to hurricane damage. But we’ll dive even deeper into the potential savings of wind mitigation later in the article.

It’s Time to Switch Your Homeowners Insurance

We partner with the nation’s top homeowners insurance companies so you can get a custom policy at an affordable price.

Where Can You Get the Cheapest Homeowners Insurance in Florida?

With the inherent risk of hurricane damage to homes increasingly growing year after year, some Florida home insurance companies have either decided to stop writing policies in Florida or have gone out of business altogether.

While the cheapest homeowners insurance in Florida varies each year by company, the cheapest counties to get homeowners insurance stays relatively similar each year. So let’s first take a look at the cheapest counties in Florida to get a policy.

10 Cheapest Counties in Florida for Homeowners Insurance

County

1. Leon
2. Clay
3. Putnam
4. Alachua
5. Nassau
6. Bradford
7. Hamilton
8. Union
9. Columbia
10. Madison

$150,000 House

$1,515
$1,524
$1,530
$1,539
$1,693
$1,700
$1,702
$1,707
$1,707
$1,723

$300,000 House

$2,622
$2,641
$2,652
$2,672
$2,933
$2,943
$2,948
$2,957
$2,957
$2,984

$450,000 House

$3,492
$3,522
$3,537
$3,671
$3,912
$3,914
$3,919
$3,932
$3,932
$3,969

While ranking the cheapest premiums per county tends to be similar each year, insurance companies can have a much greater fluctuation in their rates. That’s because their premiums are determined by the amount of reinsurance they must purchase, how many policies they have in the state — and in certain areas of the state — and, arguably the most important factor, how much money they’ve paid out in claims in recent years.

When companies must pay out claims, they usually have to raise their premiums for new and existing customers to offset losses. That means their premiums change yearly. Here’s an in-depth breakdown of the 10 companies offering the most affordable policies in 2022.

Cheapest Homeowners Insurance for Pre-2001 Construction Homes With No Wind Mitigation

Company

1. Stillwater
2. Citizens
3. Tower Hill
4. Liberty Mutual
5. Castle Key Indemnity
6. Southern Fidelity
7. First Community
8. American Traditions
9. Family Security
10. ASI

$150,000 House

$1,882
$2,262
$2,316
$2,721
$2,801
$2,855
$2,967
$3,063
$3,118
$3,248

$300,000 House

$3,294
$3,958
$4,053
$4,762
$4,902
$4,996
$5,193
$5,360
$5,456
$5,684

$450,000 House

$4,705
$5,655
$5,790
$6,803
$7,003
$7,137
$7,418
$7,657
$7,794
$8,120

Cheapest Homeowners Insurance for Pre-2001 Construction Homes With a Wind Mitigation

Company

1. Stillwater
2. Tower Hill
3. Citizens
4. Florida Farm Bureau
5. Universal Property
6. American Traditions
7. Castle Key Indemnity
8. First Protective
9. FedNat
10. Liberty Mutual

$150,000 House

$1,139
$1,304
$1,323
$1,359
$1,505
$1,528
$1,689
$1,781
$1,805
$1,810

$300,000 House

$1,994
$2,282
$2,316
$2,379
$2,633
$2,674
$2,956
$3,117
$3,159
$3,167

$450,000 House

$2,848
$3,260
$3,308
$3,399
$3,761
$3,819
$4,223
$4,453
$4,513
$4,525

Cheapest Homeowners Insurance for 2001 to Present Construction Homes

Company

1. Stillwater
2. Florida Farm Bureau
3. Tower Hill
4. First Protective
5. Castle Key Indemnity
6. Citizens
7. American Traditions
8. Universal Property
9. Southern Oak
10. First Community

$150,000 House

$858
$1,207
$1,301
$1,456
$1,479
$1,582
$1,672
$1,686
$1,752
$1,844

$300,000 House

$1,518
$2,136
$2,303
$2,577
$2,618
$2,800
$2,960
$2,985
$3,101
$3,264

$450,000 House

$1,900
$2,674
$2,882
$3,224
$3,278
$3,504
$3,704
$3,735
$3,880
$4,085

Best Homeowners Insurance Companies in Florida

Getting the right homeowners insurance policy in Florida is crucial. You need an affordable policy from a top-rated company and we’re here for you. We partner with some of the best companies in Florida so we can provide an array of policies that include the coverages you need at the best premium price point.

We compiled a list of some of the best homeowners insurance companies in Florida with their average premiums for houses worth $150,000, $300,000 and $450,000. Keep in mind that these premiums reflect the averages across Florida for each company. The exact premiums you pay will vary by where you live, your coverage amounts and many more factors.

Best Homeowners Insurance Companies in Florida

Company

1. ASI
2. Citizens
3. Florida Penn
4. Liberty Mutual
5. People’s Trust
6. State Farm
7. Universal Property

$150,000 House

$2,371
$1,722
$2,856
$2,202
$2,837
$2,836
$2,330

$300,000 House

$4,161
$3,025
$5,013
$3,867
$4,979
$4,980
$4,090

$450,000 House

$5,750
$4,156
$6,923
$5,308
$6,891
$6,850
$5,666

What Companies Offer Homeowners Insurance in Florida?

