Get multiple home insurance quotes in 34450. Our licensed 34450, FL agents are ready to serve you.

34450 Home Insurance Rates

For homeowners living in 34450, the population estimates are increasing to well over 10,788 with 5,291 occupied homes within the zip code of 34450. Homeowners like you are dicovering up to 40% or more in savings when they shop their new home insurance policy online. At GetHomeInsuranceQuotes.com, we provide homeowners a free shopping service that allows you to easily compare up to 12 competitive quotes for free. Home insurance premiums in Inverness have increased and the average home insurance premium is around $1,594 per year in 34450. With our online quoting services and hassle free consultation, we can help you apply all the available discounts you need, plus review the best coverage and carrier option for you. Enter your 34450 zip code today so we can help you find affordable Inverness, FL home insurance premiums.

Compare Multiple Homeowners Insurance Rates in 34450

Please select one of the three options below based on your 34450 zip code to learn more about Florida homeowners insurance, plus review average rates and information per state, county or city.

  1. Florida Homeowners Insurance Quotes
  2. Citrus County, FL Home Insurance
  3. Inverness, FL Home Insurance Quotes

34450 Average Home Insurance Rating Cost is: Very High!

Getting cheaper homeowners insurance in the 34450 zip code just got easier with GetHomeInsuranceQuotes.com of Inverness, FL. A homeowners policy consists of a combined property and casualty coverage for your home. To insure your home for a variety of risks like fire, theft, windstorm damage or liability accidents, it's important to get the right home insurance coverage. A standard HO-3 homeowners policy will help you get the basic coverage you need. Their are multiple home insurance types and we can help you get the savings you are looking for you in your insurance cost, plus the enhanced coverage you need so you have the protection when you need it most. Shop your home in 34450 today and let us help you review the best home insurance quotes available for homeowners living in Inverness.

Get 34450 Homeowners Insurance Rates Now!

34450 Home Insurance Average Premiums

Local 34450 homeowners insurance quotes comparison

$1344 /yr.

Shows Zip Code: 34450 lowest rates with discounts applied on average.

For the 34450, 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)
$1344 /yr.
Average Coverage:$1594 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1894 /yr.

What is the average home insurance cost for a home in 34450?

  • • The average homeowners insurance premium paid annually for a home in 34450 is around $1594 per year.

What does it cost on average per month for home insurance in 34450?

  • • Homeowners in 34450 pay a monthly average cost per month around $133.00.

What kind of discount could I get if I combine my home and auto insurance together in 34450?

  • • Autoowners in 34450 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 Inverness area, check out other zip codes nearby 34450.
Review average rates in another zip code:
34453 homeowners insurance rates
34452 homeowners insurance rates
34450 homeowners insurance rates

Home Replacement Cost Coverage in 34450

Average Building Cost Per Square Foot in 34450: $167

Location: Inverness, Florida (Citrus County)

Average Square Footage in 34450: 924 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 34450 before you start any project. Inverness 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 34450 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 34450 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 924 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 Inverness 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$167924$154,300
Additional Upgrades & Added Features$209924$192,875
Major Home Updates or Advancements$251924$231,450

It's important to understand that when you estimate your replacement cost of your home in the 34450 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 34450

Allstate Insurance Companies - Independent Agents- Inverness

Address: 1101 Highway 41 North Inverness, FL 34450
Phone: (352)726-0550
Website: www.allstate.com

Best Home & Auto Insurance Agencies in 34450

Housing Demographics for 34450

Population Review for 34450 Zip Code

For the city of Inverness, the population within 34450 has increased to over 11,887 residents in population size. The current population total is 10,788. We have broken down the population based on race below. In 34450, there are over 5180 in male population and 5608 females.

PopulationValues
Total Population10,788
White Population9694
Black Population203
Hispanic Population520
Asian Population86
Hawaiian Population1
Indian Population40
Other Population168
Male Population5180
Female Population5608
Population Estimate11887

Household Data for 34450

The average number of homes in 34450 is around 5,291, there are an average of 2.02 per household. The average house value according to local real estate values is around $154,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,291
Persons Per Household2.02
Average House Value$154,300
Income Per Household$39774
Median Age59.0
Median Age Male57.1
Median Age Female60.4
34450 DetailsValues
StateFL
State Full NameFlorida
City TypeP
City Alias Abbreviation
Area Code352
CityInverness
City Alias NameINVERNESS
CountyCitrus
County FIPS017
State FIPS12
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA26140
CBSA_DIV
CBSA_TypeMetro
CBSA_NameHomosassa Springs, FL
MSA_Name
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses288
Number Of Employees2358
Business First Quarter Payroll17567
Business Annual Payroll77093
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population141236
CBSA Division Population0
Congressional District12
Congressional LandArea883.75
Delivery Residential5885
Delivery Business380
Delivery Total6725
Preferred Last Line KeyY22109
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyY22109
Land Area31.186000
Water Area14.114000
City Alias Code
City Mixed CaseInverness
City Alias Mixed CaseInverness
Box Count0
SFDU4402
MFDU69
State ANSI12
County ANSI017
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number114305
Unique ZIP Name
SSA State County Code10080
Medicare CBSA Code26140
Medicare CBSA NameHomosassa Springs, FL
Medicare CBSA TypeMetro
Market Rating Area ID9
County Mixed CaseCitrus

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: […]