Pembroke Pines ,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 Pembroke Pines, 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 Pembroke Pines, FL is $2037. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Pembroke Pines, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Pembroke Pines, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $815 |
| $200,000 | $1,385 |
| $300,000 | $1,711 |
| $400,000 | $2,607 |
| $500,000 | $3,280 |
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 Pembroke Pines, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,089 |
| $1000 Deductible | $1,868 |
| $1500 Deductible | $1,762 |
| $2500 Deductible | $1,589 |
| $5000 Deductible | $1,344 |
| Home Insurance Company Near Pembroke Pines, FL | Homeowners Insurance Agency Near Pembroke Pines, FL | Address |
|---|---|---|
| NA | Arthur J Gallagher Risk Management Services, Inc. | 8333 Nw 53Rd St Ste 600 , Miami, FL, 33168 |
| NA | Apex Insurance & Investment Group | 1911 S Federal Hwy Ste 950 Delray Beach, Delray Beach, FL, 33483 |
| Travelers | Accord Insurance Network Of America Inc | 3101 N FEDERAL HWY # 300, OAKLAND PARK, FL, 33306 |
| Travelers | Cloverleaf Insurance Brokers Inc | 18314 NW 7TH AVE, MIAMI, FL, 33169 |
| Travelers | Wilson Washburn & Forster Ins | 16505 Nw 13Th Ave , Miami, FL, 33169 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Miramar-Pembroke Pines CCD, Broward County, Florida | $150 | $200 | $300 |
| Southwest Ranches town, Florida | $180 | $240 | $360 |
| Miramar city, Florida | $151 | $201 | $301 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Pembroke Pines, FL | 4.8% | 17.4% |
| Miramar-Pembroke Pines | 4.78% | 16.99% |
| Southwest Ranches | 3.66% | 12.0% |
| Miramar | 4.66% | 15.04% |
| Pembroke Pines Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 250 | 1.0% | $778 |
| $300 to $499 | 148 | 1.0% | $1228 |
| $500 to $749 | 632 | 4.0% | $1903 |
| $750 to $999 | 1,485 | 11.0% | $2653 |
| $1,000 to $1,499 | 5,799 | 43.0% | $3778 |
| $1,500 or more | 5,039 | 37.0% | $5428 |
| Streets in Pembroke Pines Area | Homeowners Insurance Cost |
|---|---|
| SW 191st Ave, Buttonwood Ave, SW 176th Ter, NW 154 Ave, Indigo St, Superior Blvd, Ontario Pl, SW 125th Way, NW 167th Ave, NW 76th Way | $1,295 |
| Eaton St, Everglades Dr, Iris Ct, NW 203rd Ter, SW 123rd Ave, 197th Ter, 142nd Ter, Sedgewyck Cir S, NW 143rd Ave, NW 199th Ter | $1,175 |
| SW 60th Ct, 156th Ave, SW 71st St, 161st Ave, Oneida Pl, 157th Ave, Sedgehill Rd, SW 114th Ave, SW 158th Way, Palm Cir | $1,292 |
| SW 168th Way, NW 21st Pl, NW 153rd Ave, Bel Aire Dr S, SW 114 Ave, NW 133rd Ave, Winkfield Way, NW 217th Ln, SW 3 St, Lance Point Pl | $1,299 |
| NW 162nd Ter, Cranberry Ct, Huron Ter, NW 169th Ave, NW 188th Ter, Epsom Ln, SW 113th Ave, Bahama Dr, SW 186th Ter, SW 95th Ter | $1,291 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Pembroke Pines | $180 to $183 |
| Miramar-Pembroke Pines | $180 |
| Southwest Ranches | $216 |
| Davie | $187 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | First Community Insurance | $5,270 |
| 150,000 | 27 | NO | Liberty Mutual Fire Insurance | $5,621 |
| 150,000 | 27 | NO | Tower Hill Select Insurance | $6,531 |
| 150,000 | 27 | YES | Florida Family Insurance | $2,297 |
| 150,000 | 27 | YES | Tower Hill Preferred Insurance | $2,835 |
| 300,000 | 12 | NA | Citizens Property Insurance | $3,176 |
| 300,000 | 12 | NA | Liberty Mutual Fire Insurance | $5,115 |
| 300,000 | 12 | NA | St. Johns Insurance | $4,437 |
| 300,000 | 12 | NA | Tower Hill Select Insurance | $3,761 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $5,900 |
| Yearly Pembroke Pines Homeowner Insurance Premium Example | $3,400 | $2,600 |
| Out of Pocket Expense During Claim | $1,900 | $5,900 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $22,300 | $21,500 |
| Net Savings to Pembroke Pines Home Owner from High Deductible Plan | $800 | |
| Scenario | Pembroke Pines, FL Home Replacement Value MORE than Home Value | Pembroke Pines, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $229,000 | $157,500 |
| Insurance Premium based on Replacement Value | $5,225 | $3,600 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $30,000 | Risk Exposure from Under Insuring Coverage is $41,500 |
| Premium Impact | Insurance cheaper by $950/year | Insurance costlier by $675/year |
| Insurance Company | GEICO Insurance | State Farm | Chubb Group of Insurance |
| Monthly Premium | 191 | 231 | 273 |
| Year Built | 1998 | 2000 | 2014 |
| Home Details | 5 Beds, 3 Baths | 3 Beds, 2 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $200000-$250000 | $250000-$300000 | $250000-$300000 |
| Deductible | $5000 to $10,000 Deductible | > $10,000 Deductible | $2500-$5000 Deductible |