Miami Beach Insurance Rates:

Miami Beach, FL homeowners insurance is about $1,071 to $1,462, about $89-$121/month. Our extensive guide indicates shoppers can save as much as $506 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Usaa
There is nothing about this company that i dislike. i can not think of a single thing and i have been a customer for 49 years.
Safeco Insurance
They were easy to start the policy with, very minimum required by us, renewal is automatic and comes straight from an escrow account.
Usaa
Caters to the military. great customer services. easy claim process
Usaa
I like that they have always paid any claims that we have submitted and they usually get an adjuster to our house shortly after we call.
Nationwide
OUR CUSTOMER SERVICE IS VERY GOOD. WE CAN REACH OUR AGENT ANYTIME AT THE OFFICE OR AT HOME. WE HAD THE SAME AGENT FOR YEARS
State Farm
My insurance company is always there when I need them or need to file a claim. They never lie to me or charge for things I don't need
Security First Home Insurance
I don't really use it that much (the website, I don't even know if they have an app). My problem is getting them to call me back.
Farmer's Insurance
The agent was extremely time consuming and did not really handle the issue. I found out later that he sent an email to the agent who did not do what I asked for. It ended up costing an extra 100 dollars and I am still not very happy about it.
Usaa
My overall dislike about my insurance provider is much harder to outline, however, if I could change anything about the provider it would be the online sign-in process on a desktop/laptop. The interaction through mobile is much easier to navigate and faster to navigate.
Farmer's Insurance
I like that they respond very quickly and help me navigate the bills that they send
Security First Home Insurance
I like that it covers water damages and it offers low monthly rates.
State Farm
I have only spoken to them once or twice because I haven't had to make any claims. They were helpful and the process was quick.
Allstate
They called when they said they would, and took care of everything promptly.
Amica Mutual Insurance
The company has always treated me good and hasn't made me doubt that they would be helpful during a claim.
Usaa
They take care of veterans and their families and give discounts in you bundle multiple services. They also have good rates overall and they seem to care about people and not totally about profit.
Usaa
they follow up and continue to work the issue even after you forgot about it
Liberty Mutual
I would reccomend liberty mutual. The price is fair and the company has a good track record. They respond quickly via phone and email.
Liberty Mutual
Several years ago, I dropped another major insurance carrier and switched my auto coverage to Liberty Mutual. I have been so pleased with Liberty Mutual overall that I've stayed with them ever since. They offer excellent customer service and expedient claims processing. Their insurance premiums are competitively priced and the overall coverage is excellent.
Geico
I cannot recommend my current insurance company because I have never had to file a claim with them before. Without seeing how smoothly the claim filing and reimbursement process is, I cannot in good faith recommend them to anybody.
Geico
I would recommend Geico for home insurance because they have a great record of offering the same coverage as other companies for way less money.
American Integrity Insurance
the price of the policy is good and the response of the agent is fast when I contact him.
Farmer's Insurance
The thing I dislike about the company overall is their customer service, communication promptness
Usaa
I dislike the fact that I feel like the premiums go up more than they should from year to year on a few occasions.
Allstate
I don't like that it is a little more expensive than others. I don't like that when trying to change something minor on my policy, it has to wait to be approved by my agent.
Assurant Specialty Property
I like Assurant because of the user friendly website, lowest rates, and excellent customer service.

Miami Beach, FL Homeowners Insurance By Home Value

Miami Beach, FL Home Value Total Homes % of Total Average Miami Beach, FL Homeowners Insurance
Less than $50,000 492 2.0% $88
$60,000 to $69,999 313 1.0% $240
$70,000 to $79,999 268 1.0% $278
$80,000 to $89,999 244 1.0% $316
$90,000 to $99,999 424 2.0% $354
$100,000 to $124,999 1,127 6.0% $417
$125,000 to $149,999 1,014 6.0% $519
$150,000 to $174,999 2,390 14.0% $620
$175,000 to $199,999 1,392 8.0% $721
$200,000 to $249,999 2,674 16.0% $860
$250,000 to $299,999 2,509 15.0% $1063
$300,000 to $399,999 3,489 21.0% $1341

