Fort Myers ,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 Fort Myers, 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 Fort Myers, FL is $1956. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Fort Myers, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Fort Myers, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $782 |
| $200,000 | $1,330 |
| $300,000 | $1,643 |
| $400,000 | $2,504 |
| $500,000 | $3,149 |
Home insurance costs in Fort Myers can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 033917 | $1,789 |
| 33916 | $1,807 |
| 33903 | $1,771 |
| 33913 | $1,941 |
| 33912 | $1,913 |
| 33908 | $1,893 |
| 33901 | $1,871 |
| 33907 | $1,831 |
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 Fort Myers, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,005 |
| $1000 Deductible | $1,794 |
| $1500 Deductible | $1,692 |
| $2500 Deductible | $1,526 |
| $5000 Deductible | $1,291 |
| Home Insurance Company Near Fort Myers, FL | Homeowners Insurance Agency Near Fort Myers, FL | Address |
|---|---|---|
| NA | Integrated Insurance Services, Inc. | 1639 Pkwy E #104 Cape Coral, Cape Coral, FL, 33904 |
| Travelers | Cape Insurance Agency Inc | 3624 DEL PRADO BLVD S STE B, CAPE CORAL, FL, 33904 |
| Travelers | Forsythe Insurance Services Inc | 995 N COLLIER BLVD STE 208, MARCO ISLAND, FL, 34145 |
| Allstate | Ken Miller | 2525 Tamiami Trl Ste E, Port Charlotte, FL, 33952 |
| State Farm | Rich Mathews | 9510 Crkscrew Plm Cir Ste 4, Estero, FL, 33928-3308 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lee County, Florida | $175 | $233 | $350 |
| Cypress Lake CDP, Florida | $172 | $229 | $344 |
| Whiskey Creek CDP, Florida | $177 | $236 | $354 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Fort Myers, FL | 6.5% | 17.7% |
| Fort Myers | 6.47% | 17.74% |
| Cypress Lake | 7.38% | 19.04% |
| Whiskey Creek | 5.77% | 17.16% |
| Fort Myers Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 433 | 1.0% | $790 |
| $300 to $499 | 815 | 3.0% | $1240 |
| $500 to $749 | 5,704 | 25.0% | $1915 |
| $750 to $999 | 7,498 | 33.0% | $2665 |
| $1,000 to $1,499 | 5,522 | 24.0% | $3790 |
| $1,500 or more | 2,386 | 10.0% | $5440 |
| Streets in Fort Myers Area | Homeowners Insurance Cost |
|---|---|
| Blasingim Rd, Downing Ln, Golfview Ave, Michelle Way, Cypress Dr, Kelly Sands Way, Little Bay St, Lakefront Ct, Harold Ave, Lakefront Ct | $1,153 |
| Candle Dr, Governors Dr, Plumosa Dr, Marben Dr, Halgrim Ave, Crystal Cove Ct, Palm Woode Dr, McCann St, Country Rd, S Grimsley Ct | $1,147 |
| E St N, Augusta Dr SW, Pendragon Ln, Walden Dr, Arlington St, Maine Ave, Bonita St, Ironbridge Blvd, Mallard Ct, N Fountainhead Rd | $1,156 |
| Roble Ln SW, Belle Meade Dr, Heather Ridge Loop, Maravilla Cir, Bessie Ave, Southmont Cove, Cheshire Dr, Coves End Dr, Swan Lake Dr, Coronet St | $1,136 |
| Oakbrook Ct, Camelia Dr, Caracas Ct, Cactus Dr, Quinto Ln SW, Dartmoor Way, Dexter Dr, Commerce St, Omai Ct, Queens Dr | $1,187 |
| Pioneer Ct, Coriander Ln, Hole in 1 Cir, Logo Ct, Creekside Ln, Keenan Ave, Live Oak Dr, Cypress Ter, Bayberry Bend, Deer Run Farms Rd | $1,166 |
| Mandolin Bay Dr, Tredegar Dr, Short St, Jova Trl, Columbia Cir, Pintail Dr, Bellair Rd, SE Ponderosa Way, Sumter Dr, Falconwood Ct | $1,112 |
| Erie Trl, Pacific Pines Ave, Williams Dr, Morse Plz, Lucca St, Bennington Dr, Royal Palm Ave, W 1st St, Lime St, Dwarf Ginseng Dr | $1,203 |
| Mesa Dr, Briarcliff Rd, Tozer Ct, Timberline Cir, Armeda Ave, Bridle Ln, Brown St, K St S, Granada Rd, Central Ave | $1,146 |
| Basin Cir SW, Miami Trl, Panther Ln, Bass Rd, Neptune Ln, Davis St, Simpson St, Parkway St, Guana Ct, Red Poinciana Dr | $1,153 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Fort Myers | $173 to $176 |
| Lee County | $175 |
| Cypress Lake | $172 |
| Whiskey Creek | $177 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | American Integrity Insurance | $3,762 |
| 150,000 | 27 | NO | Federated National Insurance | $3,587 |
| 150,000 | 27 | NO | Florida Farm Bureau Casualty Insurance | $2,990 |
| 150,000 | 27 | NO | Tower Hill Preferred Insurance | $2,554 |
| 150,000 | 27 | NO | Universal Insurance | $4,304 |
| 150,000 | 27 | YES | Safeway Property Insurance | $1,689 |
| 150,000 | 27 | YES | Security First Insurance | $1,349 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $3,200 |
| Yearly Fort Myers Homeowner Insurance Premium Example | $3,400 | $2,900 |
| Out of Pocket Expense During Claim | $1,200 | $3,200 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $21,600 | $20,600 |
| Net Savings to Fort Myers Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Fort Myers, FL Home Replacement Value MORE than Home Value | Fort Myers, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $254,500 | $150,000 |
| Insurance Premium based on Replacement Value | $5,975 | $3,525 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $58,500 | Risk Exposure from Under Insuring Coverage is $46,000 |
| Premium Impact | Insurance cheaper by $1,075/year | Insurance costlier by $1,375/year |
| Insurance Company | Chubb Group of Insurance | State Farm | GEICO Insurance |
| Monthly Premium | 155 | 137 | 277 |
| Year Built | 1989 | 2011 | 2005 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 1 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $100000-$125000 | $300000-$350000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | > $10,000 Deductible |