Deerfield Beach, FL homeowners insurance is roughly $1,026 to $1,396, about $85-$116/month. Our comprehensive research shows customers can save as much as $484 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
The average cost of home insurance in Deerfield Beach, FL, is $2252. Homeowners insurance safeguards you and your home against covered perils, such as fire and wind damage. The price of a homeowners insurance policy depends on the value of your dwelling, the value of your personal belongings, deductible type, the materials used to construct the home, claims history, and more.
VHome, through its research, has examined these factors in detail.
Cost of insurance based on the coverage level in Deerfield Beach, FL
When choosing homeowners insurance coverage, homeowners can decide on their limits for each item. These include coverage for your residence and personal belongings, such as jewelry, electronic devices, and other valuables. You also can adjust the limits on liability and medical payments. For example, homeowners paying a coverage of $100K pay $801 on home insurance in Deerfield Beach, FL. Typically homeowners choose to pay coverage of $200K to $300K, which comes to $1575 and $3113, respectively, in Deerfield Beach, FL.
Cost of insurance based on the deductibles in Deerfield Beach, FL
Your home’s insurance deductible is the amount you agree to pay towards a claim in the event of an incident. Your deductible comes into play whenever you file a claim. The higher the deductible opted by the homeowner, the lower the premium on homeowners insurance in Deerfield Beach, FL. For example, homeowners who have opted for a low deductible of $500 pay $2225 on homeowners insurance in Deerfield Beach, FL. In contrast, homeowners who opted for a high deductible of $2500 pay $1617 on home insurance in Deerfield Beach, FL.
Cost of insurance based on the age of the home in Deerfield Beach, FL
As our homes age, they become more susceptible to damage and eventually may become dilapidated. The age of a building tells much about its condition and affects the coverage amount that an insurance company can provide. If an applicant lives in an existing building that is old and has already been renovated, it may be eligible for a specified amount of coverage with the policy designed for older homes. For example, homes older than 40 and 50 years pay $2311 and $2338, respectively, on home insurance in Deerfield Beach, FL. On the other hand, newly constructed homes are less prone to damage, and home insurance providers offer significant discounts to newly built homes. For instance, newly built homes in Deerfield Beach, FL, can get lower insurance of $1802.
Deerfield Beach, FL Home Value | Total Homes | % of Total | Average Deerfield Beach, FL Homeowners Insurance |
---|---|---|---|
Less than $50,000 | 4,747 | 12.0% | $121 |
$50,000 to $59,999 | 1,435 | 3.0% | $266 |
$60,000 to $69,999 | 1,231 | 3.0% | $326 |
$70,000 to $79,999 | 1,552 | 4.0% | $387 |
$80,000 to $89,999 | 1,335 | 3.0% | $435 |
$90,000 to $99,999 | 1,367 | 3.0% | $484 |
$100,000 to $124,999 | 2,904 | 7.0% | $568 |
$125,000 to $149,999 | 1,497 | 4.0% | $701 |
$150,000 to $174,999 | 2,480 | 6.0% | $834 |
$175,000 to $199,999 | 2,040 | 5.0% | $968 |
$200,000 to $249,999 | 4,999 | 13.0% | $1161 |
$250,000 to $299,999 | 4,613 | 12.0% | $1427 |
$300,000 to $399,999 | 6,842 | 18.0% | $1815 |
Home Insurance Company Near Deerfield Beach, FL | Homeowners Insurance Agency Near Deerfield Beach, FL | Address |
---|---|---|
