Homeowners Insurance in Florida

The average Florida homeowners premium is $2,779 a year (NAIC) — ▲ +60% versus the U.S. average of $1,737, ranking 3rd of 51.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. Real premiums depend on the insurer, the home, its roof and claims history. We are not an insurance company or agency. How we estimate

Average homeowners and renters insurance in Florida

Homeowners (HO-3)

$2,779

NAIC average / year

Renters (HO-4)

$186

U.S. $173

Median home value

$359,000

Census ACS

FEMA expected loss rating

Relatively High

all natural hazards

NAIC averages cover standard owner-occupied (HO-3) policies. Premiums scale with the cost to rebuild, so Florida's median home value of $359,000 and its exposure to wind, hail and wildfire explain much of the difference from other states.

Natural hazard risk in Florida

FEMA National Risk Index — expected annual loss by hazard (state level)
Hazard	Expected loss rating	Score	Expected annual loss
Hail	Relatively Low	58.5	$26,018,797
Tornado	Relatively High	96.2	$529,539,231
Hurricane	Very High	100.0	$4,277,265,867
Inland (river) flooding	Relatively High	92.9	$2,781,288,362
Coastal flooding	Very High	100.0	$201,416,698
Wildfire	Relatively High	80.4	$111,787,038
Earthquake	Very Low	28.6	$20,704,178
Winter weather	Relatively Low	14.3	$469,496
Strong wind	Very High	94.3	$163,143,977
Lightning	Very High	100.0	$161,923,589

Standard homeowners policies exclude flood and earthquake; both need separate coverage. Wind and hurricane damage is covered but often with a separate percentage deductible in coastal states.

Home Insurance Estimator

Estimated annual premium

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Per month

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Estimated homeowners insurance by city

For a home at each city's median value, standard frame construction and a $1,000 deductible. The lowest estimate is in New Port Richey ($1,575) and the highest in Naples ($8,330).

City	Median home value	Median year built	Hail / wind	Est. premium
Jacksonville	$293,700	1987	Relatively High / Relatively Moderate	$2,465
Miami	$518,100	1979	Relatively High / Relatively Moderate	$3,870
Tampa	$420,400	1985	Relatively High / Relatively Moderate	$3,270
Orlando	$394,100	1992	Relatively High / Very High	$2,985
St. Petersburg	$371,100	1969	Relatively High / Relatively Moderate	$2,905
Port St. Lucie	$369,200	2002	Very Low / Relatively High	$2,685
Hialeah	$392,000	1975	Relatively High / Relatively Moderate	$3,095
Cape Coral	$373,500	2000	Very Low / Relatively Moderate	$2,745
Tallahassee	$294,400	1988	Relatively Low / Relatively High	$2,315
Fort Lauderdale	$486,700	1973	Relatively Low / Relatively Moderate	$3,485
Pembroke Pines	$439,500	1992	Relatively Low / Relatively Moderate	$3,215
Hollywood	$410,600	1969	Relatively Low / Relatively Moderate	$3,045
Gainesville	$247,500	1983	Very Low / Relatively Moderate	$1,905
Miramar	$462,700	1996	Relatively Low / Relatively Moderate	$3,350
Palm Bay	$283,200	1993	Relatively Low / Relatively High	$2,265
Coral Springs	$545,400	1987	Relatively Low / Relatively Moderate	$3,820
West Palm Beach	$414,200	1988	Relatively Low / Relatively High	$3,100
Lakeland	$249,400	1983	Relatively Moderate / Very High	$2,095
Pompano Beach	$349,300	1974	Relatively Low / Relatively Moderate	$2,675
Clearwater	$361,300	1978	Relatively High / Relatively Moderate	$2,845
Miami Gardens	$378,500	1970	Relatively High / Relatively Moderate	$3,010
Davie	$462,900	1989	Relatively Low / Relatively Moderate	$3,350
Palm Coast	$350,800	2003	Very Low / Relatively Low	$2,405
Boca Raton	$722,700	1983	Relatively Low / Relatively High	$4,835
Fort Myers	$384,500	2001	Very Low / Relatively Moderate	$2,810
Melbourne	$306,400	1985	Relatively Low / Relatively High	$2,410
Daytona Beach	$287,700	1981	Relatively Low / Relatively High	$2,320
Homestead	$380,000	2001	Relatively High / Relatively Moderate	$3,020
Kissimmee	$304,400	1992	Very Low / Very High	$2,350
Boynton Beach	$351,100	1984	Relatively Low / Relatively High	$2,715
Ocala	$241,400	1984	Very Low / Relatively High	$1,920
Sanford	$309,300	1994	Very Low / Relatively High	$2,295
Bradenton	$309,400	1983	Relatively Low / Relatively Moderate	$2,415
Sarasota	$463,000	1976	Very Low / Relatively High	$3,295
Pensacola	$314,400	1972	Relatively Low / Relatively Low	$2,470
Panama City	$268,900	1976	Very Low / Relatively Moderate	$2,100
Naples	$1,525,600	1983	Very Low / Relatively Low	$8,330
New Port Richey	$183,100	1980	Very Low / Relatively Moderate	$1,575
St. Augustine	$439,800	1980	Very Low / Relatively Low	$3,015

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Frequently asked questions

How much is homeowners insurance in Florida?

NAIC data puts the average Florida homeowners (HO-3) premium at $2,779 a year, ranking 3rd of 51 (1 = most expensive). The national average is $1,737.

How much is renters insurance in Florida?

The NAIC average renters (HO-4) premium in Florida is $186 a year.

What natural hazards affect home insurance in Florida?

FEMA's National Risk Index rates Florida relatively high or very high for expected annual losses from tornado, hurricane, inland (river) flooding, coastal flooding, wildfire, strong wind, and lightning. Standard homeowners policies exclude flood and earthquake, which need separate coverage.

Does homeowners insurance cover floods in Florida?

No. Standard homeowners policies exclude flood damage. Flood coverage is sold separately through the National Flood Insurance Program (NFIP) or private insurers.

How we estimate this

We start from the NAIC average homeowners (HO-3) premium for the state, scale it by the ratio of the home value to the state median home value (Census ACS), adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for the county relative to the state. Results are rounded estimates, not quotes. Read the full methodology.

Sources used on this page