The Florida homeowners insurance market is getting a bit scarce. Many companies are choosing to either not write in Florida, inherently reducing their risk to pay out costly claims, or are Florida-based insurers that are going out of business.

Major Florida insurers are required to submit a sampling of their actual rates so that consumers and the state alike can better understand the premiums. The following 23 companies submitted rates in 2022 and operate in the Florida market.

Florida Homeowners Insurance Rates by Company for 2022

Company

1. Stillwater
2. Tower Hill
3. Citizens
4. Castle Key Indemnity
5. American Traditions
6. Liberty Mutual
7. First Community
8. Southern Fidelity
9. Florida Farm Bureau
10. Universal Property
11. Family Security
12. ASI
13. Universal of NA
14. Security First
15. First Protective
16. Florida Family
17. State Farm
18. People’s Trust
19. Florida Peninsula
20. FedNat
21. Auto Club of Florida
22. Southern Oak
23. American Integrity

$150,000 House

$1,293
$1,640
$1,722
$1,990
$2,088
$2,202
$2,230
$2,295
$2,326
$2,330
$2,354
$2,371
$2,594
$2,627
$2,644
$2,644
$2,836
$2,837
$2,856
$2,914
$2,990
$3,356
$3,545

$300,000 House

$2,269
$2,879
$3,025
$3,492
$3,664
$3,867
$3,916
$4,030
$4,079
$4,090
$4,132
$4,161
$4,553
$4,613
$4,637
$4,642
$4,980
$4,979
$5,013
$5,115
$5,248
$5,884
$6,221

$450,000 House

$3,151
$3,977
$4,156
$4,835
$5,060
$5,308
$5,401
$5,551
$5,702
$5,666
$5,708
$5,750
$6,310
$6,347
$6,472
$6,395
$6,850
$6,891
$6,923
$7,064
$7,241
$8,223
$8,602

At Clovered, we partner with many of these homeowners insurance companies to provide the best and most affordable policies in the entire Sunshine State. Since our online quoting tool compares coverages and prices of policies from many companies at once, we’re able to offer multiple quotes with one click of a button to provide you with coverage that meets your needs at the cheapest price.

It’s Time to Switch Your Homeowners Insurance

We partner with the nation’s top homeowners insurance companies so you can get a custom policy at an affordable price.

What Does Homeowners Insurance in Florida Protect?

Nearly every city in Florida is susceptible to hurricanes, fires, tornadoes, heavy rains and other perils that could prove catastrophic for you, your family and your financial wellbeing. But having the right Florida property insurance in place can help you avoid fallouts from those problems. These are the coverages a homeowners insurance policy comes equipped with.

Coverage A: Dwelling

This covers the actual structure of your home and the components that make it, such as the roof, siding, windows, countertops and flooring. Since it protects the actual home itself, the amount of Coverage A on your policy should be the equivalent, or slightly more, than your home’s value.

Coverage B: Other Structures

Everything from a white picket fence to a shed — and sometimes even a treehouse — are considered other structures The structures must be on the homeowner’s property, though, and is typically up to 10 percent of the policy’s dwelling limit

Coverage C: Personal Belongings

This is designed to protect the policyholder’s personal belongings that are kept within the home. For homeowners, this coverage can extend to items kept on the property, such as a lawnmower.

Coverage D: Loss of Use

Arguably the most underrated part of every homeowners insurance policy, loss of use helps to pay for things like equivalent housing and extra everyday expenses if the policyholder’s home is unable to live in after being damaged or destroyed.

Coverage E: Personal Liability

Protection against accidents that occur on the policyholder’s property, personal liability coverage can provide money for medical bills and legal expenses for incidents when the policyholder is found liable. Coverage extends to incidents like dog bites, major injuries and accidental death.

Coverage F: Medical Payments

Similar to personal liability, medical payments to others covers minor injuries that occur on the policyholder’s property — whether or not they’re found liable for the incident. Policies usually have between $1,000 and $5,000 worth of MedPay coverage.

The list of covered perils depends on the type of homeowners policy you have. These are the most commonly covered perils under each policy.

Is Homeowners Insurance Required in Florida?

Homeowners insurance isn’t required by law in Florida. But if you have a mortgage on your house and still owe money on your loan, your lender will require you to keep adequate homeowners insurance to protect both of your financial investments.

But even if you’ve paid your home off in full and own it outright, you should keep a homeowners insurance policy. It protects your home and reimburses you if it, or your personal belongings, are damaged or destroyed by a covered peril.

Homeowners insurance can be the difference between going bankrupt if a major disaster destroys your home or simply having to pay your deductible and let your insurer take care of the cost of rebuilding your home.

Explaining Homeowners, Property and Hazard Insurance in Florida

Homeowners insurance is also referred to as home insurance, property insurance and hazard insurance, so don’t get confused if these terms are used interchangeably. When you get a policy, you’ll have coverage for your house, as well as all the other coverages we touched on a bit earlier in the article.

