Cost of Homeowners Insurance in Weston No, homeowners insurance isn’t legally mandated in Weston. No law makes you have it. However, mortgage lenders require home insurance policies as part of home loans. So, if you have a mortgage or are seeking one, you’ll need a policy.
Key Takeaways
- The average homeowners insurance cost in Weston, Florida, is about $4,761 per year, which is 67% higher than the Florida state average rate.
- American Platinum and Edison had the cheapest home insurance in Weston, Florida, according to our data.
- The most proven way to save money on a Weston home insurance policy is to shop around from several companies to compare rates before buying or renewing.
Average Cost of Homeowners Insurance in Weston, Florida
The average cost of homeowners insurance in Weston, Florida, is approximately $4,761 annually, which is 67% higher than the Florida statewide average of $2,857 per year.
Unfortunately, in the South Florida tri-county region, where Weston lies, residents see some of the highest premiums in Florida, a state already known for high overall insurance rates.
Premiums in Weston are expensive, but you have some control over how much you pay. Rates vary by provider, and, as an independent insurance agency based in Fort Lauderdale, we can shop around for you to find savings among our partners.
Look at the average costs our policyholders pay in Weston.
|
Company |
Average Premium |
|---|---|
|
American Platinum |
$3,878 |
|
Edison |
$7,017 |
|
Cypress |
$13,006 |
|
Average |
$4,761 |
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 Weston, Florida
Our policyholders found the cheapest home insurance in Weston with American Platinum, which is a smaller provider available exclusively through our team here at Clovered. The primary perk of using an independent agency to help with your insurance needs is that they partner with several companies and can compare policies and plans for you, in addition to providing expertise to answer potential questions you may have.
We’ve only listed three companies in the Weston area, but we partner with several more and will pair you with the most affordable carrier after we receive quotes. You won’t know which carrier is the cheapest option for you until you compare.
The Best Homeowners Insurance Companies in Weston, Florida
The process of securing the best home insurance in Weston will vary by person, depending on coverage needs, rates, and personal preferences. Our agency partners with several companies and can help you find the best option.
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.
American Platinum
Demotech Rating
A
NAIC Complaint Index
1.95
Average Premium
$000
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
$000
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.
Cypress Insurance Group
Demotech Rating
A
NAIC Complaint Index
0.77
Average Premium
$000
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.
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.
Weston Homeowners Insurance Coverages
Homeowners insurance is designed to cover you financially when something unexpected or disastrous happens. This protection extends beyond just the walls of your house. Here are the common coverage areas for a standard homeowners insurance plan.
|
Coverage |
Definition |
|---|---|
|
Dwelling Coverage |
Dwelling coverage is the component of your policy that protects the structure of your home. This coverage can help you pay to repair or replace things like your roof, flooring, pipes, windows, and walls should they suffer damage from a peril covered on your policy. |
|
Other Structures Coverage |
Other structures coverage is the part of your policy that covers the structures on your property that aren’t attached to your main home. So, if your shed, detached garage, pool, fencing, or carport suffers damage from a covered peril, your insurer may help you pay to replace or repair them. |
|
Personal Property Coverage |
Personal property coverage is the element of your policy that helps cover the belongings you store on your property. So, if your antique grandfather clock, crystal glasses you received as a wedding gift, or expensive yard tools suffer damage from a covered peril or are stolen, your insurer may help you pay to repair or replace them. |
|
Loss of Use Coverage |
Loss of use coverage is a part of your policy that can help you pay for basic necessities if your home is rendered uninhabitable due to a hurricane, fire, or another covered peril on your policy. It can help you pay for things like groceries, temporary housing, and other expenses. |
|
Liability Coverage |
Personal liability coverage can help you financially if you’re found liable for a guest’s injuries on your property or damage to someone else’s property. It can help you pay for things like medical bills and legal fees. |
|
Medical Payments Coverage |
Medical payments coverage is similar to liability coverage, but it will only help you cover someone’s medical expenses for a minor injury they incur on your property. Plus, it can be used regardless of who was at fault for the injury. |
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.
How to Get Homeowners Insurance Quotes in Weston, Florida
One of Clovered’s most important features is our online quote engine that can provide you with a tailored policy from top insurers in the state so you can compare rates and get coverage that’s just right for you. It takes just a few minutes to get a quote online at no cost.
We’re backed by a team of licensed and experienced agents. So, if you have any questions at all, or would just rather quote on the phone, we’re happy to help. Just call 833-255-4117 Monday through Friday from 8:30 a.m. to 6 p.m. or email us anytime at agent@clovered.com.
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.
Weston Homeowners Insurance FAQs
Is homeowners insurance required in Weston, Florida?
What is wind mitigation in Weston, Florida?
The ability of your home to withstand strong winds is determined by wind mitigation measures. Wind mitigation of your property results in significant insurance discounts. To know where to start on improving your home’s wind resistance, you’d have to get a wind mitigation inspection, which involves an assessment of your roof, building openings, and other construction details.
What factors affect Weston home insurance costs?
Weston home insurance rates are dictated by your personal and property financial risk characteristics, which are determined by factors like your home age, size, location, as well as claims history, coverage amounts, and policy deductibles.
Do you need flood insurance in Weston, Florida?
Flood insurance isn’t mandated by law, but your mortgage lender may require you to get it if your home is located in a high-risk federally designated flood zone, as determined by the Federal Emergency Management Agency (FEMA). This is important to know because homeowners insurance doesn’t cover flood damage, and you may need a separate flood insurance policy.
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.
