Average Cost of Home Insurance in Tampa, Florida by Company Homeonwers insurance isn’t required by law in Tampa. However, mortgage lenders require it for anyone seeking a home loan, so you will need a plan if you have a mortgage. Agents and insurance brokers in Tampa, Florida, are in touch with your lender to ensure you maintain coverage.
Key Takeaways
- The average cost of home insurance in Tampa, Florida, is about $2,556 per year.
- Southern Oak and Heritage had the cheapest Tampa home insurance, on average, according to our data.
- Shopping around with independent insurance agents in Tampa is the best way to save money on coverage.
How Much Is Homeowners Insurance in Tampa, Florida?
On average, home insurance in Tampa, Florida, costs about $2,556 annually, which is 11% below the state average of $2,857 per year.
Florida is known for having some of the most expensive homeowners insurance in the country. Tampa faces the same destructive perils as other Florida coastal cities, namely hurricanes. This susceptibility leaves homeowners paying a bit more to insure their homes, since their homes are statistically more likely to suffer damage. That said, Tampa rates are lower than those in Miami and its surrounding areas.
As an independent insurance agency, our team at Clovered is able to present real premiums from our policyholders below.
|
Company |
Average Premium |
|---|---|
|
Southern Oak |
$2,295 |
|
Heritage |
$2,302 |
|
American Integrity |
$2,409 |
|
American Platinum |
$2,551 |
|
Safepoint |
$2,972 |
|
People’s Trust |
$3,268 |
|
Slide Insurance Company |
$3,381 |
|
Citizens |
$3,438 |
|
TypTap |
$3,633 |
|
Olympus |
$3,755 |
|
Cypress |
$3,871 |
|
Johnson & Johnson |
$3,970 |
|
Florida Peninsula |
$4,827 |
|
Mangrove |
$5,243 |
|
Swyfft |
$10,196 |
|
Average |
$2,556 |
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.
These average are useful, but remember that these are numbers of collective customers. Exact premiums vary due to many factors relating to your property and personal characteristics.
Cheapest Homeowners Insurance in Tampa, Florida
Southern Oak and Heritage Property & Casualty had cheap insurance in Tampa, Florida, according to our data. Notably, these and several other carriers had lower average rates than Citizens, which is near the middle of our list.
Citizens is a state-run insurance company in Tampa, Florida. It was created to serve as an insurer of last resort for people who can’t find coverage easily in the standard market. Citizens is only available in Florida to people who get three quotes from private carriers that are over 20% more than their Citizens quote. Its position near the middle of the last, and not the outright cheapest, could signal a healthy insurance marketplace in Tampa.
The Best Home Insurance Companies in Tampa, Florida
Our information on Tampa home insurance companies is multifaceted.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.
Southern Oak Insurance Company
Demotech Rating
A
NAIC Complaint Index
0.20
Average Premium
$2,295
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.
Heritage
Demotech Rating
A
NAIC Complaint Index
0.78
Average Premium
$2,302
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. It’s publicly traded on the New York Stock Exchange.
American Integrity Insurance
Demotech Rating
A
NAIC Complaint Index
1.48
Average Premium
$2,409
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.
American Platinum
Demotech Rating
A
NAIC Complaint Index
1.95
Average Premium
$2,551
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.
Edison
Demotech Rating
A
NAIC Complaint Index
0.40
Average Premium
$2,948
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.
Safepoint
Demotech Rating
A
NAIC Complaint Index
3.91
Average Premium
$2,972
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.
People’s Trust
Demotech Rating
A
NAIC Complaint Index
1.44
Average Premium
$3,268
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.
Slide Insurance Company
Demotech Rating
A
NAIC Complaint Index
0.56
Average Premium
$3,381
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.
Citizens
Demotech Rating
NR
NAIC Complaint Index
0.69
Average Premium
$3,438
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.
TypTap
Demotech Rating
A
NAIC Complaint Index
1.48
Average Premium
$3,633
TypTap Insurance Company was founded in 2006 and offers home insurance in over a dozen states. It’s primarily distributed through independent agents, like ours at Clovered.
Olympus
Demotech Rating
NR
NAIC Complaint Index
0.90
Average Premium
$3,755
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.
Cypress Insurance Group
Demotech Rating
A
NAIC Complaint Index
0.77
Average Premium
$3,871
Established in 1998, Cypress Property & Casualty, headed by the Cypress Insurance Group, offers several types of property insurance in Florida and Texas. The company has over 70,000 policyholders in the Sunshine State.
Johnson & Johnson
Demotech Rating
NR
NAIC Complaint Index
NR
Average Premium
$3,970
Johnson & Johnson is an independent insurance brokerage founded in 1930, offering insurance services in all 48 contiguous states. While not an insurance carrier, it can provide the insurance services needed for many types of personal and surplus lines.
