Best and cheapest homeowners insurance in Florida in 2026

How much is home insurance in Florida?

The average homeowners insurance cost in Florida is $7,136 a year, nearly $4,593 more than the national average of $2,543. These averages are based on the following coverage:

$300,000 dwelling coverage
$1,000 deductible
2% hurricane deductible
$300,000 liability

This average rate includes a hurricane deductible. Without it, the average rate is $2,557. This seems like a bargain, but if the hurricane deductible isn't selected, hurricane damage to your home likely isn't covered. Make sure you read the fine print so you don't find yourself without coverage.

Florida's property insurance crisis is easing, with rate increases in the state stabilizing after S&P Global reported an average rate increase of 42.1% in Florida from 2018 to 2023, rates increased by a smaller 14% in 2024. Still, it's expensive.

“Shop around among several different carriers. While many companies have gone bankrupt or are refusing to write new policies in Florida, there are still companies making sure Florida homeowners are protected,” says Anthony Martin, CEO of Choice Mutual.

Best homeowners insurance company in Florida: State Farm

State Farm is the best home insurance company in Florida, thanks to low rates and a low complaint ratio with the National Association of Insurance Commissioners (NAIC). State Farm and Progressive round out the top two.

The best companies can also be broken down by category:

Best for low rates: State Farm
Best for a low volume of customer complaints: State Farm
Best for financial stability: Progressive

How we chose the best home insurance companies in Florida: To rank home insurance companies, we looked at average annual rates, complaint ratio with the National Association of Insurance Commissioners (NAIC) and financial strength ratings from AM Best. The best ranking represents major insurance companies.

Below you’ll find the best home insurance companies in Florida. Keep in mind that some companies only offer coverage in specific areas of Florida.

Best home insurance companies in Alaska

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Table

Best homeowners insurance in Florida
Company	AM Best	Average annual rate	NAIC complaint ratio	Insurance.com score
State Farm	A+	$4,654	1.15	3.86
Progressive	A+	$7,892	1.5	3.29
Nationwide	A	$8,148	1.34	3.23
Allstate	A+	$11,844	1.26	2.90
Universal Insurance Holding	A-	$9,010	1.84	2.78

Read our methodology

Travelers

Travelers' low rates landed it in the No. 1 spot for Florida home insurance. With the challenges of finding cheap homeowners insurance in Florida, rates are a top concern for many. Travelers brings low rates along with a good AM Best rating for financial stability and no complaints on record with the NAIC.

State Farm

State Farm is our second pick for homeowners insurance in Florida, with a low complaint ratio and solid AM Best rating. Rates at State Farm aren't the lowest, but the company offers a good auto and home bundle that can reduce that cost.

Progressive

Progressive landed in third place for home insurance in Florida thanks to the best AM Best rating and the second-lowest rates. However, it's worth noting that in this case, second-lowest is well above the most affordable company, Travelers.

Which company has the cheapest home insurance in Florida?

State Farm is the cheapest home insurance company in Florida, with an average rate of $4,654 for $300,000 in dwelling coverage. It remains the cheapest at higher coverage levels as well, with a rate of $7,316 for $600,000 in dwelling coverage, which is slightly more than half the cost of the next cheapest competitor.

Home insurance rates can vary a lot depending on the company you choose. The table below provides a look at average rates from home insurance companies in Florida, including national and local companies. Several dwelling coverage levels are displayed, all with liability levels of $300,000 and a $1,000 deductible.

