Best Homeowners Insurance Companies in Florida

State Farm ranks No. 1 in our review of the best home insurance in Florida, followed by Chubb and Nationwide.

See if you're overpaying for home insurance below.

Written by Mark Fitzpatrick

Updated: January 26, 2026

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Florida's Top Home Insurance Companies: Key Takeaways

State Farm is the best home insurance provider in Florida with a score of 4.9 out of 5 from our review team.

Chubb, Nationwide, Allstate and Florida Peninsula rank high for homeowners insurance in Florida based on affordable rates, strong customer service and reliable coverage.

The best insurer for your home depends on your coverage needs, budget and preferred features like claims service or discount availability.

Florida homeowners pay rates well below the national average. MoneyGeek analyzed premiums, J.D. Power satisfaction scores and coverage options from major insurers to find the best home insurance companies in Florida.

What Are the Best Home Insurance Companies in Florida?

State Farm ranks first for Florida homeowners with the state's lowest premiums and above-average customer satisfaction. Chubb, Nationwide, Allstate and Florida Peninsula complete the top five, excelling in areas like military-focused service, premium coverage quality and local agent networks.


State Farm	4.9	$3,727	Most Georgia homeowners
Chubb	4.7	$10,821	Military families
Nationwide	4.5	$6,309	Coverage quality
Allstate	4.4	$11,393	Local agent network
Florida Peninsula	4.2	$6,826	Specialized coverage

*Our ratings consider various combinations of coverage levels, home features and homeowner details to identify the best overall options. Rankings may differ based on your profile.

State Farm

MoneyGeek Rating

4.9/ 5

5/5Affordability

4.7/5Customer Experience

4.6/5Coverage

J.D. Power Customer Satisfaction Score
657/1,000
Average Annual Premium
$3,727

pros
- Strong financial stability with high industry ratings
- User-friendly digital tools for easy policy management
- Most affordable rates for Florida homeowners
cons
- Claims process slows during high-demand periods
- Some customers prefer more direct purchase options
- Limited add-on coverage availability in some regions
State Farm offers Florida's most affordable home insurance at $3,727 annually. The company provides hurricane damage coverage, crucial for Florida's storm-prone environment, along with personal property replacement cost coverage that allows homeowners to replace lost items at current prices.

State Farm charges $3,727 annually for home insurance in Florida, 64% less than the state average of $10,384 but above the national average of $3,467. The company offers bundling discounts for combined home and auto insurance policies and security system discounts.


Older Homes	$352	$4,223
Newer Homes	$149	$1,786
Young Homeowners	$311	$3,727
Senior Homeowners	$310	$3,722
High-Risk Fire Homes	$348	$4,176
Smaller Homes	$435	$5,225
Larger Homes	$542	$6,502

State Farm earned 657 out of 1,000 points in J.D. Power ratings, above the industry average of 642. The company operates through local independent agents and direct sales, providing flexible service options for Florida homeowners. State Farm provides strong claims support and local expertise for Florida's insurance landscape. Its online tools enable customers who prefer digital interactions to obtain quotes and manage policies.
State Farm provides standard homeowners coverage with optional add-ons:
- Hurricane damage coverage: Protection against Florida's frequent storm activity
- Personal property replacement cost: Covers belongings at current replacement prices rather than depreciated value
- Dwelling coverage: Protects your home's structure against covered perils
- Personal liability: Covers legal costs if someone is injured on your property
- Additional living expenses: Pays temporary housing costs while your home is repaired
- Medical payments: Covers minor injuries to guests regardless of fault

Chubb

MoneyGeek Rating

4.7/ 5

4.5/5Affordability

5/5Customer Experience

5/5Coverage

J.D. Power Customer Satisfaction Score
677/1,000
Average Annual Premium
$10,821

pros
- Strong financial stability with high industry ratings
- Customer satisfaction scores above industry average
- Comprehensive coverage options for diverse homeowner needs
cons
- Premium rates higher than Florida state average
- Claims processing slow for complex cases
- Limited availability in some Florida regions
Chubb offers competitive home insurance in Florida at $10,821 annually. The company provides guaranteed replacement cost coverage, rebuilding your home completely without depreciation deductions when disaster strikes. Its extensive water damage coverage addresses Florida's frequent flooding and storm-related issues.

Chubb charges $10,821 annually for home insurance in Florida, just 4% more than the state average of $10,384 but higher than the national average of $3,467. The company offers bundling discounts for multiple policies and home security system discounts.


