6 Best Homeowners Insurance Companies in Florida of 2025

Florida is among the most desirable states due to the year-round warm climate and affordable home prices.

But everyone in Florida knows that it can be expensive to own a home there, especially when it comes to potential damage from storms.

Florida is one of the country's most costly states for homeowners insurance.

That’s because the Sunshine State is prone to natural disasters like hurricanes and windstorms that can flood your home and rip its roof off.

In addition, homeowners need to be aware that they must buy flood insurance separately from their home insurance policy.

Compare the coverage and cost of the best homeowners insurance providers in Florida picked by PropertyNest expert editors:

The Best Homeowners Insurance Companies in Florida

• Liberty Mutual: Best for Discounts that Lower Your Premium
• State Farm: Best for No-Fee Replacement Costs
• Travelers: Best for Unique Optional Coverage Add-Ons
• Nationwide: Best for Rebuilding or Repairing Your Home
• AIICFL: Best for Extra Flood Coverage
• Farmers: Best for Customer Service

Liberty Mutual: Best for Discounts that Low Premiums

Liberty Mutual is known as one of the lowest-cost insurance companies in the nation. Now, only do premiums generally start low, but you can get discounts that will lower your rate significantly.

Some of these include bundling if you haven’t filed a claim and are claims-free and getting a discount if you up the security in your home, such as posting cameras outside, having smoke detectors and smart home features, and adding multiple locks to your doors.

You can also get a discount if you opt for automatic payments linked to a bank account. These are just some of the discounts you can get. There’s more, making Liberty Mutual one of the best insurers that give back to its policyholders.

Liberty Mutual Homeowners Insurance Discounts

Liberty Mutual does offer plenty of other discounts for homeowners. The first three listed are Liberty Mutual's classic discounts.

• Bundling discount: Save money when you bundle certain policies, such as home and auto.
• New home discount: A discount offered to homeowners who purchased a new home.
• Online purchase: Get a discount immediately when you purchase your policy online.
• Security device discount: Adding security devices to your home, such as security cameras, fire alarms, burglar alarms, deadbolts, and fire extinguishers.
• Home protection devices: You'll also get a discount if you have water leak detection, shutoff devices, or sprinklers.
• New systems discount: If you just bought a new home or recently renovated your home and included all new electricals, plumbing, and HVAC systems and added a new roof, your premium will be lower.
• Early quote discount: Homeowners insured by another company are eligible for a reduced rate if they get a quote from Liberty before that other insurance terminates.
• RCV discount: You qualify for a discount if you choose replacement cost to insure your home rather than ACV or actual cash value.
• Military discount: If you are an active military member or a veteran, you also get a discount.

Read a full Liberty Mutual home insurance review.

State Farm: Best for No-Fee Replacement Costs

State Farm includes replacement cost coverage in many of its Florida homeowners insurance policies, according to PropertyNest research. In some cases, policies may extend up to 20% above the dwelling limit to help cover rising rebuild costs due to inflation or material shortages. However, coverage details can vary by region and policy type. This means you don’t need to buy a rider to get this feature. Typically, an insurer will offer ACV, but State Farm covers the current market value of lost or destroyed property regardless if your property items depreciate. In addition, if you insured your home up to its estimated replacement cost, State Farm will automatically extend your replacement cost coverage up to 20%

For example, a covered peril destroys your house that costs $200,000. If the cost to hire a contractor and the materials to rebuild your house increases because of demand, the policy will pay you up to 20% more. So, you’ll get $240,000 to rebuild your home, which is great.

State Farm Homeowners Insurance Discounts

Besides the following discounts, policyholders can qualify for free electrical fire monitoring provided by Ting.

• Roof discount: If you upgrade your roof using weather-resistant and impact-resistant roofing materials, you may be eligible for a discount.
• Multi-Policy Discount: Bundle policies and save.
• Home Alert Protection: If you install a fire alarm, a burglar alarm, or a fire protection device, you’ll also save.

Travelers: Best for Unique Optional Coverage Add-Ons

PropertyNest found that Travelers offered some of the most competitive rates in select Florida zip codes, with sample premiums starting as low as $1,760 per year for basic coverage. This is significantly below the statewide PropertyNest average of $4,820, though actual premiums may vary based on home location, risk factors, and optional endorsements.