Cheapest homeowners insurance in Florida
Company	$200,000	$300,000	$400,000	$600,000	$1,000,000
State Farm	$3,622	$4,654	$5,535	$7,316	$10,272
Security First Insurance	$3,442	$5,050	$6,566	$9,265	$14,477
Citizens Property Insurance*	$3,800	$5,682	$7,570	$11,438	$18,997
HCI Group Inc	$4,604	$7,002	$9,573	$14,875	$22,365
Progressive	$5,728	$7,892	$9,406	$13,494	$19,626
Heritage Insurance Holdings	$5,395	$8,008	$10,798	$16,590	$24,327
Nationwide	$5,827	$8,148	$10,452	$14,897	$23,087
Universal Insurance Holding	$7,961	$9,010	$12,582	$19,207	$29,950
Allstate	$9,486	$11,844	$14,990	$22,651	$31,915

Read our methodology

*Citizens is the state-run insurer of last resort.

People ask

What is Citizens Property Insurance Corporation?

Citizens Property Insurance Corporation is the state-backed insurer of last resort in Florida. It offers insurance coverage for homes that don't qualify on the standard market.

Florida home insurance trends

What’s affecting home insurance in Florida? Here’s what you need to know.

Florida home insurance rates are going down as the market stabilizes. Spectrum News 13 reports that carriers, including State Farm, have filed for double-digit rate decreases.
Citizens Insurance, the insurer of last resort, is reducing rates again and has reduced the number of policies it holds Florida Phoenix reports.
A new bill would require home insurance companies to offer reduced rates to homeowners without claims. Bill SB-1467 would take effect on July 1, 2026, if passed.

Florida homeowners insurance rates by ZIP code

We analyzed home insurance rates from major insurance companies in nearly every ZIP code in Florida.

Enter your ZIP code in the search box in our tool below to see the average home insurance rate for your area, as well as the highest and lowest premiums from major insurers. Default rates are for coverage of $300,000 dwelling and liability and a $1,000 deductible (2% hurricane).

Home insurance calculator by ZIP code

Average home insurance rates in Texas

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive
Least expensive

ZIP code	City	Highest rate
77550	Galveston	$10,164
77586	El Lago	$9,906
77551	Galveston	$9,536
77554	Galveston	$9,358

ZIP code	City	Lowest rate
78559	Iglesia Antigua	$1,956
78593	Santa Rosa	$1,999
79915	El Paso	$2,008
79905	El Paso	$2,009

Read our methodology

The Florida Office of Insurance Regulation says...

"The state of Florida requires insurance companies to offer discounts for protecting your home and mitigating damage that may be caused by hurricane-force winds."

- The Florida Office of Insurance Regulation

Florida homeowners insurance rates by county

The map below shows all Florida counties and the average rates for home insurance in each.

Map

Table

Average annual premium

$3,808

$18,201

County	Average annual premium
Alachua	$3,959
Baker	$4,818
Bay	$5,909
Bradford	$5,021
Brevard	$7,645
Broward	$11,782
Calhoun	$4,764
Charlotte	$6,111
Citrus	$4,549
Clay	$4,414
Collier	$8,698
Columbia	$4,769
DeSoto	$5,688
Dixie	$4,863
Duval	$4,752
Escambia	$6,317
Flagler	$5,639
Franklin	$6,259
Gadsden	$4,858
Gilchrist	$5,188
Glades	$5,738
Gulf	$6,237
Hamilton	$4,904
Hardee	$5,641
Hendry	$7,058
Hernando	$4,884
Highlands	$5,199
Hillsborough	$5,979
Holmes	$4,860
Indian River	$8,454
Jackson	$5,002
Jefferson	$4,692
Lafayette	$4,867
Lake	$5,090
Lee	$6,711
Leon	$4,187
Levy	$5,474
Liberty	$5,282
Madison	$4,750
Manatee	$6,012
Marion	$4,561
Martin	$10,625
Miami-Dade	$13,630
Monroe	$18,201
Nassau	$4,811
Okaloosa	$6,830
Okeechobee	$6,583
Orange	$6,438
Osceola	$6,936
Palm Beach	$10,340
Pasco	$5,237
Pinellas	$5,771
Polk	$5,987
Putnam	$3,808
Santa Rosa	$7,121
Sarasota	$5,984
Seminole	$5,959
St. Johns	$4,298
St. Lucie	$9,291
Sumter	$4,388
Suwannee	$5,301
Taylor	$5,056
Union	$5,019
Volusia	$5,883
Wakulla	$5,524
Walton	$6,144
Washington	$5,175

Read our methodology

Which county in Florida has the most expensive home insurance?