Florida Homeowners Insurance Hurricane Deductible Explained

Hurricanes are covered by your homeowners insurance in a similar fashion as just about any other claim. The main difference between a hurricane claim in Florida and a run-of-the-mill home insurance claim is the deductible.

While other perils have a set dollar amount as a deductible, usually from $500 to a few thousand dollars, hurricane deductibles are set at a percentage of your home’s dwelling limit. So if your home is insured for $200,000 and you have a 5% hurricane deductible, you’ll need to pay $10,000 before any insurance company steps in to pick up the remaining damage.

So if you have a home insurance policy active in the Sunshine State and your home sustains damage or destruction from its whipping winds or projectiles flying through the air, your home insurance policy has your back, but you’ll need to pay a higher deductible than the standard deductible used for other claims.

Florida Homeowners Insurance Wind Mitigation Inspection Benefits

Due to hurricane-force winds faced by nearly every square inch of the Sunshine State, premiums differ greatly depending on whether you’ve taken steps to help prevent wind damage to your home. Officially, taking these steps is called wind mitigation, and it includes things like installing storm shutters and other wind-resistance openings and certain roof attachments.

Many factors play key roles in the cost of home insurance, including the levels of coverage you maintain, but the most important factor in Florida is having a wind mitigation discount. Luckily, homes constructed from 2001 to the present day have much greater protection than those constructed before 2001, so those premiums don’t differ as much.

So we took the top 10 most expensive counties without a wind mitigation and compared them to the premiums of the same house with wind mitigation efforts in place. We then compared the savings to find an astounding sum of money you could save each year. Let’s take a look.

Florida Wind Mitigation Savings for a $150,000 House

County

1. Monroe
2. Miami-Dade
3. Broward
4. Palm Beach
5. Martin
6. St. Lucie
7. Indian River
8. Collier
9. Lee
10. Pinellas

Pre-2001 No Wind

$10,145
$10,453
$8,880
$7,923
$7,305
$6,601
$5,929
$5,900
$4,738
$4,633

Pre-2001 w/ Wind

$3,351
$4,834
$4,135
$3,471
$3,071
$2,897
$2,609
$2,594
$2,261
$2,326

Savings

$6,794
$5,619
$4,746
$4,451
$4,233
$3,704
$3,320
$3,306
$2,477
$2,307

Florida Wind Mitigation Savings for a $300,000 House

County

1. Monroe
2. Miami-Dade
3. Broward
4. Palm Beach
5. Martin
6. St. Lucie
7. Indian River
8. Collier
9. Lee
10. Pinellas

Pre-2001 No Wind

$17,466
$18,043
$15,334
$13,659
$12,626
$11,423
$10,247
$10,210
$8,189
$7,996

Pre-2001 w/ Wind

$5,802
$8,384
$7,160
$6,006
$5,319
$5,017
$4,516
$4,492
$3,914
$4,025

Savings

$11,664
$9,659
$8,174
$7,654
$7,306
$6,406
$5,731
$5,718
$4,275
$3,971

Florida Wind Mitigation Savings for a $450,000 House

County

1. Monroe
2. Miami-Dade
3. Broward
4. Palm Beach
5. Martin
6. St. Lucie
7. Indian River
8. Collier
9. Lee
10. Pinellas

Pre-2001 No Wind

$23,285
$24,336
$20,732
$18,371
$17,167
$15,615
$13,954
$13,931
$11,142
$10,810

Pre-2001 w/ Wind

$11,943
$10,115
$8,506
$7,527
$7,066
$6,316
$6,368
$5,502
$5,660

Savings

$12,393
$10,617
$9,866
$9,640
$8,548
$7,638
$7,563
$5,639
$5,150

As you can see from the tables above, the amount of money you can save on a wind mitigation inspection is significant, especially if you live in a severely hurricane-prone area where homes may be older than much of the state. Your savings multiply as the houses get more expensive, too.

How to Get Florida Homeowners Insurance Quotes Online

Going above and beyond the confounds of average home insurance in Florida, finding the best policy at the most affordable price is all about shopping around to get multiple quotes from different carriers.

At Clovered, we’ve cut out the hours-long labor of going from site to site to find the best price. We built a free quoting tool that allows you to get multiple quotes from multiple carriers on a single page so you can get the policy you need at the price you want.

With our easy-to-use online quoting platform, getting a home insurance quote is quick, easy and hassle-free. Simply input your home’s information to find a cheap, affordable Florida homeowners insurance policy for your home in minutes.

When choosing your policy online, it’s simple to adjust your coverage amounts so that you get a policy that’s within your budget. As one of the best Florida homeowners insurance companies, we’re dedicated to getting you the best prices while providing best-in-class customer service.

Homeowners
It's Time to Switch Your Homeowners Insurance

We partner with the nation's top homeowners insurance companies so you can get a custom policy at an affordable price.

The editorial content on Clovered’s website is meant to be informational material and should not be considered legal advice.