Palm Bay Insurance Rates:

Palm Bay, FL homeowners insurance is approximately $970 to $1,316, about $80-$109/month. Our in depth guide indicates shoppers can save as much as $457 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

Compare Quotes from Top Providers and Save now!

Latest Home Insurance Reviews

State Farm
The deductible on my policy is comparable to other insurance companies. It was the lowest deductible I could find but many other companies matched it.
I feel like the premium and deductible compared to other home insurance policies for the same coverage is way cheaper in comparison.
Assurant Specialty Property
I live in a mobile home they tend to offer a policy that causes the property to be under-insured at the time of a claim.
Being a veteran of the armed forces, I have been able able to get the best experience with this company. Usaa is veteran friendly and exclusive to ex military.
I would recommend this company because they have always been there for me in the past and I plan to keep using this company no matter where I move.
American Integrity Insurance
I would recommend them to my family and friends. They have been great to work with and their prices are very competitive.
High recommentation for USAA products. We have used the bank for several years with a number of insurance and investment products. They have consistently performed well on our behalf.
USAA proactively contacts me about critical issues and it helps me to get aware of the issue. I Am satisfied with the kind of interaction they have with me
State Farm
I have used State Farm for many years and have never had a bad experience. I have also used them for renters insurance.
Progressive is mostly straightforward; you pay your monthly premium and for the services you receive. With this being said, I would not recommend Progressive to anyone else because there is a lack of loyalty toward existing customers.
Liberty Mutual
Liberty Mutual was so easy to work with when I was switching my insurance to them. The woman on the phone was so helpful and knowledgeable. She answered all my questions succinctly and pleasantly.
Citizens Property Insurance
We picked Citizens specifically because we could bundle our homeowners, auto, as well as a landlord policy, which was not easy to do with other providers. Given that, I’m very happy with them.
State Farm
Great customer service every time i call my local agent's office. i call every month to pay my bill over the phone and always get exceptional service.
Each year our rates seem to increase slightly and given the amount of time that we have remained loyal customers with very few claims, i believe we should have more loyalty discounts available to us.
The customer service team there is top notch. we were involved in an accident recently, and they have been nothing short to helpful and reliable.
I do not like having to wait on hold on the phone when I have an issue. It takes too long and it can be very time-consuming.
I wish there were different level options of insurance than just the 2 they offered me. the options need to be extended.
I don't have any complaints yet, I genuinely am satisfied with the services that I pay for through them along with their customer service.
We moved from a city to a rural area and our premium doubled. My goal for 2018 is to get quotes from other insurance companies.
State Farm
The website is easy to use. I can log into my account and find the information that I am looking for without having to call anyone.
I like USAA because they are reliable, have fast response times, and they have excellent customer service. The staff is always helpful and friendly and I feel that they go above and beyond for their customers.
Assurant Specialty Property
I don't really know - when I bought my house this policy was what Wells Fargo offered me and I just took it. It is quite possible there is something cheaper available, I wouldn't know.
State Farm
I like that I can go on there and get my agents information when needed. I like that all of the phone numbers I need to submit a claim on are on the website. I also like that I can make a payment on their website as well.
They don't bug me all the time with sales pitches. They keep enough interaction to let me know products/services are available but leave it up to me to pursue it beyond that.
Farmer's Insurance
The company could be much more high tech than they are. I want a good mobile app that allows me to look and do everything home insurance related easily. Additionally, the premium could be better.
I'm sad that they're exclusive to the military, former military, and children of the military. I wish they would use their business model and open a separate company for non-military.
Farmer's Insurance
They are an Established company, with a good track record.
State Farm
It provides the coverage I need at a price I can afford, and I always have someone who is willing to answer my questions.
I would recommend this company to others who are eligible because as I stated before they are a fairly military and family on exclusive form of insurance and bank. I would recommend them because their rates are good and their customers service is great as well as a fair deductible.
Assurant Specialty Property
The online quoting tool is the easiest to use, most comprehensive and among the most efficient. The agent finder tool provides the information you need to choose a great local agent to help you get the best coverage possible.
State Farm
I like Using Statefarm as my home insurance provider because overall they offer a very good coverage with quality customer service.
If any person has the ability to use USAA - which is open to military family - they really need to look into it - options from insurance on your home at lower rates than others in your area is ideal.
People's Trust Insurance
Sometimes it's usually incomprehensible
People's Trust Insurance
Reps have lots of knowledge about their product and offer one on one understanding of it
Florida Farm Bureau Insurance
Overall I like this company as I live in Florida and it is difficult to find homeowners insurance at all. I have had this company for 2 years which means they have consistently offered me competitive rates.

