St Petersburg, FL Homeowners Insurance

Learn more about homeowners insurance rates and trends in St. Petersburg.

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Find affordable homeowners insurance in St. Petersburg


Homeowners insurance is a critical element of homeownership. Along with your personal belongings, homeowners insurance covers your dwelling in the event of many perils, including theft, fire, wind damage, and vandalism. Incidents like this occur often. When paired with the high cost of repairing or rebuilding a house, investing in an expansive homeowners policy can seem like a great move.

What you pay for homeowners insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your dwelling can also play a large role in how much you pay for home insurance. Some geographic areas are susceptible to perils such as hail, wildfires, pipe freezes, volcanoes, and other hazards. These perils can lead to more expensive homeowners insurance rates. Discover more information about the specifics of home insurance coverage.

If you want to find cheap home insurance coverage in St. Petersburg, start with shopping around and comparing a variety of different policies. . Check out the below summary of average home insurance premiums in St. Petersburg to begin your home insurance search with as much information as you can. Remember: your homeowners insurance costs may vary based on your coverage limits and other factors.


St. Petersburg, Florida, home insurance — contents:
  1. Rates by insurance company
  2. Rates by coverage amount
  3. Rates by ZIP
  4. Rates by deductible level
  5. Insurance bundle discounts

Home insurance in St. Petersburg by insurance company

What you pay for homeowners insurance in St. Petersburg will depend on the insurance company you get your policy through. State Farm offers the most affordable home insurance in St. Petersburg, at just $702 per year. This compares favorably to the city’s average homeowners premium of $1,705.

To get started with your homeowners insurance policy search, take a look at this list of the cheapest companies in St. Petersburg, Florida.


AFFORDABLE HOME INSURANCE COMPANIES IN ST. PETERSBURG
CompanyAverage Annual Rate
State Farm$702
Security First$709
Allstate$1,348
American Integrity$1,789
Peoples Trust$1,797

Average homeowners insurance rates in St. Petersburg by coverage levels

Your chosen level of homeowners coverage has an impact on the insurance premiums you pay . In St. Petersburg, carrying $200K dwelling coverage costs an average of $1,181, while carrying additional coverage up to $400K costs $2,363/year.


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

St. Petersburg homeowners insurance rates by ZIP code

Not every area of St. Petersburg has equal home insurance premiums. The amount of claims filed in your local area can be a factor in determining the price of your policy. Put simply, where you live could have a huge impact in what you pay for insurance.

To find the most affordable home insurance rates in St. Petersburg, look no further than 32803. In the 32803 area, homeowners coverage usually costs just $1,673 per year — a full $32 less than the St. Petersburg average. Find the best places to live in St. Petersburg for cheap home insurance by looking at the table below.


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

Other areas of St. Petersburg, however, face homeowners rates that are higher than the city average . These areas could be more susceptible to perils such as theft, severe weather, or fires that present more risk for insurance companies. The most expensive ZIP code for homeowners insurance in St. Petersburg is 32809, where the average annual rate is $1,730.


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

Looking for insights on homeowners insurance in a specific city? Check out our analysis of populous Florida cities:

  1. Hialeah
  2. Miami
  3. Orlando
  4. Tampa
  5. Jacksonville

Homeowners insurance deductibles in St. Petersburg

Among the plethora of options homeowners face when purchasing a home policy is how high or low to set the deductible. A deductible is the total dollar amount that the insured must contribute toward a covered loss. Choosing your deductible plays a significant role in how much you pay for your coverage.

On the whole, having a low deductible means that your insurance premiums will be higher. Therefore, if you are wanting lower home insurance rates, you’ll want to increase your deductible. It's worth remembering that your deductible should only be as high as you can reasonably pay in the event of a loss.

Take a look at some of the normal deductibles offered by insurers and an approximation of what you can expect your rates to be.


HOME INSURANCE COSTS BY DEDUCTIBLE TIER IN ST. PETERSBURG
Deductible LevelAverage Annual Homeowners 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 St. Petersburg? Try bundling

If saving money is something you're concerned with, you might purchase insurance for your home and auto through the same insurance company. Bundling your homeowners and auto insurance can save you a substantial sum each month on your auto insurance bill. Bundling policies in St. Petersburg could, in fact, lead to average annual savings of 6%.


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

It's definitely worth considering bundling both your auto and home policies as a potential way of saving money.


Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to auto and home insurance. He has a background in writing and education, as well as a master's degree from Royal Holloway, University of London. He has been quoted by CNET, iDriveSafely.com, and Kin Insurance.