Boca Raton Insurance Rates:

Boca Raton, FL home insurance is nearly $1,086 to $1,477, about $90-$123/month. Our thorough research indicates shoppers can save as much as $512 by getting multiple quotes

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Read Boca Raton, Florida Homeowners Insurance Reviews & compare quotes to find the best & cheapest home insurance provider.

Boca Raton Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Travelers
Home Insurance Rate of $4300/7 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $330,000

4 Beds, 4 Baths 2040 sqft Seasonal Residence Constructed In 1983 with Wood Flooring, Shingles Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $550/2 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $305,000

3 Beds, 3 Baths 2050 sqft Rental Property Constructed In 1970 with Wood Flooring, Slate Shingles Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

50 Years old Divorced Male who has a Full Time Job with household income of $50-$75,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $5820/12 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $415,000

3 Beds, 3 Bath 2360 sqft Vacation Property Constructed In 1990 with Ceramic Tile Flooring, Tile Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

51 Years old Single Male who is Unemployed and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $8120/12 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $550,000

4 Beds, 4 Bath 2930 sqft Primary Residence Constructed In 2005 with Wood Flooring, Composition Roof, Slab Foundation, Stucco siding, Metal Frame Construction. Home Features Include Fireplace, Swimming Pool, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

73 Years old Divorced Male who is Retired and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $760/2 months for $200,000-$250,000 Coverage
Policy Holder Home Details :

Home Value : $230,000

3 Beds, 3 Baths 1873 sqft Primary Residence Constructed In 1978 with Wood Flooring, Slate Shingles Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Swimming Pool, Fireplace, Fire Extinguisher, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

64 Years old Single Male who is a Freelancer with household income of $25-50,000 and has No Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 500-549 Credit Score

  • Seniors staying at home

Boca Raton, FL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
33432 $475,100 $1,400
33496 $355,700 $1,310
33498 $344,800 $1,300
33486 $316,200 $1,290
33431 $304,400 $1,280
33433 $245,700 $1,220
33428 $205,900 $1,200
33434 $193,000 $1,190

Boca Raton Rates & Quotes Analysis:

Boca Raton Area Estimated House Insurance
NE 25th Ter, Cherry Palm Rd, NE 45th St, Travelers Tree Dr, Argyll Ter, Amberwoods Dr, NE 8th St, NE 10th St, S Rogers Cir, NW 26th Ct$1,208
SW 12th Way, Ascot Bend Rd, Oregon Ln, Camino Gardens Blvd, Fern Dr, NE 71st St, Camino Lakes Cir, Fan Palm Rd, NW 47th St, Via Stel$1,327
Executive Center Cir NW, Ericarose Ct, Spring Bottom Way, Yorkshire Ct, NW 29th St, NW 23rd Ter, Esplanada Dr, NW 9th Ter, Steeple Chase, Mirabella Dr$1,437
Rio del Mar Dr, Sugar Plum Dr, Forsyth St, Cypress Knee Dr, NW 8th Ter, NW 63rd St, NW 26th Ter, Clubside Dr, Jeffery St, Alzira Cir$1,319
NW 26th Pl, NW 23rd Ter, Caravelle Cir, NW 2nd Ter, Pine Haven Cir, NW 35th St, Coach House Cir, Lancaster St, SW 15th Pl, NW 6th Dr$1,357
NW 29th Ave, W Country Club Blvd, Wessex Way, NW 3rd Way, del Rio Blvd, Coco Plum Blvd, NW 29th Ave, NW 26th Cir, NW 64th Blvd, Kingsbridge St$1,370
Appleby St, NE 77th St, Gateside Dr, Oak Cir, NW 51st St, SE 15th St, Montebello Dr, Brevard Ct, SE 31st St, Executive Center Dr NW$1,193
Andrews Pl, Queen Palm Rd, NW Corporate Blvd, Pinehurst Ln, SW 4th Cir, NW 72nd St, Boca Palms Dr, Thatch Palm Dr, Burning Wood Dr, SW Pepperridge Trl$1,221
Balboa Cir, NW 42nd St, NW 12th Ter, Park Dr W, Antigua Point Dr, NE 75th St, NW 36th St, Wildwood Cir, Cactus Cir, NW 6th Ter$1,208
NW 31st St, NW 45th St, NW 28th Ter, NW 16th Ave, Bay Laurel Way, Potomac Rd, Bayberry Ter, NW 63rd Ln, Ballantrae Ct, Seville Pl$1,249

Insurance rates are influenced by a number of factors including:

  • Year Built: 17,756 Homes (24% of total) built between 1970 to 1979 in Boca Raton are paying home insurance between $2,079-$2,099 and varies from Highland Beach (+$164), Gulf Stream (+$625), Ocean Ridge (+$310), Delray Beach (-$141) and Deerfield Beach (-$116).
  • Bedrooms: 28,321 2 bedrooms homes (39% of total homes ) in Boca Raton are paying about $744 compared to Highland Beach (+$59), Gulf Stream (+$223), Ocean Ridge (+$111), Delray Beach (-$50) and Deerfield Beach (-$42).
  • Auto Insurance Bundling: 5,267 Households (12% of all households) in Boca Raton have 3 or more vehicles available and when it is bundled with home insurance you can save $320. Discounts for similar bundling in close by locations such as Highland Beach, Delray Beach, Deerfield Beach come to $345, $298, $302 respectively.
  • Senior Discounts: 26,912 seniors (more than 55 years) occupied housing units (66% of total) in Boca Raton get discounts between $191 to $194. The comparative concessions in proximate regions such as Highland Beach, Delray Beach and Deerfield Beach are $207, $179 and $181 respectively.
  • New Homes discounts: New homes such as the 19,522 homes built between 2000 to 2009 in Boca Raton can save $256 and similar new home insurance discounts in nearby towns and cities like Highland Beach, Delray Beach and Deerfield Beach are $276, $239 and $242 respectively.

Boca Raton Homeowners insurance Facts

  • Boca Raton, FL has 40,605 owner occupied houses which is 72.7% of all units whereas Highland Beach, Delray Beach and Deerfield Beach have 88.94%, 64.96% and 71.97% respectively.
  • Boca Raton, FL homeowners yearly insurance price at $1,282 is 0.36% of the typical house value of $353,100 which is in contrast with 0.26% in Highland Beach, 0.58% at Delray Beach & 0.52% in Deerfield Beach.
  • Homeowners in Boca Raton, FL pay 25.64% of their income (Less than $10,000) in insurance whereas homeowners in Highland Beach, Delray Beach and Deerfield Beach pay 27.66%, 23.9% and 24.2% respectively.
  • Boca Raton, FL’s insurance is 4.5% of monthly housing costs of $2,381/month, for owners with a mortgage compared to 3.1% in Highland Beach, 5.65% at Delray Beach & 4.79% in Deerfield Beach. But, for households without a mortgage, insurance is 11.4% of costs ($937 in Boca Raton, FL) in contrast with 11.51% in Highland Beach, 16.41% at Delray Beach & 18.3% in Deerfield Beach.

Boca Raton, FL Home Values & Insurance rates

For example, insurance for 247 Homes (1.0% of total homes ) valued between $60,000 to $69,999 in Boca Raton, FL is about $230. Rates in nearby areas in such as Lighthouse Point, Palm Beach, Southwest Ranches are cheaper by $12, $120, $86 respectively while Delray Beach and Deerfield Beach are costlier by $140 and $96 respectively for similar homes.

Boca Raton, FL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 514 2.0% $89
$50,000 to $59,999 327 1.0% $179
$60,000 to $69,999 247 1.0% $230
$80,000 to $89,999 473 2.0% $307
$90,000 to $99,999 608 2.0% $333
$100,000 to $124,999 1,399 5.0% $397
$125,000 to $149,999 1,230 5.0% $487
$150,000 to $174,999 1,957 8.0% $589
$175,000 to $199,999 1,633 6.0% $679
$200,000 to $249,999 3,867 16.0% $807
$250,000 to $299,999 4,163 17.0% $999
$300,000 to $399,999 6,971 29.0% $1269

Renters Insurance in Boca Raton

  • Average Renters Insurance in Boca Raton :  $29($2/month)

  • Median Gross Rent in Boca Raton :  $1,406

  • Boca Raton Renters Insurance to Median Rent Ratio:  0.14%

  • Renter occupied housing units in Boca Raton :  15,283

Boca Raton Renters Insurance as a Percentage of Rent

Boca Raton Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 440 3.0% $1882
$750 to $999 1,702 11.0% $2632
$1,000 to $1,499 5,941 40.0% $3757
$1,500 or more 6,284 43.0% $5407

Rent Affordability in Boca Raton:

Approximately 59.0% (9,026) of households are spending more than 35% of their income on gross rent in Boca Raton

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 994 6.0%
15.0 to 19.9 percent 1,217 7.0%
20.0 to 24.9 percent 1,411 9.0%
25.0 to 29.9 percent 1,646 10.0%
30.0 to 34.9 percent 989 6.0%
35.0 percent or more 9,026 59.0%

Boca Raton Renters Insurance Discounts:

Boca Raton Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Boca Raton, FL Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 7,819 51.0% $2.9
2 vehicles available 4,975 32.0% $4.35
3 or more vehicles available 945 6.0% $5.8

Boca Raton Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 903 5.0% $140
60 to 64 years 713 4.0% $112
65 to 74 years 847 5.0% $91
75 years and over 2,290 14.0% $70

Protective device discount in Boca Raton Up to :  $4

Claims-free discount in Boca Raton Up to :  $5