Palm Bay, FL Homeowners Insurance By Home Value

Palm Bay, FL Home Value Total Homes % of Total Average Palm Bay, FL Homeowners Insurance
Less than $50,000 1,597 5.0% $228
$50,000 to $59,999 846 3.0% $491
$60,000 to $69,999 1,678 6.0% $606
$70,000 to $79,999 1,856 6.0% $709
$80,000 to $89,999 2,268 8.0% $800
$90,000 to $99,999 2,153 7.0% $892
$100,000 to $124,999 4,332 15.0% $1041
$125,000 to $149,999 3,312 12.0% $1304
$150,000 to $174,999 3,949 14.0% $1532
$175,000 to $199,999 2,185 7.0% $1773
$200,000 to $249,999 1,922 6.0% $2139
$250,000 to $299,999 790 2.0% $2608
$300,000 to $399,999 704 2.0% $3317

Top Home Insurance Agents Near Palm Bay, FL

Home Insurance Company Near Palm Bay, FL Homeowners Insurance Agency Near Palm Bay, FL Address
NA Brown & Brown Of Florida, Inc. 7341 Office Park Place Ste 202A , Melbourne, FL, 32940
Travelers Brevard Insurance & Marketing 3201 N ATLANTIC AVE, COCOA BEACH, FL, 32931
State Farm Lois Kennedy 1676 Us Highway 1, Sebastian, FL, 32958-1604
State Farm Michael Moore 9161 Narcoossee Rd Ste 207, Orlando, FL, 32827-5764
State Farm Ron Siegel 1615 E Vine St, Kissimmee, FL, 34744-3721

Palm Bay, FL Home Insurance Agents for Top Companies

Cost Of Homeowners Insurance By Street Near Palm Bay, FL

Streets in Palm Bay Area Homeowners Insurance Cost
Bridgeport Ave NW, la Coco St SW, San Antonio Ave SW, Gould Ave SW, Hardin Ln NE, Amberg Ave NW, Valcourt St NW, Dresden St NW, Frankford Ave NW, Falk Ter SE$1,150
Belvedere Rd NW, Bali St SE, Atz Rd, O Hara Ave, Sexton Rd SW, Fallon Blvd NE, Cooke Ave, Emerson Dr NE, Waco Blvd SE, Washington St$1,146
Kahler Ln, Moss Rose Ave, Savannah St SE, Kent St NE, Fort Pierce St SW, Willow Dr, Ipswich St NW, Pelican Dr NE, Corinne Ave SE, Walker St SE$1,230
Sanford St SW, Ida Ct NW, Frantz Ave, Howell Ln, Gillott St NW, Ashboro Cir SE, Tilden Rd SE, Joshua Dr NE, Teak Rd SE, Havre St NW$1,152
Antigua St NE, Mascot St NE, Hamilton Ave SW, Gera Ave NW, Mermaid Ave SE, Kosuth Rd NE, Dwyer Pl NE, Higgs Ave NW, Gagman St NW, Mercury Ave SE$1,148
Cleaves St SE, Berry Ct, Hunter Ln, Nord Ct NE, Badger Dr NE, Gimlet St NW, Pemberton Trl, Sand Gulley Dr, Weschester Rd SE, Parade St SE$1,156
Sheafe Ave NE, Quimper Ave SE, Swanna Dr, Westport St SE, Montrose St SE, Reef Pl, Roger Ave NW, Micco St SW, Waverly Ave SE, Soria Ave SW$1,148
Emerson Dr SE, Indian River Dr NE, Cogan Dr SE, Jarvis St NW, Saladino St SE, Hield Rd NW, Fort St NW, Gadsden Ave NW, Alvarado Ave SE, Snowbird Ave NW$1,138
Barker St NE, Palm Place Dr NE, Gambo St SW, Zaminder St NW, Londale Ave, Forgal Ave NE, Toy St SE, Fondulac St, Smith Ln, Gibbs Rd SW$1,150
Haleybury St SW, W Malabar Rd, Old Rd SW, Gordon Rd NW, Trapp Ave SE, Labra Rd, Epping Ct NE, Tucson Rd SW, Norbert Rd NE, Adventure Ave NW$1,151

Palm Bay, FL Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Palm Bay$171 to $173
West Melbourne$175
Melbourne Village$180

Palm Bay, 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
West Melbourne city, Florida $147 $195 $293
June Park CDP, Florida $147 $195 $293
Grant-Valkaria town, Florida $154 $205 $307

Palm Bay, 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
Palm Bay, FL7.8%26.9%
West Melbourne6.42%22.0%
June Park6.74%23.31%

Palm Bay Renters Insurance as a Percentage of Rent

Palm Bay Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 181 2.0% $1244
$500 to $749 1,490 17.0% $1919
$750 to $999 3,317 38.0% $2669
$1,000 to $1,499 3,086 35.0% $3794
$1,500 or more 521 6.0% $5444

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

Home value ($) Age of home (years) Wind mitigation Company Average homeowners insurance premium ($)
150,000 27 NO American Integrity Insurance $3,459
150,000 27 NO American Traditions Insurance $3,099
150,000 27 NO Citizens Property Insurance $2,844
150,000 27 NO Florida Family Insurance $2,436
150,000 27 YES Florida Farm Bureau Casualty Insurance $1,028
150,000 27 YES Florida Peninsula Insurance $1,327
150,000 27 YES Liberty Mutual Fire Insurance $1,730
300,000 12 NA Auto Club Insurance $2,845
300,000 12 NA Southern Fidelity Insurance $3,149
300,000 12 NA United Property & Casualty Insurance $3,004

