Vero Beach ,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 Vero Beach, 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 Vero Beach, FL is $1982. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Vero Beach, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Vero Beach, FL.
Coverage Level | Average Annual Premium |
---|---|
$100,000 | $793 |
$200,000 | $1,348 |
$300,000 | $1,665 |
$400,000 | $2,537 |
$500,000 | $3,191 |
Home insurance costs in Vero Beach 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 |
---|---|
032968 | $1,917 |
32967 | $1,912 |
32960 | $1,836 |
32962 | $1,817 |
32966 | $1,845 |
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 Vero Beach, FL, and how to choose the right one for your needs.
Deductible Level | Average Annual Premium |
---|---|
$500 Deductible | $2,032 |
$1000 Deductible | $1,817 |
$1500 Deductible | $1,714 |
$2500 Deductible | $1,546 |
$5000 Deductible | $1,308 |
Home Insurance Company Near Vero Beach, FL | Homeowners Insurance Agency Near Vero Beach, FL | Address |
---|---|---|
NA | Hub International- Florida | 6767 North Wickham Rd 400Y , Melbourne, FL, 32940 |
NA | Aaa Insurance Agency | 1971 S Us Highway 1 , Fort Pierce, FL, 34950 |
Travelers | Acg South Insurance Agency Llc | 6650 20TH ST, VERO BEACH, FL, 32966 |
Travelers | Axxess Insurance | 3270 SUNTREE BLVD STE 103, MELBOURNE, FL, 32940 |
Allstate | Roy Childs | 1707 NW Federal Hwy, Stuart, FL, 34994 |
Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
---|---|---|---|
Winter Beach CDP, Florida | $181 | $241 | $362 |
Indian River Shores town, Florida | $220 | $293 | $440 |
Gifford CDP, Florida | $181 | $241 | $362 |
Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
---|---|---|
Vero Beach, FL | 6.7% | 19.1% |
Winter Beach | 6.15% | 16.12% |
Indian River Shores | 3.61% | 12.21% |
Gifford | 7.26% | 17.93% |
Vero Beach Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
---|---|---|---|
$200 to $299 | 185 | 1.0% | $786 |
$300 to $499 | 758 | 6.0% | $1236 |
$500 to $749 | 2,920 | 24.0% | $1911 |
$750 to $999 | 3,827 | 32.0% | $2661 |
$1,000 to $1,499 | 2,792 | 23.0% | $3786 |
$1,500 or more | 1,151 | 9.0% | $5436 |
Streets in Vero Beach Area | Homeowners Insurance Cost |
---|---|
109th Pl, Lake Rose Blvd, 38 Sq SW, 22nd Ave, Orangewood Ln, 56th Ave, Bridge Blvd, Port Royal Ct, 79th Ct, Greenleaf Cir | $1,158 |
N Savannah Pl, Stophan Dr, Orchid Point Way, W Sandpointe Ln, Salazar Ln, 18th Ave SW, 55th St, Southwinds Blvd, Spire Ave, Treasure Coast Plz | $1,489 |
Bay Oak Cir, Barber Ave, Potomac Ave, Acorn Ter, Seaway Ct, Kendall Ave, Browning Ter, 43 Ter SW, Wittington Ave, Dove Shell Ln | $1,432 |
7th Ave, Coral Reef St, Surfside Ln, Airport Dr W, Fairfield Ln, 3rd Ln SW, Waterford Dr, 7th Ave SE, 42nd Ln, Monarch Way | $1,167 |
S Maiden Ln, Jonathans Trl, 71st Ave, 7th Ln, Barbados Sq, Floraland Ave, Albany Ter SW, Arbor Ln, 4th Pl, Mainsail St | $1,198 |
Westwind Ct, Coral Way S, Club Dr, Tides Rd, Cownie Ln, 56th St, Island Club Pl, Roland Miller Dr, 15th St SW, Kroegel Ave | $1,479 |
Oswego Ave, Riverside Dr, Twining Ter, 17th Ave SW, Palmetto Ave, 45th St, Indian River Dr E, Oak Hammock Cir SW, Belvedere Trl, Streamlet Ave | $1,486 |
67th Ave, Cordova Ave, Abbott Ln, Oak Harbor Blvd, 82nd St, 39th Ave SW, 133rd Sq, 81st Ave, Caprol Ln, 65th Ave | $1,159 |
E Derry Dr, Brigadoon Dr, Abeto Ter, 130th St, 3rd Pl, 60th Dr, Joan Ln, Indian Ln, Cross Ct, 83rd St | $1,126 |
44th Ct, Shady Oak Way, Indian Creek Blvd E, Balboa Ave, 46th Ln, Seaside Ter, 9th Trl SW, E Cam del Rio, Greytwig Rd, 23rd Pl SW | $1,147 |
Place | Savings For Senior Occupied Homes |
---|---|
Vero Beach | $175 to $178 |
Winter Beach | $181 |
Indian River Shores | $220 |
Gifford | $180 |
Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
---|---|---|---|---|
150,000 | 27 | NO | Federated National Insurance | $4,287 |
150,000 | 27 | NO | Florida Farm Bureau Casualty Insurance | $4,603 |
150,000 | 27 | NO | Florida Peninsula Insurance | $3,856 |
150,000 | 27 | YES | Castle Key Indemnity Company Insurance | $1,806 |
150,000 | 27 | YES | Safeway Property Insurance | $1,855 |
150,000 | 27 | YES | Security First Insurance | $1,476 |
150,000 | 27 | YES | State Farm Florida Insurance | $1,864 |
150,000 | 27 | YES | Tower Hill Prime Insurance | $1,403 |
150,000 | 27 | YES | United Property & Casualty Insurance | $1,637 |
300,000 | 12 | NA | Citizens Property Insurance | $3,405 |
300,000 | 12 | NA | First Protective Insurance | $2,268 |
300,000 | 12 | NA | Florida Family Insurance | $3,261 |
300,000 | 12 | NA | Florida Peninsula Insurance | $3,425 |
300,000 | 12 | NA | Security First Insurance | $3,629 |
300,000 | 12 | NA | Southern Oak Insurance | $3,812 |
300,000 | 12 | NA | Universal Insurance | $4,624 |
Low Deductible | High Deductible | |
---|---|---|
Deductible | $1,400 | $2,400 |
Yearly Vero Beach Homeowner Insurance Premium Example | $7,300 | $7,100 |
Out of Pocket Expense During Claim | $1,400 | $2,400 |
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $59,800 | $59,200 |
Net Savings to Vero Beach Home Owner from High Deductible Plan | $600 |
Scenario | Vero Beach, FL Home Replacement Value MORE than Home Value | Vero Beach, FL Home Replacement Value LESS than Home Value |
---|---|---|
Replacement Value | $160,000 | $99,500 |
Insurance Premium based on Replacement Value | $3,000 | $1,875 |
Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $38,500 | Risk Exposure from Under Insuring Coverage is $22,000 |
Premium Impact | Insurance cheaper by $400/year | Insurance costlier by $725/year |
Insurance Company | GEICO Insurance | Chubb Group of Insurance | Liberty Mutual |
Monthly Premium | 237 | 226 | 277 |
Year Built | 2014 | 1985 | 2007 |
Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 3 Baths |
Coverage Amount | $200000-$250000 | $200000-$250000 | $200000-$250000 |
Deductible | $5000 to $10,000 Deductible | > $10,000 Deductible | $5000 to $10,000 Deductible |