Shopping for home insurance rates in Florida doesn't have to be shady or a chore. Licensed agents with HomeInsurance.com can search for coverage from multiple highly rated carriers for you so that you can keep your outlook always sunny.
Florida home insurance policy protection
Florida may be nicknamed the Sunshine State, but it certainly experiences its share of stormy weather. In fact, Florida's large stretches of exposed coast and hot, humid climate leave it exposed to multiple large scale perils annually. If you live in an area more prone to one type of disaster than another, make sure your insurance protection covers you adequately.
For example, in central Florida, lightning strikes more frequently than anywhere else in the country. Thunderstorms cause both widespread wildfires and heavy precipitation in the region. Florida also leads the U.S. in tornadoes per area; these tornadoes typically aren't the most intense, but they still can cause wind and hail damage. The state also is the most hurricane-prone in the nation, and residents can expect storm damage as a result.
Know your risk for lightning strike, wildfire, wind damage, and flooding to ensure that you're properly protected. Remember that flooding and some hurricane damage aren't covered under a standard Florida home insurance policy. Talk to a licensed insurance agent or the Florida Department of Insurance to determine your need for a separate flood policy.
Find your county below to see how average premiums compare with the state average.
Home insurance rates in Florida
Average Florida home insurance rates in February were approximately $1182.00 which have increased since January when rates were around $1177. Average rates in the area reflect premiums on new policies sold by HomeInsurance.com in Florida. For a full list of premiums by state visit our RateReport.
Average Premiums for Home Insurance In Florida
|Feb 2014||Jan 2014||Dec 2013||Nov 2013||Oct 2013|
You also can find out how much fellow Florida residents pay. See the last five Florida policies sold by licensed agents with HomeInsurance.com below.
|Home 1||Home 2||Home 3||Home 4||Home 5|
|Premium with Auto Discount||$790†||$1,280†||$1,470†||$2,047†||$544†|
|Discounts|| || || || || |
|Primary Heat Source||Central Electric||Central Electric||Central Electric||Central Electric||Central Electric|
Home insurance premiums: how Florida stacks up
Compared with Florida's average premium of $1182, the nationwide average premium is $815. Many individual and communal factors go into determining home insurance premiums, including vulnerability to damage or theft, home style, and claims history.
Florida home insurance discounts
No matter which way home insurance rates fluctuate, you can find ways to save money on your premiums. In many cases, you can take steps that will make your home safer and qualify you for discounts. Check out the following:
- Safety: Defend your home against fire and burglars. A home security system can save you up to 10% on your premiums. Deadbolt locks can mean discounts of up to 5%. Smoke alarms and sprinkler systems also can pay dividends.
- Claims free: If you haven't filed a home insurance claim in the last 10 years, you could qualify for a lower monthly premium.
- Bundling: Bundling your home and auto insurance with the same carrier can save you up to 20% on your Florida home insurance premiums.
Standard Florida homeowners insurance coverage
What goes into your Florida home insurance policy? A standard policy contains these types of coverage:
- Dwelling, Other Structures, and Loss of Use: Dwelling coverage protects the physical structure of the house from perils such as hail, wind, burglary, and fire; Other Structures does likewise from detached sheds and garages. Loss of Use kicks in if your house becomes too damaged to live in because of a covered peril; it helps pay living expenses such as hotel rooms and meals.
- Personal Possessions: This helps replace your possessions if they're damaged by a covered peril.
- Personal Liability: If visitors who aren't part of your household are injured or their possessions are damaged while they are on your property and they decide to take you to court, personal liability can help pay both legal fees and the final judgment.
- Medical payments: If someone not in your family is injured on your property and doesn't take you to court, this coverage can help to pay their hospital bills.
Because you're in Florida, be sure to check out your deductible – the amount you're responsible for paying when filing a claim. Most likely, you'll also have a hurricane deductible, which will be a percentage of your home's value rather than a fixed amount. Make sure you understand what that percentage is and when it would be applied.
Other Florida home insurance resources
- You can use HomeInsurance.com's Home Insurance Calculator to determine how much dwelling coverage you need and average Florida dwelling costs.
- Prepare your family for any disaster by following our Disaster Guide.
- Find additional price breaks by checking out our home insurance discounts list.
- Visit the Florida Department of Insurance website for more information.
Want to know more about Florida home insurance in your city. Find your location from the list below:
|Boynton Beach||Bradenton||Brandon||Cape Coral|
|Ocala||Orange Park||Orlando||Ormond Beach|
|Panama City||Pensacola||Port Saint Lucie||Sarasota|
|Tallahassee||Tampa||Vero Beach||Winter Park|