Pompano Beach Insurance Rates:

Pompano Beach, FL home insurance is nearly $990 to $1,345, about $82-$112/month. Our thorough analysis indicates shoppers can save upto $466 by getting many quotes

Compare Quotes from Top Providers and Save now!

Read about other Pompano Beach, Florida homeowners who got the best deal on home insurance. Compare prices from the same providers and get your great deal.

Pompano Beach Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Travelers
Home Insurance Rate of $260/1 month for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 1230 sqft Seasonal Residence Constructed In 1996 with Stone Flooring, Tile Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $1300/7 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 1560 sqft Rental Property Constructed In 1975 with Carpet Flooring, Asphalt Shingles Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Fire Extinguisher, Deadbolt Locks, Smoke Alarm, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

47 Years old Divorced Male who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Guests at home

Home Insurance Rate of $1010/5 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $125,000

3 Beds, 3 Bath 1280 sqft Vacation Property Constructed In 1982 with Carpet over wood flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Central Air Conditioning, Smoke Alarm, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

68 Years old Married Male who is Unemployed with household income of less than $25,000 and has No 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 $850/3 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $255,000

4 Beds, 4 Baths 2630 sqft Rental Property Constructed In 1968 with Hardwood Flooring, Wood Shake Roof, Chainwall Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $330/1 month for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $280,000

4 Beds, 4 Baths 3300 sqft Vacation Property Constructed In 1983 with Wood Flooring, Slate Shingles Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Fire Extinguisher, Deadbolt Locks, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

39 Years old Divorced Female who has a Full Time Job with household income of more than $150,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $1160/7 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $100,000

2 Beds, 2 Bath 1290 sqft Primary Residence Constructed In 1966 with Hardwood Flooring, Composition Roof, Slab Foundation, Stucco siding, Brick Frame. Home Features Include Fireplace, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

26 Years old Married Male who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Smoker

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

  • 550-599 Credit Score

Home Insurance Rate of $1930/5 months for $200,000-$250,000 Coverage
Policy Holder Home Details :

Home Value : $220,000

3 Beds, 3 Baths 1925 sqft Primary Residence Constructed In 1958 with Stone Flooring, Composition Roof, Crawl Space Foundation, Stone Siding, Wood Frame. Home Features Include Swimming Pool, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

69 Years old Married Female who is a Freelancer with household income of more than $150,000 and has No Pets and is a Non-Smoker

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

  • 600-649 Credit Score

Pompano Beach, FL Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
33076 $412,000 $1,340
33071 $302,500 $1,270
33062 $289,800 $1,270
33073 $251,400 $1,250
33060 $181,500 $1,200
33068 $142,800 $1,160
33069 $141,900 $1,170

Pompano Beach Rates & Quotes Analysis:

Pompano Beach Area Estimated House Insurance
E McNab Rd, N Riverside Dr, SE 21st Ave, NW 7th Ter W, Race Track Rd, S Palm Aire Dr, Atlantic Blvd Exd, NE 31st Ct, SE 7th Dr, NE 23rd Pl$1,148
Victoria Dr, Avondale Dr, Terra Mar Dr, Wood Ln, Martinique Cir, Oceanwalk Ter, NW 17th Ln, Oceanwalk Ter, Glenwood Dr, Briny Ave$1,251
Blanch Ely Ave, NW 16th Pl, SE 17th Ct, SE 4th Ter, Ocean Bay Club Dr, Granada Dr, Barton Rd, SE 13th Ct, SE 8th Ct, SE 15th Ct$1,251
Nassau Bend, Dow St, E Terra Mar Dr, S Ocean Walk Ln, Wynmoor Rd N, Park Central Blvd N, NW 7th Ter E, E Copans Rd, Cedarhill Rd, SE 7th Ave$1,264
NW 40th Ter, NE 23rd Pl, Ocean Bay Club Dr, Mallard Close, Walkway Aly, Edgewood Dr, Caddie Ct, Birdie Ln, Antigua Ter, Lake Dr$1,126

Insurance rates are influenced by a number of factors including:

