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Home Insurance in 32344

If your primary reason for shopping for homeowners insurance in the 32344 zip code is based primarily on the rising cost of your home insurance premium. Then, it's imporant to know that our rates are very competitive for homeowners living in Monticello, FL. Many homeowners that live in the 32344 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase up to 12 carriers that we will shop for you. Plus, our home insurance quotes are free and our Florida licensed agents can also provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free homeowners insurance quote, simply click the "Get Multiple Quotes Now" button at the top. Your 32344 zip code should already appear in the zip code field ready to go. For Monticello, FL Homeowners Insurance Quotes, Click to easily get started!

Average Homeowners Premiums in 32344

Homeowners living in the city of Monticello are paying on average around $1606 per year for homeowners insurance coverage. This estimated premium is based on a standard HO-3 policy which covers the basic requirements if your home was ever damaged. This is also a minimum requirement by mortgage lenders if there is a lien on your home. A basic policy will cover your home, contents, loss of use, liability and medical payments. It's important to know that homes in the 32344 zip code with a standard homeowners policy does not cover flood damage. You will need to purchase a seperate flood policy to add this additional coverage. Florida home insurance premiums have been recently ranked 1 in the country in terms of the annual cost of premiums. Because premiums in 32344 are higher compared to other states it is always a good idea to shop your home insurance coverage. Our online quoting application can easily help you compare the best rates and coverage options.

Easily Compare 32344 Home Insurance Quotes Now!

We enjoy helping you do two very important things: First, we like to help you save more money per year on your homeowners insurance. Second, we like to help you learn about the best coverage options for your home in Monticello. It is possible to pay a lower premium and get more enhanced coverage. Let us help you shop your home insurance premiums today!

32344 Home Insurance Average Premiums

Local 32344 homeowners insurance quotes comparison

$1356 /yr.

Shows Zip Code: 32344 lowest rates with discounts applied on average.

For the 32344, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$1356 /yr.
Average Coverage:$1606 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1906 /yr.

What is the average home insurance cost for a home in 32344?

  • • The average homeowners insurance premium paid annually for a home in 32344 is around $1606 per year.

What does it cost on average per month for home insurance in 32344?

  • • Homeowners in 32344 pay a monthly average cost per month around $134.00.

What kind of discount could I get if I combine my home and auto insurance together in 32344?

  • • Autoowners in 32344 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Monticello area, check out other zip codes nearby 32344.
Review average rates in another zip code:
32344 homeowners insurance rates

Home Replacement Cost Coverage in 32344

Average Building Cost Per Square Foot in 32344: $167

Location: Monticello, Florida (Jefferson County)

Average Square Footage in 32344: 973 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 32344 before you start any project. Monticello homeowners pay on average around $167 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 32344 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 32344 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 973 sq. ft. and the average cost to rebuild the home in this area is around $167 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Monticello area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$167973$162,500
Additional Upgrades & Added Features$209973$203,125
Major Home Updates or Advancements$251973$243,750

It's important to understand that when you estimate your replacement cost of your home in the 32344 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 32344

Best Home & Auto Insurance Agencies in 32344

Housing Demographics for 32344

Population Review for 32344 Zip Code

For the city of Monticello, the population within 32344 has increased to over 12,132 residents in population size. The current population total is 12,705. We have broken down the population based on race below. In 32344, there are over 6596 in male population and 6109 females.

PopulationValues
Total Population12,705
White Population7742
Black Population4135
Hispanic Population565
Asian Population24
Hawaiian Population3
Indian Population36
Other Population275
Male Population6596
Female Population6109
Population Estimate12132

Household Data for 32344

The average number of homes in 32344 is around 5,094, there are an average of 2.30 per household. The average house value according to local real estate values is around $162,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,094
Persons Per Household2.30
Average House Value$162,500
Income Per Household$50635
Median Age49.5
Median Age Male47.2
Median Age Female52.0
32344 DetailsValues
StateFL
State Full NameFlorida
City TypeP
City Alias Abbreviation
Area Code850/448
CityMonticello
City Alias NameMONTICELLO
CountyJefferson
County FIPS065
State FIPS12
Time Zone5
Day Light SavingY
MSA
PMSA
CSA533
CBSA45220
CBSA_DIV
CBSA_TypeMetro
CBSA_NameTallahassee, FL
MSA_Name
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses235
Number Of Employees1384
Business First Quarter Payroll12463
Business Annual Payroll56252
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population367413
CBSA Division Population0
Congressional District02
Congressional LandArea8613.58
Delivery Residential5275
Delivery Business303
Delivery Total5560
Preferred Last Line KeyY22426
Classification Code
Multi-CountyY
CSA NameTallahassee-Bainbridge, FL-GA
CBSA_DIV_Name
City State KeyY22426
Land Area444.594000
Water Area11.932000
City Alias Code
City Mixed CaseMonticello
City Alias Mixed CaseMonticello
Box Count0
SFDU4919
MFDU35
State ANSI12
County ANSI065
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number116060
Unique ZIP Name
SSA State County Code10320
Medicare CBSA Code45220
Medicare CBSA NameTallahassee, FL
Medicare CBSA TypeMetro
Market Rating Area ID32
County Mixed CaseJefferson

Florida Homeowners Insurance News & Information

  • What exactly is a FAIR Plan? Posted on Tuesday 2nd January, 2024

    If you live in an area where severe weather is common, or wildfires pop up every summer you may have trouble finding affordable home insurance coverage. If homes in your area are repeatedly damaged or destroyed by a covered peril, insurers may pull out of the entire area, refusing to write policies in your neighborhood. […]

  • Florida Homeowners Advance From Citizens into Private Companies Posted on Tuesday 5th December, 2023

    Homeowners Choice Property and Casualty Insurance Co. has assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company, the parent company says in a Tuesday news release. Homeowners Choice is owned by HCI Group Inc., a holding company with operations in homeowners insurance, information technology services, real estate and reinsurance. Homeowners Choice […]

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

  • Fall 2023: Florida Homeowners Insurance Premium Update Posted on Tuesday 24th October, 2023

    Despite the fact that the Florida legislation finally passed a couple of bills to deal with the ever-increasing cost of homeowners insurance, it seems unlikely that premiums will start to fall anytime soon according to a report put out by Karen Clark & Company (KCC), a risk modelling firm. The recent report, titled “Managing Expectations: […]

  • Citizens Property Insurance Corporation Citizens Property Sends Out Letters Posted on Wednesday 27th September, 2023

    Soon, hundreds of thousands of Citizens Property Insurance Company policyholders will be getting a letter in their mailbox asking them to move their policy to a private insurance company and away from Citizens, the state-backed insurer of last resort. Citizens Property is using the letters as part of its “Depopulation” effort that was approved by […]

  • 5 New Homeowners Insurance Companies Step into the Florida Insurance Market Posted on Wednesday 27th September, 2023

    Florida’s property insurance disaster may be taking baby steps in the right direction as five new insurers step into the Florida market, taking over hundreds of thousands from Citizens Property, Florida’s insurer of last resort. This could lead to more insurance options for residents of the Sunshine State soon. The five companies in the mix […]

  • Why is Florida homeowners insurance so expensive? Posted on Friday 22nd September, 2023

    Homeowner insurance premiums are dramatically heading up this year, particularly in states that are prone to natural disasters. According to a new report from Policygenius, the average homeowner policy went up 21% nationally which is on top of a 12% increase that homeowners endured last year.  As usual, Florida is at the top of the […]