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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 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!

33316 Home Insurance Average Premiums

Local 33316 homeowners insurance quotes comparison

$1232 /yr.

Shows Zip Code: 33316 lowest rates with discounts applied on average.

For the 33316, 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)
$1232 /yr.
Average Coverage:$1482 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1782 /yr.

What is the average home insurance cost for a home in 33316?

  • • The average homeowners insurance premium paid annually for a home in 33316 is around $1482 per year.

What does it cost on average per month for home insurance in 33316?

  • • Homeowners in 33316 pay a monthly average cost per month around $124.00.

What kind of discount could I get if I combine my home and auto insurance together in 33316?

  • • Autoowners in 33316 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 Fort Lauderdale area, check out other zip codes nearby 33316.
Review average rates in another zip code:
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33322 homeowners insurance rates
33311 homeowners insurance rates

Home Replacement Cost Coverage in 33316

Average Building Cost Per Square Foot in 33316: $167

Location: Fort Lauderdale, Florida (Broward County)

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.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1673,953$660,200
Additional Upgrades & Added Features$2093,953$825,250
Major Home Updates or Advancements$2513,953$990,300

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.

Best Homeowners Insurance Agencies in 33316

A Ready Plus Insurance

Address: 2101 South Andrews Avenue Suite 102 Fort Lauderdale, FL 33316
Phone: (954)527-9960

Best Home & Auto Insurance Agencies in 33316

A Ready Plus Insurance

Address: 2101 S Andrews Ave, #102 Fort Lauderdale, FL 33316

Allstate Insurance - Doug Buchan

Address: 150 SE 12th St, #100 Fort Lauderdale, FL 33316

Allstate Insurance Companies

Address: 901 SE 17th St Fort Lauderdale, FL 33316

Housing Demographics for 33316

Population Review for 33316 Zip Code

For the city of Fort Lauderdale, the population within 33316 has increased to over 15,394 residents in population size. The current population total is 12,669. We have broken down the population based on race below. In 33316, there are over 6640 in male population and 6029 females.

Total Population12,669
White Population9262
Black Population743
Hispanic Population2399
Asian Population336
Hawaiian Population5
Indian Population47
Other Population643
Male Population6640
Female Population6029
Population Estimate15394

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.

Housing / Income DataValues
Households Per Zipcode6,917
Persons Per Household1.81
Average House Value$660,200
Income Per Household$82973
Median Age50.3
Median Age Male51.1
Median Age Female49.2
33316 DetailsValues
State Full NameFlorida
City TypeP
City Alias AbbreviationFT LAUDERDALE
Area Code954/754
CityFort Lauderdale
County FIPS011
State FIPS12
Time Zone5
Day Light SavingY
CBSA_NameMiami-Fort Lauderdale-West Palm Beach, FL
MSA_NameMiami-Fort Lauderdale, FL CMSA
PMSA_NameFort Lauderdale, FL PMSA
DivisionSouth Atlantic
Economic & Growth ReviewValues
Number Of Businesses1681
Number Of Employees19698
Business First Quarter Payroll270997
Business Annual Payroll1177677
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population5564635
CBSA Division Population1748066
Congressional District23|25
Congressional LandArea169.1|3232.71
Delivery Residential8505
Delivery Business1369
Delivery Total9803
Preferred Last Line KeyY21882
Classification Code
CSA NameMiami-Port St. Lucie-Fort Lauderdale, FL
CBSA_DIV_NameFort Lauderdale-Pompano Beach-Sunrise, FL
City State KeyY21882
Land Area4.075000
Water Area1.650000
City Alias Code
City Mixed CaseFort Lauderdale
City Alias Mixed CaseFort Lauderdale
Box Count0
State ANSI12
County ANSI011
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number113030
Unique ZIP Name
SSA State County Code10050
Medicare CBSA Code22744
Medicare CBSA NameFort Lauderdale-Pompano Beach-Sunrise, FL
Medicare CBSA TypeMetro
Market Rating Area ID6
County Mixed CaseBroward

Florida Homeowners Insurance News & Information

  • 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 […]

  • 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 […]