  • Year Built: 13,983 Homes (22% of total) built between 1960 to 1969 in Pompano Beach are paying home insurance between $2,043-$2,061 and differs from Sea Ranch Lakes (+$621), Lighthouse Point (+$210), Lauderdale-by-the-Sea (+$286), Margate (-$29) and North Lauderdale (-$33).
  • Bedrooms: 12,667 3 bedrooms homes (20% of total homes ) in Pompano Beach are paying about $864. Areas near to Pompano Beach such as Sea Ranch Lakes, Lighthouse Point, Lauderdale-by-the-Sea are costlier by $262, $75, $121 respectively whereas Margate and North Lauderdale are more economical by $13, $15 respectively for similar homes.
  • Auto Insurance Bundling: 9,443 Households (32% of all households) in Pompano Beach have 2 vehicles available and when it is bundled with home insurance you can save $233. Discounts for similar bundling in close by locations such as Sea Ranch Lakes, Lighthouse Point, Lauderdale-by-the-Sea come to $304, $257, $266 respectively.
  • Senior Discounts: 18,613 seniors (more than 55 years) occupied housing units (64% of total) in Pompano Beach get discounts between $174 to $177. The comparative concessions in proximate regions such as Sea Ranch Lakes, Lighthouse Point and Lauderdale-by-the-Sea are $228, $192 and $199 respectively.
  • New Homes discounts: New homes such as the 15,898 homes built between 2000 to 2009 in Pompano Beach can save $233 and similar new home insurance discounts in nearby towns and cities like Sea Ranch Lakes, Lighthouse Point and Lauderdale-by-the-Sea are $304, $257 and $266 respectively.

Pompano Beach Homeowners insurance Facts

  • Pompano Beach, FL has 28,950 owner occupied houses which is 63.8% of all units whereas Sea Ranch Lakes, Lighthouse Point and Lauderdale-by-the-Sea have 96.41%, 78.52% and 70.04% respectively.
  • Pompano Beach, FL homeowners yearly insurance price at $1,167 is 0.73% of the typical house value of $160,700 which is in contrast with 0.2% in Sea Ranch Lakes, 0.36% at Lighthouse Point & 0.31% in Lauderdale-by-the-Sea.
  • Homeowners in Pompano Beach, FL pay 6.67% of their income ($15,000 to $19,999) in insurance whereas homeowners in Sea Ranch Lakes, Lighthouse Point and Lauderdale-by-the-Sea pay 8.69%, 7.35% and 7.6% respectively.
  • Pompano Beach, FL’s insurance is 5.8% of monthly housing costs of $1,669/month, for owners with a mortgage compared to 3.17% in Sea Ranch Lakes, 4.03% at Lighthouse Point & 4.52% in Lauderdale-by-the-Sea. But, for households without a mortgage, insurance is 16.6% of costs ($586 in Pompano Beach, FL) in contrast with 12.66% in Sea Ranch Lakes, 14.38% at Lighthouse Point & 11.07% in Lauderdale-by-the-Sea.

Pompano Beach, FL Home Values & Insurance rates

For example, insurance for 2,228 Homes (8.0% of total homes ) valued between Less than $50,000 in Pompano Beach, FL is about $175. Rates in nearby areas in such as Lighthouse Point, Lauderdale-by-the-Sea, Hillsboro Beach are cheaper by $98, $109, $86 respectively while Coconut Creek and Margate are costlier by $11 and $43 respectively for similar homes.

Pompano Beach, FL Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,228 8.0% $175
$50,000 to $59,999 1,093 4.0% $373
$60,000 to $69,999 1,465 5.0% $466
$70,000 to $79,999 1,448 5.0% $536
$80,000 to $89,999 1,160 4.0% $606
$90,000 to $99,999 1,038 4.0% $688
$100,000 to $124,999 3,170 12.0% $793
$125,000 to $149,999 1,843 7.0% $991
$150,000 to $174,999 2,436 9.0% $1178
$175,000 to $199,999 1,937 7.0% $1353
$200,000 to $249,999 2,629 10.0% $1633
$250,000 to $299,999 2,222 8.0% $1995
$300,000 to $399,999 2,313 9.0% $2532

Renters Insurance in Pompano Beach

  • Average Renters Insurance in Pompano Beach :  $152($12/month)

  • Median Gross Rent in Pompano Beach :  $1,027

  • Pompano Beach Renters Insurance to Median Rent Ratio:  1.17%

  • Renter occupied housing units in Pompano Beach :  16,449

Pompano Beach Renters Insurance as a Percentage of Rent

Pompano Beach Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 158 1.0% $788
$300 to $499 392 2.0% $1238
$500 to $749 1,835 11.0% $1913
$750 to $999 4,842 31.0% $2663
$1,000 to $1,499 5,347 34.0% $3788
$1,500 or more 2,759 17.0% $5438

Rent Affordability in Pompano Beach:

Approximately 61.0% (10,118) of households are spending more than 35% of their income on gross rent in Pompano Beach

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 784 4.0%
15.0 to 19.9 percent 1,365 8.0%
20.0 to 24.9 percent 1,243 7.0%
25.0 to 29.9 percent 1,480 8.0%
30.0 to 34.9 percent 1,459 8.0%
35.0 percent or more 10,118 61.0%

Protective device discount in Pompano Beach Up to :  $22

Claims-free discount in Pompano Beach Up to :  $30