Homestead, FL - Data on Home Insurance Quotes, Rates & Agents
Homestead, FL Home Values & Insurance Rates
| Homestead, FL Home Value | Total Homes | % of Total | Average Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 1,353 | 9.0% | $185 |
| $50,000 to $59,999 | 601 | 4.0% | $406 |
| $60,000 to $69,999 | 915 | 6.0% | $498 |
| $70,000 to $79,999 | 677 | 4.0% | $580 |
| $80,000 to $89,999 | 782 | 5.0% | $661 |
| $90,000 to $99,999 | 749 | 5.0% | $730 |
| $100,000 to $124,999 | 1,637 | 11.0% | $846 |
| $125,000 to $149,999 | 957 | 6.0% | $1067 |
| $150,000 to $174,999 | 1,512 | 10.0% | $1264 |
| $175,000 to $199,999 | 1,135 | 7.0% | $1450 |
| $200,000 to $249,999 | 1,832 | 12.0% | $1751 |
| $250,000 to $299,999 | 1,423 | 9.0% | $2146 |
| $300,000 to $399,999 | 1,087 | 7.0% | $2726 |
Top Home Insurance Agents Near Homestead, FL
| Home Insurance Company Near Homestead, FL | Homeowners Insurance Agency Near Homestead, FL | Address |
|---|---|---|
| NA | We Insure Florida, Inc. | 1327 Ne 125Th St , North Miami, FL, 33161 |
| State Farm | Enette Henderson | 152 NE 167th St Ste 405, Miami, FL, 33162-3400 |
| State Farm | Michele Belizaire | 8600 NE 2nd Ave, El Portal, FL, 33138-3004 |
| Allstate | Monica Pavlova | 273 NW 82nd Ave, Miami, FL, 33126 |
| State Farm | Ricardo Arbes | 18173 Biscayne Blvd, Aventura, FL, 33160-2535 |
Estimated Home Insurance By Street Area Near Homestead, FL
| Homestead Area | Estimated House Insurance |
|---|---|
| Adams Ave, SW 381 Ter, SW 196th Ave, SW 380th St, N Audubon Dr, NE 27th Ter, SW 192nd Pl, SW 291st Ter, SE 30th Ter, SW 292nd Ter | $1,139 |
| SE 21st Ct, SE 18th Ter, SW 159th Dr, NE 36th Ter, SW 158th Rd, NE 3rd St, NE 41st Cir, S Independence Dr, SE 20th Rd, SW 318th Ter | $1,124 |
| NW 14th Ln, SE 11th Pl, SW 354th Ter, SW 350th St, S Audubon Dr, N Fieldlark Ln, Pelican Ct, SW 279th St, S Goldeneye Ln, NE 8th St | $1,146 |
| SW 300th Ter, SW 184th Ave, N Anhinga Ln, SE 23rd Dr, SW 3rd Ter, SE 19th St, SE 28th Ter, NE 5th Dr, Tennessee Rd, SW 313th St | $1,128 |
| SW 1st Ct, SW 195th Ct, NE 1st Rd, NE 27th Ave, SW 290th St, SE 28th Ave, NE 17th St, SE 16th St, SW 298th St, NW 8th Pl | $1,234 |
Savings on home insurance for senior occupied homes
| Place | Savings |
|---|---|
| Homestead | $173 to $176 |
| North Key Largo | $250 |
| Florida City | $175 |
| Leisure City | $170 |
Homestead, FL Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Homestead, FL | 5.8% | 20.9% |
| North Key Largo | 4.98% | 13.88% |
| Florida City | 7.51% | 20.04% |
| Leisure City | 6.68% | 24.78% |
Homestead Renters Insurance as a Percentage of Rent
| Homestead Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 453 | 3.0% | $340 |
| $200 to $299 | 512 | 3.0% | $790 |
| $300 to $499 | 732 | 4.0% | $1240 |
| $500 to $749 | 1,842 | 12.0% | $1915 |
| $750 to $999 | 3,761 | 25.0% | $2665 |
| $1,000 to $1,499 | 5,504 | 37.0% | $3790 |
| $1,500 or more | 2,051 | 13.0% | $5440 |
Homestead, FL Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $2,500 |
| Yearly Homestead Homeowner Insurance Premium Example | $8,400 | $7,900 |
| Out of Pocket Expense During Claim | $1,500 | $2,500 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $43,500 | $42,000 |
| Net Savings to Homestead Home Owner from High Deductible Plan | $1,500 | |
Homestead, FL Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Homestead, FL Home Replacement Value MORE than Home Value | Homestead, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $74,000 | $52,000 |
| Insurance Premium based on Replacement Value | $1,725 | $1,225 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $10,500 | Risk Exposure from Under Insuring Coverage is $11,500 |
| Premium Impact | Insurance cheaper by $275/year | Insurance costlier by $225/year |
Example Homestead Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Liberty Mutual | State Farm | Chubb Group of Insurance |
| Monthly Premium | 177 | 142 | 578 |
| Year Built | 2005 | 1965 | 1993 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $125000-$150000 | $175000-$200000 | $400000-$500000 |
| Deductible | $1000-$2500 Deductible | > $10,000 Deductible | $500- $1000 Deductible |
Homestead, FL Auto & Home Insurance Bundling Discounts
| Place | 1 Car Bundle Savings | 2 Car Bundle Savings | 3 Car Bundle Savings |
|---|---|---|---|
| North Key Largo CDP, Florida | $250 | $333 | $500 |
| Florida City city, Florida | $175 | $233 | $350 |
| Leisure City CDP, Florida | $170 | $227 | $341 |
Sample Home Insurance Rates for Homestead, FL from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1996 | 255,000 | Metal Roof | 3,040 | 5 | $500 Deductible | 1650 | 4 | Stone Siding | No |
| 2012 | 260,000 | Composition Roof | 2,610 | 4 | $2500-$5000 Deductible | 3110 | 7 | Fiber-Cement Siding | yes |
| 1967 | 140,000 | Tile Roof | 1,560 | 5 | $1000-$2500 Deductible | 1440 | 10 | Brick siding | yes |
| 1969 | 175,000 | Membrane Roof | 2,340 | 4 | $1000-$2500 Deductible | 2280 | 9 | Vinyl siding | yes |
| 2013 | 205,000 | Composition Roof | 1,920 | 4 | $5000 to $10,000 Deductible | 2460 | 10 | Vinyl siding | yes |
| 2009 | 155,000 | Asphalt Shingles Roof | 2,140 | 5 | $5000 to $10,000 Deductible | 1220 | 7 | Wood siding | No |
| 1988 | 160,000 | Tile Roof | 1,600 | 3 | $500 Deductible | 260 | 1 | Wood siding | No |
| 1998 | 175,000 | Wood Shake Roof | 1,970 | 3 | $2500-$5000 Deductible | 1050 | 4 | Wood siding | yes |
| 1990 | 115,000 | Tile Roof | 1,259 | 2 | $500 Deductible | 190 | 1 | Stucco siding | yes |