Orlando Homeowners Insurance

Find affordable homeowners insurance in Orlando


Home insurance is an important investment for any homeowner. Along with personal property, homeowners insurance covers your dwelling in the event of many perils, including theft, fire, wind damage, and vandalism. Events like this occur often. When paired with the high cost of repairing or rebuilding a home, purchasing a robust homeowners policy can seem like a smart move.

The cost of homeowners insurance coverage is dependent on a number of factors. These include your dwelling's value, the value of your personal belongings, and the cost of the materials used to build your home. Your home's location can also impact how much you pay, as some locations are more prone to destructive hazards. If your area is at risk of being affected by hail, strong winds, fire, frozen pipes, or volcanic activity, then your premiums could be substantially higher than average. Find out more about what is covered by a homeowners insurance policy.

Finding affordable home insurance in Orlando starts with shopping around and comparing policies. Check out the below summary of average Orlando homeowners insurance premiums to ensure you start your search with as much background info as possible. It's important to remember that the cost of your homeowners insurance is often based on the coverage limits you choose as well as a variety of other factors.


Orlando, Florida, home insurance — table of contents:
  1. Rates by insurance company
  2. Rates by coverage amount
  3. Rates by ZIP code
  4. Rates by deductible amount
  5. Bundling discounts

Home insurance in Orlando by insurance company

What you pay for homeowners insurance in Orlando will depend on the insurance company you get your policy through. The most affordable home insurance in Orlando is State Farm offering average annual rates at just $702 per year. This is considerably cheaper than the city’s average homeowners premium of $1,705.

Have a look at the cheapest insurance companies in Orlando, Florida to find the best home policy for you.


AFFORDABLE HOMEOWNERS INSURERS IN ORLANDO
CompanyAverage Annual Rate
State Farm$702
Security First$709
Allstate$1,348
American Integrity$1,789
Peoples Trust$1,797

Average home insurance rates in Orlando by coverage limit

The level of homeowners coverage you select has an impact on the insurance premiums you pay. Homeowners in Orlando who carry $200K in dwelling coverage pay an average of $1,181 per year, while those with coverage up to $400K pay around $2,363 per year.


HOMEOWNERS INSURANCE RATES IN ORLANDO — POPULAR COVERAGE LIMITS
Coverage LevelAverage Annual Rate
$100K Dwelling$713
$200K Dwelling$1,181
$250K Dwelling$1,506
$400K Dwelling$2,363

Compare Homeowners Insurance Rates

Orlando homeowners insurance rates by ZIP code

Home insurance premiums can vary depending on what part of Orlando in which you live. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, your home's location could have a huge impact in what you pay for insurance.

The cheapest home insurance rates in Orlando are available in 32803. In 32803, the typical home insurance policy costs $1,673 per year — $32 less than the citywide average in Orlando. Find the best places to live in Orlando for cheap home insurance by looking at the table below.


AFFORDABLE AREAS FOR HOMEOWNERS INSURANCE IN ORLANDO
ZIP CodeAverage Annual Home Insurance Rate
32803$1,673
32812$1,673
32806$1,674

On the other hand, some areas of Orlando face higher homeowners insurance costs, on average. These areas of the city could be more prone to perils such as theft, severe weather, or fires that present more risk for insurance companies. With an annual average premium of $1,730, 32809 comes in as the costliest ZIP code in Orlando for homeowners coverage.


EXPENSIVE AREAS FOR HOMEOWNERS INSURANCE IN ORLANDO
ZIP CodeAverage Annual Home Insurance Rate
32809$1,730
32810$1,726
32825$1,725

Homeowners insurance deductibles in Orlando

Among the numerous choices faced by homeowners when shopping for homeowners insurance is how high to set the deductible. The deductible is the total amount that the insured must contribute toward a covered loss. Choosing your deductible plays a significant role in how much you pay for homeowners insurance.

On the whole, having a low deductible means that your insurance premiums will be higher. Therefore, if you are aiming for lower home insurance rates, you’ll want to increase your deductible. Remember that your deductible should only be set as high as you can reasonably pay in the event of a covered loss.

The following table shows the average rates affiliated with deductibles offered by most home insurers.


HOMEOWNERS INSURANCE COSTS BY DEDUCTIBLE TIER IN ORLANDO
Deductible LevelAverage Annual Home Insurance Rate
$500$1,637
$1,000$1,506
$1,500$1,489
$2,000$1,330
$5,000$1,275

Looking for a money-saving tip for insurance in Orlando? Try bundling

If you’re looking for ways to save on your overall insurance costs, consider purchasing your home and auto policies from the same insurance company. Bundling homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. In fact, bundling policies in Orlando leads to average annual savings of 6%.


CHEAPEST AUTO INSURANCE PREMIUMS WITH A POLICY BUNDLE IN ORLANDO
CompanyAvg. Annual Auto Insurance Rate (With Bundle)
USAA$837
State Farm$1,419
GEICO$1,971
Allstate$2,251
Progressive$2,464

Bundling your homeowners and auto policies can be a great way to save some money on insurance.


Find an Insurance Policy

Ava Lynch LinkedIn

Based in Austin, TX, Ava has been in the insurance industry as a licensed agent for 4-plus years. Ava is currently one of The Zebra’s resident property insurance experts and has been featured in publications such as US News Report, GasBuddy, and Yahoo! Finance.