Homeowners Insurance in Hialeah, Florida (2024)

Many homeowners are moving to Hialeah due to more affordable housing prices and a sense of community. The city has been a haven for Cuba-Americans since the mid-1900s and has since skyrocketed to the most populous city in American for Cuban-Americans.

But while people are constantly moving into the city and buying up houses, one thing on their mind should be to protect their property with homeowners insurance in Hialeah.

Due to its location in Miami-Dade County and the number of perils homeowners face in the city, the average cost of homeowners insurance in Hialeah is $8,617 per year for a $150,000 house, $15,602 for a $300,000 house and $22,398 for a $450,00 house. All of those rates are more than double or triple the state’s annual average.

Hialeah homeowners face uncertainty from hurricanes and torrential rains from June to November during the state’s hurricane season. Average costs are also affected because South Florida is one of the most hurricane-prone places in the entire country, leading to exponential damage and expensive home insurance claims. South Florida has some of the highest homeowners insurance premiums in the country.

Although the prices above reflect an inflated cost of homeowners insurance, those numbers don’t truly tell the whole story. There are a few other important factors that contribute to the cost of home insurance in Hialeah, including the year your home was built and whether or not you’ve taken proper steps to mitigate wind damage. 

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.

Let’s take a deeper dive into the separate prices for $150,000 homes.

As you can see from the numbers, those Hialeah homeowners with homes built from 2001 to the present day pay an average of $5,571 per year — a deep discount from the $14,156 per year those homeowners with homes built before 2001 and who haven’t taken steps to mitigate wind damage.

The price you pay for Hialeah home insurance is also greatly affected by the company you choose. Citizens is the most affordable across the board, but it’s a state-run insurance company that only provides coverage to a small subset of people who qualify for it.

To qualify, you may have had trouble getting home insurance from another company in the past, you’ve filed many home insurance claims or your home must be under a certain value. In certain cases, the trifecta of issues may land you a policy — but it may not be the best one.

Another factor that determines the price you pay is the value of your house. Housing costs keep going up, especially in Miami-Dade County. So it’s pretty tough to find a $150,000 house in Hialeah these days. Let’s take a deeper dive into the average cost of homeowners in Hialeah for a $300,000 house and a $450,000 house.

Like everywhere else in the state, home insurance in Hialeah covers your house, personal property and financial wellbeing from a number of perils that include hurricanes, fires, burglary, tornadoes, dog bites and water damage. While rare in South Florida, your homeowners insurance may also provide some sort of coverage for sinkholes, but certain factors must be met.

From personal belongings to the structure of your home and so much more, let’s take a look at the coverage types you get with a homeowners policy and a few examples of what’s covered.

If you’ve had a wind mitigation on your pre-2001 house or if your home was built from 2001 to the present day, your cheapest options for homeowners insurance is likely going to be State Farm, although costs vary by circumstances.

Since Clovered is a licensed home insurance agency in Hialeah, we partner with Universal Property & Casualty, Citizens, Safeco and People’s Trust to name a few so we can provide every Hialeah homeowner with a great policy at an affordable price.

Depending on which company you choose, in relation to its claims in South Florida and its risk portfolio, you could pay anywhere from $8,617 to $22,398 for coverage. Costs vary by company but tend to be on the higher end in South Florida due to hurricane risk and high property values.

Obviously, nobody would ever want to overpay for home insurance. That’s why we partnered with Hialeah’s top home insurers and developed an easy-to-use online quoting tool so you can get the best quotes in your own time.

As a licensed home insurance agency in Hialeah, Florida, Clovered gets the best rates from the best home insurance companies so we can provide you with an affordable policy that has everything you need and nothing you don’t.

The best way to get cheap homeowners insurance in Hialeah, Florida is by getting a quote through our online quoting tool. We partner with the top home insurance companies in the county like Universal Property & Casualty Insurance Company, Citizens, and People’s Trust to name a few to provide you with the best coverage at the best price.

Simply answer a few questions about your home in our online quoting tool and we’ll pair you with a policy that’s customized just for you. If you have any questions, you can also reach our licensed agents by calling 833-255-4117 from 8:30 a.m. to 6 p.m Monday through Friday or emailing [email protected] anytime.