Travelers has some of the most unique customizable coverage compared to other insurance companies in the same league.

While these add-ons add cost to your premium, they offer notable options not offered by many insurance companies.

These include:

• Water backup coverage
• Equipment breakdown
• Personal property replacement
• Decreasing deductible
• Identity fraud expense
• Valuable item coverage
• Extended liability

Travelers Homeowners Insurance Discounts

Travelers offers classic home insurance discounts along with a couple of unique ones.

• Multi-policy discount: Save as much as 12% if you bundle your home policy with auto and three other policies.
• New home buyer: You may qualify for a discount if you purchase your home less than 12 months before purchasing your policy.
• Loss-free discount: Homeowners with no claims or losses within a specified period may be eligible for this discount.
• Protective device discount: Smoke detectors, fire alarms, home security systems, sprinkler systems, or other security alert systems can help you save.
• Green home discount: If your home is LEED-certified green, you may receive up to 5% off.

Nationwide: Best for Rebuilding or Repairing Your Home

One of the ten largest U.S. insurers, Nationwide, stands out for offering you unique home rebuilding or repair costs. One of those is ordinance and law coverage.

Ordinance or law coverage is offered with Nationwide’s standard policy and would cost you extra with other insurers. With this policy, Nationwide pays to rebuild your home up to current building codes with a limit of up to 10% of your dwelling coverage.

The second standout is their replacement cost coverage. If your home is destroyed and you need it rebuilt, Nationwide’s “replacement cost plus” coverage pays up to 20% more than your policy limit if it costs more to rebuild your house.

Nationwide Homeowners Insurance Discounts

Nationwide offers homeowners plenty of opportunities to save when purchasing a policy.

• New homebuyer: Qualify for a discount if you bought a home within the last 12 months.
• Prior insurance discount: Nationwide offers a discount for new customers who had a policy for their homes before joining Nationwide.
• Multi-policy: Bundle home insurance with auto insurance to qualify for a discount.
• Protective device: You can save if you have protective devices such as home security systems, fire alarms, or smoke detectors.
• Roof rating: Save according to the age of your roof.
• Gated community: Additional savings apply if you live in a gated community with either security guards or electronic or remote locks.
• Claims-free discount: If you've been claims-free for a designated number of years, you can save on your premium.
• Home renovation credit: Nationwide rewards homeowners who have renovated their plumbing, heating/cooling, or electrical systems with savings on their policy.

American Integrity Insurance Company of Florida (AIICFL): Best for Extra Flood Coverage

American Integrity Insurance Company of Florida, or AIICFL, a subsidiary of AIIG, specializes in Florida homeowners insurance to cover Florida residents. You may know that a standard homeowners insurance policy does not cover flood damage.

But in Florida's coastlines, with its catastrophic national disasters, you need to be protected by flood insurance, or else you may have to pay out-of-pocket to replace damaged belongings. That being said, flood insurance can be costly, so much so that many insurers don’t offer this as either part of their standard policy or as an add-on.

PropertyNest’s analysis found that AIICFL offers one of the most extensive flood endorsements available from a Florida-based insurer, including optional coverage for storm surge, torrential rain, and hurricane flooding. In our comparison, AIICFL’s flood coverage premiums were up to 12–15% lower than many regional competitors. This endorsement may also offer higher limits—up to $5 million in building coverage—and fewer restrictions than standard NFIP plans, but eligibility and availability may vary.

Note: While AIICFL advertises minimal waiting periods, most private and federal flood policies require a 30-day waiting period unless purchased alongside a home sale.

AIICFL Homeowners Insurance Discounts

AIICFL offers some of the most unique discounts available for Florida's homeowners.

