Home Insurance Florida Cost

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:

Home insurance florida cost. Allstate® home insurance is more than quality coverage for your space. The national association of insurance commissioners (naic) in 2018 reported that the average rate for homeowners insurance in florida is $1,918/year, amounting to $160/month in 2016 (latest. How much mobile home insurance should cost.

Florida is the tied with arkansas as the third most expensive state for home insurance. Oklahoma and kansas are the top two, respectively. This is the total cost to rebuild your home from the foundation up after a covered loss.

Utah and oregon have the least expensive average home. The average cost of flood insurance in florida is $563 a year, but premiums vary widely depending on where you live in the state and your home's level of risk. In fact, the only state where average homeowners insurance costs are higher is louisiana at an average of $1,968 per year.

While an actual cost for house insurance in florida is impossible to calculate, the state of florida has provided the following example policy cost. According to insurance information institute (iii), the insurance companies with the most significant market shares in florida are universal, tower hill and state farm. The average cost of homeowners insurance quote in florida is $1,951, more than the national average of $1,211.

Florida homeowners insurance does cost more than insurance in most of the rest of the country. Why are homeowners insurance rates in florida so high? That’s why the cost of our policy is cheaper for manufactured homes built in or after 2000.

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. Note that the price for any state is the average cost of homeowners insurance for all states combined in a given category. 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.