Get multiple home insurance quotes in 34243. Our licensed 34243, FL agents are ready to serve you.

Compare 34243 Home Insurance Rates

Are you looking to easily compare home insurance prices online for your home in the 34243 area? The average homeowners premium in Florida for a standard homeowners policy is around $1,659/yr., paid annually through your mortgage provider if your home is not currently paid in full. A standard policy for your home is referred to as an HO-3 policy which is the most common homeowners policy. This type of policy covers all perils, but will exclude certain major perils like flood and earthquake damage. The exceptions are listed on your current policy so it is important to know what type of coverage you currently have so you can compare the best home insurance rates, companies and policy protection. In the 34243 zip code, the population size is around 30,107 with 14,079 currently occupied homeowners. Our online quoting process helps make it easy for you to shop and compare the best home insurance rates for your home in 34243.

Please give us a call now at 1-888-685-4704, and easily get up to 12 rates over the phone in minutes. Easily shop the best rates for Sarasota, FL Homeowners Insurance. Compare companies, quotes, coverages and more.

Avg. FL RateDiscountsSavingsShop Rates
$2,165up to 40% off$866

34243 Home Insurance Average Premiums

Local 34243 homeowners insurance quotes comparison

$1409 /yr.

Shows Zip Code: 34243 lowest rates with discounts applied on average.

For the 34243, 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)
$1409 /yr.
Average Coverage:$1659 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1959 /yr.

What is the average home insurance cost for a home in 34243?

  • • The average homeowners insurance premium paid annually for a home in 34243 is around $1659 per year.

What does it cost on average per month for home insurance in 34243?

  • • Homeowners in 34243 pay a monthly average cost per month around $138.00.

What kind of discount could I get if I combine my home and auto insurance together in 34243?

  • • Autoowners in 34243 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 Sarasota area, check out other zip codes nearby 34243.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 34243

Average Building Cost Per Square Foot in 34243: $167

Location: Sarasota, Florida (Manatee County)

Average Square Footage in 34243: 1,844 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 34243 before you start any project. Sarasota 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 34243 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 34243 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,844 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 Sarasota 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$1671,844$307,900
Additional Upgrades & Added Features$2091,844$384,875
Major Home Updates or Advancements$2511,844$461,850

It's important to understand that when you estimate your replacement cost of your home in the 34243 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 34243

Best Home & Auto Insurance Agencies in 34243

Allstate Insurance - Paul Morgan

Address: 7638 Lockwood Ridge Rd Sarasota, FL 34243
Phone:
Website:
Info:

Housing Demographics for 34243

Population Review for 34243 Zip Code

For the city of Sarasota, the population within 34243 has increased to over 32,610 residents in population size. The current population total is 30,107. We have broken down the population based on race below. In 34243, there are over 14078 in male population and 16029 females.

PopulationValues
Total Population30,107
White Population23090
Black Population1540
Hispanic Population3761
Asian Population1222
Hawaiian Population9
Indian Population81
Other Population1124
Male Population14078
Female Population16029
Population Estimate32610

Household Data for 34243

The average number of homes in 34243 is around 14,079, there are an average of 2.08 per household. The average house value according to local real estate values is around $307,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode14,079
Persons Per Household2.08
Average House Value$307,900
Income Per Household$70875
Median Age54.5
Median Age Male53.3
Median Age Female55.5
34243 DetailsValues
StateFL
State Full NameFlorida
City TypeP
City Alias Abbreviation
Area Code941
CitySarasota
City Alias NameSARASOTA
CountyManatee
County FIPS081
State FIPS12
Time Zone5
Day Light SavingY
MSA7510
PMSA
CSA412
CBSA35840
CBSA_DIV
CBSA_TypeMetro
CBSA_NameNorth Port-Bradenton-Sarasota, FL
MSA_NameSarasota-Bradenton, FL MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1409
Number Of Employees20572
Business First Quarter Payroll232056
Business Annual Payroll1014740
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population702281
CBSA Division Population0
Congressional District16|17
Congressional LandArea875.33|6369.97
Delivery Residential15678
Delivery Business1631
Delivery Total17168
Preferred Last Line KeyY22859
Classification Code
Multi-CountyY
CSA NameNorth Port-Bradenton, FL
CBSA_DIV_Name
City State KeyY22859
Land Area17.973000
Water Area2.414000
City Alias Code
City Mixed CaseSarasota
City Alias Mixed CaseSarasota
Box Count0
SFDU8558
MFDU2616
State ANSI12
County ANSI081
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number118430
Unique ZIP Name
SSA State County Code10400
Medicare CBSA Code35840
Medicare CBSA NameNorth Port-Sarasota-Bradenton, FL
Medicare CBSA TypeMetro
Market Rating Area ID40
County Mixed CaseManatee

Florida Homeowners Insurance News & Information

  • 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 […]

  • 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: […]