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Homeowners Insurance in 32908

For homeowners living in 32908, you want more affordable home insurance rates in Palm Bay, right? Our rates are very competitive for homeowners living in the great city of Palm Bay, FL. Many homeowners living in the 32908 area have found it very easy to shop with For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Florida licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 32908 should appear in the zip code field ready to go. Comparing Palm Bay, FL Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

32908 Home Insurance Costs Are Considered: Very High!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Palm Bay pay around $1639 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Florida home insurance rates. At, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 32908 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Palm Bay homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Florida home insurance premium today!

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32908 Home Insurance Average Premiums

Local 32908 homeowners insurance quotes comparison

$1389 /yr.

Shows Zip Code: 32908 lowest rates with discounts applied on average.

For the 32908, 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)
$1389 /yr.
Average Coverage:$1639 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1939 /yr.

What is the average home insurance cost for a home in 32908?

  • • The average homeowners insurance premium paid annually for a home in 32908 is around $1639 per year.

What does it cost on average per month for home insurance in 32908?

  • • Homeowners in 32908 pay a monthly average cost per month around $137.00.

What kind of discount could I get if I combine my home and auto insurance together in 32908?

  • • Autoowners in 32908 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 Palm Bay area, check out other zip codes nearby 32908.
Review average rates in another zip code:
32907 homeowners insurance rates
32909 homeowners insurance rates
32908 homeowners insurance rates
32905 homeowners insurance rates

Home Replacement Cost Coverage in 32908

Average Building Cost Per Square Foot in 32908: $167

Location: Palm Bay, Florida (Brevard County)

Average Square Footage in 32908: 1,093 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 32908 before you start any project. Palm Bay 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 32908 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 32908 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,093 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 Palm Bay 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$1671,093$182,500
Additional Upgrades & Added Features$2091,093$228,125
Major Home Updates or Advancements$2511,093$273,750

It's important to understand that when you estimate your replacement cost of your home in the 32908 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 32908

Best Home & Auto Insurance Agencies in 32908

Housing Demographics for 32908

Population Review for 32908 Zip Code

For the city of Palm Bay, the population within 32908 has increased to over 19,365 residents in population size. The current population total is 14,420. We have broken down the population based on race below. In 32908, there are over 6956 in male population and 7464 females.

Total Population14,420
White Population8018
Black Population3075
Hispanic Population2728
Asian Population251
Hawaiian Population11
Indian Population49
Other Population917
Male Population6956
Female Population7464
Population Estimate19365

Household Data for 32908

The average number of homes in 32908 is around 4,811, there are an average of 3.00 per household. The average house value according to local real estate values is around $182,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,811
Persons Per Household3.00
Average House Value$182,500
Income Per Household$56373
Median Age36.9
Median Age Male35.7
Median Age Female38.1
32908 DetailsValues
State Full NameFlorida
City TypeB
City Alias Abbreviation
Area Code321/689
CityPalm Bay
City Alias NamePALM BAY
County FIPS009
State FIPS12
Time Zone5
Day Light SavingY
CBSA_NamePalm Bay-Melbourne-Titusville, FL
MSA_NameMelbourne-Titusville-Palm Bay, FL MSA
DivisionSouth Atlantic
Economic & Growth ReviewValues
Number Of Businesses95
Number Of Employees266
Business First Quarter Payroll2151
Business Annual Payroll9600
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population543376
CBSA Division Population0
Congressional District08
Congressional LandArea1752.06
Delivery Residential6455
Delivery Business18
Delivery Total7078
Preferred Last Line KeyY22635
Classification Code
CSA Name
City State KeyY22635
Land Area19.206000
Water Area0.000000
City Alias Code
City Mixed CasePalm Bay
City Alias Mixed CasePalm Bay
Box Count0
State ANSI12
County ANSI009
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number115790
Unique ZIP Name
SSA State County Code10040
Medicare CBSA Code37340
Medicare CBSA NamePalm Bay-Melbourne-Titusville, FL
Medicare CBSA TypeMetro
Market Rating Area ID5
County Mixed CaseBrevard

Florida Homeowners Insurance News & Information

  • Why Are Homeowners Insurance Premiums Rising in 2024? Posted on Tuesday 9th July, 2024

    As insurance rates rise at unprecedented rates, homeowners are cutting back on groceries, travel, dining out, and even medication to afford the cost of their insurance premiums. In even more shocking news, 1 in 10 homeowners are even consider moving to an area with lower premiums, according to a recent survey by Claimguide. According to […]

  • Coastal Homeowners Insurance in Florida Posted on Monday 8th July, 2024

    Florida has it all, constant sunshine, beaches,plenty of restaurants and entertainment. It also has some of the highest homeowner insurance premiums in the country. According to Value Penguin, the Sunshine State has the 14th most expensive homeowner insurance rates in the country with the average premium coming in at $1,727. While insurance premiums are high all […]

  • Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024

    A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

  • Florida Lawmakers May Allow Takeout Offers to Citizens’ Policyholders Posted on Wednesday 13th March, 2024

    Lawmakers in Florida are moving closer to allowing specific insurer types to make offers to policyholders currently with Citizen’s Property to insure their vacation or second home.  SB 1716 this week cleared the Senate’s Fiscal Policy Committee for the takeout offers after the Senate’s Banking and Insurance Committee approved the measure earlier this month.  This […]

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • 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 […]