Best homeowners insurance in Florida (July 2024)

We looked at average costs, customer service ratings, and policy options from multiple top insurers to find the best home insurance companies in Florida.

Headshot of Jennifer Gimbel

By

Jennifer GimbelSenior Managing Editor & Home Insurance ExpertJennifer Gimbel is a senior managing editor at Policygenius, where she oversees all of our insurance coverage. Previously, she was the managing editor at Finder.com and a content strategist at Babble.com.

Published|1 min read

Policygenius content follows strict guidelines for editorial accuracy and integrity. Learn about our editorial standards and how we make money.

As home insurance rates in Florida continue to rise due to devastating hurricanes, expensive roofing lawsuits, and companies leaving the state due to the high risk of claims, finding home insurance coverage in Florida isn’t easy. 

But we can help. Whether you have an older home, one on the coast, need a policy that includes flood coverage, or are looking for hurricane deductible perks, we've got you covered.

Find your best home insurance rates in Florida with our free tool

We don't sell your information to third parties.

Compare the best homeowners insurance companies in Florida in July 2024

Based on Policygenius' analysis of the most widely available insurance companies in the state, State Farm, Security First Insurance, Tower Hill, Universal Property, Frontline Insurance, Citizens, and Slide Insurance are Florida's best homeowners insurance companies in 2024.

Whether you're looking for the cheapest rates in Florida or a company willing to cover your high-risk home, we'll help you buy a Florida home insurance policy that fits your needs.

Company

Best for...

Average monthly cost

Policygenius rating

State Farm

Overall

$186

4.8 out of 5

Frontline Insurance

Hurricane deductible cash-back program

N/A

4.1 out of 5

Slide Insurance

Coverage exclusive to Florida homeowners

N/A

3.9 out of 5

Tower Hill

Flood insurance add-on

$99

3.6 out of 5

Universal Property

Older homes & roofs

$193

3.6 out of 5

Security First Insurance

Cheap rates

$60

3.3 out of 5

Citizens

High-risk homes as a last resort

$388

2.5 out of 5

Collapse table
Methodology & why you can trust our rates

Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:

  • Dwelling: $300,000

  • Other structures: $30,000

  • Personal property: $150,000

  • Loss of use: $60,000

  • Liability: $300,000

  • Medical: $1,000

All rates based on the above coverage limits except where otherwise noted.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Find your best home insurance rates in Florida with our free tool

We don't sell your information to third parties.

Best overall home insurance company in Florida: State Farm

award icon

2024 Policygenius award winner

State Farm

State Farm logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starHalf orange star

4.8

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A++

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Offers extended replacement cost

Offers flood insurance

Offers earthquake insurance

Wind/hail deductible

Offers wildfire insurance

Why we chose itchevron icon

State Farm home insurance is the best overall home insurance company in Florida thanks to its statewide availability, large selection of policy options for most home types, high customer service marks, and industry-best financial stability ratings.

Pros and conschevron icon

Pros

  • High customer satisfaction and financial strength ratings

  • Top-tier coverage add-ons, including extended replacement cost coverage

  • Offers large discounts when you bundle your home and auto insurance

Cons

  • 20% more complaints filed with the NAIC than other companies of its size

  • No discounts for first-time homebuyers

More detailschevron icon

Why State Farm is the best overall company in Florida

At a time when lots of competitors are no longer insuring homes in areas prone to wildfires and hurricanes, State Farm continues to offer its relatively affordable and highly-rated home insurance to homeowners in most parts of the country, including Florida.

And it doesn't skimp on coverage, offering flood, wildfire, and earthquake protection — one of few competitors that offers all three insurance policies to homeowners in many high-risk states.

Plus, while many competitors don't have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.

How much does State Farm home insurance cost?

The average cost of State Farm home insurance in Florida is $2,227 per year, which is about 3% cheaper than the Florida average of $2,288.

How to get a quote

Online through State Farm

Best for cheap rates: Security First Insurance

Security First Insurance

Security First Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starFull orange starEmpty gray star

4.1

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

NA

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Offers flood insurance

Offers extended replacement cost

Wind/hail deductible

Insures older homes

Why we chose itchevron icon

Security First Insurance comes with cheap rates that are $1,000 below the state average in Florida. It also stands out thanks to its wealth of discounts — 14 to be exact — that can help you save even more on coverage.