Monroe has the most expensive rates of all Florida counties for home insurance, at an average rate of $18,201. Below is a list of the most expensive counties and their average rates.

County	Rates
Monroe	$18,201
Miami-Dade	$13,630
Broward	$11,782
Martin	$10,625
Palm Beach	$10,340
St. Lucie	$9,291
Collier	$8,698
Indian River	$8,454
Brevard	$7,645
Santa Rosa	$7,121

Read our methodology

What are the least expensive counties in Florida for home insurance?

Putnam leads with the lowest average annual premium at $3,808. It's closely followed by Alachua and Leon counties, with rates of $3,959 and $4,187, respectively. Find below the counties with the least expensive home insurance rates.

County	Rates
Putnam	$3,808
Alachua	$3,959
Leon	$4,187
St. Johns	$4,298
Sumter	$4,388
Clay	$4,414
Citrus	$4,549
Marion	$4,561
Jefferson	$4,692
Madison	$4,750

Read our methodology

People ask

Which insurance companies left Florida?

The companies that have left Florida or gone out of business include:

Farmers
Southern Fidelity
Weston Property & Casualty
United Insurance Holdings
FedNat
Bankers
Lighthouse Property Insurance
Avatar Property & Casualty
Lexington
St. Johns

How much is homeowners insurance in Florida by city?

Tallahassee has the cheapest homeowners insurance among the state's largest cities, with an average rate of $4,187 per year, which is $349 per month. Rates below are shown with a 2% hurricane deductible.

City	Average annual premium
Cape Coral	$6,622
Fort Lauderdale	$11,903
Hialeah	$14,875
Jacksonville	$4,755
Miami	$12,199
Orlando	$6,449
Port St. Lucie	$7,922
St. Petersburg	$5,587
Tallahassee	$4,187
Tampa	$5,952

Read our methodology

Florida homeowners insurance rates by coverage level

Below are average rates for homeowners insurance in Florida by coverage level, including coverage with and without a hurricane deductible. Deductibles are $1,000 for all perils and 2% for hurricanes.

First, rates without a hurricane deductible. Please note that these rates may not include any coverage for hurricane damage.

Florida home insurance rates with no hurricane deductible

Coverage level	Average rate
$200,000 with$1,000 deductible and $100,000 liability	$1,852
$200,000 with$1,000 deductible and $300,000 liability	$1,876
$300,000 with$1,000 deductible and $100,000 liability	$2,527
$300,000 with$1,000 deductible and $300,000 liability	$2,557
$400,000 with$1,000 deductible and $100,000 liability	$3,290
$400,000 with$1,000 deductible and $300,000 liability	$3,308
$600,000 with$1,000 deductible and $100,000 liability	$4,857
$600,000 with$1,000 deductible and $300,000 liability	$4,877
$1,000,000 with$2,500 deductible and $100,000 liability	$7,146
$1,000,000 with$2,500 deductible and $300,000 liability	$7,171

Read our methodology

Florida home insurance rates with a 2% hurricane deductible

Coverage level	Average rate
$200,000 with$1,000 deductible and $100,000 liability	$5,260
$200,000 with$1,000 deductible and $300,000 liability	$5,276
$300,000 with$1,000 deductible and $100,000 liability	$7,118
$300,000 with$1,000 deductible and $300,000 liability	$7,136
$400,000 with$1,000 deductible and $100,000 liability	$9,264
$400,000 with$1,000 deductible and $300,000 liability	$9,283
$600,000 with$1,000 deductible and $100,000 liability	$13,709
$600,000 with$1,000 deductible and $300,000 liability	$13,729
$1,000,000 with$2,500 deductible and $100,000 liability	$20,688
$1,000,000 with$2,500 deductible and $300,000 liability	$20,711

Read our methodology

Why is homeowners insurance so expensive in Florida?

