Lake Worth Insurance Rates:

Lake Worth, FL home insurance is roughly $971 to $1,318, about $80-$109/month. Our exhaustive analysis indicates shoppers can save upto $458 by comparing multiple quotes

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Lake Worth, Florida Homeowners Insurance Reviews separate fact from fiction. Compare realistic quotes from the best home insurance providers.

Lake Worth Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Travelers
Home Insurance Rate of $1270/5 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $130,000

3 Beds, 3 Bath 1530 sqft Vacation Property Constructed In 1988 with Ceramic Tile Flooring, Wood Shake Roof, Crawl Space Foundation, Stucco siding, Wood Frame. Home Features Include Fireplace, Fire Extinguisher, Indoor Sprinklers, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

33 Years old Divorced Female who has a Full Time Job with household income of more than $150,000 and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $470/3 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $115,000

2 Beds, 2 Bath 1460 sqft Primary Residence Constructed In 1979 with Linoleum, Tile Roof, Crawl Space Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

49 Years old Single Female who has a Full Time Job with household income of less than $25,000 and has 3 Pets and is a Smoker

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

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $2220/10 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $120,000

3 Beds, 3 Bath 1320 sqft Primary Residence Constructed In 1976 with Ceramic Tile Flooring, Slate Shingles Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Indoor Sprinklers, Smoke Alarm, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

64 Years old Single Female who has a Full Time Job with household income of $100-$150,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $1430/9 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $115,000

2 Beds, 2 Bath 1045 sqft Rental Property Constructed In 1972 with Hardwood Flooring, Wood Shake Roof, Crawl Space Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Swimming Pool, Copper Water Pipes, Deadbolt Locks, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

33 Years old Married Female who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

Lake Worth, FL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
33467 $241,400 $1,230
33460 $157,100 $1,180
33461 $106,800 $1,150

Lake Worth Rates & Quotes Analysis:

Lake Worth Area Estimated House Insurance
Hammock Ct, Plumage Ln, S H St, Emerald Sky Ln, Centurian Way, 47th Ct S, Tall Cypress Cir, Irene Ave, Jackson Dr, Tangelo Ave$1,112
42nd Ave S, Herndon Dr, E Mountain Dr, Nicia Way, Faith St, Florida St, Carandis Rd, Marshall Rd, Lucerne Lakes Blvd W, Saint Barbara St$1,141
Erika Pl, Julie Tonia Dr, Villa Dr S, E Dolphin Ridge Rd, Soundings Ct, 2nd Ave S, Landings Run, Venus Ave, S Margaret Ct, Diamond Ln$1,147
Violet Ave, Herbertz Rd, Edgewater Ter, Cedarcrest Rd, Pioneer Rd, W Browning Dr, Forest Rd, Colonial Blvd, 5th Ave N, 14th Ave S$1,142
S Eric Cir, Starblaze Dr, Oak View Ln, Cll del Rosa, S East Coast St, Plumosa St, Canal Dr, Chase Ct, Woods Bend Rd, Valley Way$1,161
Barnett Dr, Seaside Dr, 16th Pl S, Pine Lake Ct, N L St, Via Palma, Daphne Dr, Dudley Dr E, Akron Rd, Bonnie Dr$1,136
Mil-Pond Ct, Mil-Lake Cir, Lee Ct, Miss Piney Rd, Lee Dr, Collinwood Ln, N Margaret Ct, Sedgewick Ct, 10th Ave S, Woodstone Cir W$1,150
Blue Stone Ln, Starkeys Pl, Holiday Dr, Dorothea Dr, Pretty Ln, Thompson Way, Wenhart Rd, W Chandler Rd, Lone Pine Way, Dudley Dr W$1,120
Taylor Rd, Jaczko Ln, Roy Dr, Pineway Ter, Garand Ln, Evelyn Ct, Louis Dr, Coconut Dr, 56th Ter S, Wash Rd$1,140
Susan Ct, Bresee Rd, Nanette Ct, Blue Baneberry Ln, Cotswold Hills Dr, S Palmway, N Olive Ave, Dell Ave, S Price St, Santa Fe Rd$1,145

Insurance rates are influenced by a number of factors including:

