Homeowners Insurance in Port Orange, Florida (2024)

While housing prices remain stable in the city, there’s another thing residents must purchase to protect their biggest investment. Home insurance in Port Orange is a necessity to protect your home, belongings and financials, especially given its location near the Atlantic Ocean.

While direct hurricane hits tend to miss Port Orange and the surrounding areas, hurricane damage is still a real factor to consider. Luckily, hurricanes are covered by home insurance in Port Orange. But before we dive into what is and isn’t covered, let’s dig into the prices you can expect to pay.

The average cost of homeowners insurance in Port Orange, Florida, is $2,693 for a $150,000 house, $4,878  for a $300,000 house and $7,000 for a $450,000 house annually.

That number is considerably lower than the state’s average of $3,325, $6,026 and $8,644 per year for a similar-sized home. But, given that Florida has some of the highest homeowners insurance premiums in the country, that’s not a bad price.

But even though those are the averages, that doesn’t mean you’ll pay that much — or that little. Many factors go into pricing homeowners insurance, and one of the biggest factors is the company you choose. So let’s take a look at what you can expect to pay from some of the best homeowners insurance companies in Port Orange.

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.

The first category for drastically cheaper rates occurs if your home was built from 2001 to the present day. Homes in that category were constructed with stronger building codes in mind. Those building codes were implemented by legislation to decrease the harsh damage of hurricanes and other heavy winds throughout the state.

The second category is for homeowners owning homes built before 2001 and who have taken the proper steps to mitigate wind damage. Those mitigations include a hip roof and impact-resistant windows and doors, which all work together to reduce the force of high winds on your home.

Let’s break down how insurers use these factors, home age and wind mitigation features, to determine your premiums.

Now, let’s see these factors in action, starting with average premiums on $150,000 homes.

If your home has adequate wind mitigation features or is a new construction, you may be able to get homeowners insurance in Port Orange, Florida for around $2,100 per year. The averages for a $150,000 house may sound pretty nice. However, finding a house for $150,000 may be tough since the skyrocketing real estate market shows no signs of slowing down.

So we’ve also broken down the average cost of homeowners insurance in Port Orange for a $300,000 house and a $450,000 house.

You’ll receive protection for your house, belongings and a few other things. To get a complete in-depth breakdown, check out all the following coverages that will be included in your homeowners insurance policy.

Coverage A, or dwelling coverage, can be used to protect the elements that make up the structure of your home. This includes things like your roof, walls, plumbing, wiring, flooring, foundation, and more.

Coverage B, or other structures coverage, helps you protect the things on your property like your fencing, shed, detached garage, or even your pool. In short, it protects the items on your property that aren’t attached to your main home.

Coverage C, or personal property coverage, helps cover the items in your home or on your property if they’re damaged by a covered peril. The list of items protected by this coverage is long and includes things like your patio furniture, living room furniture, sports equipment, clothing, tools, and more. 

Coverage D, or loss of use coverage, can help you cover basic living expenses if your home is significantly damaged by a covered peril, displacing you and your family. It may help you cover costs for things like temporary housing, food, gasoline, and more.

Coverage E, or personal liability coverage, can protect your liability should a guest injure themself on your property or if you damage someone else’s property. It can help you cover costs like legal fees and medical expenses. 

Coverage F, or medical payments coverage, may help you pay for medical expenses should a guest suffer a minor injury on your property, like a broken tooth or a cut that requires stitches. 

Clovered is the only home insurance agency where you can get quotes from the city’s top insurers in one place. We partner with Citizens, American Platinum, and many more companies so you can always get the best policy at the best price.

While a policy from Citizens is likely to be the cheapest in the city, the state-run insurance is relegated for those homeowners with lower value homes and who may not be able to secure a policy from other insurers.

Many parts of Port Orange are in some form of FEMA-designated flood zone, which means flooding is expected to occur at least once every 100 years. While that may not seem enough to get coverage, consider that just 1 inch of floodwaters typically cause up to $25,000 worth of damage.

Flood insurance in Port Orange may run anywhere from $300 to $600 per month or more depending on the location of your home and the flood zone it’s located in. Since flooding isn’t covered by homeowners insurance and flood damage can be extremely costly, it’s imperative that every homeowner get adequate flood insurance to protect their home and belongings.

To get a policy, just fill out a few details about your home and one of our licensed in-house agents will get back to you the perfect policy from either one of our private flood insurance partners or a policy from FEMA’s National Flood Insurance Program.

Getting a homeowners insurance quote can be completed in just minutes using our intuitive online quoting tool. Simply answer a few questions about your home, we’ll account for all the additional factors in the background and we’ll provide you with some quotes in minutes.

If you have any questions along the way, our live-chat feature where you can talk to our in-house licensed agents is an excellent option. But if you want to go old-school, we completely understand! We’re at the intersection of technology and real people, so you can reach an agent by phone Monday through Friday from 8:30 a.m. to 6 p.m. at 833-255-4117 or by emailing us anytime at [email protected].