Florida Peninsula
Demotech Rating
A
NAIC Complaint Index
0.10
Average Premium
$4,827
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.
Mangrove Property Insurance
Demotech Rating
A
NAIC Complaint Index
0.00
Average Premium
$5,243
Mangrove Property Insurance Company was founded in 2025 in Florida and offers home insurance coverage only in the Sunshine State. It is distributed through independent agents.
Swyfft
Demotech Rating
NR
NAIC Complaint Index
NR
Average Premium
$10,196
Swyfft is an insurance managing general agency founded in 2014, offering insurance products in several coastal states around the country.
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.
Tampa Home Insurance Coverages
Technically, there are a few different types of home insurance plans. The most common one by far is formally known as the HO3 policy. All HO3 Tampa, Florida, insurance policies, regardless of provider, will contain the following coverages.
|
Coverage |
Definition |
|
Dwelling Coverage |
Dwelling coverage, or Coverage A, helps you protect the elements that make up the structure of your home from damage caused by a covered peril. This may include your walls, foundation, flooring, fireplace, and much more. |
|
Other Structures Coverage |
Other structures coverage, or Coverage B, covers the components of your property that aren’t attached to your main home from damage caused by a covered peril. This may include structures like a detached garage, shed, carport, fence, or even a pool. |
|
Personal Property Coverage |
Personal property coverage, or Coverage C, covers all the items you store on your property should they sustain damage caused by a covered peril. This may include things like your favorite reclining chair, your lawnmower, the fancy pizza oven you got for your birthday, and much more. |
|
Loss of Use Coverage |
Loss of use coverage, or Coverage D, helps you pay for expenses you may incur if your home becomes uninhabitable due to a covered peril. It may help you pay for things like gas, groceries, or even temporary housing. |
|
Liability Coverage |
Personal liability coverage, or Coverage E, may help you if you’re considered liable for a guest’s injuries on your property or for damage to someone else’s property. You may be able to use this coverage for medical expenses or legal fees. |
|
Medical Payments Coverage |
Medical payments coverage, or Coverage F, can be used to cover a guest’s medical expenses should they suffer a minor injury on your property, like a broken arm or a cut that required stitches from an overly ambitious tree-climbing competition. |
How to Get Home Insurance Quotes in Tampa, Florida
With Clovered’s easy-to-use online quoting tool, getting homeowners insurance quotes in Tampa is easier than ever! Simply input a few details about your home, answer a couple of questions, and let our intuitive platform do the rest.
As an independent insurance agency in Tampa, Florida, we partner with several carriers to help you find the best policies at the best prices to fit your needs and budget.
Once you’re finished with the quoting process, which only takes a few minutes, our quoting tool will find a few policies that fit your needs and suggest them. You can also call our team during business hours at 833-255-4117 for a Tampa insurance quote.
Tampa Home Insurance FAQs
Is home insurance required in Tampa?
What is a wind mitigation inspection in Tampa?
Wind mitigation features, which involve your roof and windows, for example, help your home stand up to hurricane-force winds. Florida homeowners with wind mitigation components on their homes see considerably lower premiums than those without such measures. You can see if your home qualifies for discounts with a wind mitigation inspection.
How can I get manufactured home insurance in Tampa Bay?
Manufactured homes are technically different than mobile homes but are still covered by HO7 policies. Not all carriers will cover mobile and manufactured homes, so it may take some extra shopping around with insurance agencies in Tampa, Florida, to find a policy.
How can you get cheap renters insurance in Tampa, Florida?
Since renters don’t own the property they live in, they don’t need homeowners insurance. Intead, renters need renters insurance, which is an HO4 policy. Tampa renters insurance is considerably cheaper and offered by most home insurance companies.
How can I get mobile home insurance in Tampa Bay?
Traditional homeowners get HO3 policies for their insurance plan. If you own a mobile home in Tampa, you will need an HO7 policy, which is largely similar in many ways but accounts for differences in home construction with a mobile home.
What affects the cost of home insurance in Tampa?
Many factors have a direct impact on the cost of homeowners insurance in Tampa, such as your home age and construction, location, policy deductible, claims history, and desired coverage amounts.
Do you need flood insurance in Tampa, Florida?
Flood insurance is only required if you live in a federally designated high-risk flood zone. Your lender will require you to have a policy before you get a mortgage. You can check your flood zone on the Federal Emergency Management Agency (FEMA) website.
Stay Above Water With Flood Insurance
Do you want to pay for costly and common flood damage yourself or have an insurance policy pick up the tab?
The editorial content on Clovered’s website is meant to be informational material and should not be considered legal advice.
