How To Make Your Miami, FL Home Insurance Cheaper
Miami, FL, homeowners insurance is about $1523. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Miami, FL Home Insurance Rates with the Miami-Dade County Average
| Place | Miami-Dade County Average: $1,515.75 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Miami, FL | $1,523.25 | 7.5 | 0.00 | 908,354 | 244,400 |
Cost of Miami, FL Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Ives Estates | 138,800 | 12,666 | $1,339 |
| Key Biscayne | 1,137,100 | 136,672 | $1,651.5 |
| Tamiami | 251,900 | 8,060 | $1,649.9 |
| Lauderhill | 114,500 | 7,152 | $1,175 |
Homeowners Insurance Comparison for the Cheapest Premiums in Miami, FL
| Olympus Insurance | Security First Home Insurance | Progressive | |
| Median Home Value ($) | 244,400 | 244,400 | 244,400 |
| Age of Home | Newly Constructed Home | Above Year 50 | Year 50 Old |
| Home Coverage ($) | $500,000 -$749,999 | $500,000 -$749,999 | $250,000 -$299,999 |
| Total Premium ($) | $3,068.5 | $4,971.7 | $2,464.4 |
Cost of Miami, FL Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Travelers | 2000 | $1000,000-$1499,999 | 4,055.9 |
| Assurant Specialty Property | 500 | $1500,000-$2000,000 | 5,151.1 |
| The Hartford | 500 | $175,000-$199,999 | 1,033.1 |
| Security First Home Insurance | 2500 | $300,000-$399,999 | 1,728.6 |
| Horace Mann Educators Corporation | 2500 | $250,000-$299,999 | 1,408.2 |
| Farmer's Insurance | 2500 | $750,000-$999,999 | 3,233.6 |
| State Farm | 1000 | $150,000-$174,999 | 785.6 |
| MAPFRE Insurance | 1000 | $100,000-$124,999 | 646.1 |
| Stillwater insurance Group | 1500 | $300,000-$399,999 | 2,112.7 |
| Florida Farm Bureau Insurance | 2000 | $1500,000-$2000,000 | 4,354.5 |