Cape Coral ,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 Cape Coral, 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 Cape Coral, FL is $1980. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Cape Coral, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Cape Coral, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $792 |
| $200,000 | $1,346 |
| $300,000 | $1,663 |
| $400,000 | $2,534 |
| $500,000 | $3,188 |
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 Cape Coral, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,030 |
| $1000 Deductible | $1,816 |
| $1500 Deductible | $1,713 |
| $2500 Deductible | $1,544 |
| $5000 Deductible | $1,307 |
| Home Insurance Company Near Cape Coral, FL | Homeowners Insurance Agency Near Cape Coral, FL | Address |
|---|---|---|
| Liberty Mutual Independent | Bb&T - Oswald Trippe & Co | 13515 BELL TOWER DR, FORT MYERS, FL, 33907 |
| Travelers | Great Florida Insurance - East Ft Myers | 4901 PALM BEACH BLVD STE 390, FT MYERS, FL, 33905 |
| Allstate | Ted Todd | 10676 Colonial Blvd Ste 20, Fort Myers, FL, 33913 |
| State Farm | Tim Collier | 1315 SE 47th Street, Cape Coral, FL, 33904-7604 |
| Travelers | Tropical Bay Insurance Llc | 395 Commercial Ct Ste C , Venice, FL, 34292 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Matlacha CDP, Florida | $159 | $212 | $318 |
| Lochmoor Waterway Estates CDP, Florida | $146 | $194 | $291 |
| Palmona Park CDP, Florida | $138 | $184 | $276 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Cape Coral, FL | 6.3% | 18.3% |
| Matlacha Isles-Matlacha Shores | 8.43% | 16.52% |
| Matlacha | 7.89% | 17.53% |
| Lochmoor Waterway Estates | 7.12% | 20.06% |
| Cape Coral Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 237 | 1.0% | $1239 |
| $500 to $749 | 1,780 | 11.0% | $1914 |
| $750 to $999 | 5,107 | 33.0% | $2664 |
| $1,000 to $1,499 | 6,322 | 41.0% | $3789 |
| $1,500 or more | 1,830 | 11.0% | $5439 |
| Streets in Cape Coral Area | Homeowners Insurance Cost |
|---|---|
| Sunset Cir, SW 41st St, Andalusia Blvd, SE 19th St, Elm Ct, SW 15th Ter, SE el Dorado Pkwy, SW 32nd Ln, NE 15th Ct, NE 4th St | $1,173 |
| NW 5th Ave, SE 20th Ave, SE 17th St, Green Valley Ct, SW 39th St, SW 22nd Ter, SE 1st Ave, SW 59th Ter, NE 7th Ter, SW 2nd Ct | $1,165 |
| Blackburn Ci, SW 31st Ter, SW 22nd Ln, SE 23rd Ter, NW 37th Pl, Sunset Ln, NW 9th Ave, NW 37th St, Willow Branch Dr, SW 40th Ter | $1,178 |
| NW 3rd St, SE 23rd Pl, NE 3rd Ave, SW 16th Pl, Harbour Cir, NE 13th Ave, NW 36th Ave, SW 17th St, Crooked Arrow Ct, Cocoa Ct | $1,161 |
| NW 13th Ave, SE Van Loon Ter, W Retunda Pkwy, SW 58th St, NW 12th Ln, Everest Pkwy, SW 4th Ln, SW 33rd Ave, NW 34th Ter, NW 7th Ter | $1,166 |
| SE 14th St, NE 44th St, SW 12th Ave, NE 29th Ter, Calusa Ct, NW 40th Ter, Laurentina Ln, NW 10th St, SW 6th St, NW 39th Ave | $1,216 |
| NW 7th Ave, SW 12th St, NW 20th Ave, NE 39th St, E Retunda Pkwy, NW 16th Ter, NW 20th Pl, Sunset Ct, SE 23rd Pl, SE 8th Ct | $1,123 |
| SW 15th Ave, Sunrise Ave, NE 3rd Ave, NW 14th St, SE 19th Ave, SE 5th St, St Jack Blvd, Concordia Lake Cir, SE 5th St, SW 23rd Ct | $1,120 |
| NE 2nd Pl, NW 39th St, NW 45th Ter, Seagull Ct, SE 21st Ct, SW 20th Ave, SW 53rd St, SE 38th Ter, Sandy Cir, NW 11th St | $1,208 |
| SE 43rd Ter, Ramble Dr, SE 30th Ln, Via Estrella, SW 58th Ter, NE 1st Ave, SW 35th Ter, la Paloma Blvd, SE 47th Ter, NW 19th St | $1,119 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Cape Coral | $174 to $176 |
| Matlacha Isles-Matlacha Shores | $184 |
| Matlacha | $190 |
| Lochmoor Waterway Estates | $174 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | American Traditions Insurance | $4,105 |
| 150,000 | 27 | NO | First Protective Insurance | $1,958 |
| 150,000 | 27 | YES | Auto Club Insurance | $2,276 |
| 150,000 | 27 | YES | Citizens Property Insurance | $949 |
| 150,000 | 27 | YES | Stillwater Property And Casualty Insurance | $1,513 |
| 150,000 | 27 | YES | Universal Property & Casualty Insurance | $1,669 |
| 300,000 | 12 | NA | Auto Club Insurance | $3,639 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Cape Coral Homeowner Insurance Premium Example | $12,400 | $12,200 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $99,700 | $99,100 |
| Net Savings to Cape Coral Home Owner from High Deductible Plan | $600 | |
| Scenario | Cape Coral, FL Home Replacement Value MORE than Home Value | Cape Coral, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $169,500 | $118,500 |
| Insurance Premium based on Replacement Value | $2,875 | $2,000 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $13,000 | Risk Exposure from Under Insuring Coverage is $38,000 |
| Premium Impact | Insurance cheaper by $650/year | Insurance costlier by $225/year |
| Insurance Company | Allstate | GEICO Insurance | Chubb Group of Insurance |
| Monthly Premium | 206 | 262 | 276 |
| Year Built | 2003 | 2012 | 1984 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 1 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $125000-$150000 | $175000-$200000 | $175000-$200000 |
| Deductible | $500- $1000 Deductible | $1000-$2500 Deductible | $500 Deductible |