Homeowners Insurance in Port St. Lucie, Florida (2024)

Port St. Lucie is the Treasure Coast’s biggest city and the largest in St. Lucie County. Despite its relative size, it’s very laid-back. The many golf courses, beaches, and outdoor recreational activities in and around the city give plenty of opportunities to relax.

Life on the Atlantic coast and year-round sunny weather seem like a breeze. But, these luxuries come at a price when considering Port St. Lucie homeowners insurance.

The average cost of homeowners insurance in Port St. Lucie is $5,387 per year for a $150,000 house, $9,768 for a $300,000 house, and $14,007 for a $450,000 house.

These rates are higher than the Florida state average home insurance, which is currently $3,325 per year for a $150,000 house, $6,026 for a $300,000 house, and $8,644 for a $450,000 house.

One reason for Port St. Lucie’s higher rates is its location on the coast. While the sun and surf are nice, its location on the Atlantic coast means hurricanes and floods are a notable threat. These are crucial for homeowners insurance rates.

With that in mind, let’s take a look at the average cost of homeowners insurance in Port St. Lucie from some well-known insurers:

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.

Other critical factors in the price of a homeowners insurance plan in Florida include wind mitigation and home age. Their effects aren’t necessarily evident when looking at averages. So, let’s dive a little deeper to get a more detailed look at Port St. Lucie homeowners insurance rates with and without wind mitigation measures, starting with how insurers classify homes using these two factors.

Now, let’s take a look at the rates for $150,000 houses, accounting for these two factors.

Port St. Lucie’s population has more than doubled since 2000. As more money gets invested in the city, many people have begun building bigger and more expensive homes.

A bigger house means you’d need more coverage to be sufficiently protected. You don’t want to be left short-changed by your insurance. You want enough to adequately help you rebuild or repair after a disaster. 

So, let’s take a look at what home insurance in Port St. Lucie costs for $300,000 and $450,000 worth of coverage:

According to recent data, the median home price in St. Lucie County in April of 2024 was about $375,000. So, while the premiums in the table below may be a bit above what residents can expect to pay on their policies, they should provide an accurate range of premiums around the median home value in the county, 

When you think of home insurance, the first thing that naturally comes to mind is the protection of your house. This is a major aspect of a homeowners insurance policy, but it’s not the only one. 

The part of a plan that covers your house is dwelling coverage. If your house is destroyed or damaged by a covered peril, dwelling coverage will kick in to reimburse you. Dwelling coverage guards the replacement cost of the physical structure of your home.

For many people, this is reason enough to invest in a homeowners insurance policy. But, here are even more ways a plan protects you:

Homeowners insurance in Port St. Lucie clearly has its benefits. The many areas of financial protection can make you feel whole again after a disaster. However, one disaster that isn’t covered is a common and costly one: floods.

Flooding causes more property damage yearly in the United States than any other type of natural disaster. The city, which receives over 50 inches of rain every year, is prone to flash floods. The dozens of canals and wetlands around the city resulted in many homes being built in floodplains or flood zones in Port St. Lucie.

Thus, many neighborhoods and buildings in Port St. Lucie are in FEMA-designated flood zones, especially homes along the coast and parts of neighborhoods near the St. Lucie River. Depending on your zone, your mortgage lender may require you to purchase a flood insurance policy since homeowners insurance doesn’t cover damage from flooding.

Also, depending on your zone, you may now be eligible for up to 25% off your flood insurance policy, thanks to recent efforts from Port St. Lucie city officials. In recent years, they’ve worked to improve city infrastructure to help mitigate flood damage, thus earning many residents in specific flood zones a hefty discount on their policies. 

Using Clovered, you can receive a quote online for flood insurance in Port St. Lucie. All you have to do is put in some information, and a licensed agent will get back to you with a policy that meets your needs.

Due to its location on the east coast of Florida, Port St. Lucie hurricane risk is real. The last major storm that hit the city directly was Wilma in 2005, but Port St. Lucie felt the effects of Irma and Isaias more recently.

Fortunately, damage from hurricanes and tropical storms is covered by homeowners insurance. This includes your personal belongings and loss of use coverage, as well as the physical structure of your home.

Port. St Lucie’s hurricane risk is one of the reasons home insurance in the town is so high. Also, as a result of past storm damage, Florida homeowners have to deal with hurricane deductibles when filing for hurricane damage. 

A hurricane deductible is usually a percentage of your dwelling coverage, which means it’s usually more costly than a standard Port St. Lucie homeowners insurance deductible. Some common hurricane deductibles are 2% and 5%. So, if you’ve got $150,000 worth of dwelling coverage with a 2% hurricane deductible, your hurricane deductible is $3,000.

In addition to severe weather, there are several things that insurance companies consider when setting rates. Premiums vary from person to person since not every house, neighborhood and insurance company are alike. Some more factors that influence home insurance in Port St. Lucie are:

You might know that raising your deductible or “bundling” your home and auto insurance are some quick ways to save, but the best way to ensure savings is to do your homework and find which companies have the best rates. At Clovered, we make that easy. Using our online quote engine, you can customize a plan to your needs and compare policies from top providers in the country.

If computers aren’t your thing, don’t worry. To speak to a licensed agent, call 833-255-4117 Monday through Friday from 8:30 a.m. to 6 p.m. or email us anytime at [email protected].