Fort Lauderdale Insurance Rates:

Fort Lauderdale, FL home insurance is about $1,014 to $1,376, about $84-$114/month. Our in depth analysis shows customers can save as much as $478 by comparing many quotes

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Fort Lauderdale Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
GEICO Insurance
Home Insurance Rate of $910/2 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $295,000

4 Beds, 4 Baths 2620 sqft Rental Property Constructed In 1970 with Stone Flooring, Tile Roof, Crawl Space Foundation, Vinyl siding, Stucco Construction. Home Features Include Smoke Alarm, Fire Extinguisher, Swimming Pool, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $590/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $265,000

4 Beds, 4 Baths 2790 sqft Rental Property Constructed In 1989 with Ceramic Tile Flooring, Metal Roof, Chainwall Foundation, Stone Siding, Metal Frame Construction. Home Features Include Fireplace, Copper Water Pipes, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

29 Years old Single Female who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $2970/5 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $380,000

4 Beds, 4 Baths 2960 sqft Vacation Property Constructed In 1987 with Carpet Flooring, Wood Shake Roof, Slab Foundation, Wood siding, Brick Frame. Home Features Include Fireplace, Copper Water Pipes, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

24 Years old Married Female who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $4730/12 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $325,000

4 Beds, 4 Baths 2510 sqft Vacation Property Constructed In 2013 with Linoleum, Composition Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Copper Water Pipes, Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

61 Years old Single Male who is a Freelancer with household income of $100-$150,000 and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $510/1 month for $200,000-$250,000 Coverage
Policy Holder Home Details :

Home Value : $185,000

1 Bed, 1 Bath 836 sqft Primary Residence Constructed In 1977 with Carpet over wood flooring, Asphalt Shingles Roof, Slab Foundation, Wood siding, Brick Frame. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

29 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Fort Lauderdale, FL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
33316 $484,400 $1,370
33327 $444,000 $1,390
33301 $439,700 $1,370
33315 $220,200 $1,220
33312 $195,800 $1,200
33309 $160,500 $1,170
33311 $138,800 $1,170

Fort Lauderdale Rates & Quotes Analysis:

Fort Lauderdale Area Estimated House Insurance
SW 29th Way, S Seabreeze Blvd, Franklin Park Dr, Galt Ocean Dr, S State Rd 7, NW 39th Ter, NE 21st Ln, NE 12th Ct, Neptune Ave, NW 22nd Ter$1,169
Seven Isles Dr, NE 48th Ln, W Las Olas Blvd, Seabreeze Blvd, Cayuga Rd, E Campus Cir, NW 22nd Rd, NE 57th Ct, N Flagler Dr, SE 22nd Ave$1,133
NE 57th St, NW 22nd Ave, NE 59th St, NE 27th Way, SW 27th Way, Pine Ave, NE 54th Ct, Marina Blvd, Snyder Park Rd, Port Royale Blvd$1,231
SE 18th St, Auburn Blvd, Flamingo Ln, NW 20th Ter, Poinsettia St, SW 4th Dr, SE 7th Ave, Belmar St, Middlesex Dr, Floranada Rd$1,237
Jackson Blvd, NW 19th Way, NW 1st Ln, Thomas Way, NW 9th Ln, SW 12th Ter, NE 9th Ct, Brickell Ave, Iroquis Ave, SW 10th Ter$1,165

Insurance rates are influenced by a number of factors including:

  • Year Built: 40,751 Homes (26% of total homes ) built between 1970 to 1979 in Fort Lauderdale are paying home insurance between $1,938-$1,956. Places close to Fort Lauderdale, FL such as Wilton Manors, Sea Ranch Lakes, Lauderdale-by-the-Sea are more expensive by $44, $529, $219 respectively while Oakland Park and Franklin Park are cheaper by $46 and $117 respectively for similar homes.
  • Bedrooms: 30,925 1 bedroom homes (20% of total homes ) in Fort Lauderdale are paying about $658. Areas near to Fort Lauderdale such as Wilton Manors, Lazy Lake, Sea Ranch Lakes are costlier by $27, $177, $179 respectively whereas Oakland Park and Roosevelt Gardens are more economical by $4, $12 respectively for similar homes.
  • Auto Insurance Bundling: 25,260 Households (37% of all households) in Fort Lauderdale have 2 vehicles available and when it is bundled with home insurance you can save $239. Discounts for similar bundling in close by locations such as Wilton Manors, Lazy Lake, Oakland Park come to $244, $303, $233 respectively.
  • Senior Discounts: 38,076 seniors (more than 55 years) occupied housing units (55% of total) in Fort Lauderdale get discounts between $178 to $181. The comparative concessions in proximate regions such as Wilton Manors, Lazy Lake and Oakland Park are $183, $227 and $175 respectively.
  • New Homes discounts: New homes such as the 51,743 homes built between 2000 to 2009 in Fort Lauderdale can save $239 and differs from Wilton Manors ($244), Lazy Lake ($303), Oakland Park ($233).

