Homeowners insurance on a $400,000 house in Florida

How much is homeowners insurance on a $400,000 house in Florida?

In Florida, the average cost of home insurance on a $400k house is $5,516 annually.

Coverage	Average annual premium	Average monthly premium
$400,000 with a $1,000 deductible and $100,000 liability	$5,520	$460
$400,000 with a $1,000 deductible and $300,000 liability	$5,516	$460

Homeowners insurance on a $400,000 house in Florida by company

The cheapest company for insurance on a $400,000 house in Florida is Travelers at an average rate of $2,469. Security First Insurance is second at $4,587.

Compare home insurance based on a policy with $400,000 in dwelling coverage, $300,000 in liability coverage and a $1,000 deductible.

Company	Average annual premium	Average monthly premium
Travelers	$2,469	$206
Security First Insurance	$4,587	$382
American Integrity Insurance	$5,229	$436
Progressive	$5,555	$463
Heritage Insurance Holdings	$5,787	$482
Allstate	$5,882	$490
State Farm	$5,925	$494
HCI Group Inc	$6,110	$509
Nationwide	$7,192	$599
Universal Insurance Holding	$8,778	$732
FedNat Holding	$8,861	$738
Citizens Property Insurance	$11,258	$938

Home insurance calculator

Use our home insurance calculator to get rates more tailored to your home and ZIP code.

Home insurance calculator by ZIP code

Average home insurance rates on 400K house 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

Florida homeowners insurance rates for a $400,000 home by liability level

Dwelling coverage has the biggest impact on your home insurance rates, and increasing your liability from the standard $100,000 to $300,000 is a difference of only ($4) a year.

Company	$400,000 with a $1,000 deductible and $100,000 liability	$400,000 with a $1,000 deductible and $300,000 liability	Hurricane deductible
Travelers	$2,449	$2,469	2%
Security First Insurance	$4,561	$4,587	2%
American Integrity Insurance	$5,231	$5,229	2%
Progressive	$5,540	$5,555	2%
Heritage Insurance Holdings	$5,776	$5,787	2%
State Farm	$5,912	$5,925	2%
Allstate	$6,036	$5,882	2%
HCI Group Inc	$6,092	$6,110	2%
Nationwide	$7,177	$7,192	2%
Universal Insurance Holding	$8,760	$8,778	2%
FedNat Holding	$8,846	$8,861	2%
Citizens Property Insurance	$11,258	$11,258	2%

Homeowners insurance on a $400,000 house in Florida by credit rating

In Florida, your credit history can be used to determine what you pay for home insurance. The average cost of a $400,000 insurance policy with excellent credit is $10,380, while the average cost for a homeowner with poor credit for the same policy is $11,426.

Compare rates for $400,000 in dwelling coverage, $300,000 in liability and a $1,000 deductible by credit tier below.

Credit tier alignment level	$400,000 with a $1,000 deductible $100,000 liability	$400,000 with a $1,000 deductible $300,000 liability
Excellent	$10,362	$10,380
Fair	$10,810	$10,829
Good	$10,595	$10,614
Poor	$11,406	$11,426

Florida homeowners insurance on a $400,000 house by deductible

Increasing your deductible means lower insurance rates. The average difference between a $400,000 policy with a $1,000 deductible and the same policy with a $2,500 deductible is $90 a year.

Take a look at how deductibles affect home insurance rates in Florida below.

Deductible	Average annual premium	Average monthly premium
$500	$2,933	$244
$1,000	$2,500	$208
$2,000	$2,419	$202
$2,500	$2,410	$201
$3,000	$2,410	$201
$4,000	$2,272	$189
$5,000	$2,266	$189

Florida home insurance on a $400,000 house by city

The cheapest city in Florida for $400,000 in dwelling coverage is Tallahassee at $3,820 a year. Whereas the most expensive city in Florida to insure a $400,000 house is Port St. Lucie at $7,076 a year.

Where you live in Florida impacts your home insurance premium due to risk factors like weather, crime and more. Compare average annual home insurance rates in major Florida cities below.

City	Annual premium	Monthly premium
Tallahassee	$3,820	$318
Jacksonville	$4,689	$391
St. Petersburg	$6,827	$569
Orlando	$5,287	$441
Cape Coral	$6,611	$551
Port St. Lucie	$7,076	$590
Tampa	$6,478	$540
Fort Lauderdale	$6,331	$528
Miami	$5,692	$474
Hialeah	$6,436	$536

Factors that impact homeowners insurance on a $400,000 house

A number of factors affect the cost of homeowners insurance in Florida. They include:

ZIP code
Square footage
Construction type
Risks on the property
Past claims

How to determine how much coverage you need for a $400,000 house

The coverage you need for your home is based on its replacement cost and not its market value. So, if you paid $400,000 for your house, that doesn't mean you need $400,000 in coverage. It could be higher or lower than that, since factors that affect market value, like land value or school districts, have no impact on homeowners insurance.

To ensure you get the right amount of coverage, it's important to do a thorough and accurate replacement cost calculation. You can estimate the amount to get ballpark insurance rates, but when it comes to buying a policy, it needs to be accurate to properly protect your home.

Frequently asked questions

How do you estimate the cost of homeowners insurance for a $400,000 house?

To estimate your insurance cost, first estimate your home's replacement cost. You can then get home insurance estimate using our home insurance calculator.

Is replacement cost coverage necessary for a $400,000 home?

Your mortgage company will likely require you to carry replacement cost coverage, regardless of your home's value. Fortunately, standard home insurance policies include replacement cost coverage for the dwelling.