Older Homes	$1,457	$17,480
Newer Homes	$736	$8,836
Young Homeowners	$902	$10,821
Senior Homeowners	$901	$10,814
High-Risk Fire Homes	$1,010	$12,124
Smaller Homes	$1,255	$15,063
Larger Homes	$1,555	$18,660

Chubb earned 677 out of 1,000 points in J.D. Power customer satisfaction ratings, surpassing the industry average of 642. The company operates through local independent agents who provide personalized service and knowledge of Florida's unique insurance challenges. Chubb offers coverage options for the state's hurricane and flooding risks and provides a user-friendly online platform for policy management.
Chubb provides standard homeowners coverage with optional add-ons:
- Extended replacement cost: Repairs or rebuilds your home to its original condition even when costs exceed your policy limit
- Temporary living arrangements: Helps you find comfortable accommodations while your house is rebuilt
- Risk consulting: Complimentary home appraisals with trained risk consultants who visit your home and provide security and fire prevention advice
- Cash settlement: Offers cash settlement up to your policy limit for covered total losses if you choose not to rebuild
- Replacement cost coverage: Replaces upgraded appliances, custom cabinets, flooring and carpentry without depreciation deductions
- HomeScan: Uses infrared technology to detect problems like leaks, missing insulation and faulty electrical connections before damage occurs

Nationwide

MoneyGeek Rating

4.5/ 5

4.8/5Affordability

4.6/5Customer Experience

3.4/5Coverage

J.D. Power Customer Satisfaction Score
641/1,000
Average Annual Premium
$6,309

pros
- Strong financial stability with high industry ratings
- Most affordable rates for Florida homeowners
- User-friendly digital tools for policy management
cons
- Claims process slow and complex
- Direct purchase lacks personalized guidance
- Limited add-on coverage availability
Nationwide offers Florida homeowners competitive insurance at $6,309 annually. The company provides water damage coverage, crucial for Florida's flood-prone areas, plus optional hurricane protection for severe storm seasons.

Nationwide charges $6,309 annually for home insurance in Florida, 39% less than the state average of $10,384 but above the national average of $3,467. The company offers bundling discounts for multiple policies and home security system discounts.


Older Homes	$822	$9,858
Newer Homes	$257	$3,081
Young Homeowners	$526	$6,309
Senior Homeowners	$497	$5,959
High-Risk Fire Homes	$589	$7,069
Smaller Homes	$738	$8,860
Larger Homes	$920	$11,035

Nationwide earned 641 out of 1,000 points in J.D. Power ratings, just below the industry average of 642. The company operates through local independent agents who provide personalized service and understand regional coverage needs. Nationwide offers coverage options for Florida homeowners and provides a user-friendly online platform for policy management.
Nationwide provides standard homeowners coverage with optional add-ons:
- Water damage coverage: Protects against water-related losses common in Florida's humid climate
- Optional hurricane coverage: Protection from severe storms and wind damage
- Dwelling coverage: Rebuilds or repairs your home's structure after covered losses
- Personal property protection: Covers belongings damaged by covered perils
- Liability coverage: Protects against lawsuits from injuries on your property
- Additional living expenses: Pays temporary housing costs during home repairs

Allstate

MoneyGeek Rating

4.4/ 5

4.5/5Affordability

4.3/5Customer Experience

4.3/5Coverage

J.D. Power Customer Satisfaction Score
633/1,000
Average Annual Premium
$11,393

pros
- Strong financial stability with high industry ratings
- Extensive agent network with personalized service and local support
- User-friendly digital tools for policy management and claims
cons
- Rates above Florida state average
- Limited add-on coverage availability for homeowners
- Geographic restrictions limit availability in some Florida areas
Allstate offers homeowners insurance in Florida for $11,393 annually. The company excels in hurricane protection with extensive wind and hail damage coverage, essential for the state's storm-prone climate. Its personal property replacement cost coverage allows you to replace lost belongings without depreciation.

Allstate charges $11,393 annually for home insurance in Florida, 10% above the state average of $10,384 and 3%above the national average of $3,467. The company offers bundling discounts for multiple policies and home security system discounts.


