In Cape Coral, State Farm offers the best home insurance with a strong balance of affordability, customer service and coverage options. If you're focused on cost, State Farm provides the lowest premium at an average rate of $201 per month.
Cheap Home Insurance in Cape Coral
Updated: June 11, 2025
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Key Takeaways
For homeowners in Cape Coral, State Farm provides the best overall value while being the cheapest provider with an average rate of $2,414 per year.
Home insurance in Cape Coral costs an average of $640 per month, adding up to $7,679 per year for most residents.
To find the best and cheapest home insurance in Cape Coral, assess your coverage needs, research providers and compare multiple quotes thoroughly.
Best Cheap Home Insurance Companies in Cape Coral
| State Farm | 93 | $201 | $2,414 |
| Nationwide | 90 | $296 | $3,552 |
| Florida Peninsula Insurance | 77 | $487 | $5,839 |
| Chubb | 72 | $978 | $11,731 |
| Allstate | 72 | $612 | $7,343 |
*Rates are for a 2,500-square-foot home with $250,000 in dwelling coverage and a $1,000 deductible, built in 2000.
How Much Does Cape Coral Home Insurance Cost?
Home insurance rates in Cape Coral vary widely based on your personal profile, coverage level and home details. Costs range from $135 to $2,289 monthly. Below, you can explore personalized rates tailored to your home's age and coverage level.
Data filtered by:Results filtered by:
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Age of Home:Newer Home
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Coverage Level:$100K Dwelling / $50K Personal Property / $100K Liability
| $100K Dwelling / $50K Personal Property / $100K Liability | $135 | $1,620 |
How to Get the Best Cheap Home Insurance in Cape Coral
Finding affordable home insurance in Cape Coral can be challenging. We've created a step-by-step guide to help you find the best affordable coverage for your needs.
- 1
Decide on Coverage Beforehand
Determining your home insurance coverage needs beforehand allows you to compare quotes easily and prevents you from being oversold by agents.
- 2
Research Cost and Discounts
Researching average home insurance costs in Florida for your city and profile can help you gauge potential savings. Understanding what discounts you may qualify for will help you find companies that offer them, leading to lower rates.
- 3
Compare Company Offerings and Reputations
In addition to cost research, understand what add-on coverages companies offer and their reputations for handling claims, agent service, policy management and buying processes. Great resources for this include J.D. Power, the NAIC, forums like Reddit, and user review sites like Trustpilot.
- 4
Compare Many Quotes Through Multiple Means
Comparing multiple quotes from various companies helps you identify the best option for you. Pricing also varies depending on where you get your quote, so we recommend getting quotes through online tools, independent agents and captive agents to ensure you find the lowest price.
Best Home Insurance in Cape Coral: Bottom Line
The top three best and cheapest home insurance providers in Cape Coral are State Farm, Nationwide and Florida Peninsula. While these are our recommendations, conduct your own research and compare multiple quotes to find the best coverage for your specific needs.
Cape Coral Home Insurance: FAQ
Below, we answer common questions about home insurance options for residents of Cape Coral.
Who offers the best home insurance in Cape Coral?
State Farm is the top home insurance provider in Cape Coral, offering low rates, excellent customer service and a wide range of optional coverages. Additionally, consider getting quotes from Nationwide, Florida Peninsula, Chubb and Allstate.
Who has the cheapest home insurance in Cape Coral?
State Farm has the most affordable home insurance in Cape Coral, costing about $201 per month or $2,414 annually for the average homeowner. Rates can vary widely depending on your coverage level and home characteristics.
What does home insurance cost in Cape Coral?
Home insurance costs in Cape Coral range from $1,620 to $27,469 annually, varying by coverage level and the age of the home.
How We Decided the Best Cheap Home Insurance Companies in Cape Coral
MoneyGeek’s study analyzed home insurance premiums from 10 companies in Cape Coral. The data used was provided in partnership with Quadrant. The customer satisfaction scores used in this study were drawn from J.D. Power surveys. To calculate affordability scores, quotes were collected for a home with varying coverage levels.
In this analysis, MoneyGeek used a base profile for a homeowner with a 2,500-square-foot home built in 2000 with dwelling coverage of $250,000, personal property coverage of $100,000, and liability coverage of $100,000. All the policies had the same deductible of $1,000.
Other quotes were also collected for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles, and poor credit scores.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.