New Port Richey ,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 New Port Richey, 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 New Port Richey, FL is $1941. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in New Port Richey, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in New Port Richey, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $776 |
| $200,000 | $1,320 |
| $300,000 | $1,630 |
| $400,000 | $2,484 |
| $500,000 | $3,125 |
Home insurance costs in New Port Richey 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 |
|---|---|
| 034653 | $1,790 |
| 34655 | $1,894 |
| 34654 | $1,832 |
| 34652 | $1,804 |
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 New Port Richey, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,990 |
| $1000 Deductible | $1,780 |
| $1500 Deductible | $1,679 |
| $2500 Deductible | $1,514 |
| $5000 Deductible | $1,281 |
| Home Insurance Company Near New Port Richey, FL | Homeowners Insurance Agency Near New Port Richey, FL | Address |
|---|---|---|
| Travelers | Gulf Coast Commercial Insurance | 815-B CYPRESS VILLAGE BLVD, SUN CITY, FL, 33573 |
| Travelers | Johnson Insurance Agency | 7215 FOREST OAKS BLVD, SPRING HILL, FL, 34606 |
| Travelers | Paul Morrison Insurance & Real Estate Inc | 4734 MILE STRETCH DRIVE, HOLIDAY, FL, 34690 |
| Travelers | Southshore Insurance Professionals Llc | 1219 MILLENNIUM PKWY STE 106, BRANDON, FL, 33511 |
| Travelers | 1st Capital Insurance | 3302 W CYPRESS ST STE 105, TAMPA, FL, 33607 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| New Port Richey East CDP, Florida | $168 | $224 | $336 |
| Elfers CDP, Florida | $168 | $224 | $336 |
| Trinity CDP, Florida | $185 | $246 | $369 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| New Port Richey, FL | 6.9% | 23.9% |
| New Port Richey East | 8.33% | 28.19% |
| Elfers | 9.47% | 29.72% |
| Trinity | 5.13% | 15.67% |
| New Port Richey Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 179 | 1.0% | $792 |
| $300 to $499 | 745 | 4.0% | $1242 |
| $500 to $749 | 3,769 | 24.0% | $1917 |
| $750 to $999 | 5,267 | 34.0% | $2667 |
| $1,000 to $1,499 | 4,383 | 28.0% | $3792 |
| $1,500 or more | 861 | 5.0% | $5442 |
| Streets in New Port Richey Area | Homeowners Insurance Cost |
|---|---|
| Links Ln, Celtic Dr, Sunnybrook Dr, Bayfield Ct, Oak Leaf Ln, Abdella Ln, Stoneview Rd, Voorhees Rd, Tina Dr, Blanche St | $1,144 |
| Sand Bay Dr, Baker Rd, Matthew Dr, Sweetspire Ln, Pond Rush Ct, Belleville Ave, Thicket Trl, Wisteria Cir, Plum Tree Rd, Executive Dr | $1,116 |
| Altrara Way, Blue River Rd, Exemplar Dr, Crosier Ct, Runnel Dr, Peconic Way, Hazelnut Ct, Hawk Roost Ct, Oak Bluff Ave, Jays Nest Ln | $1,181 |
| Picnic Ct, Brookside Dr, Stony Bridge Dr, Kinard la, Bradford Dr, Fallowfield Dr, Pinewood Villas Dr, Tramore Dr, Maylin Dr, Calabash Ln | $1,126 |
| Roxbury Dr, Grey St, Amy Ln, Glenwood Dr, Bolam Ave, Aintree Ct, Rosewood Dr, Atherton Ave, Cavan St, Maybrook Ct | $1,140 |
| Hermosillo Dr, Ivyhill Ct, Otter Way, Modesto St, Holiday Dr, Lost Trl, Salton St, Sheldon Pl, Leota Ln, Illinois Ave | $1,148 |
| Bunker Hill Ct, Empress Ln, Redleaf Dr, Torrance Dr, Illinois Ave, Teal Dr, Rally Ln, Wimpole Dr, Brandon Dr, Blue Beach Ct | $1,123 |
| Pepperell Dr, Bluefield Rd, Sherry Ln, Mesa Dr, Arbor View Ln, Lemonwood Loop, Knight Dr, Sherrell Dr, Pineview Cir, Casa Nueva Dr | $1,186 |
| Excalibur St, Gibraltar Ave, Wesson Rd, Spring Flower Dr, Bellehurst Loop, Weymouth Dr, School Rd, Falcon Dr, Muir St, Summervale Dr | $1,183 |
| Bowl St, Coachmen Rd, Warren Ave, Brass Ln, Adelaide Loop, Cathedral Ct, Granite Ridge Loop, Hawbucks St, Crescent Ln, Bayport Dr | $1,156 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| New Port Richey | $172 to $174 |
| New Port Richey East | $168 |
| Trinity | $184 |
| River Ridge | $175 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | Universal Property & Casualty Insurance | $2,039 |
| 150,000 | 27 | YES | Florida Peninsula Insurance | $1,720 |
| 150,000 | 27 | YES | State Farm Florida Insurance | $7,226 |
| 300,000 | 12 | NA | Castle Key Indemnity Company Insurance | $2,622 |
| 300,000 | 12 | NA | Federated National Insurance | $1,552 |
| 300,000 | 12 | NA | First Community Insurance | $2,494 |
| 300,000 | 12 | NA | Southern Fidelity Insurance | $4,476 |
| 300,000 | 12 | NA | Tower Hill Prime Insurance | $2,232 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $2,800 |
| Yearly New Port Richey Homeowner Insurance Premium Example | $2,400 | $2,000 |
| Out of Pocket Expense During Claim | $800 | $2,800 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $17,600 | $16,800 |
| Net Savings to New Port Richey Home Owner from High Deductible Plan | $800 | |
| Scenario | New Port Richey, FL Home Replacement Value MORE than Home Value | New Port Richey, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $223,500 | $161,000 |
| Insurance Premium based on Replacement Value | $4,025 | $2,900 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $28,500 | Risk Exposure from Under Insuring Coverage is $34,000 |
| Premium Impact | Insurance cheaper by $625/year | Insurance costlier by $500/year |
| Insurance Company | GEICO Insurance | Liberty Mutual | Allstate |
| Monthly Premium | 158 | 355 | 253 |
| Year Built | 1994 | 2007 | 2014 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $200000-$250000 | $250000-$300000 |
| Deductible | $500- $1000 Deductible | $1000-$2500 Deductible | > $10,000 Deductible |