The home insurance cost in Florida is the most talked-about premium in the country because the state combines hurricane exposure with a market several carriers have left, and the two feed each other. The Insurance Information Institute's NAIC-based figure puts the average US homeowners premium at $1,411 for 2021, and the average renters premium at $170; both are national averages that no single household pays, and the rate pages on this site show what carriers actually file where you live.
What sets the price in Florida
Rebuild cost sets the dwelling limit, but in Florida the roof decides whether a carrier will write the house at all: roof age limits, wind mitigation features such as roof-to-wall attachments and opening protection, and the four-point inspection on older houses decide the quote. Where private carriers decline, the state-backed insurer is the market of last resort and its price and rules apply.
The perils carriers price here
Hurricanes carry a separate named-storm deductible stated as a percentage of the dwelling limit, so the out-of-pocket share after a storm is many times the ordinary deductible. Sinkholes are a Florida-specific coverage question with their own terms. Storm surge and flood are never in the homeowners policy. FEMA's FloodSmart notes that almost one-third of NFIP flood claims come from outside high-risk flood areas, and a standard homeowners or renters policy does not cover flood at all.
What to compare instead of the average
The rate pages on this site show filed Florida rates by coverage and situation. Compare quotes on the same dwelling limit and the same hurricane deductible, and get a wind mitigation inspection, which is the one document that reliably lowers a Florida premium.
Questions people ask about home insurance cost in florida
What is the average home insurance cost in Florida?
The III's national average is $1,411 a year for 2021; this site publishes no state average, and the filed rates for Florida on the rate pages show what carriers actually charge by coverage and situation.
Why is homeowners insurance in Florida priced the way it is?
Rebuild costs, the roof and systems of the housing stock, and the perils named above; the deductible and claims history finish the price.
Does the price include flood?
No. Flood is a separate policy, and FEMA notes that almost one-third of NFIP flood claims come from outside high-risk areas.