Get multiple home insurance quotes in 32531. Our licensed 32531, FL agents are ready to serve you.

32531 Home Insurance Quotes & Rates

Currently, the 2,471 homes within the 32531 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Florida is around $1,667 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Baker, FL, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 32531.

Florida is now ranking #1 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Baker home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Florida has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 32531 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Baker, Florida home insurance rates today!

Please give us a call now at 1-888-685-4704, easily get up to 12 rates over the phone in minutes. For Baker, FL Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

32531 Home Insurance Average Premiums

Local 32531 homeowners insurance quotes comparison

$1417 /yr.

Shows Zip Code: 32531 lowest rates with discounts applied on average.

For the 32531, 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)
$1417 /yr.
Average Coverage:$1667 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1967 /yr.

What is the average home insurance cost for a home in 32531?

  • • The average homeowners insurance premium paid annually for a home in 32531 is around $1667 per year.

What does it cost on average per month for home insurance in 32531?

  • • Homeowners in 32531 pay a monthly average cost per month around $139.00.

What kind of discount could I get if I combine my home and auto insurance together in 32531?

  • • Autoowners in 32531 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 Baker area, check out other zip codes nearby 32531.
Review average rates in another zip code:
32531 homeowners insurance rates

Home Replacement Cost Coverage in 32531

Average Building Cost Per Square Foot in 32531: $167

Location: Baker, Florida (Okaloosa County)

Average Square Footage in 32531: 1,307 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 32531 before you start any project. Baker 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 32531 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 32531 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,307 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 Baker 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$1671,307$218,300
Additional Upgrades & Added Features$2091,307$272,875
Major Home Updates or Advancements$2511,307$327,450

It's important to understand that when you estimate your replacement cost of your home in the 32531 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 32531

Best Home & Auto Insurance Agencies in 32531

Housing Demographics for 32531

Population Review for 32531 Zip Code

For the city of Baker, the population within 32531 has increased to over 7,560 residents in population size. The current population total is 6,532. We have broken down the population based on race below. In 32531, there are over 3331 in male population and 3201 females.

PopulationValues
Total Population6,532
White Population5703
Black Population190
Hispanic Population271
Asian Population30
Hawaiian Population12
Indian Population63
Other Population59
Male Population3331
Female Population3201
Population Estimate7560

Household Data for 32531

The average number of homes in 32531 is around 2,471, there are an average of 2.64 per household. The average house value according to local real estate values is around $218,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode2,471
Persons Per Household2.64
Average House Value$218,300
Income Per Household$72668
Median Age42.7
Median Age Male41.2
Median Age Female44.0
32531 DetailsValues
StateFL
State Full NameFlorida
City TypeP
City Alias Abbreviation
Area Code850/448
CityBaker
City Alias NameBAKER
CountyOkaloosa
County FIPS091
State FIPS12
Time Zone6
Day Light SavingY
MSA2750
PMSA
CSA
CBSA18880
CBSA_DIV
CBSA_TypeMetro
CBSA_NameCrestview-Fort Walton Beach-Destin, FL
MSA_NameFort Walton Beach, FL MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses82
Number Of Employees356
Business First Quarter Payroll3293
Business Annual Payroll14180
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population180822
CBSA Division Population0
Congressional District01|02
Congressional LandArea4016.3|8613.58
Delivery Residential2864
Delivery Business64
Delivery Total3091
Preferred Last Line KeyY21401
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyY21401
Land Area228.344000
Water Area2.277000
City Alias Code
City Mixed CaseBaker
City Alias Mixed CaseBaker
Box Count120
SFDU2864
MFDU0
State ANSI12
County ANSI091
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number110465
Unique ZIP Name
SSA State County Code10450
Medicare CBSA Code18880
Medicare CBSA NameCrestview-Fort Walton Beach-Destin, FL
Medicare CBSA TypeMetro
Market Rating Area ID46
County Mixed CaseOkaloosa

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 […]