Bradenton ,FL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Bradenton, FL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Bradenton, FL is $1964. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Bradenton, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Bradenton, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $786 |
| $200,000 | $1,336 |
| $300,000 | $1,650 |
| $400,000 | $2,514 |
| $500,000 | $3,162 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Bradenton, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,014 |
| $1000 Deductible | $1,801 |
| $1500 Deductible | $1,699 |
| $2500 Deductible | $1,532 |
| $5000 Deductible | $1,296 |
| Home Insurance Company Near Bradenton, FL | Homeowners Insurance Agency Near Bradenton, FL | Address |
|---|---|---|
| NA | Moore Capital Ventures Inc. Dba Moore Resources | 4763 Central Ave Saint Petersburg, St. Petersburg, FL, 33713 |
| Travelers | Acg South Insurance Agency Llc | 6210 MANATEE AVE W, BRADENTON, FL, 34209 |
| State Farm | Katherine Jones | 575 S Hercules Ave Ste 604, Clearwater, FL, 33764-6345 |
| Travelers | Laake Financial Services Inc | 1070 KAPP DR, CLEARWATER, FL, 33765 |
| Liberty Mutual Independent | Tampa Bay Insurance Llc | 2402 Merchant Ave , Odessa, FL, 33556 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| West Bradenton CDP, Florida | $147 | $196 | $294 |
| South Bradenton CDP, Florida | $139 | $185 | $278 |
| Cortez CDP, Florida | $146 | $195 | $292 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bradenton, FL | 6.5% | 19.9% |
| West Bradenton | 6.64% | 19.54% |
| South Bradenton | 8.65% | 26.83% |
| Cortez | 5.32% | 18.14% |
| Bradenton Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 301 | 1.0% | $338 |
| $300 to $499 | 1,363 | 4.0% | $1238 |
| $500 to $749 | 5,976 | 20.0% | $1913 |
| $750 to $999 | 10,224 | 34.0% | $2663 |
| $1,000 to $1,499 | 7,840 | 26.0% | $3788 |
| $1,500 or more | 3,393 | 11.0% | $5438 |
| Streets in Bradenton Area | Homeowners Insurance Cost |
|---|---|
| Harbor Cir, Broad River Run, Pussywillow Ln, 41st St NE, Clemson St, Heron Dr, Fairway Ln, Rutgers Ave, Pelican Dr, 50th Ct W | $1,098 |
| 73rd Pl E, Magellan Dr, 38th St W, Seminole Dr, 2nd Avenue Cir W, Trinity Cir, 57th Ter W, Caladesia Dr, Chauncey Ave E, Burma Ct | $1,133 |
| Magnolia Way, Lantern Ct, Palm Aire Ln, Lois Ave, 61st Dr E, Ave Q, S Michael Dr, 28th Street Ct E, 6th Ln, Prospect Rd | $1,224 |
| 66th Street Ct E, Sycamore Ave, 87th St NW, Suponic Ave, Bay Side Dr, Oak Ave, 41st Avenue Dr E, 52nd Avenue Dr E, Archer Way, 28th Ct E | $1,344 |
| 12th Ave NW, Tarpon St, 119th St W, 63rd Ter E, Palmetto Cir, 41st Street Cir E, E Ave W, Robbie Way, Shepherd St, 16th Cir NW | $1,165 |
| 51st Blvd E, Crane Dr, Driftwood Ln, 72nd Ct E, 16th Ave NW, 20th Ave NW, 50th Street Ct W, Garden Ln, Gardenia Ln, 92nd St NW | $1,258 |
| Nassau Rd, 36th St NE, Gulf Dr S, Cypress Rd, 36th St, Marina Isle Ln, Paradiso Dr, Hague Dr, 17th Street Cir E, Bristol Bay Dr | $1,157 |
| 19th Ln E, 17th Dr NW, 58th St, W Peninsular Ter, Cedar St, Harvard Ave, Ave A, 71st St W, St James Xing, 65th St NE | $1,293 |
| 38th St W, 72nd Street Cir W, 56th Avenue Plz W, Cypress Lake Cir, Whitfield Industrial Ave, Lancaster Ct, Marbury Ln, 34th St E, Riverview Ln, Grand Point Ave | $1,298 |
| Whitebridge Glen, 9th Ave NW, 8th Ter NW, Spanish Dr, 61st Avenue Ter W, 25th St N, G Ave E, 83rd St, 76th Ave E, Prospect Rd | $1,283 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Bradenton | $174 to $177 |
| West Bradenton | $176 |
| South Bradenton | $167 |
| Cortez | $175 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | Southern Fidelity Insurance | $2,250 |
| 150,000 | 27 | NO | Southern Oak Insurance | $3,029 |
| 150,000 | 27 | NO | Tower Hill Prime Insurance | $2,602 |
| 150,000 | 27 | NO | Universal Insurance | $3,111 |
| 150,000 | 27 | YES | Castle Key Indemnity Company Insurance | $1,562 |
| 150,000 | 27 | YES | Citizens Property Insurance | $1,032 |
| 150,000 | 27 | YES | Federated National Insurance | $1,197 |
| 150,000 | 27 | YES | First Community Insurance | $1,536 |
| 150,000 | 27 | YES | Florida Peninsula Insurance | $1,400 |
| 150,000 | 27 | YES | Stillwater Property And Casualty Insurance | $1,341 |
| 150,000 | 27 | YES | Tower Hill Signature Insurance | $1,691 |
| 300,000 | 12 | NA | Asi Preferred Insurance | $2,092 |
| 300,000 | 12 | NA | Castle Key Indemnity Company Insurance | $2,681 |
| 300,000 | 12 | NA | Southern Oak Insurance | $3,010 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,100 | $4,100 |
| Yearly Bradenton Homeowner Insurance Premium Example | $2,800 | $2,300 |
| Out of Pocket Expense During Claim | $1,100 | $4,100 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $20,700 | $20,200 |
| Net Savings to Bradenton Home Owner from High Deductible Plan | $500 | |
| Scenario | Bradenton, FL Home Replacement Value MORE than Home Value | Bradenton, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $203,000 | $118,000 |
| Insurance Premium based on Replacement Value | $4,325 | $2,525 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $48,500 | Risk Exposure from Under Insuring Coverage is $36,500 |
| Premium Impact | Insurance cheaper by $775/year | Insurance costlier by $1,025/year |
| Insurance Company | Liberty Mutual | Travelers | Chubb Group of Insurance |
| Monthly Premium | 144 | 215 | 306 |
| Year Built | 2011 | 1975 | 1998 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $125000-$150000 | $125000-$150000 | $175000-$200000 |
| Deductible | $2500-$5000 Deductible | $500- $1000 Deductible | $500 Deductible |