Florida homeowners insurance cost
South region · NAIC 2022 HO-3 average · rank #1 of 51
The average annual homeowners insurance premium in Florida is about $2,677 for the standard HO-3 policy form (NAIC 2022 data, the latest available) — about 71% above the national average of $1,569. Florida ranks #1 of 51 states and DC (1 = most expensive), making it very high on home-insurance cost, well above the national average. The main local cost drivers are hurricanes, litigation and assignment-of-benefits costs, reinsurance costs, roof claims. This is a countrywide average, not a quote for your home.
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
Florida home insurance at a glance
| Figure | Florida |
|---|---|
| Average annual HO-3 premium | $2,677 |
| National average (HO-3) | $1,569 |
| vs national average | 71% (about 71% above the national average) |
| State rank (1 = most expensive of 51) | #1 |
| Cost band | Very high (well above the national average) |
| Region | South |
Source: NAIC Homeowners Insurance Report (2022 data, latest available). Data as of June 2026.
What drives home insurance cost in Florida
A homeowners premium mostly reflects how likely and how expensive a claim is. In Florida, the main factors behind the $2,677 average are:
- hurricanes
- litigation and assignment-of-benefits costs
- reinsurance costs
- roof claims
On top of these location factors, your own premium swings with your home's rebuilding cost (Coverage A), roof age and material, deductible, claims history and, in most states, your insurance credit score. See our premium drivers guide for how each one moves the price.
Estimated Florida premium by dwelling coverage
A rough idea of how the Florida average scales with the amount of dwelling (Coverage A) you carry. These are illustrative estimates from the state average scaled by a coverage factor — not quotes.
| Dwelling coverage (Coverage A) | Estimated annual premium |
|---|---|
| $200,000 to $299,999 | $2,677 |
| $300,000 to $399,999 | $3,427 |
| $400,000 to $499,999 | $4,176 |
| $500,000 and over | $5,354 |
Source: Estimated from the NAIC 2022 Florida average and a coverage-scaling factor. Data as of June 2026.
For a tailored figure use the premium estimator. The scaling factors are an approximation documented on the methodology page, not published NAIC band data.
How Florida compares with similar states
| State | Avg HO-3 / yr | vs national |
|---|---|---|
| Florida (this state) | $2,677 | 71% |
| Louisiana | $2,603 | 66% |
| Texas | $2,397 | 53% |
| Oklahoma | $2,268 | 45% |
| Colorado | $2,079 | 33% |
| Rhode Island | $2,074 | 32% |
Frequently asked questions
How much is homeowners insurance in Florida?
The average annual homeowners (HO-3) premium in Florida is about $2,677, about 71% above the national average of $1,569 (NAIC 2022 data, the latest available). It ranks #1 of 51 states and DC, where 1 is the most expensive. This is a countrywide average, not a quote for your home.
Why is home insurance expensive in Florida?
Florida's premiums are shaped mainly by hurricanes, litigation and assignment-of-benefits costs, reinsurance costs, roof claims. Catastrophe exposure (wind, hail, wildfire), rebuilding costs and claims history are the biggest levers on a homeowners premium. Florida is very high versus the national average, well above the national average.
Is Florida home insurance going up?
Yes, like most of the country. NAIC's latest report shows the national HO-3 average rose about 11.26% in 2022 year-over-year, driven by reconstruction-cost inflation and rising catastrophe losses. 2022 is the latest published data year, so current Florida premiums are likely higher than the figure shown. Verify with insurers.
Is the $2,677 figure a quote?
No. $2,677 is the NAIC 2022 countrywide average HO-3 premium for Florida - an average across all homes and insurers, not a quote for your property. Your actual premium depends on your home's value, age, construction, roof, deductible, claims history, credit and insurer. Always get real quotes.
Keep exploring
YMYL note. The $2,677 figure is the NAIC 2022 countrywide average for Florida - general information, not a quote. Homeowners insurance protects one of your largest assets; actual premiums vary widely by home and insurer. Always get real quotes from licensed insurers and verify coverage with your state insurance department.
Last updated: 2026-06-20