Older Homes	$1,464	$17,572
Newer Homes	$688	$8,260
Young Homeowners	$949	$11,393
Senior Homeowners	$937	$11,243
High-Risk Fire Homes	$1,064	$12,765
Smaller Homes	$1,323	$15,879
Larger Homes	$1,640	$19,684

Allstate scored 633 out of 1,000 points in J.D. Power's customer satisfaction study, slightly below the industry average of 642. The company operates through local independent agents and direct sales, providing flexible service options. Allstate's strength is personalized service through local agents who understand Florida's unique insurance challenges and weather risks. It offers online tools for quotes and policy management, though its mobile app features remain limited compared to digital-first competitors.
Allstate provides comprehensive homeowners coverage with specialized add-ons for Florida residents:
- Wind and hail coverage: Extensive protection against hurricane and storm damage
- Personal property replacement cost: Full replacement value for belongings without depreciation
- Dwelling coverage: Protection for your home's structure and attached features
- Personal liability: Coverage for accidents occurring on your property
- Additional living expenses: Temporary housing costs during home repairs
- Medical payments: Coverage for guest injuries on your property

Florida Peninsula Insurance

MoneyGeek Rating

4.2/ 5

4.8/5Affordability

3.3/5Customer Experience

3.9/5Coverage

J.D. Power Customer Satisfaction Score
N/A
Average Annual Premium
$6,826

pros
- Comprehensive coverage options for Florida homeowners
- Most affordable rates for Florida homeowners statewide
- User-friendly digital tools for policy management and claims
cons
- Limited agent network affects accessibility in some areas
- Some unique features not well-known to customers
- Limited availability in some Florida regions
Florida Peninsula offers competitive home insurance at $6,826 annually. The company provides hurricane damage coverage, crucial for Florida's storm-prone coastal and inland areas. Its policies include personal property replacement cost coverage, allowing homeowners to replace lost items at current market prices.

Florida Peninsula charges $6,826 annually for home insurance coverage, 34% below the state average of $10,384 and above the national average of $3,467. The company offers bundling discounts for multiple policies and home security system discounts.


Older Homes	$626	$7,516
Newer Homes	$376	$4,515
Young Homeowners	$569	$6,826
Senior Homeowners	$568	$6,822
High-Risk Fire Homes	$637	$7,648
Smaller Homes	$791	$9,493
Larger Homes	$979	$11,752

Florida Peninsula lacks a J.D. Power customer satisfaction score, compared to the industry average of 642 points. The company operates through local independent agents who provide personalized service for Florida homeowners. It offers online quotes for convenience but has limited mobile app functionality. This traditional agent-focused approach prioritizes personal relationships over digital self-service options.
Florida Peninsula provides standard homeowners coverage with specialized options for Florida residents:
- Hurricane damage coverage: Protection against wind and storm damage from tropical systems
- Personal property replacement cost: Covers belongings at current replacement value rather than depreciated worth
- Dwelling coverage: Protects your home's structure and attached features
- Personal liability: Covers legal costs if someone is injured on your property
- Additional living expenses: Pays temporary housing costs during covered repairs

Best Florida Home Insurance by City

Farm leads in 17 Florida cities with annual premiums of $4,160 to $4,292, covering markets from Jacksonville and Tampa to Miami-area cities like Hialeah and Miami Gardens. Chubb ranks as the top provider in 13 cities, with premiums ranging from $6,023 in Pensacola to $22,941 in Coral Springs and Pompano Beach. Nationwide offers the best rates in two cities: Boca Raton ($5,782) and Hollywood ($5,779).


Boca Raton	Nationwide	$5,782
Brooksville	State Farm	$4,292
Cape Coral	State Farm	$4,160
Clearwater	Chubb	$12,239
Clearwater Beach	Chubb	$12,239
Coral Springs	Chubb	$22,941
Fort Lauderdale	Chubb	$17,490
Fort Myers	State Farm	$4,160
Gainesville	State Farm	$4,292
Hialeah	Chubb	$14,563
Hollywood	Nationwide	$5,779
Jacksonville	State Farm	$4,271
Lakeland	State Farm	$4,292
Lehigh Acres	State Farm	$4,160
Miami	Chubb	$18,922
Miami Gardens	Chubb	$14,654
Naples	Chubb	$12,473
Ocala	State Farm	$4,292
Ocoee	State Farm	$4,292
Okeechobee	State Farm	$4,160
Orlando	State Farm	$4,292
Oxford	State Farm	$4,292
Palm Bay	State Farm	$4,160
Pembroke Pines	Chubb	$9,313
Pensacola	Chubb	$6,023
Pompano Beach	Chubb	$22,941
Port Saint Lucie	Chubb	$15,511
Saint Petersburg	Chubb	$12,239
Spring Hill	State Farm	$4,292
Tallahassee	State Farm	$4,271
Tampa	State Farm	$4,292
Valrico	State Farm	$4,292
West Palm Beach	Chubb	$13,220

Cheapest Florida Home Insurance Companies

Florida homeowners pay $10,384 annually for home insurance, 200% higher than the national average of $3,467. State Farm offers the state's most affordable home insurance at $3,727 annually, 64% below the state average. Nationwide offers the second-best rates at $6,309. Costs vary among insurers. Universal Property represents the expensive end, charging 503% more than the national benchmark.

