Annual Average Cost of Homeowners Insurance in Jacksonville Homeowners insurance isn’t required by law, but mortgage lenders require home insurance as part of the home loan process. If you don’t find your own coverage or let your policy lapse when you have a mortgage, your lender will force-place insurance on you.
Key Takeaways
- The average cost of home insurance in Jacksonville, Florida, is about $2,617 per year.
- Southern Oak, Safepoint, and People’s Trust had the cheapest home insurance in Jacksonville, on average.
- Shopping around for home insurance quotes with an insurance agency in Jacksonville, Florida, is the best way to save on coverage.
Average Cost of Homeowners Insurance in Jacksonville, Florida
According to our internal data, the average cost of homeowners insurance in Jacksonville is about $2,617 annually. Since Jacksonville isn’t as susceptible to hurricanes as other coastal or more southerly areas in Florida, it has lower premiums than many of the state’s other major cities.
The rates depicted here are derived from internal policyholder data from companies Clovered partners with as an independent insurance agency in Florida.
| Company | Premium |
|---|---|
|
Southern Oak Ins Co |
$1,172 |
|
Safepoint Ins Co |
$1,443 |
|
People’s Trust Insurance |
$1,691 |
|
Citizens Prop Ins. Corp. |
$1,861 |
|
Stillwater Insurance Services, Inc |
$2,129 |
|
Florida Peninsula Insurance Co. |
$2,163 |
|
Olympus Insurance Company |
$2,419 |
|
American Platinum |
$2,631 |
|
Heritage Prop & Cas Ins Co |
$2,846 |
|
American Integrity Insurance |
$2,981 |
|
Edison Insurance Company |
$2,998 |
|
Slide Insurance Company |
$3,131 |
|
Swyfft, LLC |
$3,713 |
|
Tapco |
$7,982 |
|
Average |
$2,617 |
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.
Cheapest Homeowners Insurance in Jacksonville, Florida
The cheapest home insurance companies in Jacksonville, Florida, may be found at Southern Oak, Safepoint, and People’s Trust, which are all Florida-based carriers that may be more selective in their offerings than national brands.
Citizens, the next most affordable choice, on average, is generally always among the cheapest options regardless of location due to its status as a government-run insurer of last resort. Citizens is a nonprofit, run at a loss by the state of Florida, intended for people who are unable to secure home insurance coverage in the standard market.
Its premiums are subsidized by the state and you can only get Citizens if you get quotes from three other carriers that result in premiums of more than 20% higher than Citizens’ offer.
Best Home Insurance in Jacksonville, Florida
The best homeowners insurance companies in Jacksonville for friendly premiums are Southern Oak and Safepoint, but many factors go into pricing policies that could cause you to find differently when quoting.
As licensed independent insurance agents in Jacksonville, Florida, we can pair you with the best policy from one of our many partner carriers.
Southern Oak
Demotech Rating
A
NAIC Complaint Index
0.20
Average Premium
$1,172
Southern Oak Insurance Company is a private home insurer that has been providing coverage to state residents since 2004. Its policies are primarily available only in Florida through a statewide network of independent agents, such as Clovered.
SafePoint
Demotech Rating
A
NAIC Complaint Index
3.91
Average Premium
$1,443
Safepoint Insurance has specialized in insuring property in coastal regions since 2013. They sell their policies through independent agents and offer homeowners insurance coverage in seven states, including Florida.
People’s Trust
Demotech Rating
NR
NAIC Complaint Index
1.44
Average Premium
$1,691
People’s Trust Insurance Company was established in 2008 and offers home insurance exclusively in Florida. The company prides itself on its business model, which differs from most carriers in that it retains a network of preferred contractors for claims.
Citizens
Demotech Rating
NR
NAIC Complaint Index
0.69
Average Premium
$1,861
Citizens Property Insurance Corporation is Florida’s state-run home insurer of last resort. It’s a non-profit entity that provides property insurance to state residents who are unable to obtain coverage in the traditional, private market.
Stillwater
Demotech Rating
NR
NAIC Complaint Index
NR
Average Premium
$2,129
Stillwater Insurance was founded in 2000 and currently operates in all 50 states. In addition to personal and commercial property products, Stillwater also offers auto insurance.
Florida Peninsula
Demotech Rating
A
NAIC Complaint Index
0.10
Average Premium
$2,163
Florida Peninsula Insurance Company was founded in 2005 and focuses on offering coverage in its namesake state. With over 150,000 policies in force in Florida, it just cracks the top ten list of Florida’s largest home insurers.
Olympus
Demotech Rating
A
NAIC Complaint Index
0.90
Average Premium
$2,419
Olympus Insurance Company has offered home insurance solely in Florida since its founding in 2007, with a general focus on higher-value homes and a count of over 70,000 policyholders.
American Platinum
Demotech Rating
A
NAIC Complaint Index
1.95
Average Premium
$2,631
American Platinum Insurance Company, founded in 2011, is a subsidiary of Universal Insurance Holdings, offering home insurance coverage in Florida and Georgia. Policies are available exclusively through independent agents at Clovered.