Fort Lauderdale Homeowners insurance Facts

  • Fort Lauderdale, FL has 68,252 owner occupied houses which is 57.2% of all units whereas Wilton Manors, Lazy Lake and Oakland Park have 50.28%, 60.0% and 59.45% respectively.
  • Fort Lauderdale, FL homeowners yearly insurance price at $1,195 is 0.58% of the typical house value of $207,600 which is in contrast with 0.48% in Wilton Manors, 0.2% at Lazy Lake & 0.73% in Oakland Park.
  • Homeowners in Fort Lauderdale, FL pay 1.59% of their income ($75,000 or more) in insurance whereas homeowners in Wilton Manors, Lazy Lake and Oakland Park pay 1.63%, 2.02% and 1.56% respectively.
  • Fort Lauderdale, FL’s insurance is 5.5% of monthly housing costs of $1,819/month, for owners with a mortgage compared to 4.97% in Wilton Manors, 3.16% at Lazy Lake & 6.39% in Oakland Park. But, for households without a mortgage, insurance is 15.9% of costs ($626 in Fort Lauderdale, FL) in contrast with 20.66% in Wilton Manors, 12.64% at Lazy Lake & 21.23% in Oakland Park.

Fort Lauderdale, FL Home Values & Insurance rates

For example, insurance for 1,628 Homes (2.0% of total homes ) valued between $60,000 to $69,999 in Fort Lauderdale, FL is about $370. Rates in nearby areas in such as Wilton Manors, Lighthouse Point, Hillsboro Beach are cheaper by $65, $152, $140 respectively while Oakland Park and Roosevelt Gardens are costlier by $96 and $64 respectively for similar homes.

Fort Lauderdale, FL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 3,944 7.0% $143
$50,000 to $59,999 1,615 2.0% $298
$60,000 to $69,999 1,628 2.0% $370
$70,000 to $79,999 1,583 2.0% $430
$80,000 to $89,999 2,125 3.0% $478
$90,000 to $99,999 1,520 2.0% $537
$100,000 to $124,999 5,795 10.0% $621
$125,000 to $149,999 3,858 7.0% $788
$150,000 to $174,999 6,594 12.0% $932
$175,000 to $199,999 4,276 7.0% $1075
$200,000 to $249,999 7,865 14.0% $1290
$250,000 to $299,999 6,049 11.0% $1577
$300,000 to $399,999 7,781 14.0% $2007

Renters Insurance in Fort Lauderdale

  • Average Renters Insurance in Fort Lauderdale :  $123($10/month)

  • Median Gross Rent in Fort Lauderdale :  $1,051

  • Fort Lauderdale Renters Insurance to Median Rent Ratio:  0.95%

  • Average household size of renter-occupied unit :  2.34

Fort Lauderdale Renters Insurance as a Percentage of Rent

Fort Lauderdale Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 753 1.0% $780
$300 to $499 1,386 2.0% $1230
$500 to $749 4,772 9.0% $1905
$750 to $999 15,015 30.0% $2655
$1,000 to $1,499 17,983 36.0% $3780
$1,500 or more 9,173 18.0% $5430

Rent Affordability in Fort Lauderdale:

Approximately 53.0% (27,184) of households are spending more than 35% of their income on gross rent in Fort Lauderdale

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 3,993 7.0%
15.0 to 19.9 percent 4,936 9.0%
20.0 to 24.9 percent 5,418 10.0%
25.0 to 29.9 percent 5,242 10.0%
30.0 to 34.9 percent 4,269 8.0%
35.0 percent or more 27,184 53.0%

Fort Lauderdale Renters Insurance Discounts:

Fort Lauderdale Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Fort Lauderdale, FL Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 28,893 56.0% $12.3
2 vehicles available 11,487 22.0% $18.45
3 or more vehicles available 2,130 4.0% $24.6

Protective device discount in Fort Lauderdale Up to :  $18

Claims-free discount in Fort Lauderdale Up to :  $24