• New home discount: Owners built within the last five years can qualify for a discount.
• Senior discount: Policy buyers age 55 and up can save on their premiums.
• Protective device discount: Homeowners with fire or burglar alarms or smoke detectors may be eligible for a discount.
• Roof replacement discount: If your home is 15 years or older and you've replaced or updated your roof in the last ten years, you may qualify for a discount, granted you can provide proof of the update.
• Multi-policy discount: Find savings by bundling home and auto together.
• Good insurance score: You may be eligible for a lower premium if you have a good insurance score.
• Gated community: If your community or building provides extra security, such as a gate with a passkey and/or security booth, or provides security surveillance, you can find additional savings.
• Water Loss Prevention: You can get a discount if your newly constructed home's plumbing has been inspected and deemed defects-free.

Farmers: Best Homeowners Insurance for Customer Service

Customer service is ranked high for Farmers because you can call a live agent to buy a policy or make a claim. Using a website or app for homeowners insurance is undoubtedly convenient, but customers in the older range or who are technically challenged would rather consult with an agent. Also, policyholders value building a relationship with an agent over time, so when it’s time to speak with a customer service rep, they get personalized coverage.

Coverage that Stands Out

With optional coverage, if you need to replace large-item possessions such as a TV or an appliance, your policy will cover the current prices without depreciation.

Farmers Homeowners Insurance Discounts

Floridian homeowners have a few ways to save with Farmers. Farmers generally offer many more discounts, but they may not be available in Florida.

• Multi-policy: Bundling home insurance with another policy like auto is a classic way to find savings.
• Protective devices: Homes equipped with smoke detectors, fire alarms, burglar alarms, or other home security systems can qualify for a discount.
• Non-smokers: Maintaining a smoke-free home for a specified time may make you eligible for a discount.

Read a full Farmers homeowners insurance review.

Methodology

How We Ranked and Picked the Best Homeowners Insurance Companies in Florida

When determining the best homeowners insurance in Florida, certain items were considered to help narrow down the choices.

Coverage and Discounts

We looked at homeowners insurance policies based on how much coverage they offered.

Did an insurer offer more coverage options than others?

If the standard insurance policy didn’t offer enough coverage, did it at least have ways to broaden the scope of what it provided? As such, we focused on insurers with the best add-ons or endorsements.

However, the discounts that each insurer offered mattered most to us. With an eye on keeping costs down (this was also the occasion in which we considered the price of a policy and whether or not it was affordable), we looked at those insurers with the most discounts that would lower your premium.

Finding many for each insurer, we narrowed our focus to those with the most unique or easy-to-qualify discounts. Some insurers won’t take you if you live in a natural disaster area or if your dog is of a certain breed.

Technology

By now, every customer looking for an insurer knows how easy it is to get a quote through a company’s website and app.

Since the tech side of an insurer makes it more convenient for potential customers and existing policyholders, it also helps them save time, so they don’t have to reach a live agent and wait for him or her to answer.

In addition, we took to customer reviews for accessibility and how easy it is to use a website or app. If many consumers had a rough time navigating a company’s site and app, we removed that company from our list.

Customer Reviews

Customer reviews were used to narrow down the options. The reviews also helped determine each category.

Using customer reviews allowed us to see how customers chose a company based on affordable cost, accessibility, and overall coverage.

Locations

We surveyed insurance coverage prices in Jacksonville, Miami, Tampa, Orlando, and St. Petersburg.

Let’s look at what you need to know about homeowners insurance in Florida, such as what’s covered and what’s not, average costs, and how to stay protected from national disasters.

Is It Mandatory to Buy Home Insurance in Florida?

Homeowners insurance isn't mandatory by law. However, if you have a home mortgage, the lender will likely require it to protect its investment.

Even if you own your home outright, homeowners insurance can spare you from spending a lot of money on out-of-pocket costs to rebuild your home if it gets damaged due to a covered peril.

What Homeowners Insurance Covers in Florida

Homeowners insurance covers four main categories. These are liability, personal property, loss of use, and medical coverage.

Liability

If your neighbor comes over to your home and your floor is wet because you just mopped it, and they slip and fall, sustaining injuries, they might seek compensation from you. Liability protects you against lawsuits from people who have bodily injuries or property damages that you or your family caused to them. Furthermore, if your neighbor seeks other damages because their injuries caused them to lose work or business, your liability will cover your legal defense, and a standard policy includes up to $100,000 in liability coverage.

