Best & Cheapest Homeowners Insurance in Tallahassee, FL April, 2024

Nationwide provides the most affordable homeowners insurance for residents in Tallahassee, with an average yearly premium of $1,040.

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In our comprehensive evaluation of home insurance providers in Tallahassee, FL, Nationwide stands out as the most budget-friendly option, offering an average annual rate of $1,040. However, the optimal insurer for you may depend on your individual circumstances.

For instance, if you have a lower credit score, Universal North America provides the most economical choice, with an average yearly premium of $1,578. Conversely, for owners of older homes, State Farm emerges as a top pick with competitive rates of $1,432 per year for comprehensive coverage.

If you own a newly constructed home, Nationwide once again presents the most cost-effective solution at $975 per year. Individuals with a history of claims may find an affordable option with State Farm at $1,651 per year.

For those with valuable personal property, Allstate proves to be a great choice, offering extensive coverage at a reasonable rate of $1,341 per year.

Our in-depth analysis at Insuranceopedia aims to assist you in finding the perfect fit for your home insurance requirements. We assess customer ratings, analyze personal experiences, and present comparison charts to equip you with all the information necessary for an informed decision.

How much is homeowners insurance in Tallahassee, FL?

Nationwide provides the most budget-friendly homeowners insurance rate in Tallahassee, priced at $1,040 per year.

As indicated below, Tallahassee’s insurance rates are lower than the national average . They rates are also significantly lower than the statewide average in Florida.

Area Average Monthly Rate
National $1,820
Florida $2,348
Tallahassee $1,286

Car insurance rates are not standardized and can fluctuate based on various factors. Your driving history is pivotal; a clean record leads to lower premiums compared to one with traffic violations or accidents. The type of vehicle you own is also a factor, as insuring high-performance or luxury cars tends to be more expensive.

Your residential location is another consideration, with urban areas experiencing higher rates due to elevated risk factors. Additionally, your age and marital status can impact your premiums.

Cheapest Homeowners Insurance in Tallahassee, FL 2024

Cheapest Home Insurance, Tallahassee, 2024

Our Methodology

To identify the most affordable home insurance rates in Tallahassee, we conducted a thorough analysis using data from various home insurance review sites. Some of these sources examined rates from public filings obtained through Quadrant Information Services. The review is based on an average of these rates, but it's important to note that each company's rates are subject to frequent changes and will depend on your specific circumstances. Additionally, the overall rating takes into account my subjective opinion, informed by fifteen years of experience as a licensed insurance agent and more than three decades of purchasing home insurance.

66

Quotes Analyzed

15+

Years Of Industry Experience

24

Brands Reviewed

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Research Hours

Cheapest homeowners insurance in Tallahassee, FL

In Tallahassee, FL, Nationwide stands out as the most economical option for homeowners insurance, offering an average annual rate of $1,040.

Company Annual Premium
Nationwide $1,040
Allstate $1,126
Heritage $1,342
State Farm $1,698
Chubb $2,046

Your insurance policy cost is influenced by various factors, including your location, home value, and claims history. Nationwide offers a well-balanced option with a combination of affordability and comprehensive coverage.

Cheapest Homeowners Insurance If You Have Poor Credit

For individuals with a poor credit score, Universal North America provides the most cost-effective solution, offering an average annual rate of $1,578.

Insurance Company Average Annual Premium
Universal North America $1,578
Allstate $1,712
Citizens $2,360
Chubb $2,517
State Farm $3,642

Insurers consider your credit score as a key factor in determining insurance rates, as it helps assess risk. Universal North America acknowledges the significance of providing equitable coverage for all individuals, irrespective of their credit history.

Cheapest Homeowners Insurance In Tallahassee If You Have an Older Home

For homeowners with older homes, State Farm offers the most budget-friendly rates, averaging $1,432 per year.

Insurance Company Average Annual Premium
State Farm $1,432
Universal North America $1,643
Florida Peninsula $1,790
State Farm $1,879
Chubb $4,997

Older homes can present distinctive risks and maintenance challenges, potentially resulting in higher insurance costs. State Farm addresses these concerns by providing competitive rates and comprehensive coverage specifically tailored to meet the unique needs of older homes.

Cheapest Homeowners Insurance for Newly Constructed Homes

For owners of newly constructed homes, Nationwide offers an affordable solution with an average annual rate of $975.

Insurance Company Average Annual Premium
Nationwide $975
Heritage $1,097
Allstate $1,148
Chubb $1,176
State Farm $1,607

Newly constructed homes often come with distinct coverage needs compared to older homes, and Nationwide specializes in providing affordable policies tailored to these specific requirements.

