Palm Coast, FL Home Insurance Quotes!
We provide competitive homeowners insurance rates for your home located in Palm Coast, FL. Our quoting process makes it simple for homeowners to find great coverage by comparing multiple rate options against 12 major home insurance carriers that are competing for Palm Coast home insurance business. The majority of our carriers are rated highly by A.M. Best so you can trust our process and the benefits of working with a specialized homeowners insurance agent.
Getting Palm Coast, FL homeowners insurance quotes is very simple and only takes a few minutes. You can start the online quoting process by entering your zip code of the property you would like to insure. Once you submit an online quotes request our licensed agent will begin working on your quote right away. Our agents have the ability to compare up to 12 coverage options but it does take a few minutes to generate all of the quotes and compare which one is best for you. Once our agent has finished comparing your premiums, they will provide the most affordable and best homeowners insurance option for your home in Palm Coast. Start your home insurance quote today!
Palm Coast, FL Housing Data
The city of Palm Coast in Florida is roughly around 75,180 residents in population size with 29805 occupied homes within the city of Palm Coast. The average family household in Palm Coast is 21772.
| Demographic | Values |
|---|---|
| Population | 75,180 |
| Total Occupied Households | 29805 |
| Family Households (families) | 21772 |
| Average Owner Occupied Household Size | 2.37 |
| Average Family Size | 2.88 |
| Total Housing Units | 35058 |
Homeowners Insurance Rates in Palm Coast
Let's talk homeowners insurance for Palm Coast residents that are now finding more hassle free ways to shop and compare rates easily online with GetHomeInsuranceQuotes.com. Florida may not be considered the most expensive state in the country to buy home insurance, it does rank higher than average at a national rank of 1. Residents of Palm Coast, FL are currently paying $1,587 (per year) for homeowners insurance coverage on average, where the cost of home insurance in Palm Coast will range from the cheaper side of $1,337 a year to more expensive home insurance premiums in the $1,887 range per year. These average home insurance rates reflect the annual premium of a standard home insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage. Average rates do not include wind and hail coverage, hurricane insurance, earthquake or flood insurance. Let us help you shop the best rates and coverage options for your home.
Finding the best home insurance rates online is easy with GetHomeInsuranceQuotes.com. Please allow our service to provide savings of up to 40% for you and your family. First, enter your zip code to start shopping local Palm Coast, FL home insurance rates. Once you submit your online quotes request, we can compare the right coverage and premium option that best fits the coverage you need at the right price. We provide a free consultation to allow you to review the policies and ask questions to help alter the coverages and rates. Our process is free and only takes a few minutes of your time. Thousands of Palm Coast homeowners every month trust our home insurance shopping service. Try it today and save more on your home insurance premium!
Compare Homeowners Insurance Rates in Palm Coast, FL!
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Our Service in Florida
You can feel confident that our experience, integrity and service will help you find the best insurance policy at a price you can afford. We work with a wide variety of insurers in Palm Coast, Florida and all of them are top rated "A+" by A.M. Best Rating and have been in business for several decades.
Just a few of the insurers we work include American Integrity Insurance Group, Anchor Insurance, ASI, Bankers Insurance Group, Centauri Insurance, Chubb, Edison Insurance Company, Florida Peninsula Insurance Company, Heritage Insurance, Lexington Insurance, Olympus Insurance, People's Trust Insurance Company, St. Johns Insurance Company and many more.
Average Rates Nearby Palm Coast
Are you looking for homeowners insurance in a city near Palm Coast? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
Home Insurance Rates by Zipcode in Palm Coast, FL
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Palm Coast.
Palm Coast, FL Home Insurance Average Premiums
$1337 /yr.
For the city of Palm Coast, 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) | $1337 /yr. |
| Average Coverage: | $1587 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1887 /yr. |
What is the average home insurance cost for a home in Palm Coast, FL?
- • The average homeowners insurance premium paid annually for a home in Palm Coast is around $1587 per year.
What does it cost on average per month for home insurance in Palm Coast, FL?
- • Homeowners in Palm Coast pay an average cost per month around $132.00 for insurance coverage.
Palm Coast, FL Coastal Wind, Hail & Flood Information
Palm Coast is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.
Flood Zone Notice: The beautiful coastal city of Palm Coast is know for it's beautiful beaches and waterways. Because Flagler County (FIPS: 12035) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Palm Coast, FL.
Coastal Palm Coast, Florida Information: To obtain flood insurance coverage, the process usually takes more than 30 days to finalize, if you need flood insurance coverage now, please call us at 888-620-1954.
For more information about your area, please click Coastal Homeowners Insurance in Florida
Palm Coast, FL - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $361,880 | $332,080 |
| February | $359,442 | $339,010 |
| March | $358,239 | $347,079 |
| April | $356,683 | $355,189 |
Homeowners insurance will help cover the cost to repair or replace your Palm Coast home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Palm Coast
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Palm Coast, FL homeowners insurance rates all in one place! |
Saving Money Tips on Palm Coast Home Insurance
A great way to save money on Palm Coast homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Palm Coast area? Check out what homeowners are paying on average for Florida homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 30 ft. | This is the average home elevation in Palm Coast, FL | » Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Palm Coast, Florida. A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy. It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas. |
To get online quotes on your home and compare rates on home insurance premiums in Palm Coast, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Flagler County.
Florida Homeowners Insurance News & Information
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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 […]
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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 […]
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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 […]
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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. […]
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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 […]
Palm Coast, FL Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Palm Coast so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Palm Coast, FL?
- The average square footage in Palm Coast is around 1,323 Sq. Ft. which would cost you around $220,900 to replace the home if you base the home on the price to build per square foot of $167.
Minimum Replacement Cost Total: $220,900
Location: Palm Coast, Florida (Flagler County)
Average Building Cost Per Square Foot in Palm Coast: $167 (low end)
Average Square Footage in Palm Coast: 1,323 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $167 | $220,900 |
| Some Additional Upgrades | $209 | $276,125 |
| Major Home Updates or Advancements | $251 | $331,350 |
The dwelling coverage is calculated by the average cost per square foot ($167) in Palm Coast, Florida times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $521,875 (Media price to build of $209 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.