Personal Property

This policy protects your personal property if there’s a covered peril. A covered peril is a damaging event covered in your policy, such as theft, vandalism, fire, and smoke damage, to name a few.

In a busy city like Miami, there are two items specific to its location to look out for--theft and climate change. Miami’s crime rate is higher than the national average. Climate change-related weather events frequently happen in Florida since it’s on the coast and is susceptible to hurricanes and windstorms, lightning, and other natural disasters.

If climate change damages your personal belongings, you’ll also be covered if flooding does not damage it.

Loss of Use

If there’s a covered peril in your home, such as fire and smoke, that makes it difficult for you to breathe and makes your house unlivable, loss of use will reimburse you for any hotel stays and any meals you have at restaurants.

Learn more about the homeowners fire insurance coverage.

Medical Payments

Medical payments pay for medical care expenses if, like in the earlier example where your neighbor fell and got injured, that occurs in your home, regardless of fault. It’s important to remember that if medical care exceeds your coverage limits, you will be held responsible for paying the costs that aren’t covered.

So it would be best to consider adding a rider to your insurance to increase your policy limits so you don’t pay for a thing. Dwelling coverage in your standard policy covers damage to your house and attached structures like a porch. The insurance will pay enough to rebuild your home or structure.

Will Your Standard Homeowners Insurance Cover National Disasters?

In a word, no. Floods, earthquakes, and landslides aren’t covered by home insurance. For example, say your roof starts leaking due to a hurricane. Your standard policy will cover the water damage but not flood damage from the same hurricane. For coverage, you need special policies such as flood insurance or earthquake insurance.

How Much Does Homeowners Insurance Cost in Florida?

According to PropertyNest’s 2025 research, the average annual premium for a standard homeowners insurance policy in Florida is approximately $4,820, based on sample quotes for $300,000 in dwelling coverage, a $1,000 deductible, and $300,000 in liability protection.

The average cost of a stand-alone flood insurance policy is approximately $735 per year, with higher premiums in high-risk coastal zones and lower rates inland.

PropertyNest’s statewide research reveals that Florida homeowners can expect to pay anywhere from $2,400 to over $10,000 annually, depending on their property’s proximity to the coast, age of construction, roof condition, and the insurer’s underwriting practices.

This represents a significant increase over prior years and reflects the growing impact of hurricane risk, inflation, and coastal exposure on insurance pricing across Florida.

If there’s an increased likelihood of experiencing wind damage, your property will make it riskier to insure. The location of your home is what ultimately impacts your premium. If you move inland without proximity to a body of water, your rate will decrease. Insurers who decide on your rate also consider your age, gender, marital status, credit score, and claims history.

Coverage for Property Crime

Safety is also a significant factor when it comes to calculating premiums for home insurance. That's why where you live is important to consider. For example, property theft in Miami is about 70% higher than the national average. So, if you live near a densely populated beach with a high crime rate, your insurance rate will likely be high. But your rate will be lower if you own a home a little farther from Miami and a suburb known for its safe neighborhood.

What’s Not Covered in Homeowners Insurance in Florida?

Water damage caused by flooding from a hurricane that ruins your personal belongings is usually not included in a standard policy. A standard policy will only cover a limited expense not up to the total value of your most prized possessions. Many things that aren't covered under your standard policy stem from neglect and a failure to maintain your property. For example, termites and insect damage, bird or rodent damage, rust, rot, mold, and general wear and tear are not covered.

How You Can Protect Your Home and Your Personal Belongings

Since Florida—particularly in Miami, Cape Coral, Tampa, Jacksonville, Fort Lauderdale, and St. Petersburg—has hurricane seasons and frequent wind storms, your home is more susceptible to damage than homes elsewhere.

To ensure you are protected, before purchasing additional or supplemental insurance, it’s wise to talk to your homeowners insurance agent to identify your coverage correctly. While it depends on your home insurance company, you can get added coverage to your standard policy.

Flood and sinkhole insurance and hurricane coverage are policies you can get from your homeowners insurance as a supplemental add-on, which will raise the price of your premium but give you peace of mind that your belongings will be covered. This includes liability protection or added personal belongings coverage for valuables like jewelry and artwork.

