Deerfield Beach ,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 Deerfield Beach, 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 Deerfield Beach, FL is $2059. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Deerfield Beach, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Deerfield Beach, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $824 |
| $200,000 | $1,400 |
| $300,000 | $1,730 |
| $400,000 | $2,636 |
| $500,000 | $3,315 |
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 Deerfield Beach, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,111 |
| $1000 Deductible | $1,888 |
| $1500 Deductible | $1,781 |
| $2500 Deductible | $1,606 |
| $5000 Deductible | $1,359 |
| Home Insurance Company Near Deerfield Beach, FL | Homeowners Insurance Agency Near Deerfield Beach, FL | Address |
|---|---|---|
| Allstate | Maritza Arce | 15295 Nw 60Th Ave Ste 100, Miami Lakes, FL, 33014 |
| NA | Pmh Insurance & Financial Services, Inc. | 801 Northpoint Pkwy Ste 30 West Palm Beach, West Palm Beach, FL, 33407 |
| NA | We Insure Florida, Inc. | 15200 Jog Rd Ste D1 , Delray Beach, FL, 33446 |
| Liberty Mutual Independent | Bogani & Christiano Llc | 9100 BELVEDERE RD STE 207, ROYAL PALM BEACH, FL, 33411 |
| Allstate | Deborah Marcus | 13802 N Kendall Dr, Miami, FL, 33186 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Coconut Creek city, Florida | $146 | $194 | $291 |
| Hillsboro Pines CDP, Florida | $153 | $203 | $305 |
| Lighthouse Point city, Florida | $161 | $214 | $321 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Deerfield Beach, FL | 4.8% | 18.3% |
| Coconut Creek | 5.47% | 15.62% |
| Lighthouse Point | 4.03% | 14.38% |
| Watergate | 7.05% | 33.69% |
| Deerfield Beach Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 330 | 1.0% | $776 |
| $300 to $499 | 450 | 2.0% | $1226 |
| $500 to $749 | 689 | 3.0% | $1901 |
| $750 to $999 | 2,711 | 15.0% | $2651 |
| $1,000 to $1,499 | 8,358 | 46.0% | $3776 |
| $1,500 or more | 5,457 | 30.0% | $5426 |
| Streets in Deerfield Beach Area | Homeowners Insurance Cost |
|---|---|
| Durham C, Westbury B, SE 13th Ct, 66th Ln, NW 60th Dr, Lakes Dr, NW 114th Dr, Pebblestone Ln, Harwood G, NW 43rd Way | $1,108 |
| NW 124th Way, NW 47th Way, SE 3rd Pl, Markham Ct, Deer Creek Edgewater Dr, Republic Dr, NW 105th Dr, NW 55th Dr, Harwood I, SE 13th Dr | $1,151 |
| NW 124th Ter, Ventnor K, Wyndham Lakes Blvd S, Holmberg Rd, Discovery Cir W, Orchid Ct, Hialeah Ln, The Winners Cir, SE 9th Ter, NW 53rd Ave | $1,429 |
| Cambridge F, NW 126th Dr, NW 123 Ter, Tilford X, SW Natura Blvd, N Shore Dr, Markham N, NW 64th St, NW 47th Dr, NW 57th Ave | $1,108 |
| NE 47th Pl, NW 47th Way, Yellowstone Ln, NW 96th Dr, NW 43rd Way, NW 40th Way, NW 78th Manor, Monarch Ln, Green Rd, 54th Pl | $1,238 |
| Parkside Dr, Upminster Dr, NW 77th Ct, Belmont Ln, Skylark Ln, Durham T, Woodlake Ln, NE 53rd St, Trotters Ln, Suffolk Ln | $1,442 |
| NW 67th Pl, NW 62nd Ct, Ginger Ct, Richmond D, 62nd Way, Farnham G, Cambridge G, NE River Dr, NW 47th Pl, Tilford Cres | $1,106 |
| Emerald Way N, Lake Tern Ln, NW 66th Pl, NE 36th Ct, Deer Creek Alba Way, NW 63rd Ct, Cresent Creek St, N Deerfield Ave, Lox Rd, NW 61st Driveee | $1,139 |
| Regency Lakes Dr, NW 70th Manor, Valencia Dr, SW 48th Ter, Ave of the Lakes, Jasmine Ln, NW 58th Way, NW 60th Ln, Newport A, SW 24th Ter | $1,138 |
| Lox Rd, NW 102nd Dr, Lob Lolly Ln, Swans Ter, Stratford Dr, S Woodridge Dr, Coral Point Way, Richmond Cres, NW 48th Dr, SW 10th Dr | $1,435 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Deerfield Beach | $181 to $184 |
| Coconut Creek | $174 |
| Hillsboro Pines | $183 |
| Lighthouse Point | $192 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | Florida Family Insurance | $3,789 |
| 150,000 | 27 | NO | Tower Hill Preferred Insurance | $5,490 |
| 150,000 | 27 | NO | Universal Insurance | $6,883 |
| 150,000 | 27 | NO | Universal Property & Casualty Insurance | $6,410 |
| 150,000 | 27 | YES | Liberty Mutual Fire Insurance | $2,171 |
| 150,000 | 27 | YES | Security First Insurance | $2,174 |
| 300,000 | 12 | NA | Citizens Property Insurance | $3,176 |
| 300,000 | 12 | NA | Liberty Mutual Fire Insurance | $5,115 |
| 300,000 | 12 | NA | St. Johns Insurance | $4,437 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $900 | $3,900 |
| Yearly Deerfield Beach Homeowner Insurance Premium Example | $3,100 | $2,500 |
| Out of Pocket Expense During Claim | $900 | $3,900 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $25,700 | $23,900 |
| Net Savings to Deerfield Beach Home Owner from High Deductible Plan | $1,800 | |
| Scenario | Deerfield Beach, FL Home Replacement Value MORE than Home Value | Deerfield Beach, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $750,500 | $490,500 |
| Insurance Premium based on Replacement Value | $15,450 | $10,100 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $100,500 | Risk Exposure from Under Insuring Coverage is $159,500 |
| Premium Impact | Insurance cheaper by $3,275/year | Insurance costlier by $2,075/year |
| Insurance Company | Allstate | Liberty Mutual | Chubb Group of Insurance |
| Monthly Premium | 190 | 423 | 755 |
| Year Built | 1973 | 2009 | 1982 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $250000-$300000 | $400000-$500000 |
| Deductible | $2500-$5000 Deductible | $500 Deductible | $500- $1000 Deductible |