  • Year Built: 23,403 Homes (25% of total) built between 1970 to 1979 in Lake Worth are paying home insurance between $1,857-$1,874 compared to Lakewood Gardens (+$26), Lake Clarke Shores (+$150), Atlantis (+$184), Palm Springs (-$15) and Acacia Villas (-$87).
  • Bedrooms: 42,768 2 bedrooms homes (47% of total homes ) in Lake Worth are paying about $665. Areas near to Lake Worth such as Lakewood Gardens, Lake Clarke Shores, Atlantis are costlier by $9, $54, $66 respectively whereas Palm Springs and Acacia Villas are more economical by $6, $9 respectively for similar homes.
  • Auto Insurance Bundling: 6,869 Households (14% of all households) in Lake Worth have 3 or more vehicles available and when it is bundled with home insurance you can save $286 and differs from Lakewood Gardens ($290), Palm Springs ($284), Kenwood Estates ($286).
  • Senior Discounts: 25,816 seniors (more than 55 years) occupied housing units (54% of total) in Lake Worth get discounts between $171 to $174. The comparative concessions in proximate regions such as Lakewood Gardens, Palm Springs and Kenwood Estates are $174, $170 and $171 respectively.
  • New Homes discounts: New homes such as the 24,916 homes built between 2000 to 2009 in Lake Worth can save $229 and similar new home insurance discounts in nearby towns and cities like Lakewood Gardens, Palm Springs and Kenwood Estates are $232, $227 and $229 respectively.

Lake Worth Homeowners insurance Facts

  • Lake Worth, FL has 47,577 owner occupied houses which is 65.3% of all units whereas Lakewood Gardens, Palm Springs and Kenwood Estates have 43.14%, 56.24% and 55.0% respectively.
  • Lake Worth, FL homeowners yearly insurance price at $1,145 is 0.93% of the typical house value of $123,000 which is in contrast with 0.77% in Lakewood Gardens, 1.05% at Palm Springs & 0.94% in Kenwood Estates.
  • Homeowners in Lake Worth, FL pay 2.08% of their income ($50,000 to $59,999) in insurance whereas homeowners in Lakewood Gardens, Palm Springs and Kenwood Estates pay 2.11%, 2.07% and 2.08% respectively.
  • Lake Worth, FL’s insurance is 6.6% of monthly housing costs of $1,452/month, for owners with a mortgage compared to 7.32% in Lakewood Gardens, 7.01% at Palm Springs & 7.0% in Kenwood Estates. But, for households without a mortgage, insurance is 20.3% of costs ($470 in Lake Worth, FL) in contrast with 25.6% in Lakewood Gardens, 25.24% at Palm Springs & 28.23% in Kenwood Estates.

Lake Worth, FL Home Values & Insurance rates

For example, insurance for 4,614 Homes (10.0% of total homes ) valued between $100,000 to $124,999 in Lake Worth, FL is about $1,019. Rates in nearby areas in such as Lakewood Gardens, Lake Clarke Shores, Atlantis are cheaper by $184, $537, $591 respectively while Palm Springs and Kenwood Estates are costlier by $128 and $11 respectively for similar homes.

Lake Worth, FL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 7,280 16.0% $229
$50,000 to $59,999 2,420 5.0% $480
$60,000 to $69,999 2,671 5.0% $595
$70,000 to $79,999 2,765 6.0% $687
$80,000 to $89,999 2,473 5.0% $790
$90,000 to $99,999 1,931 4.0% $881
$100,000 to $124,999 4,614 10.0% $1019
$125,000 to $149,999 3,638 8.0% $1270
$150,000 to $174,999 4,528 10.0% $1511
$175,000 to $199,999 2,484 5.0% $1740
$200,000 to $249,999 4,770 10.0% $2095
$250,000 to $299,999 2,811 6.0% $2553
$300,000 to $399,999 2,784 6.0% $3251

Renters Insurance in Lake Worth

  • Average Renters Insurance in Lake Worth :  $177($14/month)

  • Median Gross Rent in Lake Worth :  $1,045

  • Lake Worth Renters Insurance to Median Rent Ratio:  1.34%

  • Renter occupied housing units in Lake Worth :  25,335

Lake Worth Renters Insurance as a Percentage of Rent

Lake Worth Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 339 1.0% $794
$300 to $499 458 1.0% $1244
$500 to $749 2,907 11.0% $1919
$750 to $999 7,155 29.0% $2669
$1,000 to $1,499 10,725 43.0% $3794
$1,500 or more 2,843 11.0% $5444

Rent Affordability in Lake Worth:

Approximately 56.0% (14,405) of households are spending more than 35% of their income on gross rent in Lake Worth

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,344 5.0%
15.0 to 19.9 percent 1,881 7.0%
20.0 to 24.9 percent 2,435 9.0%
25.0 to 29.9 percent 2,783 10.0%
30.0 to 34.9 percent 2,487 9.0%
35.0 percent or more 14,405 56.0%

Lake Worth Renters Insurance Discounts:

Lake Worth Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Lake Worth, FL Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 12,566 49.0% $17.7
2 vehicles available 7,047 27.0% $26.55
3 or more vehicles available 1,785 7.0% $35.4

Protective device discount in Lake Worth Up to :  $26

Claims-free discount in Lake Worth Up to :  $35