Top Home Insurance Agents Near Miami Beach, FL

Home Insurance Company Near Miami Beach, FL Homeowners Insurance Agency Near Miami Beach, FL Address
Travelers Bateman Gordon & Sands Inc 3050 N Federal Hwy Ste 100 Pompano Beach, Pompano Beach, FL, 33064
Travelers Imperial Insurance Llc 924 EAST SAMPLE RD, POMPANO BEACH, FL, 33064
Travelers M & L Insurance Agency Inc 2855 UNIVERSITY DR 110, CORAL SPRINGS, FL, 33065
State Farm Michael Bennardo 9779 W Sample Rd, Coral Springs, FL, 33065-4003
Travelers Nsi Insurance Group 8181 NW 154TH STE 230, MIAMI LAKES, FL, 33016

Cost Of Homeowners Insurance By Street Near Miami Beach, FL

Streets in Miami Beach Area Homeowners Insurance Cost
1st Rivo Alto Ter, 92nd St, East Dr, Bay Ter, 178th Dr, 87th St, 177th Dr, N Coconut Ln, Indian Creek Island Rd, 102nd St$1,227
4th St, E 3rd Ct, N America Way, 2nd Dilido Ter, Venetian Dilido Way, 83rd St, Ocean Ter, 26th St, Normandy Dr, 80th St$1,436
7th St, Park Ave, 100th St, 19th St, Shelter Ave, 14th St, Biarritz Dr, Irving Ave, Gary Ave, Trouville Esplanade$1,185
Coquina Dr, Bal Cross Dr, Allison Rd, 8th Ter, 81st St, 79th St, 191st St, 14th Ter, W 1st Ct, 2nd Rivo Alto Ter$1,480
West Dr, Lincoln Ln N, Galleon St, Marseille Dr, 4th Dilido Ter, 96th St, Camden Ct, 4th San Marino Ter, 3rd Dilido Ter, 20th St$1,403

Miami Beach, FL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Miami Beach$188 to $191
Surfside$201
Indian Creek$250
North Bay Village$178

Miami Beach, FL Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Surfside town, Florida $168 $224 $336
Indian Creek village, Florida $208 $277 $416
North Bay Village city, Florida $149 $198 $297

Miami Beach, FL Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Miami Beach, FL4.4%11.1%
Surfside3.79%11.61%
North Bay Village4.56%13.6%
Bay Harbor Islands4.0%13.06%

Miami Beach Renters Insurance as a Percentage of Rent

Miami Beach Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,055 3.0% $311
$200 to $299 1,034 3.0% $761
$300 to $499 914 2.0% $1211
$500 to $749 2,068 6.0% $1886
$750 to $999 7,753 22.0% $2636
$1,000 to $1,499 12,550 36.0% $3761
$1,500 or more 8,745 25.0% $5411

Average Cost Of Home Insurance By Company In Areas Nearby Miami Beach For Different Scenarios

Home value ($) Age of home (years) Wind mitigation Company Average homeowners insurance premium ($)
150,000 27 NO Citizens Property Insurance $5,317
150,000 27 YES American Integrity Insurance $2,853
150,000 27 YES Asi Preferred Insurance $4,258
150,000 27 YES Liberty Mutual Fire Insurance $2,430
300,000 12 NA Security First Insurance $4,879
300,000 12 NA United Property & Casualty Insurance $5,007

Miami Beach, FL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,800$4,800
Yearly Miami Beach Homeowner Insurance Premium Example $7,100$6,100
Out of Pocket Expense During Claim$1,800$4,800
Total Home Insurance Premium for 4 years + Out of Pocket Expense for Claim $30,200$29,200
Net Savings to Miami Beach Home Owner from High Deductible Plan $1,000

