Miami Insurance Rates:

Miami ,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 Miami, 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 Miami, FL is $2043. Enter your zipcode below and click “GO” to get multiple free quotes.

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Home Insurance Companies in Miami, FL: Customer-Reviewed Options


Miami, FL Homeowners Insurance Rates by Coverage Level

It is important to understand the different coverage options available in Miami, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Miami, FL.

Coverage Level Average Annual Premium
$100,000 $817
$200,000 $1,389
$300,000 $1,716
$400,000 $2,615
$500,000 $3,289


Miami, FL Homeowners Insurance Rates by ZIP Code

Home insurance costs in Miami 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
033158 $2,231
33140 $2,211
33131 $2,060
33129 $2,035
33176 $2,038
33178 $2,004
33155 $2,002
33182 $1,969
33132 $2,071
33194 $1,994
33196 $1,974
33173 $1,957
33137 $1,998
33144 $1,948
33186 $1,946
33193 $1,934
33184 $1,920
33135 $1,936
33174 $1,912
33125 $1,909
33183 $1,917
33169 $1,891
33130 $1,971
33126 $1,888
33168 $1,876
33127 $1,916
33150 $1,899
33172 $1,837
33167 $1,872
33147 $1,836
33142 $1,873
33179 $1,836
33136 $1,909
33128 $1,892


Miami, FL Homeowners Insurance Deductibles

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 Miami, FL, and how to choose the right one for your needs.

Deductible Level Average Annual Premium
$500 Deductible $2,095
$1000 Deductible $1,873
$1500 Deductible $1,767
$2500 Deductible $1,594
$5000 Deductible $1,348



Top Home Insurance Agents Near Miami, FL

Home Insurance Company Near Miami, FL Homeowners Insurance Agency Near Miami, FL Address
NA Isure Insurance Brokers 8700 West Flagler Street Suite 270 , Miami, FL, 33174
NA Ika Financial Llc Dba Global Green Insurance Agency 6840 Sw 40Th Street #202B , Miami, FL, 33155
Allstate Jonathan Clavijo 9700 Stirling Rd Ste 102, Hollywood, FL, 33024
Travelers Setnor Byer Insurance & Risk 900 South Pine Island Rd Ste 300, Plantation, FL, 33324
State Farm Valerie Davis-Bailey 3180 Commodore Plz, Miami, FL, 33133-5818

Miami, FL Home Insurance Agents for Top Companies


Miami, 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
Brownsville CDP, Florida $143 $190 $285
Gladeview CDP, Florida $143 $190 $285
West Little River CDP, Florida $145 $193 $290


Miami, 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, FL5.5%17.6%
West Little River6.87%26.01%

Miami Renters Insurance as a Percentage of Rent

Miami Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 5,088 3.0% $329
$200 to $299 6,541 4.0% $779
$300 to $499 7,480 4.0% $1229
$500 to $749 24,981 15.0% $1904
$750 to $999 43,126 26.0% $2654
$1,000 to $1,499 48,699 30.0% $3779
$1,500 or more 26,243 16.0% $5429

Cost Of Homeowners Insurance By Street Near Miami, FL

Streets in Miami Area Homeowners Insurance Cost
Palermo Ave, Corniche Ave, Labaron Dr, NW 38th Ter, Perugia Ave, NW 62nd Ter, South St, Messina Ave, W Trade Ave, N Waterway Dr$1,230
W Golf Dr, Pan American Dr, NW 137th St, NW 49th Ter, Secoffee St, NE 29th Ct, NE 199th Ln, Riviera Ct, Linden Ln, Plaza St$1,551
NW 51st Pl, Memorial Hwy, Trascoro Ave, Jib Ct, NE 182nd St, NE 50th St, Lamb Ct, NW 120th Ter, Oriole Ave, Bentley Dr$1,228
Santa Maria St, Kiaora Ave, Biscayne Bay Dr, Duval St, NE 98th St, SW 23rd Rd, NW 104th St, NE 90th St, NE 75th St, NE 18th St$1,128
NE 59th Ter, NE 13th Pl, E Fairview St, NE 12th Pl, NE 95th St, NE 9 Ct, NE 201st St, Leafy Way, Cantoria Ave, Hibiscus St$1,474
Alexandria Dr, Hernando St, N Bay Homes Dr, Roderigo Ave, SW 70th Ct, NE 85th St, NE 139th Ter, E 34th St, NW 39th Ter, NE 91st St$1,221
NE 38th St, Ludlam Dr, South Ct, Glen Royal Pkwy, NW 30th Street Rd, Monegro St, Miami Dr, NE 152nd St, NE 58th St, Shore Dr W$1,461
Sansovino Ave, Elizabeth St, NE 21st Pl, Sans Souci Blvd, NE 101st St, Alhambra Ct, NE 142nd St, NE 38th Ct, NE 153rd St, Orange St$1,283
NW 64th Ct, NE 18th St, NE 210th St, NE 157th Ter, NE 212th St, Mokena Dr, NW 92nd Ter, W 34th Street Rd, SW 21st Rd, Curtiss Dr$1,150
Fisherman St, NW 105th St, Sesame St, Vista Ct, Gibson Dr, NW 110th Ter, SW 77th Pl, N Melrose Dr, NW 145th Ter, NE 35th Ter$1,236

Miami, FL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Miami$180 to $182
West Little River$174
El Portal$185

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

Home value ($) Age of home (years) Wind mitigation Company Average homeowners insurance premium ($)
150,000 27 NO Castle Key Indemnity Company Insurance $6,366
150,000 27 YES American Integrity Insurance $2,853
150,000 27 YES Tower Hill Prime Insurance $2,704
150,000 27 YES Tower Hill Signature Insurance $4,410
150,000 27 YES Universal Insurance $3,970
300,000 12 NA Tower Hill Signature Insurance $6,403


Miami, FL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Miami Homeowner Insurance Premium Example $2,500$2,000
Out of Pocket Expense During Claim$1,400$4,400
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $21,400$20,400
Net Savings to Miami Home Owner from High Deductible Plan $1,000


Miami, FL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Miami, FL Home Replacement Value MORE than Home Value Miami, FL Home Replacement Value LESS than Home Value
Replacement Value $148,000 $104,000
Insurance Premium based on Replacement Value $3,325 $2,325
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $11,500 Risk Exposure from Under Insuring Coverage is $32,500
Premium Impact Insurance cheaper by $750/year Insurance costlier by $250/year


Example Miami Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceTravelersGEICO Insurance
Monthly Premium 310250231
Year Built 198119631953
Home Details 2 Beds, 1 Baths3 Beds, 1 Baths4 Beds, 2 Baths
Coverage Amount $200000-$250000$150000-$175000$200000-$250000
Deductible $1000-$2500 Deductible$500 Deductible$2500-$5000 Deductible