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 |
Allstate | Maritza Arce | 15295 Nw 60Th Ave Ste 100, Miami Lakes, FL, 33014 |
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 |
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% | $5426 |
Home value ($) | 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 |
Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
---|---|---|---|---|---|---|---|---|---|
2005 | 580,000 | Wood Shake Roof | 4,450 | 5 | $500- $1000 Deductible | 9570 | 10 | Brick siding | No |
1994 | 160,000 | Membrane Roof | 1,400 | 3 | $5000 to $10,000 Deductible | 450 | 2 | Brick siding | No |
1978 | 105,000 | Asphalt Shingles Roof | 970 | 2 | $500 Deductible | 360 | 2 | Fiber-Cement Siding | No |
2006 | 565,000 | Shingles Roof | 3,900 | 5 | $500- $1000 Deductible | 4430 | 6 | Stone Siding | No |
2014 | 340,000 | Asphalt Shingles Roof | 2,850 | 4 | $5000 to $10,000 Deductible | 2000 | 6 | Stucco siding | No |
1971 | 200,000 | Slate Shingles Roof | 1,650 | 2 | $500 Deductible | 3420 | 12 | Stucco siding | No |
2001 | 605,000 | Tile Roof | 4,440 | 5 | $500- $1000 Deductible | 2350 | 2 | Fiber-Cement Siding | yes |
1979 | 270,000 | Metal Roof | 1,870 | 3 | $500 Deductible | 2270 | 5 | Fiber-Cement Siding | No |
1982 | 385,000 | Membrane Roof | 2,590 | 4 | $1000-$2500 Deductible | 3950 | 10 | Brick siding | yes |
2000 | 370,000 | Shingles Roof | 3,620 | 5 | $5000 to $10,000 Deductible | 2800 | 8 | Brick siding | No |
1973 | 120,000 | Shingles Roof | 980 | 2 | $2500-$5000 Deductible | 230 | 2 | Wood siding | No |
2011 | 135,000 | Slate Shingles Roof | 1,270 | 2 | $500- $1000 Deductible | 1030 | 5 | Stucco siding | yes |
2010 | 230,000 | Membrane Roof | 1,800 | 2 | $2500-$5000 Deductible | 710 | 2 | Brick siding | yes |
1982 | 205,000 | Tile Roof | 1,460 | 3 | $500 Deductible | 3950 | 10 | Wood siding | No |
1991 | 450,000 | Tile Roof | 3,180 | 5 | > $10,000 Deductible | 3590 | 12 | Fiber-Cement Siding | yes |
1996 | 315,000 | Shingles Roof | 2,540 | 5 | $5000 to $10,000 Deductible | 2050 | 7 | Wood siding | No |
1971 | 590,000 | Wood Shake Roof | 3,920 | 5 | $5000 to $10,000 Deductible | 1260 | 2 | Wood siding | yes |
1998 | 160,000 | Slate Shingles Roof | 1,220 | 2 | $2500-$5000 Deductible | 1780 | 12 | Stone Siding | No |
1980 | 230,000 | Metal Roof | 1,910 | 3 | $1000-$2500 Deductible | 1170 | 3 | Fiber-Cement Siding | No |
2012 | 275,000 | Shingles Roof | 2,380 | 3 | $5000 to $10,000 Deductible | 2250 | 7 | Stone Siding | No |
1984 | 260,000 | Shingles Roof | 1,910 | 3 | > $10,000 Deductible | 1270 | 5 | Wood siding | No |
1986 | 480,000 | Shingles Roof | 3,570 | 5 | > $10,000 Deductible | 3980 | 8 | Vinyl siding | No |
2001 | 225,000 | Metal Roof | 1,700 | 5 | $2500-$5000 Deductible | 1360 | 7 | Fiber-Cement Siding | No |
1972 | 190,000 | Composition Roof | 1,260 | 3 | $1000-$2500 Deductible | 2010 | 9 | Vinyl siding | No |
1982 | 335,000 | Asphalt Shingles Roof | 3,260 | 4 | $2500-$5000 Deductible | 1900 | 5 | Brick siding | No |
1975 | 250,000 | Wood Shake Roof | 1,770 | 3 | > $10,000 Deductible | 1890 | 10 | Vinyl siding | No |
2004 | 155,000 | Membrane Roof | 1,460 | 2 | $5000 to $10,000 Deductible | 420 | 3 | Brick siding | yes |
1977 | 200,000 | Membrane Roof | 1,740 | 2 | $2500-$5000 Deductible | 1180 | 7 | Fiber-Cement Siding | No |
2009 | 375,000 | Metal Roof | 2,740 | 4 | > $10,000 Deductible | 4030 | 8 | Fiber-Cement Siding | yes |
1985 | 145,000 | Wood Shake Roof | 1,026 | 2 | $500 Deductible | 2030 | 10 | Brick siding | No |