Insurance companies cite the following reasons why homeowners insurance is so expensive in Florida:

High rates for reinsurance, which is insurance that backs up insurance companies
Water-leak damage claims from non-hurricane causes
Claims from recent hurricanes are still being filed, as homeowners have a three-year window to do so.

Rapid roof replacement fraud schemes and runaway litigation are also causing a price hike.

“Unscrupulous roofers tell homeowners there was recent storm damage in the area and are replacing roofs for free, even when they don’t qualify for insurance coverage. The insurer rejects the claim because it’s not a legitimate insured loss [and] the contractor partners with an unscrupulous attorney to file a lawsuit against the insurer. Even if the case never goes to court, the related expenses are exorbitant for the insurer."

Friedlander explains that Florida is the most volatile private insurance marketplace in the country partly due to litigation.

“More than 100,000 property claim lawsuits were filed against Florida home insurers in 2021, equating to more than 80% of property claim lawsuits filed in the United States. In fact, no other state has more than 900 property claim lawsuits filed [that] year,” says Friedlander.

Home insurance Q&A :

Q : Why is it difficult to get homeowners insurance in Florida?

A : The Florida insurance market is facing an ongoing crisis due to high claim costs; severe weather and litigation have driven some companies out of business and caused others to pull back from the market. The high risk of insuring Florida homes has made it hard to get coverage in some areas.

Answered by Leslie Kasperowicz, Executive Editor

Q : Can you get homeowners insurance in Florida without hurricane coverage?

A : You may be able to buy a home insurance policy that doesn't cover hurricane damage, but it's not recommended.

Answered by Leslie Kasperowicz, Executive Editor

Q : Why is my homeowners insurance so high in Florida?

A : Multiple factors, including severe weather and high rates of litigation, have driven up home insurance rates in Florida. Individual factors like claims history can also increase rates.

Answered by Leslie Kasperowicz, Executive Editor

Methodology

Insurance.com worked with Quadrant Information Services to field homeowners insurance rates in all 50 states and Washington, D.C. We analyzed 20,739,560 insurance quotes from 81 insurance companies across 34,588 ZIP codes to determine the average premiums.

The insurance rates are based on a sample profile of a homeowner with good credit and the following coverage level:

$300,000 dwelling coverage
$300,000 liability protection
$1,000 deductible
2% hurricane deductible where appropriate.

To rank insurance companies, we used three important factors: average annual cost, NAIC complaint ratio and AM Best financial stability rating. Find the full best insurance companies rating methodology here. The quoted insurance rates are for comparison purposes, and your rates will vary.

FAQ: Florida home insurance

Is homeowners insurance expensive in Florida?

Compared to many other states, Florida homeowners insurance is expensive. The average rate is almost $4,600 more per year than the national average.

What should I do if my Florida insurance company drops me?

The first thing to do if your insurance company cancels or non-renews your policy is to contact the company and find out why. The decision may be reversible. If your homeowners insurance is being canceled and there is no way to keep your coverage, it's time to start shopping for a new policy.

How does a hurricane deductible work in Florida?

A hurricane deductible applies when a storm declared to be a hurricane by the National Weather Service causes damage to your house. The insurance company can charge the hurricane deductible rather than your standard home insurance deductible when you file a claim. Hurricane deductibles are usually a percentage of your dwelling coverage. So, a 2% hurricane deductible on a house with $200,000 in dwelling coverage is $4,000. In Florida, however, there may be a $500 option.

Hurricane deductibles in Florida are per-season and not per-incident. You will only pay your deductible once per hurricane season. You should always file a claim for hurricane damage, even if it's below your deductible, since it will count towards your deductible if another storm damages your home that same year.