Pros and conschevron icon

Pros

  • Cheap rates that are $1,500 below the annual state average

  • 14 discounts allow you to save even more on your policy

  • Insures homes that are more than 30 years old

Cons

  • Received 13 times the number of complaints than other home insurance companies of its size, according to the NAIC Complaint Index

  • Can’t bundle your home and auto insurance

More detailschevron icon

Why Security First Insurance is the best company for affordable rates in Florida

Security First Insurance is one of the cheapest home insurance companies we've seen not just in Florida, but nationwide. On top of its affordable rates, the insurer also offers a slew of home insurance discounts to help you save even more, including savings if you're age 55 or older, lived in a gated community, have a newer home, or have a security system.

How much does Security First home insurance cost?

The average cost of Security First home insurance in Florida is $721 per year, which is $1,500 cheaper than the annual statewide average of $2,288.

How to get a quote

Online or by contacting an agent

Best for older homes & roofs: Universal Property

Universal Property

Universal Property logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starHalf orange starEmpty gray star

3.6

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

B

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Wind/hail deductible

Why we chose itchevron icon

Universal Property home insurance offers cheap rates and lots of coverage add-ons, including a rare private flood insurance endorsement with up to $5 million in protection.

Pros and conschevron icon

Pros

  • Insures homes over 70 years old and roofs up to 20 years old

  • Offers 10 discounts to help you save on your policy

  • Receives A rating with AM Best, meaning it has the financial stability to pay out claims in the wake of a disaster

Cons

  • Received 11 times more complaints than similar-sized insurance companies in 2022, according to the NAIC Complaint Index

  • Cheaper rates can be found with other companies on this best list

More detailschevron icon

Why Universal Property is the best company for older homes & roofs

Unlike many home insurance companies in Florida that shy away from covering older homes or those with roofs more than 10 years old, Universal Property doesn't.

It's willing to cover homes that are more than 70 years old. And you can get coverage for shingle roofs that are up to 20 years old and wood roofs that are up to 15 years old.

How much does Universal Property home insurance cost?

The average cost of Universal Property home insurance in Florida is $2,314 per year, which is on par with the annual statewide average of $2,288.

How to get a quote

Online or through a local agent

Best for hurricane deductible cash-back program: Frontline Insurance

Frontline Insurance

Frontline Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starHalf orange starEmpty gray star

3.9

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A-

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

NA

Wind/hail deductible

Why we chose itchevron icon

Frontline Insurance offers a rare cash-back program for your hurricane deductible — if you file a hurricane-related claim and go five years without filing a claim after that, you can get up to 100% of your hurricane deductible back in cash.

Pros and conschevron icon

Pros

  • Earn up to 100% cash back on your hurricane deductible the more years you go without filing a claim

  • Offers excess flood insurance to protect your home from flooding due to hurricanes, thunderstorms, and other natural disasters

  • Receives A rating with Demotech, meaning it likely has the financial resources to pay out claims in the wake of a disaster

Cons

  • Received 2 times more complaints than similar-sized insurance companies in 2022, according to the NAIC Complaint Index

  • Website isn't as transparent as other companies about discounts and coverage options available

More detailschevron icon

Why Frontline Insurance is the best company for a hurricane deductible cash-back program

Frontline Insurance is one of the only insurance companies nationwide that offers a cash-back program for your hurricane deductible. If you file a hurricane-related claim and go five consecutive years without filing a claim after that, you can get up to 100% of your hurricane deductible back in cash.

How much does Frontline Insurance home insurance cost?

We don't have access to the average cost of Frontline home insurance as of June 2023.

How to get a quote

Through a local agent

Best for coverage exclusive to Florida homeowners: Slide Insurance

Slide Insurance

Slide Insurance logo

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starHalf orange starEmpty gray star

3.9

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

NA

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

NA

Wind/hail deductible

Why we chose itchevron icon

Slide Insurance is brand new to the insurance industry, offering coverage exclusively to Florida residents with a goal to revolutionize how insurance is underwritten and sold using technology, data, and leadership taken from Big Tech companies.

Pros and conschevron icon

Pros

  • Offers coverage to Florida homeowners who may not have other options

  • Earns A (Exceptional) rating from Demotech for its financial strength and stability

Cons

  • Still too new to gauge customer service around claims and policy management

  • Website lacks detailed information about all of its coverage and discount options available

  • Doesn’t offer a mobile app, access to an online account, or online quotes

More detailschevron icon

Why Slide Insurance is the best company for coverage exclusive to Florida homeowners

As other home insurance companies are leaving Florida or going out of business altogether, Slide Insurance has been purchasing renewal rights and selling new home insurance policies exclusively to Florida residents.

