Although Florida can be appealing to those who enjoy warm weather, living in the Sunshine State has its hazards, too. The average cost of homeowners insurance in Florida is $2,385 a year, or about $199 a month, according to a NerdWallet rate analysis. And that number is on the rise.

Florida home insurance rates have shot up in recent years due to frequent natural disasters and litigation expenses that insurers pass on to consumers. In the face of heavy losses, many insurers have raised rates, stopped selling policies in Florida or simply gone out of business. Massive claim losses from Hurricane Ian have added even more stress to an already struggling market.

Residents of Florida still have options when it comes to getting homeowners insurance. Here are a few companies to consider.

Note: Due to underwriting practices and market volatility, some companies in this article may not write new policies in your area.

Why you can trust NerdWallet
The best homeowners insurance in Florida
If you’re looking to buy homeowners insurance from a well-rated national brand, consider one of these insurers from NerdWallet’s list of the Best Homeowners Insurance Companies. Click on each company’s name to read our review.

Company

NerdWallet star rating

Average annual rate

Chubb

5.0NerdWallet rating 
$1,760 

State Farm

5.0NerdWallet rating 
$1,920 

Farmers

5.0NerdWallet rating 
Not available

Nationwide

4.5NerdWallet rating 
$1,655 

Amica

4.5NerdWallet rating 
Not available

Cincinnati Insurance

4.5NerdWallet rating 
Not available

Kin

4.5NerdWallet rating 
Not available

USAA*

5.0NerdWallet rating 
Not available

*USAA homeowners insurance is available only to active military, veterans and their families.

More about the best home insurance companies in Florida
See more details about each company to help you decide which one is best for you.

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Chubb
5.0

NerdWallet rating 
Perks and high coverage limits for affluent homeowners.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
About average
Discounts
Great set of discounts
NAIC complaints
Far fewer than expected
Chubb serves mostly affluent policyholders with high-value homes, offering lofty coverage limits and lots of perks. For example, the company covers water damage from backed-up sewers and drains, and pays to bring your home up to the latest building codes during reconstruction after a claim. (Many insurers charge more for these types of coverage.)

If you insure a secondary or seasonal home in Florida with Chubb, you can sign up for the company’s Property Manager service at no charge. With this service, a Chubb representative will inspect your home after a hurricane, report its condition to you, submit a claim on your behalf and help prevent further damage.

To learn more, read NerdWallet’s Chubb home insurance review.

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State Farm
5.0

NerdWallet rating 
Well-established insurer with a lengthy list of coverage options.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
More than average
Discounts
Average set of discounts
NAIC complaints
Fewer than expected
As America’s largest insurer, State Farm stands out for its long list of coverage options. Its policies generally include extra dwelling coverage in case it costs more than expected to rebuild your home after a covered disaster. You may also be able to add coverage for things like utility lines, damage from backed-up drains and the breakdown of major appliances.

State Farm offers a free Ting device as a perk for home insurance policyholders. Ting is a smart plug that monitors your home’s electrical network to help prevent fires.

To learn more, read NerdWallet’s State Farm home insurance review.

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Farmers
5.0

NerdWallet rating 
Farmers policies may come with valuable extras.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
More than average
Discounts
Average set of discounts
NAIC complaints
Fewer than expected
Homeowners policies from Farmers may include two valuable types of insurance: extended dwelling and replacement cost coverage. Extended dwelling coverage gives you extra insurance for the structure of your house, while replacement cost coverage offers higher reimbursement for stolen or destroyed belongings.

You may be eligible for a discount if you go without filing a claim for at least five years.

To learn more, read our Farmers home insurance review.

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Nationwide
4.5

NerdWallet rating 
For shoppers seeking a broad range of coverage options, Nationwide may fit the bill.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
More than average
Discounts
Great set of discounts
NAIC complaints
Close to expected
Nationwide offers a variety of ways to customize your policy. For example, you can add coverage for things like identity theft, high-value items and backed-up sewers and drains. Another option worth considering is dwelling replacement cost, which can pay up to double your policy limit in case it costs more than expected to rebuild your home after a disaster.

Because Nationwide sells homeowners policies through independent agents in Florida, you can’t get an online quote.

To learn more, read NerdWallet’s Nationwide home insurance review.

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Amica
4.5

NerdWallet rating 
Well-established insurer known for great customer service.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
About average
Discounts
Average set of discounts
NAIC complaints
Far fewer than expected
Rhode Island-based Amica stands out for its customer service and broad range of coverage options. The company has drawn significantly fewer consumer complaints to state regulators than expected for an insurer of its size, according to the National Association of Insurance Commissioners, or NAIC.

You may be able to customize your policy with extra coverage above your dwelling limit, in case your house costs more to rebuild than expected. You may also want to add coverage for damage from water backups or recovery from identity theft.

To learn more, see our Amica home insurance review.

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Cincinnati Insurance
4.5

NerdWallet rating 
Sells homeowners policies through local independent agents.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
More than average
Discounts
Average set of discounts
NAIC complaints
Far fewer than expected
Cincinnati Insurance sells homeowners policies through independent agents, with various options for standard and high-value homes. You may be able to add coverage for things like identity theft, personal cyber attacks or certain types of water damage.

Cincinnati may offer you a discount for bundling home and auto insurance, having a newer home, installing a centrally monitored alarm system or going a certain amount of time without filing a claim.

To learn more, see our Cincinnati home insurance review.

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Kin
4.5

NerdWallet rating 
Homeowners insurance in high-risk states with lots of extras available.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
About average
Discounts
Average set of discounts
NAIC complaints
Far fewer than expected
Founded in 2016, Kin is an insurance startup that sells policies directly to consumers. Its policies generally include replacement cost coverage for your personal belongings. That means if a covered disaster destroys your stuff, your policy will pay enough for you to buy brand-new replacements. (Some companies pay less due to depreciation of older items.)

Kin offers discounts for things like windproofing your home, living in a gated community and having water detection devices.

For more information, read our Kin home insurance review.

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USAA
5.0

NerdWallet rating 
Offers perks for the military community.

OVERVIEW

PROS & CONS

WHY WE PICKED IT
Coverage options
Below average
Discounts
Average set of discounts
NAIC complaints
Far fewer than expected
USAA serves the military community, including active members, veterans and their families. If you fall into one of these categories, you may want to give USAA home insurance policies a look.

Standard USAA homeowners policies include replacement cost coverage for your personal belongings. That means if your stuff is stolen or destroyed, the company will pay enough for you to buy brand-new replacements. (Many companies pay less for older, less valuable items.) USAA also covers military uniforms with no deductible for active or deployed members.

To learn more, read NerdWallet’s USAA home insurance review.