Guide to Finding the Best Florida Home Insurance Company

Choosing quality home insurance in the Sunshine State involves evaluating multiple providers based on your budget, coverage requirements and service expectations.

Compare Quotes Strategically

Get quotes from at least three to five insurers. Premiums among top Florida providers range from $3,727 to $11,393 annually. Don't just shop by price. The cheapest policy might leave coverage gaps when you file a claim after severe weather or other covered losses.

Check Customer Satisfaction Metrics

Review J.D. Power scores, which range from 633 to 677 among Florida's top providers compared to the 642 industry average. Check complaint ratios through the Florida Insurance and Safety Fire Commissioner's office. Read recent customer reviews focusing on claims experiences during Florida's severe weather season, not just policy shopping.

Evaluate Coverage Needs

Consider extended or guaranteed replacement cost options since Florida's construction costs surge after hurricanes and flooding. Base your coverage on replacement cost rather than market value and review optional protections like wind/hail coverage, flood insurance and extended replacement cost that address your home's specific risks.

Match Service Preferences to Provider Strengths

Choose insurers with local agent networks like State Farm if you want face-to-face support or digital-first insurers like USAA if you prefer online policy management. Don't pay premium prices for services you won't use.

FLORIDA HOME INSURANCE RISKS

Florida is the most hurricane-prone state in the U.S., averaging 1.5 hurricanes per year between 2018 and 2023, according to the National Hurricane Center. State law allows insurers to include hurricane deductibles in homeowners policies, calculated as 2% to 10% of your home's insured value.
Standard homeowners insurance covers hurricane wind damage but excludes flooding. You'll need separate flood coverage through your insurer or the National Flood Insurance Program.

Top-Rated Home Insurance Companies in Florida: FAQ

Explore our FAQ section for answers to common questions about selecting the right Florida home insurance provider for your needs.

Does home insurance cover damage from fallen trees in Florida?

Home insurance covers damage to your house from fallen trees when wind, lightning, or other covered perils cause the tree to fall. Coverage excludes trees that fell due to rot or neglect, and your policy won't cover tree removal unless the tree damaged a structure. Most policies limit tree removal coverage to $500 to $1,000 per tree.

What's the difference between replacement cost and actual cash value coverage?

Replacement cost coverage pays to rebuild your home or replace belongings at current prices without deducting for depreciation. Actual cash value coverage subtracts depreciation from claim payments. You receive less money based on your property's age and condition. Actual cash value policies cost less up front but leave you covering more expenses out of pocket after a loss.

Does home insurance cover sinkholes in Florida?

Most Florida home insurance policies exclude sinkhole damage from standard coverage. However, Florida law mandates that insurers offer sinkhole coverage as an optional endorsement, which homeowners can purchase for additional protection. Central Florida areas, particularly Pasco, Hernando and Sumter counties, face elevated sinkhole risks. Review your policy's exclusions and consider adding this optional coverage, especially if you live in a high-risk zone.

Can I get home insurance if I have a trampoline or swimming pool?

You can get home insurance with a trampoline or swimming pool, though Florida insurers consider these features significant liability risks. Most companies require safety measures like nets and padding for trampolines, plus fencing and self-closing gates for pools, as mandated by Florida safety regulations. Expect higher premiums and ensure you carry adequate liability coverage of at least $300,000. Some insurers may exclude coverage for these features entirely or require additional liability protection.

Our Methodology: Determining the Best Florida Home Insurers

Florida homeowners deal with tornado risks, hurricane exposure and fluctuating construction costs. Our ranking system weighs affordable premiums, quality coverage and reliable claims handling.

We scored insurers across three factors:

Affordability (55%): We compared rates for identical coverage across major providers and evaluated discount availability.

Customer satisfaction (30%): J.D. Power ratings, Trustpilot reviews and app feedback reveal how insurers handle claims after storms damage your home.

Coverage options (15%): We assessed add-on availability, including water backup protection and inland flood options for Florida's risks.

Our Sample Profile

Rates reflect a homeowner aged 41-60 with good credit and no prior claims insuring a 2,500-square-foot home built in 2000. Coverage includes $250,000 dwelling coverage, $125,000 personal property coverage, $200,000 personal liability coverage and a $1,000 deductible.

Your rates will vary based on your home's age, location, claims history and credit score.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

Read Full Bio »

sources

NOAA. "National Hurricane Center and Central Pacific Hurricane Center." Accessed January 27, 2026.