Homeowners Insurance in Miami, FL

For a home at Miami's median value of $518,100, we estimate about $3,870 a year — +39% versus the Florida NAIC average of $2,779.

These are estimates, not quotes. Home figures are modeled from NAIC state averages, Census home values and FEMA hazard ratings for comparison only. We are not an insurance company or agency. How we estimate

Estimated homeowners insurance cost in Miami

Est. premium

$3,870

$323/mo · median home

Median home value

$518,100

Florida: $359,000

Median year built

1979

Census ACS

Owner-occupied

30.8%

of households

Hazard score

83.6

state ref. 77.2

Miami's estimate reflects its home values (44% higher than the state median) and FEMA's hazard profile for Miami-Dade County.

Natural hazard risk in Miami

FEMA National Risk Index — Miami-Dade County
Hazard	Risk rating	Score (0–100)	Insurance impact
Hail	Relatively High	96.6	Comprehensive (car); roof claims (home)
Tornado	Relatively High	98.7	Comprehensive; dwelling
Hurricane	Very High	100.0	Comprehensive; wind/hurricane deductibles (home)
Inland (river) flooding	Very High	99.7	Comprehensive; home needs a separate flood policy
Coastal flooding	Very High	99.6	Comprehensive; home needs a separate flood policy
Strong wind	Relatively Moderate	82.4	Comprehensive; dwelling
Winter weather	Not rated	0.0	Collision (icy roads); frozen pipes (home)
Wildfire	Relatively Moderate	96.9	Comprehensive; dwelling
Earthquake	Relatively Low	62.1	Home needs a separate earthquake policy
Lightning	Very High	99.9	Fire and electrical damage

Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).

Estimated premium by home value in Miami

Dwelling value	Wood frame	Brick / masonry
$200,000	$1,805	$1,660
$300,000	$2,500	$2,300
$500,000	$3,760	$3,460
$750,000	$5,200	$4,785

Home Insurance Estimator

Estimated annual premium

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Homeowners insurance by ZIP code in Miami

ZIP	Median home value	Owner-occupied	Est. premium
33125	$423,100	26.0%	$3,290
33133	$1,022,400	52.5%	$6,665
33135	$418,500	22.7%	$3,260
33130	$517,300	16.8%	$3,865
33145	$581,600	55.9%	$4,245
33137	$616,800	28.2%	$4,450
33138	$784,700	47.8%	$5,395
33127	$408,800	26.9%	$3,200
33131	$655,100	37.0%	$4,670
33132	$524,300	25.7%	$3,905
33136	$416,900	10.7%	$3,250
33129	$736,300	46.8%	$5,125

Homeowners insurance in Florida · Car insurance in Miami · Insurance offices near Miami

Frequently asked questions

How much is homeowners insurance in Miami?

For a home at Miami's median value of $518,100, we estimate about $3,870 a year for a standard HO-3 policy with a $1,000 deductible. The Florida NAIC average is $2,779.

What are the biggest natural hazards in Miami?

FEMA's National Risk Index rates Miami-Dade County relatively high or very high for hail, tornado, hurricane, inland (river) flooding, coastal flooding, and lightning.

Does the age of homes in Miami affect insurance?

Yes. The median home in Miami was built in 1979 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.

How we estimate this

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

Sources used on this page