Palm Bay, FL Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Yearly Palm Bay Homeowner Insurance Premium Example $3,200$2,200
Out of Pocket Expense During Claim$700$7,700
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $26,300$25,300
Net Savings to Palm Bay Home Owner from High Deductible Plan $1,000

Palm Bay, FL Home Insurance Costs With Home Replacement Value Scenarios

Scenario Palm Bay, FL Home Replacement Value MORE than Home Value Palm Bay, FL Home Replacement Value LESS than Home Value
Replacement Value $133,500 $93,000
Insurance Premium based on Replacement Value $2,925 $2,050
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $17,500 Risk Exposure from Under Insuring Coverage is $23,000
Premium Impact Insurance cheaper by $500/year Insurance costlier by $375/year

Example Palm Bay Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceState FarmChubb Group of Insurance
Monthly Premium 143209410
Year Built 198419962007
Home Details 3 Beds, 2 Baths4 Beds, 1 Baths5 Beds, 3 Baths
Coverage Amount $125000-$150000$125000-$150000$300000-$350000
Deductible $2500-$5000 Deductible$500 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Palm Bay, FL from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2004 255,000 Composition Roof 3,070 4 $500 Deductible 380 1 Wood siding yes
1999 125,000 Shingles Roof 1,980 3 $500- $1000 Deductible 420 2 Vinyl siding No
2013 145,000 Shingles Roof 1,650 3 $500 Deductible 210 1 Stone Siding No
1983 285,000 Shingles Roof 3,840 5 $500 Deductible 720 2 Fiber-Cement Siding yes
2001 135,000 Slate Shingles Roof 1,570 5 $2500-$5000 Deductible 470 3 Brick siding No
1985 200,000 Tile Roof 3,160 5 > $10,000 Deductible 1530 7 Stone Siding yes
1999 145,000 Composition Roof 2,170 5 $2500-$5000 Deductible 190 1 Wood siding yes
1986 210,000 Metal Roof 2,940 5 $1000-$2500 Deductible 1670 5 Stucco siding No
1988 230,000 Asphalt Shingles Roof 2,490 4 $2500-$5000 Deductible 610 2 Vinyl siding yes
2010 430,000 Metal Roof 4,700 5 > $10,000 Deductible 1170 4 Wood siding yes
2011 140,000 Composition Roof 1,580 5 $2500-$5000 Deductible 1910 10 Stone Siding yes
2011 175,000 Tile Roof 2,300 3 $500- $1000 Deductible 3080 9 Wood siding yes
1981 175,000 Tile Roof 1,950 3 $1000-$2500 Deductible 3120 12 Stone Siding yes
2003 180,000 Wood Shake Roof 2,230 3 $1000-$2500 Deductible 430 2 Vinyl siding No
2011 155,000 Wood Shake Roof 1,700 4 $500- $1000 Deductible 2750 9 Brick siding yes
1985 185,000 Metal Roof 2,460 5 $500- $1000 Deductible 1220 4 Vinyl siding No
2014 135,000 Shingles Roof 1,990 3 $1000-$2500 Deductible 1510 7 Stucco siding yes
2010 140,000 Composition Roof 1,900 3 $500- $1000 Deductible 1660 9 Vinyl siding No
1980 215,000 Slate Shingles Roof 3,240 5 $500 Deductible 2910 9 Brick siding yes
1991 95,000 Shingles Roof 1,250 3 $1000-$2500 Deductible 360 2 Stone Siding No
2005 115,000 Wood Shake Roof 1,820 3 $500 Deductible 1340 6 Stucco siding No
1987 120,000 Wood Shake Roof 1,820 3 $500- $1000 Deductible 1170 8 Vinyl siding No
2014 110,000 Tile Roof 1,610 4 $500 Deductible 1160 7 Brick siding No
2010 295,000 Composition Roof 3,980 5 $1000-$2500 Deductible 3300 9 Vinyl siding yes
1990 320,000 Metal Roof 4,040 5 $2500-$5000 Deductible 690 2 Fiber-Cement Siding No
1998 205,000 Shingles Roof 3,170 4 $500 Deductible 3220 12 Stone Siding yes
1982 155,000 Composition Roof 2,480 4 $500 Deductible 480 2 Brick siding No
2007 205,000 Tile Roof 2,850 4 $1000-$2500 Deductible 210 1 Wood siding No
2002 180,000 Wood Shake Roof 2,510 5 $1000-$2500 Deductible 1280 6 Fiber-Cement Siding yes
2009 245,000 Tile Roof 3,090 4 $1000-$2500 Deductible 5390 12 Stone Siding No
1988 265,000 Slate Shingles Roof 3,354 4 $500- $1000 Deductible 940 2 Stone Siding No

How To Make Your Palm Bay, FL Home Insurance Cheaper

How Much Does Palm Bay, FL Home Insurance Cost?