Jessica Olivo

By 

Jessica Olivo

Jessica Olivo

Freelance contributor

Jessica Olivo is a writer living in Connecticut. She specializes in web and blog content in a variety of topics such as parenting, business, and culture, as well as serialized and short fiction.

After working in publishing and book publicity for many years, she transitioned to freelance writing full time.

Updated May 1, 2022

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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.

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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 logo

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

Citizens Insurance logo

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

  • Rates are around 15% higher than the state average

  • Limited additional coverage options

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

State Farm logo

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

  • No discounts for first-time homebuyers or going a year without a claim

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 logo

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

  • Little information about discounts or coverage options available online

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 logo

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

  • Below-average claims satisfaction ratings

  • Minimal information about coverage add-ons available online

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

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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

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

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.

  1. 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.

  2. 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. 

  3. 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.

  4. 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. 

  5. 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.

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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.