Cheapest Home Insurance In Tallahassee for a History of Claims

For homeowners with a history of claims, State Farm presents an affordable solution with an average annual rate of $1,651.

Insurance Company Average Annual Premium
State Farm $1,651
Universal North America $2,141
Citizens $4,098
Chubb $5,576

Having a history of claims can result in higher premiums, as it may signal increased risk for insurers. Nonetheless, State Farm strives to offer reasonable rates for individuals with past claims, providing a second chance for affordable coverage.

Cheapest Home Insurance Rates for Lots of Personal Property

For individuals with valuable personal property, Allstate offers affordable coverage, providing competitive rates with an average annual premium of $1,341.

Insurance Company Average Annual Premium
Allstate $1,341
Nationwide $1,532
Heritage $1,539
State Farm $1,750
Chubb $1,815

Allstate provides comprehensive coverage at reasonable rates, ensuring that all your belongings are adequately protected, even if you possess a wealth of personal property.

Best Homeowners Insurance Companies in Tallahassee, FL

Choosing the appropriate homeowners insurance is not just a requirement but a strategic decision. Tallahassee, with its rich history, features homes as unique as its residents. Consequently, the significance of finding an insurance provider offering comprehensive coverage at competitive rates cannot be overstated.

To streamline your decision-making process, we have assembled a list of the leading homeowners insurance companies in Tallahassee, FL. These companies underwent evaluation based on criteria such as annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Refer to our comparison chart below to discover the ideal match for your home insurance requirements.

Company Annual Premium
Nationwide $1,040
Allstate $1,126
Heritage $1,342
Travelers $997
Tower hill $924
State Farm $1,698
Chubb $2,046
Citizens $4,098

Average Home Insurance Rates by Zip Codes

The cost of homeowners insurance in Tallahassee, FL can vary significantly depending on the specific zip code. Below are tables illustrating rates for different zip codes in Tallahassee, including the five least and most expensive zip codes in the region for annual home insurance premiums.

ZIP Code Average Insurance Premium (Annual)
32309 $1,903
32304 $1,875
32311 $1,886
32308 $1,879
32317 $1,887

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
32301 $1,876
32308 $1,879
32304 $1,875
32305 $1,885
32311 $1,887

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
32310 $1,922
32313 $1,921
32307 $1,917
32306 $1,918
32309 $1,903

Average Home Insurance Rates in Tallahassee, FL by Deductible Amount

The deductible you choose for your homeowners insurance policy can significantly influence premium rates in Tallahassee, FL. Here’s a breakdown of how average home insurance rates change based on different deductible amounts:

Deductible Annual Rate
$500 $1,455
$1,000 $1,794
$2,000 $2,161

Average Home Insurance Rates in Tallahassee, FL By Coverage Amount

Dwelling coverage, reflecting the maximum amount your insurance provider will pay for rebuilding or repairing your home in the event of damage or destruction, is a critical factor influencing your premium.

Below is a comparison chart depicting the average annual homeowners insurance premiums for different dwelling coverage amounts:

Dwelling Coverage Amount Average Annual Premium
$200,000 $1,320
$250,000 $1,428
$300,000 $1,890
$350,000 $2,012
$400,000 $2,492

Average Home Insurance Rates in Tallahassee, FL by Company

Here is a comparison table displaying annual premiums from some of the leading providers in Tallahassee:

Company Annual Premium
Nationwide $1,040
Allstate $1,126
Heritage $1,342
Travelers $997
Tower hill $924
State Farm $1,698
Chubb $2,046
Citizens $4,098

How Much is Homeowners Insurance for Other Cities in Florida?

Here is a detailed comparison chart showcasing the cheapest companies and their annual premiums across various cities in Florida:

City Annual Premium
Gainesville $1,047
Clearwater $1,231
Lakeland $1,592
Boca Raton $2,160

Getting Online Homeowners Insurance Quotes in Florida

Platforms such as Insuranceopedia make the process of finding the best coverage for your specific needs straightforward. You can obtain rapid online quotes from highly-rated insurers, facilitating easy comparison of rates.

Simply input your information, and Insuranceopedia will provide you with a variety of options customized to your requirements. This simplifies the selection of a policy that offers excellent value, striking a balance between cost and comprehensive coverage.

FAQs

Who has the cheapest home insurance in Tallahassee, FL?

The most affordable homeowners insurance in Tallahassee, Florida, is offered by Nationwide, with an annual premium of $1,040.

What is the average cost of home insurance in Tallahassee, FL?

The typical expense for homeowners insurance in Tallahassee, Florida, is around $1,286 per year.

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