Home Insurance Florida homeowners insurance calculator Although the national average for home insurance is $2,601, Florida coverage averages $4,419. Florida insurance rates tend to be higher due to many natural disasters and higher costs. View Carriers Please enter valid zip Compare top carriers in your area Written by Tonya Sisler Reviewed by Leslie Kasperowicz Leslie Kasperowicz Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at Insurance.com. Expert insight from Tasha Carter Tasha Carter Insurance Consumer Advocate Tasha Carter with the Florida Department of Financial Services.Go to comment Posted on: August 6, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Florida homeowners insurance rates average $4,419 a year for a policy with $300,000 in dwelling and liability coverage with a $1,000 deductible and a 2% hurricane deductible. While this is much higher than the national average, it does include hurricane coverage. Without coverage for hurricane damage, Florida homeowners will pay less for insurance but lack important protection. Additionally, Florida tends to have expensive insurance rates due to higher reinsurance prices, natural disasters beyond hurricanes including floods and wildfires, and an environment prone to litigation. “Due to Florida’s many coastal areas and frequent severe weather, the risk of property damage caused by flooding is especially high. The cost to repair damage can have a devastating financial impact; just one inch of water can cause up to $25,000 of damage. I encourage all Floridians to consider enhancing their homeowners insurance policy by purchasing flood insurance to ensure they are adequately covered,” says Insurance Consumer Advocate Tasha Carter with the Florida Department of Financial Services. Keep reading to learn more about Florida homeowners insurance costs, and use the insurance calculator to estimate your rates. Florida home insurance calculator See how the average annual home insurance rates vary with the options chosen. State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington, D.C.West VirginiaWisconsinWyoming Dwelling Dwelling coverage pays for the rebuilding or repair of your physical home structure. Choose an amount that would cover the cost of rebuilding your home. $200,000$300,000$400,000$600,000$1,000,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $100,000 or $300,000 are recommended. $100,000$300,000 Deductible Standard ($1000)Hurricane (2% of insured value) Filter Average Annual Home Insurance Rates In Florida $5,097 Average rate $9,995 Highest rate The estimated highest premium in Florida $853 Lowest rate The estimated lowest premium in Florida START SHOPPING NOW Home insurance companies in Florida Company Average annual rate Travelers $1,755 Security First Insurance $3,694 Amer Integrity Ins Co of FL $4,051 Heritage Insurance Holdings $4,481 Progressive $4,638 State Farm $4,806 HCI Group Inc $4,887 Allstate $4,916 Nationwide $5,611 Universal Insurance Holding $6,484 FedNat Holding $7,212 Citizens Property Insurance $8,632 Key Takeaways Average Florida homeowners insurance rates are $4,419 a year for $300,000 in dwelling and liability coverage with a $1,000 deductible and a 2% hurricane deductible. Florida rates are high for many reasons including a high frequency of severe weather and expensive litigation. Hurricane coverage is typically included in Florida home insurance with a separate hurricane deductible. How to use the Florida home insurance calculator Average homeowners insurance rates vary based on location, specifics of the home and coverage limits. Use the home insurance calculator below to see the average costs in Florida. Here’s how: Choose how much dwelling coverage you need. Round up from your calculated home replacement cost to choose the next nearest coverage level in the calculator. Choose your liability coverage. Standard home insurance includes $100,000 in liability coverage, but $300,000 is recommended. Choose your deductible. The deductible is the amount you pay before your homeowners insurance kicks in. In Florida, you may have two deductibles, one for all perils other than hurricanes and one specifically for hurricanes. How does dwelling coverage affect homeowners insurance in Florida? The largest part of your Florida home insurance policy is the dwelling coverage, which covers repairs or replacement of your home. It’s essential to have enough coverage so that you won’t be left with out-of-pocket costs. However, the more coverage you carry, the higher your insurance rates. This table shows average dwelling coverage rates based on the dwelling coverage amount. These rates include $300,000 in liability alone and a $1,000 deductible and a 2% hurricane deductible. Dwelling coverageAverage annual rateAverage monthly rate$200,000$3,773$314$300,000$4,419$368$400,000$5,516$460$600,000$9,637$803$1,000,000$17,162$1,430 What is a hurricane deductible, and how does it impact home insurance rates in Florida? While most Florida homeowners insurance policies include hurricane coverage, it does come with a separate deductible. There are a wide range of deductible options, including $500, 2%, 5%, or 10% of the dwelling coverage amount. The table below shows the difference in homeowners insurance with and without a 2% hurricane deductible. Note that the lower rate without the hurricane deductible includes policies that don’t cover hurricane damage; make sure you know what your policy covers before you buy. Average rates with hurricane deductibleAverage rates w/o hurricane deductible$4,419$2,401 Average homeowners insurance cost in Florida The average homeowners insurance cost in Florida is $4,419, based on $300,000 dwelling and liability coverage with a $1,000 deductible and 2% hurricane deductible. Comparatively, the national average for the same coverage is $2,601. Dwelling coverageLiabilityAverage annual rate in FloridaDifference compared to the national average$300,000$300,000$4,419$1,818 Average cost of home insurance in major Florida cities Homeowners insurance rates in Florida can vary significantly from city to city. Cape Coral has the most expensive home insurance in Florida on average among the major cities we analyzed, while Tallahassee rates are substantially lower. CityAverage annual rateAverage monthly rateCape Coral$5,097$425Fort Lauderdale$4,740$395Hialeah$4,875$406Jacksonville$3,593$299Miami$4,607$384Orlando$4,062$339Port St. Lucie$5,554$463St. Petersburg$5,884$490Tallahassee$2,950$246Tampa$5,184$432 What our expert says Q: What extra coverage should Florida homeowners consider? Tasha CarterInsurance Consumer Advocate Tasha Carter with the Florida Department of Financial Services. “Due to Florida’s many coastal areas and frequent severe weather, the risk of property damage caused by flooding is especially high. The cost to repair damage can have a devastating financial impact; just one inch of water can cause up to $25,000 of damage. I encourage all Floridians to consider enhancing their homeowners insurance policy by purchasing flood insurance to ensure they are adequately covered.” Methodology Insure.com commissioned home insurance rates from Quadrant Data Services in late 2023 for a homeowners insurance policy with dwelling coverage levels ranging from $200,000 – $1 million and liability coverage of $100,000 and $300,000. Sample rates were requested using a $1,000 deductible and a 2% hurricane deductible where applicable. In case you missed it What is HO-6 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2024 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2024 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2024 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Average homeowners insurance cost by ZIP code in 2024 By Barry Eitel How to find a homeowners insurance policy By Shivani Gite Condo insurance calculator: Estimate the cost of coverage By Jessica Olson Renters insurance calculator: How much renters insurance costs by state and city in 2024 By Shivani Gite Condo and co-op homeowners insurance: What you should know By Mark Vallet Cost of living calculator By Nupur Gambhir On this page How to use the Florida home insurance calculatorHow does dwelling coverage affect homeowners insurance in Florida?What is a hurricane deductible, and how does it impact home insurance rates in Florida?Average homeowners insurance cost in FloridaAverage cost of home insurance in major Florida citiesWhat our expert saysMethodology ZIP Code Please enter valid ZIP See rates