With the risk of property crime in Orlando being around double the state average, it’s important for residents to protect against the high risk of vandalism and break-ins with a quality homeowners insurance policy. [1]
The average cost of homeowners insurance in Orlando is $2,683 per year or $224 a month. This is around 1.5% higher than the statewide average of $2,643 per year, and about 41% higher than the national average of $1,899.
However, cost isn’t the only factor to consider when choosing a home insurance company. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Orlando.
Best homeowners insurance companies in Orlando
Of the companies we looked at, Tower Hill has the lowest home insurance rate in Orlando, with an average yearly cost of $1,224 — around 54% lower than the city average of $2,683. ASI Progressive and State Farm both also feature rates below city average, as well as high customer and claims satisfaction ratings from J.D. Power.
Policygenius analyzed thousands of quotes from the 5 largest Orlando insurers to find the average cost of homeowners insurance with each company in 2022. We then looked at 2021 J.D. Power customer satisfaction scores and compared that with the coverage needs of Orlando residents to find the best homeowners insurance in Orlando.
Company | Average yearly cost | J.D. Power Rating |
|---|
Universal Property | $2,348 | -- |
Citizens | $7,827 | -- |
State Farm | $2,107 | 835 |
Tower Hill | $1,224 | -- |
ASI Progressive | $1,884 | 821 |
Universal Property
Universal Property is a Florida-based insurance company that provides a relatively standard, but solid home insurance policy. It's an especially good option if you have lots of animals on your property thanks to its special animal liability coverage.
Pros
Covers homes that are generally more difficult to insure
Excellent coverage add-ons, such as replacement cost contents, water backup, equipment breakdown, and service line coverage
Special animal liability coverage available in case your dog or another animal on your property injures someone
Cons
Customer reviews complain of a poor claims experience
Doesn't offer increased dwelling coverage
Minimal discount opportunities
Why Universal Property tops our best list
The “fast track” team at Universal Property has one job: to make sure your claim is processed right away. Universal Property understands that when you need to file a claim, you’re counting on them to handle it quickly and efficiently so you can make repairs and get your home back to normal.
How to get a quote
Online through Universal Property
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.
Pros
Provides homeowners insurance to high-risk homes that are often denied coverage by private insurers
Offers wind-only policies
Sets up catastrophe response centers after natural disasters to offer in-person support to homeowners without power or means of communication
File claims over the phone or online 24/7/365
Low customer complaint ratings in 2020
Cons
Why Citizens tops our best list
Citizens offers coverage to Orlando residents who are unable to purchase home insurance from traditional companies for any reason. This may include houses in high-risk areas or customers with low credit scores or a history of too many claims. While Citizens may be more expensive than other options in Orlando, no one should risk not having insurance for their home.
How to get a quote
Contact a Citizens Insurance agent through their website
State Farm
There's a reason State Farm is one of the top-rated insurance companies in the U.S. — its customer satisfaction ratings are through the roof, it offers a slew of coverage add-ons for full protection, and makes filing claims through its mobile app a breeze.
Pros
Top-tier coverage add-ons, including equipment breakdown, water backup, and service line coverage
Get up to $1 million in personal liability coverage
Score discounts for bundling, installing security devices, and choosing a high deductible
File and track claims online, over the phone, in person, or through its mobile app
High customer satisfaction and financial strength ratings
Cons
Why State Farm tops our best list
State Farm’s consistently high customer service ratings with J.D. Power makes them an excellent choice for customers looking for great coverage, personalized service, and an easy-to-use website and mobile app, all at a price that is below the state average.
How to get a quote
Online through State Farm
Tower Hill
Tower Hill stands out thanks to its robust flood insurance options and contractor network program that makes repairing your home after a natural disaster as seamless as possible.
