How Much Is Home Insurance In Florida

The average cost of homeowners insurance is around 1 200 a year but many factors play a role including the details of your property and which state and city you live in.

How much is home insurance in florida. Louisiana has the most expensive home insurance at an average of over 1 900 a year and oregon has the cheapest average home insurance at around 650 a year. According to the insurance information institute iii the average annual home insurance premium in florida is 1 951 which is significantly higher than the national average rate of 1 211 per year. Average cost of homeowners insurance in florida. Prices for home insurance in florida differ depending on the insurance company you select.

The above average premiums are due to the high frequency of major natural disasters such as hurricanes and other weather related damage. Some states pay a lot more while some a lot less. Security first provides the most affordable home insurance in florida at just 535 per year. Whether it s required or not getting mobile home insurance in florida ensures you have financial protection should your home be damaged.

While many major insurance companies are still willing to write a limited number of house insurance policies in florida homeowners who cannot obtain house insurance anywhere else can apply for coverage though citizens. How much is homeowners insurance. For 300 000 dwelling coverage with a 1 000 deductible and 300 000 liability limits the average rate of 5 187 in miami zip code 33135 is the highest for the city. Mobile home insurance is optional in florida however mortgage companies will often require you to get mobile home insurance as a prerequisite for a loan.

Car insurance florida car insurance georgia. We show average home rates for three other common coverage levels at the end of this article. This is the second highest rate in the u s which has a national average of 1 211. The insurance information institute indicates the average cost of homeowners insurance in florida is 1 951.

It depends but the national average for home insurance is 2 305. This compares favorably to the state s average cost of 2 133 providing a 1 598 discount on the state s average rate. Find out how much homeowner s insurance you need.