Orlando ,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 Orlando, 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 Orlando, FL is $1976. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Orlando, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Orlando, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $790 |
| $200,000 | $1,344 |
| $300,000 | $1,660 |
| $400,000 | $2,529 |
| $500,000 | $3,181 |
Home insurance costs in Orlando 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 |
|---|---|
| 032836 | $2,086 |
| 32801 | $1,973 |
| 32832 | $1,951 |
| 32827 | $1,991 |
| 32803 | $1,935 |
| 32828 | $1,929 |
| 32806 | $1,948 |
| 32835 | $1,898 |
| 32837 | $1,900 |
| 32812 | $1,897 |
| 32829 | $1,887 |
| 32825 | $1,881 |
| 32821 | $1,868 |
| 32824 | $1,889 |
| 32831 | $1,698 |
| 32826 | $1,832 |
| 32818 | $1,846 |
| 32839 | $1,816 |
| 32805 | $1,824 |
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 Orlando, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,026 |
| $1000 Deductible | $1,812 |
| $1500 Deductible | $1,709 |
| $2500 Deductible | $1,541 |
| $5000 Deductible | $1,304 |
| Home Insurance Company Near Orlando, FL | Homeowners Insurance Agency Near Orlando, FL | Address |
|---|---|---|
| NA | Eton Bridge Insurance & Financial Solutions | 7625 W Sand Lake Rd Suite 201 , Orlando, FL, 32819 |
| Liberty Mutual | Bryan J Henshaw Cpcu Lutcf | 4229 W. Lake Mary Blvd., Lake Mary, FL, 32746 |
| Liberty Mutual | David Diaz | 2504 S. Alafaya Trail Ste 300, Orlando, FL, 32828 |
| Travelers | Edward Lamb & Associates Inc | 146 E STUART AVE, LAKE WALES, FL, 33853 |
| Allstate | Luis Diaz | 1634 Hillcrest St, Orlando, FL, 32803 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Holden Heights CDP, Florida | $149 | $198 | $297 |
| Edgewood city, Florida | $153 | $203 | $305 |
| Conway CDP, Florida | $150 | $199 | $299 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Orlando, FL | 6.5% | 21.4% |
| Holden Heights | 6.1% | 20.69% |
| Edgewood | 5.48% | 16.39% |
| Conway | 6.11% | 22.93% |
| Orlando Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $300 to $499 | 3,263 | 3.0% | $1237 |
| $500 to $749 | 15,944 | 15.0% | $1912 |
| $750 to $999 | 36,607 | 34.0% | $2662 |
| $1,000 to $1,499 | 37,443 | 35.0% | $3787 |
| $1,500 or more | 10,082 | 9.0% | $5437 |
| Streets in Orlando Area | Homeowners Insurance Cost |
|---|---|
| Hillcrest Ave, Barby Ln, Kensington High Blvd, Poplar Pl, Cardinal Guard Ave, Old Park Ln, Terrina Ct, Admirality Ct, E Morse Blvd, Atkins Pl | $1,242 |
| N Thistle Ln, Beard Ave, Creston Dr, Pedro Ave, Geigel Ave, Radio Whoo Rd, Altec Rd, Montcalm St, Whittier Cir, North Virginia Ave | $1,183 |
| 34th St, Dante Dr, Mitchell Dr, Larch Ln, Edie Way, Pacemaker St, Benhurst Pl, N Division Ave, Dundee Dr, Brighton Park Ln | $1,137 |
| Hidden Creek Blvd, Piazza Grande Ave, Norwell Ave, Indian Hill Rd, Jasmine Glen Dr, Lake Pineloch Blvd, Cocoa Ln, Gay Dr, Mausser Dr, Oakwater Pointe Dr | $1,118 |
| Easy Ave, Brown Bark Dr, Saint George Ave, Randia Dr, Leprechaun Way, Shaffer Pl, Hourglass Dr, Pasha Ln, Chelsea Pl, E Crystal Lake Ave | $1,175 |
| Bordwine Dr, Camino Way, Clemson Rd, Nice Ave, Volusia Dr, Sandlewood Trl, Durango Ct, Ambassador Dr, Sebastian Way, Cathcart Ter | $1,140 |
| Idlewild Ct, Ambassador Ct, Pine Ave, S Ivanhoe Blvd W, White Marsh Cir, S West Ave, Calendula Dr, Anzle Ave, Pinnacle Cove Blvd, Northwood Cir | $1,138 |
| Mau Mau Ln, Hiawassee Meadows Dr, Swallow Run, E Swoope Ave, Pelleport Ave, Gypsy Ln, Coretta Way, Jaleen Ave, Laguna St, Highness Ct | $1,136 |
| Doolan Ct, Alcalde Ct, Sol Ave, Derbyshire Ln, Fitness Cir, Oxfordshire Pl, Greenwood Rd, Canyon Dr, Sun Ct, 20th St | $1,122 |
| Lodgewood Ln, Campus View Dr, Waterwitch Dr, Sweetleaf St, W Rosevear St, High St, Klondike St, Stafford Dr, Wallace Dr, Walnut Ave | $1,128 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Orlando | $175 to $177 |
| Holden Heights | $178 |
| Edgewood | $183 |
| Conway | $179 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | Castle Key Indemnity Company Insurance | $2,429 |
| 150,000 | 27 | NO | St. Johns Insurance | $1,763 |
| 150,000 | 27 | NO | State Farm Florida Insurance | $2,524 |
| 150,000 | 27 | YES | Southern Fidelity Insurance | $924 |
| 300,000 | 12 | NA | Security First Insurance | $1,770 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,600 | $4,600 |
| Yearly Orlando Homeowner Insurance Premium Example | $3,500 | $3,000 |
| Out of Pocket Expense During Claim | $1,600 | $4,600 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $26,100 | $25,600 |
| Net Savings to Orlando Home Owner from High Deductible Plan | $500 | |
| Scenario | Orlando, FL Home Replacement Value MORE than Home Value | Orlando, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $115,500 | $76,500 |
| Insurance Premium based on Replacement Value | $2,400 | $1,600 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $28,500 | Risk Exposure from Under Insuring Coverage is $10,500 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $575/year |
| Insurance Company | Allstate | Liberty Mutual | GEICO Insurance |
| Monthly Premium | 208 | 189 | 208 |
| Year Built | 2006 | 1960 | 2013 |
| Home Details | 3 Beds, 1 Baths | 2 Beds, 1 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $100000-$125000 | $125000-$150000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | $500 Deductible |