Pros
Offers 3 flood insurance options, including a private flood endorsement and standalone policy
Contractor network program for easy repairs that come with a 5-year warranty for workmanship
Lower-than-average customer complaints according to the NAIC
Cons
Why Tower Hill tops our best list
Tower Hill makes choosing a dwelling coverage limit easy for the customers who may be unaware of how much they need. Through special software designed to calculate costs of materials and labor, the price of debris removal, and paying for building permits, Tower Hill makes sure their customers aren’t left with expensive bills when the cost to rebuild their home exceeds their coverage limits.
How to get a quote
Online through Policygenius or Tower Hill
ASI Progressive
ASI Progressive offers robust home insurance coverage and ways to save. Our fave perk? Its bundling discount, which lets you save up to 20% on premiums and only requires you to pay one deductible if your home and car are damaged in the same event.
Pros
Policies are backed by Progressive Insurance
Flood insurance coverage add-on available — a rarity among insurers
Save up to 20% when you bundle your home and auto insurance
Score discounts for owning a new home, signing up for e-bills, paying your premiums in full for the year, and more
Only pay one deductible if your home and car are damaged in the same incident and you bundle your home and auto insurance together
File and track claims online
Cons
ASI Progressive offers competitive rates with highly-rated customer service. If you’re looking for even lower prices, their bundling discount can save you an additional 20% when you purchase home and auto insurance together. In Orlando, this could add up to over $375 in savings each year.
How to get a quote
Online through Policygenius or ASI Progressive
Cheapest homeowners insurance companies by ZIP code in Orlando
Looking at average home insurance costs for 15 of the most popular companies in Orlando, we found that the cheapest home insurance in the city can be found with Tower Hill in the following ZIP codes: 32801, 32803, 32805, 32806, 32807, 32811, 32812, and 32814. The average Tower Hill rate in these areas is $1,026 per year — 61% less than the city average of $2,683 per year.
While rates fluctuate from one area to the next, Tower Hill has the cheapest average yearly costs in all ZIP codes in Orlando.
ZIP code | Company | Average yearly cost |
|---|
32801 | Tower Hill | $1,026 |
32803 | Tower Hill | $1,026 |
32804 | Tower Hill | $1,394 |
32805 | Tower Hill | $1,026 |
32806 | Tower Hill | $1,026 |
32807 | Tower Hill | $1,026 |
32811 | Tower Hill | $1,026 |
32812 | Tower Hill | $1,026 |
32814 | Tower Hill | $1,026 |
32816 | Tower Hill | $1,394 |
32817 | Tower Hill | $1,237 |
32819 | Tower Hill | $1,235 |
32821 | Tower Hill | $1,235 |
32822 | Tower Hill | $1,394 |
32825 | Tower Hill | $1,394 |
32827 | Tower Hill | $1,235 |
32829 | Tower Hill | $1,394 |
32831 | Tower Hill | $1,394 |
32832 | Tower Hill | $1,235 |
32834 | Tower Hill | $1,394 |
32835 | Tower Hill | $1,394 |
32837 | Tower Hill | $1,394 |
The most affordable areas for homeowners insurance in Orlando
With an average home insurance rate of $2,649 per year, the 32812 ZIP code and the 32803 ZIP code are the most affordable areas for home insurance in Orlando. Lower home values and moderate weather may be factors in these rates.
ZIP code | Average yearly cost |
|---|
32812 | $2,649 |
32803 | $2,649 |
32806 | $2,652 |
32814 | $2,655 |
32801 | $2,657 |
The most expensive areas for homeowners insurance in Orlando
With an average home insurance rate of $2,718, the 32825 ZIP code is the most expensive area for home insurance in Orlando. Larger, more expensive homes than the neighboring ZIP codes could be the reason for higher rates in this area.
ZIP code | Average yearly cost |
|---|
32825 | $2,718 |
32831 | $2,707 |
32816 | $2,706 |
32829 | $2,705 |
32835 | $2,704 |
Shopping for homeowners insurance in Orlando
While Orlando residents aren’t as negatively impacted by Florida’s hurricane season as Florida homeowners in coastal areas, it only takes one big storm to change that. That’s why you’ll want a homeowners insurance policy that covers the entire rebuild value of your house in case of a disaster.
