Homeowners Insurance in Clearwater, Florida

Average Cost of Clearwater Homeowners Insurance

The average homeowners insurance cost in Clearwater, Florida, is about $2,060 annually. Although exact rates vary by home value, dwelling age, location, and much more. Larger, more expensive properties or policyholders near the coast will likely pay more.

Compared with the average homeowners insurance cost in Florida, which is about $2,857 annually, premiums in this Florida city are about 10% below the state average. While Clearwater home insurance rates can get a little pricey, premiums are still cheaper than in other Pinellas County cities, like Seminole, and in many coastal cities, like those in Miami-Dade and Palm Beach counties.

We have customers all over the Sunshine State, including many in Clearwater. So, we compiled our customers’ actual data and calculated the average rates they pay by insurer. Take a look at what we found. 

While these averages are useful, you may pay less or more depending on many factors. No two policyholders are exactly the same, and neither are their premiums. There are several factors a provider considers when pricing a premium; some more obvious than others. 

Here are a few factors your insurer may consider when determining Clearwater home insurance quotes:

• Age of your home
• Condition of your roof
• Your credit and claims history
• The extent of coverage and deductible you choose
• If your provider has seen an unexpected increase in claims as a company

In fact, the year your home was built and its capability of standing up against severe weather may have a significant influence on your average home insurance cost in Clearwater, Florida. If you have some wind mitigation measures on your home, like impact-resistant sealing or a hip roof, you may be eligible for lower premiums than those without. Due to Florida’s susceptibility to hurricanes, insurance companies heavily discount premiums for homeowners whose houses can stand up to extreme winds.

Depending on the age and condition of your home, adding the necessary features might be a sizable initial investment, but it could be worth it in the long run, considering how much you could save on your premiums. 

The Cheapest Homeowners Insurance in Clearwater Explained

If you’re on the hunt for Clearwater home insurance rates that won’t break your budget, American Platinum might be the insurer for you. While this insurer offers our customers the lowest rates, on average, among all the insurers in Clearwater our customers trust with their policies, it’s important to note that rates are subjective, and what may be cheap for some may not be for all. 

American Platinum

Our customers in Clearwater pay about 10% below the city’s average rate when they bind with American Platinum. While 10% may not be much, contextualizing these savings by noting that Clearwater’s average rate is already 28% below the state’s average rate helps put this in perspective. Plus, American Platinum offers discounts for eligible policyholders who have a security system, a sprinkler system, or wind mitigation features installed on their homes. 

Getting the Best Clearwater Home Insurance

As a Clearwater insurance agency, serving members of your community and Floridians in hundreds of other cities, it’s our mission to fit you with the best home insurance policy for your needs. Whether you want coverage to the max or bare bones coverage for the cheapest rates, we’ll help you find what you need.

Navigating the insurance marketplace can be tricky, especially without knowing much about the providers available in your area. So, here’s some background information about the insurers our Clearwater customers trust to protect their properties. 

Average premiums are determined from our policyholder data. Financial strength is determined by each company’s ratings from Demotech, a leading insurance industry credit rating agency.

To gauge consumer satisfaction, we used the National Association of Insurance Commissioners’ complaint index, which compares a firm’s consumer complaint performance with other companies in the market. The default index number is 1.0, meaning a company with a complaint index of 2.0 has a complaint value twice as high as expected. So, for their scale, lower is better.

Coverages on Homeowners Insurance in Clearwater, Florida

When you pay your homeowners insurance bill, you’re paying for much more than the protection of your house. If you purchase a policy through Clovered, a typical homeowners insurance plan incorporates coverage for your home, your belongings, and your financial liability.

Here’s a breakdown of what you can expect on your homeowners insurance in Clearwater, Florida.

How to Get Quotes for Home Insurance in Clearwater, Florida

If you’re looking for home insurance quotes in Clearwater, Florida, look no further. Clovered is a digital homeowners insurance agency that operates in the Sunshine State and beyond, offering an easy-to-use online quoting tool you can access at any time. You can receive a quote tailored to your needs in about three minutes from some of the top providers around the state. 

Clovered is also home to a team of licensed agents available by phone at 833-255-4117 or email at agent@clovered.com who can answer any questions you may have. We, along with our partners, strive to give you the coverage you need at the price you want.