Sarasota ,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 Sarasota, 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 Sarasota, FL is $2026. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Sarasota, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Sarasota, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $810 |
| $200,000 | $1,378 |
| $300,000 | $1,702 |
| $400,000 | $2,593 |
| $500,000 | $3,262 |
Home insurance costs in Sarasota 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 |
|---|---|
| 034236 | $2,251 |
| 34240 | $2,030 |
| 34241 | $1,975 |
| 34243 | $1,923 |
| 34239 | $1,936 |
| 34233 | $1,913 |
| 34235 | $1,887 |
| 34237 | $1,842 |
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 Sarasota, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,077 |
| $1000 Deductible | $1,858 |
| $1500 Deductible | $1,752 |
| $2500 Deductible | $1,580 |
| $5000 Deductible | $1,337 |
| Home Insurance Company Near Sarasota, FL | Homeowners Insurance Agency Near Sarasota, FL | Address |
|---|---|---|
| NA | Aa Insurance Central | 3704 Us Hwy 301 Ste 2, Ellenton, FL, 34222 |
| NA | Artisan Insurance Group, Inc. | 1102 Lithia Pinecrest Rd, Brandon, FL, 33511 |
| NA | Secur-All Agency, Inc. | 510 Bay Isles Road Suite E , Longboat Key, FL, 34228 |
| Travelers | M E Wilson Co Inc | 300 W Platt St, TAMPA, FL, 33606 |
| Travelers | Newsome And Associates | 325 N BELCHER RD 2ND FL, CLEARWATER, FL, 33765 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Fruitville CDP, Florida | $149 | $198 | $297 |
| Sarasota Springs CDP, Florida | $145 | $193 | $289 |
| Lake Sarasota CDP, Florida | $147 | $196 | $294 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Sarasota, FL | 5.9% | 17.5% |
| Fruitville | 5.88% | 21.49% |
| Sarasota Springs | 6.73% | 20.55% |
| Lake Sarasota | 6.02% | 24.71% |
| Sarasota Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 268 | 1.0% | $331 |
| $200 to $299 | 392 | 1.0% | $781 |
| $300 to $499 | 765 | 3.0% | $1231 |
| $500 to $749 | 2,986 | 13.0% | $1906 |
| $750 to $999 | 6,013 | 27.0% | $2656 |
| $1,000 to $1,499 | 7,605 | 35.0% | $3781 |
| $1,500 or more | 3,490 | 16.0% | $5431 |
| Streets in Sarasota Area | Homeowners Insurance Cost |
|---|---|
| Clematis St, S Owl Dr, Wilkinson Woods Dr, Secretariat Way, Cll de Rio, Juniper Pl, Pinecrest Way, W Milmar Dr, Palmadelia Ave, Marlborough Pl | $1,154 |
| Miguel Ln, Irving St, Colt Ln, Highland St, Medici Ct, Center Pl, Sunnyside Ct, Mill Ter, Aruba Pl, Greendale Dr | $1,202 |
| Columbus Blvd, Sunnydale Cir N, Spring Oaks Cir, S Lake Shore Dr, Mourning Dove Dr, Bucida Dr, Aventura Dr, Sylvan Lea Dr, Hamlets Blvd, Arch Way | $1,327 |
| Yellow Wood Pl, Middle Ave, Clover Ln, Espanola Ave, Patty Way, Chrysler Ave, Stonehaven Ln, Riviera Dr, Bradford Way, Gold Trees Way | $1,175 |
| Ainsley Pl, Winslow Beacon, W Paulstan Ct, Florida Ave, Mahony Ln, Bon Air Ave, Georgetowne Cir, Origami Ln, 44th St, Oriole Dr | $1,222 |
| Hina Dr, Freeman Ave, Bruce Ln, Harold Ave, Cipriani Way, Paota Pl, Glen Elyn Blvd, Three Oaks Blvd, Trentwood Pl, Systems Ct | $1,173 |
| Burns Ct, S Links Ave, Leisure Pl, Washington Ct, Herons Run Dr, Sesame St, Briar Creek Way, Piper Pl, Whitegate Ct, Garfield Dr | $1,193 |
| Waldemere St, Cattlemen Ln, Hamlet Grove Dr, 36th St, Dudley Pl, Kestral Park Ter, Monroe Dr, Church Ave, Gocio Rd Exd, Magnolia St | $1,140 |
| Hancock Ave, W Rainbow Cir, N Leewynn Dr, Elizabeth Ave, Whisperwood, Bay Rd, Quail Hollow St, Pomelo Pl, Lei Dr, Asbury Pl | $1,203 |
| Alden Way, Hollingsworth Ave, 2nd Ct, Dodge Ave, Palonia Ct, Brewer Pl, Glendale Cir W, Mound St, Ingram Ave, Tremont St | $1,185 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Sarasota | $178 to $181 |
| Fruitville | $178 |
| Sarasota Springs | $173 |
| Lake Sarasota | $176 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | NO | First Community Insurance | $2,762 |
| 150,000 | 27 | NO | Liberty Mutual Fire Insurance | $2,581 |
| 150,000 | 27 | NO | Stillwater Property And Casualty Insurance | $2,625 |
| 150,000 | 27 | YES | Federated National Insurance | $1,252 |
| 150,000 | 27 | YES | Liberty Mutual Fire Insurance | $1,315 |
| 150,000 | 27 | YES | Southern Oak Insurance | $1,574 |
| 150,000 | 27 | YES | Tower Hill Preferred Insurance | $1,693 |
| 150,000 | 27 | YES | Universal Insurance | $1,203 |
| 300,000 | 12 | NA | Safeway Property Insurance | $2,400 |
| 300,000 | 12 | NA | Stillwater Property And Casualty Insurance | $1,748 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,200 | $2,200 |
| Yearly Sarasota Homeowner Insurance Premium Example | $5,700 | $5,200 |
| Out of Pocket Expense During Claim | $1,200 | $2,200 |
| Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim | $18,300 | $17,800 |
| Net Savings to Sarasota Home Owner from High Deductible Plan | $500 | |
| Scenario | Sarasota, FL Home Replacement Value MORE than Home Value | Sarasota, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $137,000 | $102,500 |
| Insurance Premium based on Replacement Value | $2,275 | $1,700 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $21,000 | Risk Exposure from Under Insuring Coverage is $13,500 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $350/year |
| Insurance Company | GEICO Insurance | State Farm | Allstate |
| Monthly Premium | 186 | 283 | 279 |
| Year Built | 1995 | 2010 | 1989 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $100000-$125000 | $150000-$175000 | $200000-$250000 |
| Deductible | $500- $1000 Deductible | $500- $1000 Deductible | $2500-$5000 Deductible |