In this section, we break down the average annual home insurance rates in Orlando for different coverage and deductible levels, as well as the cheapest and most expensive home insurance companies in the state for individuals with a poor credit score, dog owners, and pool owners. Once you’re ready to shop, a Policygenius expert can help you navigate your coverage needs and help you find the best deal on homeowners insurance in Orlando.
Orlando home insurance costs by coverage amounts
Dwelling coverage is one of the most important parts of your home insurance policy, as it covers the cost to repair or rebuild your home if it’s damaged by a covered hazard. Your dwelling coverage limit should be based on your home’s replacement cost, not the purchase price or current market value.
Since policy costs increase as you add more coverage to your policy, it’s important to get an accurate estimate of how much you need so you’re not overpaying for coverage.
In Orlando, a policy with $100,000 in dwelling coverage costs around $1,032 a year, while a policy with up to $500,000 in coverage has a yearly cost of $4,438.
Dwelling coverage amount | Average yearly cost |
|---|
$100,000 | $1,032 |
$200,000 | $1,860 |
$300,000 | $2,683 |
$400,000 | $3,547 |
$500,000 | $4,438 |
Dwelling coverage is one of the most important parts of your home insurance policy, as it covers the cost to repair or rebuild your home if it’s damaged by a covered hazard. Your dwelling coverage limit should be based on your home’s replacement cost, not the purchase price or current market value.
Since policy costs increase as you add more coverage to your policy, it’s important to get an accurate estimate of how much you need so you’re not overpaying for coverage.
In Orlando, a policy with $100,000 in dwelling coverage costs around $1,032 a year, while a policy with up to $500,000 in coverage has a yearly cost of $4,438.
Liability coverage amount | Average yearly cost |
|---|
$100,000 | $3,523 |
$200,000 | $2,479 |
$300,000 | $2,315 |
$500,000 | $2,400 |
If someone is injured while visiting your home or walking across your property, you could be held responsible for their medical bills. If that’s the case, liability coverage can help cover these expenses so you don’t have to cover the costs out of pocket.
Orlando home insurance costs by deductible amount
Your homeowners insurance deductible is the amount you’re responsible for paying on each claim before your insurance kicks in to cover the rest.
A high deductible means lower home insurance rates, but since you have to pay a deductible each time you file a claim, be careful not to set it too high if you foresee a claim or two in your future.
As seen in the table below, Orlando residents can save around $1,264 on home insurance by choosing a $2,000 deductible over the $500 option.
Deductible amount | Average yearly cost |
|---|
$500 | $3,027 |
$1,000 | $2,683 |
$2,000 | $1,763 |
Home insurance discounts in Orlando
If you're looking for ways to save money on your home insurance policy, your insurer may offer a discount for you to install alarm systems and smoke detectors in your home. By incentivizing customers to make their homes more secure, insurance companies can reduce the cost of claims from fires and break ins.
While you won’t get a huge discount if your house has one of the following features and nothing else, they can add up if you have several protective devices in your home. Here is the average annual rate and average discount percentage for homes in Orlando with deadbolts, smoke alarms, or burglar alarms.
Discount | Average yearly cost |
|---|
Dead bolt | $2,683 |
Smoke alarm | $2,683 |
Burglar alarm | $2,562 |
Wind mitigation discounts & incentives in Florida
Many home insurance companies in Florida offer Fortified Roof, Fortified Home, and other wind mitigation discounts for installing fixtures or using construction techniques to reduce windstorm damage during a hurricane or tropical storm.
Other incentives include:
Hurricane Loss Mitigation Grant: Offers grants for retrofits, inspections, and construction to fortify your home against flooding and hurricane-force winds
Florida Property Assessed Clean Energy (PACE) Program: Offers financing for up to 100% of the costs to fortify your home against wind damage — payments are added to your property tax bill each year for an agreed-upon term
→ Learn more about wind mitigation discounts & how to qualify
Home insurance companies in Orlando for dog owners
If you own a pit bull, German Shepherd, or any other dog breed homeowners insurance companies consider “aggressive,” you may see a higher home insurance rate.
