In this explainer

Three thousand six hundred to five thousand eight hundred dollars a year. That is the range for the most common Florida homeowners policy in twenty twenty-six, and coverage and location move it.

Correction (October 4, 2026): the Florida average of about $4,231 a year and the “over $11,000 on the coast” mentioned in this video came from a $300,000-dwelling carrier quote survey that we could not verify, and we have removed it from our Florida study. Florida OIR’s July 2026 Stability Report puts the average homeowners premium actually charged, including wind, at $7,863 in Monroe County (the Keys) and $5,975 in Miami-Dade, against $2,191 in inland Marion County (policies in force on March 31, 2026). The narration uses the earlier figures.

General information, not professional financial, tax, legal, or insurance advice. The Dreamy Leads Research is an editorial and data team, not a licensed advisor.

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Chapters

  1. 0:00 The most common Florida homeowners policy: $3,600–$5,800 a year.
  2. 0:14 I. Price by coverage level
  3. 0:51 II. The hurricane deductible
  4. 1:13 III. Flood is separate
  5. 1:28 IV. What lowers the premium
  6. 1:46 V. Floors in Florida law
  7. 2:03 VI. Required, or not

See your Florida numbers

The figures in this explainer come from our live dataset. Explore them for your own state or metro:

Full transcript

I. Price by coverage level

The guide prices four coverage levels. A two hundred thousand dollar dwelling with minimum liability runs two thousand four hundred to three thousand two hundred a year. The common one, a three hundred thousand dollar dwelling with one hundred thousand of liability, runs three thousand six hundred to five thousand eight hundred. A coastal property of five hundred thousand or more runs seven thousand to eighteen thousand plus. Six steps and eight common questions are in the free guide.

II. The hurricane deductible

Then the deductible. A Florida hurricane deductible is not a flat dollar amount. It is two to ten percent of the dwelling limit. On a three hundred fifty thousand dollar home at five percent, the first seventeen thousand five hundred dollars of hurricane wind damage comes out of pocket.

III. Flood is separate

Flood is separate. A standard homeowners policy does not cover flood damage, and homes in FEMA flood zones A, A E, V and V E need a separate federal or private flood policy.

IV. What lowers the premium

Some things lower the bill. The guide says a wind mitigation report can reduce the premium by fifteen to forty-five percent, and opening protection, like impact windows or rated shutters, typically cuts the wind premium by twenty to thirty-five percent.

V. Floors in Florida law

Florida law sets a few floors. Insurers must pay undisputed claim amounts within ninety days, and every homeowners insurer has to offer sinkhole coverage, while catastrophic ground cover collapse is covered as standard.

VI. Required, or not

And no Florida law requires homeowners insurance, but virtually all mortgage lenders do. The full guide is free at Dreamy Leads Research. What Florida county is your home in, and what does your homeowners policy cost a year? Tell us in the comments.

Frequently Asked Questions

What is the most important coverage in a homeowners policy?

The dwelling limit - the amount that pays to rebuild your home. It should equal your rebuild cost, not your market value, and you should choose replacement-cost coverage rather than actual cash value so depreciation is not subtracted at claim time. This is general information, not advice.

Why is my homeowners insurance so expensive?

Location and catastrophe risk are the biggest drivers - in high-risk states like Florida the average is about $4,231 a year and can exceed $11,000 on the coast, partly because reinsurance runs 40 to 60 percent above the national average. Roof age, claim history, and deductible type also move the price. This is general information, not advice.

Sources