Florida Homeowners Insurance Quotes

Florida is a great state to call home. Regardless of whether you are looking to live at the beach, or something a little further inland, Florida has everything you need to have a great life and raise a family.

The outdoor life is what Florida is all about. Obviously the ocean and beach are a huge draw but we also have three national parks and plenty of hiking and biking trails.

Florida is no slouch when it comes to cultural activities. The state is dotted with museums, festivals, opera houses and let's not forget the always fun Walt Disney World. In addition we have some of the best restaurants in the country.

If you are considering making the move down to Florida you can't go wrong. Our big cities such as Miami, Tallahassee and Orlando offer all the conveniences of a major metro area. On the other hand, if you're looking for a slower paced lifestyle, consider some of our smaller towns and villages such as Fort Myers, Sarasota or Jupiter.

No matter where you end up putting down roots, you are going to love your new Florida lifestyle.

2026 Florida Home Facts

As of 2026, Florida continues to be one of the fastest-growing states in the U.S., with a population well above 22 million residents. Strong migration, employment opportunities, retirement relocation, and a vibrant economy continue to fuel housing demand.

Housing Market & Home Values

• Florida's median home price entering 2026 is holding in the low-to-mid $400,000 range.
• Forecasts suggest modest growth of roughly 2%-4% through the year as the market stabilizes.
• Household incomes vary by region, but many families continue balancing rising housing and insurance costs.

Florida Homeowners Insurance Costs in 2026

Florida remains one of the most expensive states for homeowners insurance, although recent reforms are beginning to slow - and in some cases reduce - premiums.

• Average statewide premiums commonly fall in the mid-$3,000 to $4,000 range depending on home characteristics and coverage choices.
• Coastal or hurricane-exposed homes often see costs of $6,000 or more annually.
• Higher value homes in major metro and coastal markets can exceed $10,000+ per year, particularly with lower hurricane deductibles.

Major 2026 Premium Trends

• Rate reductions are emerging for some homeowners due to legislative reform, reduced litigation, and new insurance companies entering the market.
• Citizens and several private insurers are filing decreases for many policyholders, with potential savings often ranging from about 8% to 14% depending on county and risk profile.
• Even with improvements, Florida premiums remain above the national average because of hurricane exposure and reinsurance costs.

Why Florida Insurance Costs More

• High hurricane and tropical storm risk
• Historical litigation and claims environment
• Global reinsurance pricing that affects insurer costs

Coverage Options for Florida Homeowners

Standard HO-3 Policy: Covers the home's structure and belongings from most common risks. Required by most mortgage lenders.

Windstorm / Hurricane Coverage: Often included but may carry a separate percentage-based deductible.

Flood Insurance: Not covered by standard homeowners policies. Usually purchased separately through the NFIP or private markets.

Optional Add-Ons:

• Replacement cost on the home
• Personal property replacement
• Water backup coverage
• Wind mitigation credits for storm-resistant features

What's Changed for 2026

• Greater market stability compared to prior years of steep increases.
• More carrier participation is improving shopping opportunities.
• Regulatory reforms are helping reduce fraud and legal costs that previously pushed rates higher.

Ways to Lower Your Florida Home Insurance Premium

• Shop multiple carriers and compare equivalent coverage.
• Consider adjusting deductibles.
• Upgrade roofs, windows, or shutters for wind mitigation discounts.
• Bundle home and auto policies.

At GetHomeInsuranceQuotes.com, we make it easy to compare up to 30 insurance companies serving Florida. In a changing 2026 market, shopping your policy is one of the most effective ways to find better coverage at a competitive price.

Insurance Rates by Homeowners Insurance Type

There are a number of different types of homeowners insurance and each one is designed to insure a specific type of home. Here is an overview of the different types of homeowners insurance as well as the average Florida premium for each type according to data from NAIC:

Dwelling Fire: Dwelling fire insurance offers very basic coverage. It only covers damage due to smoke and fire although some policies will also cover damage that is due to vandalism, wind and explosions.

In the Sunshine State roughly 6.2 percent of policies are Dwelling Fire with the average premium coming in at a still pricey $1,819.

HO-2: An HO-2 policy is also a very basic policy. It covers damage from perils that are specifically listed in the policy wording. If the peril is not listed, your damage will not be covered.

