Homeowners Insurance in Davenport, Florida (2024)

The residents of Davenport enjoy their pick of the litter when it comes to the beaches along the Atlantic Ocean and Gulf of Mexico, the many lakes that surround the city and the abundance of natural land that’s been preserved in the Hilochee and Lake Marion Creek Wildlife Management Areas.

They also enjoy lower home prices than the state’s larger cities and, with that savings, some of the most affordable homeowners insurance in the state. Let’s dive into what you can expect to pay for homeowners insurance in Davenport, Florida, what it covers and much more.

From the outskirts of the sand mine to the homes along Davenport Boulevard and the outskirts of the winery, the average home insurance cost in Davenport, Florida is $2,981 per year for a $150,000 house, $5,398 for a $300,000 house and $7,747 for a $450,000 house.

Considering the cost of home insurance in Florida is among the highest in the nation, averaging $3,325 to $8,644 per year for equivalent-priced homes statewide and much more in major cities, home insurance in Davenport is relatively affordable by Florida standards.

While many things affect the cost of your homeowners insurance — such as your deductibles, coverage amounts and claims history — one of the biggest determining factors is the company you choose. So let’s take a surface-level analysis of what you can expect from some of the city’s top insurers. (Keep reading for a deeper dive into a more accurate outlook of your potential premiums.)

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.

As the numbers reflect, you can expect to pay the least from Citizens, Tower Hill, and State Farm — three of the largest companies in the state. But all is not what meets the eye on these average premiums.

Those premiums account for all the company’s policies in the county, but your house can be broken down further into one of three categories. Since the state’s legislation changed the building codes in 2001, those homes built from 2001 to the present day enjoy lower premiums.

But homes built before 2001 can experience similar savings if the homeowners have taken adequate steps to mitigate wind damage from hurricanes and tropical storms. All you need to do is add impact-resistant windows and doors, invest in a hip roof or do all three for the most savings.

Let’s take a look at how insurers categorize homes with these features and how home age factors into the equation. 

Now, let’s check out these factors in action by breaking down the average premiums on $150,000 houses in Davenport.

As the average rates reflect, prices are blown a bit out of proportion due to homes built before 2001 that don’t have proper wind mitigation features in effect. Those homeowners pay an average of $4,179 per year.

But the real savings for homeowners insurance in Davenport comes to homeowners who have taken proper steps to mitigate wind damage, whether those efforts were taken on by the homeowners in pre-2001 construction houses ($2,486 per year) or by the builders in post-2005 houses ($2,277 per year).

Remember, the numbers reflected are averages, so premiums can be higher or lower to encompass those averages. But that means in some instances (depending on which company you choose, your coverage amounts, deductibles and claims history), you could potentially pay closer to $2,000 per year for home insurance in Davenport. 

While finding affordable home insurance in Davenport may be relatively easy, especially when using our online quoting tool that gets you a quote in a few minutes, finding a home for $150,000 may prove to be a bit challenging. That’s why we’ve also broken down the average home insurance cost in Davenport, Florida for $300,000 and $450,000 houses.

Homeowners insurance in Davenport covers you from a variety of uncontrollable perils like burglary, water damage, dog bites, fires, tornadoes and Florida’s most costly and common peril: hurricanes. Plus, it protects your home, personal belongings, and financial wellbeing from so much more.

Let’s take a look at the coverages included in your home insurance and some examples that go along with each.

Whether you have a specific home insurance company in mind or you’re just looking for the best price, we can help you find what you’re looking for. We partner with the state’s top insurers so we can always provide our customers with the best policies at the best prices.

We partner with Citizens, Universal Property and Casualty Insurance Company, and other affordable insurers in the area to get you the best rates possible. By doing so, we not only make it more convenient for you, but it also enables us to be the most competitive insurance agency in the state.

Getting your average home insurance cost in Davenport down to what you want to pay is easier than ever when using our online quoting tool. All you need to do is answer a few questions about your property, we’ll analyze the data in the background and then we’ll pair you with a policy that fits your needs — and your budget.

With Clovered, you can say goodbye to calling multiple companies, spending days or weeks securing a policy and having the added stress of finding an affordable policy. We do all that for you — in just a few minutes with the click of a button.

But if you find comfort in talking to real people — after all, home insurance is a big purchase — you can also count on us. We have a team of licensed, in-house agents and service team members who are ready and waiting for you! Simply reach them from Monday to Friday from 8:30 a.m. to 6 p.m at 833-255-4117 or email them anytime at [email protected].