It purchased home insurance policies from St. John’s Insurance and UPC Insurance — two Florida insurers that went out of business in the last year. And by using technology, data, and leadership taken from a range of Big Tech companies, Slide Insurance says it is offering a new approach to insurance in a market that is in desperate need of a change. 

How much does Slide home insurance cost?

We don't have access to the average cost of Slide home insurance as of June 2023.

How to get a quote

Online or through a local agent

Best for high-risk homes as a last resort: Citizens

Citizens Property Insurance

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starHalf orange starEmpty gray starEmpty gray star

2.5

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

A

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Wind/hail deductible

Why we chose itchevron icon

As Florida’s version of the Fair Access to Insurance Requirements (FAIR) Plan, Citizens home insurance might be a good fit if you’ve struggled to qualify for coverage due to multiple past claims, living in a high-risk coastal area, or having an old roof.

Pros and conschevron icon

Pros

  • Provides homeowners insurance to high-risk homes that are often denied coverage by private insurers

  • Wind, flood, and dwelling fire insurance policies available

  • Sets up catastrophe response centers after natural disasters to offer in-person support to homeowners without power or means of communication

Cons

  • Rates are nearly 3 times higher than the national average — and the insurer proposed a 12% rate hike in June 2023

  • Fewer coverage options and lower limits than competitors

  • No online quote tool

More detailschevron icon

Why Citizens is the best company for high-risk homes in Florida

Citizens Insurance offers basic home and wind-only insurance coverage for homes in high-risk coastal areas of Florida. If you're having a difficult time finding a company to insure your home, Citizens is a decent last-resort option.

How much does Citizens home insurance cost?

The average cost of Citizens home insurance in Florida is $4,658 per year, which is nearly $2,500 more expensive than the annual statewide average of $2,288.

How to get a quote

To get a home insurance quote with Citizens, you’ll first need to prove that you were unable to find coverage with a standard home insurance company or that the coverage you did qualify for was 20% more expensive than a similar policy with Citizens. If it is, then you can get a quote from any licensed insurance agent who’s authorized to sell Citizens coverage.

Best for flood insurance add-on: Tower Hill

Tower Hill

Policygenius rating 

Our proprietary rating methodology takes multiple factors into account, including customer satisfaction, cost, financial strength, and policy offerings. See the "methodology" section for more details.

Full orange starFull orange starFull orange starHalf orange starEmpty gray star

3.6

AM Best rating 

AM Best is a global credit rating agency that scores the financial strength of insurance companies on a scale from A++ (Superior) to D (Poor).

B

Cost 

Using a mix of internal and external rate data, we grade the cost of each insurance company's premiums on a scale from least expensive ($) to most expensive ($$$$$).

$

$

$

$

$

Bundle home & auto

Wind/hail deductible

Offers extended replacement cost

Offers flood insurance

Why we chose itchevron icon

Tower Hill home insurance offers cheap rates and lots of coverage add-ons, including a rare private flood insurance endorsement with up to $5 million in protection.

Pros and conschevron icon

Pros

  • Private flood insurance endorsement with up to $5 million in coverage

  • Cheap rates that are 50% lower than the national average

  • 20+ coverages and policy add-ons available

Cons

  • AM Best rating downgraded to B (fair) in Oct. 2022

  • Averaged 5 times more complaints than similar insurance companies in 2021

More detailschevron icon

Why Tower Hill is the best company for flood insurance add-on

Tower Hill’s private flood insurance endorsement lets you add up to $5 million in private flood coverage to your existing home insurance policy — an especially valuable add-on if you live in a coastal area of Florida at high risk of flooding. It also offers a slew of other coverage add-ons related to flooding, including protection against mold, fungus, or rot damage; debris removal; and water backup coverage.

How much does Tower Hill home insurance cost?

The average cost of Tower Hill home insurance in Florida is $1,189 per year, which is around $1,000 cheaper than the annual statewide average of $2,288.

How to get a quote

Online through Policygenius

Find your best home insurance rates in Florida with our free tool

We don't sell your information to third parties.