Updated: November 27, 2024
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In Miramar, FL, State Farm is the best overall and cheapest choice for home insurance. For excellent customer service, Chubb is the best.
These companies cater to different needs, so choose based on what's important to you. Factors like price, coverage options and service quality are important in choosing the best cheap home insurance.
Best HomeInsuranceMiramar, FLTable of Contents
Why Trust MoneyGeek? We used Florida's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Miramar, ensuring our recommendations are backed by data and standards.
Home insurance premiums in Miramar represent the most competitive rates as of September 2024.
MoneyGeek found that State Farm is the best option for home insurance in Miramar, FL, with a MoneyGeek score of 93 out of 100 for $100K dwelling coverage.
The scores for home insurance companies in Miramar range from 38 to 93. These figures reflect MoneyGeek's scoring system, which can vary based on factors such as your credit history and the age of your home.
| State Farm | 93 | $415 |
| Nationwide | 90 | $1,279 |
| Allstate | 77 | $2,941 |
| Florida Peninsula Insurance | 68 | $5,674 |
| Chubb | 63 | $10,350 |
| ASI | 62 | $4,451 |
| Heritage Insurance | 56 | $5,699 |
| Universal Property | 38 | $10,526 |
MoneyGeek found that State Farm is the best home insurance option in Miramar, FL, for $100K dwelling coverage. The two best companies in Miramar for the same dwelling coverage are:
State Farm stands out because it offers affordability and strong customer satisfaction. In Miramar, various companies offer different cost and service experiences. While cost is important, consider other factors like customer service and claims handling, which can become crucial when making a claim.
State Farm scores high in affordability and customer satisfaction, making it a top choice for home insurance. It offers comprehensive coverage with scheduled personal property and building ordinance or law. The latter helps with costs when upgrading your home to meet new codes, while the former protects valuable items like cameras or sports equipment.
Homeowners can save with roof replacement cost and wind mitigation discounts, which help when replacing a roof and meeting certain building standards, respectively.
MoneyGeek found that Chubb offers the best customer service in home insurance in Miramar for $100K dwelling coverage. If you're looking for top coverage options in this range, consider the following choices:
Chubb has exceptional customer satisfaction and extensive coverage options. The company's high rating is mainly due to its focus on customer needs, ensuring you are well-protected. Excellent home insurance service is marked by responsive support, clear policies and a commitment to effectively addressing customer concerns.
Chubb stands out for its high customer satisfaction and coverage, earning it a high MoneyGeek score. It offers comprehensive home insurance with guaranteed replacement cost and building ordinance or law coverages. It also provides cash settlement, which is useful if you decide not to rebuild after a loss.
You can save with discounts like new home and home renovation. These discounts help when your home is new or recently renovated.
MoneyGeek found that State Farm is the best cheap home insurance option in Miramar, FL. The top two cheapest homeowner insurance companies for $100K dwelling coverage are:
State Farm stands out for balancing affordability and satisfaction. Note that cheap home insurance could mean less coverage, saving you money but not fully protecting your home in a disaster. In cases where saving on premiums is key, consider the cheapest companies or learn the average cost of homeowners insurance in Florida. Best cheap means affordable yet reliable, unlike just opting for the absolute lowest price without other considerations.
State Farm is the best cheap company with high scores in affordability and satisfaction. It offers comprehensive home insurance with coverages like scheduled personal property and building ordinance or law, which helps pay for when your home needs updates to meet current codes. There's also a back-up of sewer or drain coverage to fix water damage from backed-up sewers and mold coverage to protect against mold damage.
You can save with discounts like having protective devices or bundling your home and auto insurance.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 10, 2024
Homeowners insurance in Miramar is influenced by factors like location. Comparing rates can save money but may take over an hour, spending up to 15 minutes per company. MoneyGeek's home insurance calculator helps save instantly by highlighting key factors. Just enter your age, coverage details, credit score, deductible, liability coverage and a few other factors for a rate estimate.
State Farm is the best option for homeowners insurance in Miramar. The major element impacting insurance costs is the dwelling coverage you choose.
State Farm is the cheapest in Miramar due to its low cost for $100K, $250K and 500K coverage. Purchasing the cheapest homeowners insurance in Florida can help manage your financial responsibilities more effectively.
| State Farm | $415 |
| Nationwide | $1,279 |
| Allstate | $2,941 |
| ASI | $4,451 |
| Florida Peninsula Insurance | $5,674 |
| Heritage Insurance | $5,699 |
| Chubb | $10,350 |
| Universal Property | $10,526 |
State Farm is the most affordable option for insuring high-value homes in Miramar. High dwelling coverage is crucial for homes that cost more to replace, and home insurance costs go up as replacement costs rise.
The company ranks the cheapest due to its lower costs than other providers. While it is the most affordable, other companies might have higher overall scores.
| State Farm | $1,683 |
| Nationwide | $8,534 |
| ASI | $26,968 |
| Allstate | $29,445 |
| Heritage Insurance | $45,973 |
| Florida Peninsula Insurance | $46,288 |
| Universal Property | $55,282 |
| Chubb | $76,165 |
State Farm offers the most affordable home insurance for new homes in Miramar, FL.
The company stands out in Miramar for its cost-effectiveness, providing low premiums for homeowners without compromising coverage options. Even though it might be the most affordable, it may not be the best choice according to overall satisfaction ratings. When choosing home insurance, ensure you are adequately covered to protect your investment.
| State Farm | $200 |
| Nationwide | $636 |
| Allstate | $1,169 |
| ASI | $1,566 |
| Heritage Insurance | $2,848 |
| Florida Peninsula Insurance | $3,485 |
| Universal Property | $5,565 |
| Chubb | $6,817 |
The best affordable homeowners insurance providers balance quality and cost, offering great customer service and coverage with affordable premiums. However, consider important factors like location, coverage options and personal needs, too. Follow these steps to get the best cheap home insurance:
To determine how much home insurance coverage you need, consider the specifics of your home in Miramar. Think about rebuilding costs, personal property value and liability requirements.
Look into insurance companies operating in Miramar. Check for financial stability, positive customer reviews and a history of quality service.
After identifying your coverage needs, compare home insurance quotes. In Miramar, $100K dwelling coverage premiums can range from $415 to $10,526 annually.
Inquire with each provider about discounts you may qualify for, such as bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can afford in case of a claim.
Enhancing your home's security with systems and strong locks can lower its risk profile and potentially decrease insurance costs.
Keep a good credit score, as it can influence your insurance rates in Miramar. Pay bills on time and minimize outstanding debts.
Consider combining your homeowners insurance with other policies like auto insurance for possible discounts and savings.
The best cheap home insurance provider in Miramar depends on how much coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Miramar, FL.
The average cost of home insurance in Miramar is $3,933.
The cheapest home insurance company in Miramar is State Farm, with an annual premium of $415.
The best home insurance in Florida for Miramar residents is from State Farm, with a MoneyGeek score of 93 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