In Florida, a mere 0.1 of policies are HO-2s. The average premium for these policy types is $2,033.

HO-3: This is considered the standard homeowners policy for single-family homes. It offers protection from all perils except those that are specifically excluded in the policy wording.

In all cases, flood and earthquake damage is excluded from a standard HO-3 policy. This can be particularly important in Florida where flood damage is common. If you live in a flood prone area you will need a separate flood insurance policy.

In Florida, 66.6% of homeowner policies are HO-3s. The average price for an HO-3 is $2,115 per year.

HO-4: This policy type also goes by the name renters insurance as it is designed to protect people who live in apartments. These policies cover your personal possessions as well as offer liability coverage in the event someone is injured in your apartment.

In Florida, 8.2 percent of policies are HO-4s according to the NAIC.

HO-5: An HO-5 policy is used to protect newer and more upscale houses. It not only protects your home but other structures on the property and covers your personal possessions against all perils, except those that are specifically excluded. In almost all cases, an HO-5 policy is not available for older homes

Roughly 0.4 percent of policies in Florida are HO-5s, which is probably due to their high cost, the average policy premium is $4,278.

HO-6: This policy is for owners of condos and co-ops. It covers your personal property as well as the structural components of the building that you own such as the walls in your particular condo or co-op. It should be noted that coverage is limited to 16 specific perils that are listed in the policy.

In Florida, 15 percent of policies are this type.

Florida Home Insurance Question & Answer

How much is home insurance coverage on a $400,000 house in Florida? - Around $4,800 per year depending on the coverage options you may need or choose to have on your policy. Rates can be much higher in areas like Fort Lauderdale. Rates can depend on how close you are to the coastline, your most recent claim history and the coverage levels on your policy will determine the final premium.

How much is homeowners insurance on a $600,000 house in Florida? - Around $6,500 per year depending on the coverage options, location and claims made on existing or previous policies.

Factors to Consider in Florida

While there are many factors that help push up the cost of homeowners insurance in Florida, here are three of the big ones:

Hurricanes: Florida has seen a lot of hurricanes in its history. Despite the fact that it has been a number of years since a catastrophic hurricane has hit the coast of Florida, past hurricane damage still pushes up the cost of insurance dramatically. According to industry data, since 1983, there have been $67 billion in insured catastrophic losses in the state of Florida.

While there is little you can do to protect against a direct hurricane hit, adding storm shutters, or replacing your roof with wind resistant materials can help minimize damage from major windstorms or even the fringes of a hurricane. This will usually result in a discount from your insurance company.

Flooding: Flooding can often be the result of hurricanes as well as tropical storms. As an example, in 2012, Tropical Storm Debbie dumped roughly 15 inches of rain in parts of South Florida and in 2008 Tropical Storm Fay flooded some roads with up to 5 feet of water.

Flood damage can be extremely expensive and a standard homeowners policy will not cover damage due to flooding. While flood insurance can be purchased through a standard insurance agent, pricing is set by the National Flood Insurance Program. Depending on where your home is located, flood insurance can be extremely expensive, but can be a financial lifesaver if your home is damaged due to flooding.

Pools: Due to our hot temperatures, pools are pretty common in Florida. Unfortunately, pools can result in injuries, which can quickly lead to lawsuits. If you have a pool expect your premiums to go up at least $50 per month. Be sure to factor in these costs if you are considering a home that already has a pool or are thinking of putting a pool in at your current home.

If you’re making the move to the Sunshine State, you're making one of the best decisions of your life. Regardless of whether you settle in a major city such as Miami, Tampa, or Jacksonville or decide a smaller town like Port Charlotte, Bonita Springs or Everglades City is more your speed, you will need a brand new policy to cover your new Florida home.

We can easily help you shop and compare up to 30 different Florida home insurance premiums and apply all the available discounts and credits. Some of our most competitive home insurance companies in Florida include: Centauri Insurance, St. Johns Insurance Company, People's Trust, Heritage, Edison, Florida Peninsula, Olympus, American Integrity, Tower Hill, Anchor, Universal Property and Casualty and many more.

Get started today, easily request free Florida home insurance quotes and get the most competitive rates online now.