Home Insurance Quotes in 33316

Are you shopping for a cheaper homeowners insurance rate in 33316? Our rates are very competitive for homeowners living in Fort Lauderdale, FL. Many homeowners located in the 33316 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our online quoting process is free to use and our Florida licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. If you are unsure which policy is best for you, then please contact us so we can help you understand what coverage package you need to protect your home in 33316. To get free 33316 home insurance quotes, simply click the "Get Multiple Quotes Now" button. Your 33316 zip code should appear in the zip code field ready to go. Shopping Fort Lauderdale, FL Homeowners Insurance Rates is easy, just click, complete your online quoting application for the property address located in 33316 to review the best rate coverages.

Your 33316 Home Insurance Costs Is Rated: Very High!

For the great city of Fort Lauderdale, the average home insurance premium paid annually is around $1482 for a standard HO-3 homeowners policy. It's important to know that you may need additional coverage like flood or earthquake insurance to cover your home. Most basic home insurance policies do not provide enough coverage to provide the risk and protection you need. Our Florida specific quoting application process is designed to meet the needs of the homeowner and we can provide the most competitive rates with enhanced coverage options. If you live in Fort Lauderdale and need insurance on your home in the 33316 zip code, then it is important to use our service and easily discover more affordable homeowners insurance rates.

Get 33316 Homeowners Insurance Rates Now!

Average Building Cost Per Square Foot in 33316: $167

Average Square Footage in 33316: 3,953 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 33316 before you start any project. Fort Lauderdale 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 33316 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 33316 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,953 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 Fort Lauderdale 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.

It's important to understand that when you estimate your replacement cost of your home in the 33316 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.

A Ready Plus Insurance

Allstate Insurance - Doug Buchan

A Ready Plus Insurance

Allstate Insurance Companies

Household Data for 33316

The average number of homes in 33316 is around 6,917, there are an average of 1.81 per household. The average house value according to local real estate values is around $660,200. Please review the following demographics below for average income and media age.

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• 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: […]