For Florida residents, here are the essential coverages you should not do without.

Flood Insurance

Flood insurance covers flood-related water damage to your home and all your belongings. It is not covered in a standard policy and has to be purchased separately from your homeowners insurance as an add-on.

Read more: Best Flood Insurance Companies

Wind Damage

A standard policy covers wind damage. However, consider your risk if you live in a coastal city like Miami or Fort Lauderdale, where wind may be more hazardous and can wreak havoc on your home. If your standard insurance policy does not fully cover you, you may have to pay out-of-pocket. That’s why wind damage as a special add-on is wise to have.

Guaranteed Replacement Cost

If your home is destroyed, you should have enough homeowners insurance to rebuild it back to how it was before the damage. However, the money needed to repair or replace your home may go beyond your coverage limits, and you may have to pay out of pocket. And when there’s widespread damage in Florida, policyholders will try to get their homes repaired as soon as possible to avoid a long evacuation period. In this sense, contractors and their materials will be in short supply.

To fully protect your home, you should get a guaranteed replacement cost as a rider on your homeowners insurance policy. Guaranteed replacement cost is a dwelling coverage offered by some homeowners insurance companies. Check with your insurance agent to see if it’s covered or available, as the coverage can be invaluable to you after a disaster strikes. So, if you have guaranteed replacement costs and your home is seriously damaged, the policy will pay all the costs needed to reconstruct it regardless of your coverage limits. The best part is that the policy doesn’t factor depreciation in your claim settlement.

So, if you have this policy, you can rest assured that you are fully covered regardless of how much the rebuild costs.

Your add-on will be costly in Florida because it is home to recurring natural disasters.

Water Backup Coverage

A standard policy covers some types of water damage, but water backup is not. Water backup coverage is good because it covers flooding due to a broken sump pump or a sewer backup.

Sinkhole Coverage

A standard homeowners insurance policy does not include sinkhole coverage. A sinkhole happens when the ground below the land surface gets overflowed with groundwater and eventually collapses.

If you want protection, you can get sinkhole coverage as an add-on policy to protect your house and your personal property from sinkhole damage. Sinkhole insurance can be invaluable, as it also pays to stabilize your home’s land and covers the cost of repairing your foundation.

Identity Theft Protection

As we suggested, because Miami has a high crime rate, you have more chance of becoming a victim of identity theft. An example is the fraudulent use of your credit cards or social security number. This add-on will help you pay legal fees, associated bills, and other costs to recover your identity.

What Are the Types of Homeowners Insurance?

Two primary types of homeowners insurance policies exist actual cash value (ACV) and replacement cost. If your home is damaged, the replacement cost will pay the actual cost of rebuilding your home even if inflation increases, zoning updates, labor, materials, or other expenses.

For this reason, replacement cost coverage is more favorable to customers than ACV. That’s because ACV will pay for repairs up to the preset limits of your policy and no more. You're responsible for the difference if that limit is $300,000 and repairs cost $400,000. ACV costs are lower than replacement costs.

Replacement cost is generally more expensive than an ACV because you don’t have to pay the difference.

What Homeowners Insurance Discounts Are Available in Florida?

Homeowners insurance, regardless of the city it covers, often offers discounts that can lower your premium. However, discounts, or the type of discounts, vary per insurer but can add up to many savings.

Do your research to find a policy that has the most favorable discounts that apply to you. The most popular discount that all the insurance companies we looked at have is a multi-policy discount. If you bundle your homeowners insurance with your car insurance, you’ll save more each year. Most insurance companies in Florida offer the following discounts, which are the most popular.

• Safety: If you install a home security system or devices like smoke and motion detectors or add more locks to doors that lead outside, you’ll get a discount.
• New Home/Remodeling: If your home is new or if you remodel it (like getting a new roof), you’ll also get a discount.
• Going Paperless: You’ll get a discount if you go paperless and get your coverage details and information about your policy electronically.
• Auto-Pay: If you set up a direct deposit, that will also save you money.
• Loyalty Discount: If you stay with your insurance company for a while, you will earn a loyalty discount.