Miami Beach, FL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Miami Beach, FL Home Replacement Value MORE than Home Value Miami Beach, FL Home Replacement Value LESS than Home Value
Replacement Value $769,500 $558,500
Insurance Premium based on Replacement Value $14,300 $10,400
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $62,000 Risk Exposure from Under Insuring Coverage is $149,000
Premium Impact Insurance cheaper by $2,750/year Insurance costlier by $1,150/year

Example Miami Beach Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceLiberty MutualTravelers
Monthly Premium 288399364
Year Built 197319622009
Home Details 2 Beds, 1 Baths3 Beds, 1 Baths2 Beds, 1 Baths
Coverage Amount $200000-$250000$300000-$350000$250000-$300000
Deductible $1000-$2500 Deductible$5000 to $10,000 Deductible$2500-$5000 Deductible

Sample Home Insurance Rates for Miami Beach, FL from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1961 395,000 Membrane Roof 2,010 3 $500- $1000 Deductible 2850 4 Vinyl siding yes
1963 270,000 Asphalt Shingles Roof 1,770 3 $2500-$5000 Deductible 1160 5 Fiber-Cement Siding yes
1983 275,000 Metal Roof 1,420 2 > $10,000 Deductible 530 3 Wood siding yes
1970 265,000 Tile Roof 1,520 3 > $10,000 Deductible 2460 9 Stucco siding yes
1977 225,000 Tile Roof 1,240 3 $1000-$2500 Deductible 3420 8 Fiber-Cement Siding yes
1972 210,000 Membrane Roof 1,190 2 $500- $1000 Deductible 1910 6 Fiber-Cement Siding yes
2000 270,000 Asphalt Shingles Roof 1,570 3 $500 Deductible 1120 3 Brick siding yes
1961 370,000 Metal Roof 1,950 3 > $10,000 Deductible 990 3 Stone Siding yes
2007 280,000 Membrane Roof 2,050 3 $5000 to $10,000 Deductible 1990 6 Stucco siding No
1981 460,000 Wood Shake Roof 2,380 3 $1000-$2500 Deductible 10600 12 Stone Siding yes
2011 240,000 Metal Roof 1,270 2 $1000-$2500 Deductible 980 3 Stone Siding No
1962 235,000 Asphalt Shingles Roof 1,470 3 $2500-$5000 Deductible 2940 9 Stone Siding No
1971 355,000 Asphalt Shingles Roof 2,260 3 $500 Deductible 1850 3 Stucco siding yes
2010 240,000 Metal Roof 1,650 3 $5000 to $10,000 Deductible 3110 12 Stone Siding yes
2009 325,000 Metal Roof 1,990 3 $2500-$5000 Deductible 3500 9 Fiber-Cement Siding No
2000 270,000 Asphalt Shingles Roof 1,470 3 $2500-$5000 Deductible 2350 7 Wood siding yes
2011 190,000 Wood Shake Roof 1,210 2 $500- $1000 Deductible 300 1 Vinyl siding No
2014 190,000 Tile Roof 1,110 2 $1000-$2500 Deductible 1340 5 Stone Siding No
1968 200,000 Tile Roof 1,330 2 $1000-$2500 Deductible 1170 4 Stone Siding yes
1963 345,000 Slate Shingles Roof 2,210 3 > $10,000 Deductible 940 3 Stone Siding yes
1977 355,000 Metal Roof 1,790 3 > $10,000 Deductible 2770 10 Stucco siding yes
2011 250,000 Membrane Roof 1,550 3 $500 Deductible 2610 6 Brick siding yes
1971 185,000 Metal Roof 940 2 $2500-$5000 Deductible 3270 10 Brick siding yes
2010 180,000 Wood Shake Roof 1,300 3 $1000-$2500 Deductible 1520 6 Wood siding No
1961 250,000 Metal Roof 549 1 $2500-$5000 Deductible 5450 9 Fiber-Cement Siding yes