Heritage
Demotech Rating
A
NAIC Complaint Index
0.78
Average Premium
$2,846
Heritage Property & Casualty Company is a regional insurer created in 2012 licensed to operate in several states, including many on the East Coast and California. The company holds about a third of its business in Florida. It’s publicly traded on the New York Stock Exchange.
American Integrity
Demotech Rating
A
NAIC Complaint Index
1.48
Average Premium
$2,981
Established in 2006, American Integrity Insurance has become one of the five largest home insurers in Florida with over 300,000 policyholders in the state. Since its founding, the company has expanded its coverage to Georgia and South Carolina and gone public, trading on the New York Stock Exchange.
Edison
Demotech Rating
NR
NAIC Complaint Index
0.40
Average Premium
$2,998
Established in 2006, Edison Insurance Company offers home insurance primarily in Florida through independent agents, like our team at Clovered. It was acquired by Florida Peninsula Insurance Company in 2010, although it still has its own book of business.
Slide
Demotech Rating
NR
NAIC Complaint Index
0.56
Average Premium
$3,131
Slide Insurance Company was founded in 2021 and began operations offering home insurance in 2022. Available in Florida and South Carolina, the company currently has over 300,000 policyholders in the Sunshine State, making it one of Florida’s largest.
Swyfft
Demotech Rating
NR
NAIC Complaint Index
NR
Average Premium
$3,713
Swyfft is an insurance managing general agency founded in 2014 that offers insurance products in several coastal states across the country, including Florida.
Tapco
Demotech Rating
NR
NAIC Complaint Index
NR
Average Premium
$7,982
Tapco is an excess and surplus lines managing general agency, meaning it generally covers properties that are more difficult to insure. Tapco partners with 23 carriers. The company can write personal lines coverage, such as homeowners insurance, but most of its business is commercial property.
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.
Jacksonville Homeowners Insurance Coverages
Homeowners insurance is designed to cover your home, personal property, and certain incidents for which you can be found liable. Every policy, regardless of provider, contains the same core coverages. Agents and insurance brokers in Jacksonville, Florida, can go in-depth on these protections when quoting.
| Coverage | Definition |
|---|---|
|
Dwelling Coverage |
Dwelling coverage covers your home’s structure and components, including the roof, windows, doors, flooring, HVAC, and more. |
|
Other Structures Coverage |
Other structures coverage covers structures on your property not attached to your house, such as a fence, detached garage, carport or shed. |
|
Personal Property Coverage |
Personal property coverage covers the personal belongings you keep inside or on your property, such as electronics, furniture, jewelry, lawnmowers, and clothes. |
|
Loss of Use Coverage |
Loss of use coverage covers additional living expenses if you’re forced to move from your home while it’s being rebuilt or repaired after covered damage. Your insurer can pay for lodging, fuel, groceries, and more. |
|
Liability Coverage |
Liability coverage covers injuries or other property damage for which the policyholder is found liable in a lawsuit. |
|
Medical Payments Coverage |
Medical payments coverage covers small medical bills if someone was injured on your property, whether you’re at fault or not. |
How to Get Homeowners Insurance Quotes in Jacksonville, Florida
Getting Jacksonville home insurance quotes is simple and extremely quick when you use our intuitive online quoting engine. Simply input a few details about your home and yourself, and you’ll be on your way with your brand new homeowners insurance policy.
And if you have any questions along the way, our live-chat feature manned by in-house agents is a go-to option. We’re also a big fan of the old-school ways, so you can reach our Jacksonville insurance agency by phone Monday through Friday from 8:30 a.m. to 6 p.m. at 833-255-4117 or email us anytime at agent@clovered.com.
Jacksonville Homeowners Insurance FAQs
Is home insurance required in Jacksonville?
What is a wind mitigation inspection in Jacksonville, Florida?
Wind mitigation is any home feature, such as roof straps and impact-resistant windows, that helps decrease the damage caused by strong winds like those from a hurricane. Wind mitigation typically results in deep discounts on your Jacksonville home insurance cost, and you can find out how to qualify with a wind mitigation inspection.
What affects the cost of home insurance in Jacksonville?
Many factors influence Jacksonville home insurance rates, such as deductibles, home age, construction characteristics, claims history, and coverage amounts.
Do you need flood insurance in Jacksonville, Florida?
Homeowners insurance doesn’t cover flood damage anywhere in the U.S. To be covered by the existential threat of flooding in Jacksonville, you’ll need to purchase a separate flood insurance policy, which protects against storm surges from hurricanes, overflowing bodies of water, and, in some cases, heavy rains.
How can you get cheap renters insurance in Jacksonville, Florida?
Renters require a different type of coverage than homeowners do since renters don’t own the property they live in. Jax renters need Jacksonville renters insurance, which primarily covers liability and possible damage to personal belongings. You can shop for renters insurance, but all plans should be at similar and much lower price points than homeowners coverage.
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.
