Home Insurance Florida Cost

When buying homeowners insurance in sarasota, florida, make sure yours includes:

Home insurance florida cost. There are several factors that can affect your. Utah and oregon have the least expensive average home. That’s why the cost of our policy is cheaper for manufactured homes built in or after 2000.

The insurance of a mobile home covers theft, legal liabilities, damage to the home, and property damage, and the cost depends on the location, the age and size of the unit, and the purchase price. While an actual cost for house insurance in florida is impossible to calculate, the state of florida has provided the following example policy cost. In addition to our analysis of every zip code in the state, we also looked at the cost of home insurance for the 54 cities in the state with populations over 50,000 people.

For example, if the average cost is $1,918, but this is for a $200,000 home, then you can not reasonably expect to be paying close to an average price on home insurance if your home reconstruction value is $500,000 or over $1,000,000. Based on a home with $300,000 in dwelling coverage, $300,000 in liability coverage and a $1,000 deductible, the top 10 most expensive home insurance markets include: Average homeowners insurance cost in florida.

Why are homeowners insurance rates in florida so high? Florida homeowners insurance does cost more than insurance in most of the rest of the country. This is the total cost to rebuild your home from the foundation up after a covered loss.

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. Average cost of homeowners insurance in florida. We show average home rates for three other common coverage levels at the end of this article.

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. In fact, the only state where average homeowners insurance costs are higher is louisiana at an average of $1,968 per year. In florida, carrying $100k dwelling coverage (at replacement cost) runs an average of $813 per year, while carrying additional coverage up to $400k costs $2,699/year.