Florida Home Insurance 2026

Homeowners Insurance Cost in Florida 2026

Average homeowners (home) insurance rates in Florida, why they land where they do, and how to lower your premium. Last updated: June 2026 · Source: MoneyGeek.

Quick Answer — Home Insurance in Florida

Homeowners insurance in Florida costs about $10,240/year ($853/month) in 2026 — +189% above the U.S. average of $3,548 (MoneyGeek). Florida is the most expensive state in the country for homeowners insurance, running roughly three to four times the national average.

$10,240/yr

Florida average

$853/mo

Monthly estimate

+189%

vs US avg ($3,548)

Hurricanes + litigation

Main cost driver

Florida is the most expensive state in the country for homeowners insurance, running roughly three to four times the national average. Atlantic and Gulf hurricanes, heavy roof-claim litigation, and a wave of national carriers leaving the market have pushed rates to the top of every ranking.

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How Much Is Homeowners Insurance in Florida?

ReferenceAnnualMonthly
Florida average$10,240$853
U.S. national average$3,548$296
Most expensive state (Florida)$10,240$853
Cheapest of the major states (California avg)$1,348$112

Average annual premiums are MoneyGeek 2026 figures for a standardized homeowner profile. Your rate varies by dwelling value, home age, roof, ZIP code, deductible, and claims history.

Why Homeowners Insurance Is Expensive in Florida

Florida is the most expensive state in the country for homeowners insurance, running roughly three to four times the national average. Atlantic and Gulf hurricanes, heavy roof-claim litigation, and a wave of national carriers leaving the market have pushed rates to the top of every ranking.

Insurer of last resort: Florida's insurer of last resort, Citizens Property Insurance, grew to about 1.4 million policies at its September 2023 peak before lawsuit-reform legislation helped shrink it to roughly 570,000. Several national carriers, including Farmers, stopped writing or renewing some Florida policies.

How to Lower Your Home Insurance in Florida

  • Get a wind-mitigation inspection — Florida law requires insurers to give credits for hurricane straps, a hip roof, and impact-rated openings.
  • Install hurricane shutters or impact glass and document upgrades to qualify for premium discounts.
  • Compare private carriers before defaulting to Citizens, which is meant to be a last resort.
  • Compare at least three insurers each renewal, and bundle home with auto for a multi-policy discount.

Homeowners Insurance Cost in Other States

Home insurance is priced state by state, so costs swing widely. Compare Florida with other states:

Frequently Asked Questions

How much is homeowners insurance in Florida?

The average homeowners insurance premium in Florida is about $10,240 per year, or roughly $853 per month, in 2026 (MoneyGeek). That is +189% above the U.S. national average of $3,548. Your actual rate depends on your home's value, age, roof, location, and claims history.

Why is homeowners insurance expensive in Florida?

Florida is the most expensive state in the country for homeowners insurance, running roughly three to four times the national average. Atlantic and Gulf hurricanes, heavy roof-claim litigation, and a wave of national carriers leaving the market have pushed rates to the top of every ranking.

How can I lower my homeowners insurance in Florida?

Get a wind-mitigation inspection — Florida law requires insurers to give credits for hurricane straps, a hip roof, and impact-rated openings. Install hurricane shutters or impact glass and document upgrades to qualify for premium discounts. Compare private carriers before defaulting to Citizens, which is meant to be a last resort.

Is home insurance required in Florida?

No state legally requires homeowners insurance, but your mortgage lender will require it as a condition of the loan. If you own the home outright it is optional, though going without coverage in Florida is a significant financial risk given local perils.