But not every company weighs this factor as heavily when determining your premiums, so if your provider jacked your rates up because of your dog’s breed, consider shopping around to find a cheap option.
With an average rate of $1,224 per year, Tower Hill has the cheapest home insurance rates in Orlando for a home with a dangerous dog breed, while Citizens’ average yearly premium of $7,827 is the highest.
Company | Average yearly cost |
|---|
Tower Hill | $1,224 |
ASI Progressive | $1,909 |
State Farm | $2,107 |
Universal Property | $2,348 |
Citizens | $7,827 |
Home insurance companies in Orlando for poor credit
Your credit score may also have an impact on your home insurance rates. Insurers view customers with poor credit as less financially equipped to pay for small losses or damages out of pocket, so they’ll often offset this risk by charging higher premiums.
With an average rate of $1,955 per year, Tower Hill has the cheapest home insurance rates in Orlando for a homeowner with poor credit, while Citizens’ average yearly premium of $7,827 is the highest.
Company | Average yearly cost |
|---|
Tower Hill | $1,955 |
Universal Property | $2,348 |
ASI Progressive | $3,250 |
State Farm | $3,610 |
Citizens | $7,827 |
Home insurance companies in Orlando for pool owners
Having a pool on your property can also impact your home insurance rates due to the increased risk of injury and higher probability of liability claims. But some companies don’t weigh this factor as heavily when calculating your premiums.
With an average rate of $1,224 per year, Tower Hill has the cheapest home insurance rates for Orlando homes that have a swimming pool, while Citizens’ average yearly premium of $7,827 is the most expensive.
Company | Average yearly cost |
|---|
Tower Hill | $1,224 |
ASI Progressive | $1,884 |
State Farm | $2,107 |
Universal Property | $2,348 |
Citizens | $7,827 |
How to buy homeowners insurance in Orlando
While far from the Florida coast, Orlando is still impacted by severe weather and the rising cost of home and flood insurance in Florida. You’ll want to take this into account when you shop for home insurance in Orlando.
Reach out to a licensed Policygenius agent. Our agents are experts when it comes to homeowners insurance and they can answer your questions as well as guide you through the process of purchasing a new policy. Our services are free with no impact on your credit score.
Ask about Florida’s FAIR plan. If you’ve been turned down by multiple traditional insurance companies due to factors that make you a high risk to insure, our agents can discuss Florida’s FAIR plan as an alternative to traditional coverage.
Figure out how much you can afford to pay for your deductible. If you are unlikely to file multiple insurance claims, determine how high of a deductible you can afford. The higher your deductible, the lower your premium will be.
Compare quotes from a Policygenius agent. By comparing home insurance quotes with a Policygenius agent, you can be sure that you’re getting a policy that works for your home at the best price available.
Choose your policy, sign it, and pay your first premium. A Policygenius agent can help to prepare the paperwork for your new policy so all you have to do is sign and pay your first premium.
Frequently asked questions
How does the cost of home insurance in Orlando compare to the rest of the state?
With an average yearly rate of $2,683, home insurance rates in Orlando are fairly level with the state average of $2,643.
How does a home insurance deductible work?
Once your home insurance company accepts your claim and you’ve agreed on a settlement amount, you’ll need to pay your out-of-pocket deductible before your insurer will reimburse you for the loss. If your deductible is $1,000 and your claim is for $1,200, your insurer will only send you $200 for the loss.
How does the crime rate in my area affect my home insurance policy?
Areas in Orlando with high crime rates will likely see higher home insurance premiums than those in lower-crime areas. Some insurance companies will even exclude off-premises theft coverage from policies in areas with a high rate of property crime.
Why should I use a Policygenius agent when shopping for home insurance?
A licensed Policygenius agent agent can answer questions, help determine coverage limits, compare quotes, and even complete your paperwork on your new policy. Our services are free to you and won’t impact your credit score.
Methodology
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.
