How much is homeowners insurance in Tampa, Florida?

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Our data shows that the average cost of homeowners insurance in Tampa is $5,165 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1,000 deductible). It’s $2,661 more than the national average of $2,504 .

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Tampa depend on several factors, including:

The size of your home
The age of your home
The amount of coverage you need
Where you live
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide for more info on how much homeowners insurance costs per month in Tampa, home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in Tampa.

Key Takeaways

In Tampa, homeowners insurance costs $5,165 annually.
Travelers offers the most affordable homeowners insurance in Tampa with an average annual premium of $1,685 .
If you increase your dwelling coverage from $200,000 to $300,000, your annual home insurance premium will be $1,370 higher.

How much is homeowners insurance in Tampa per month?

Residents of Tampa pay an average of $430 per month for homeowners insurance. This is $49 more than the state average of $381 and $221 more than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Tampa can vary depending on your location, property value, and selected coverage options.

How much is homeowners insurance for a $200,000 house in Tampa?

The average cost of homeowners insurance in Tampa, FL is $3,795 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The cost of your home insurance each year depends on several factors – including the risk of natural disasters in your area. If your city is prone to events like hurricanes, wildfires, or floods, you’ll likely pay more for coverage.

Some places are more prone to natural disasters, like floods, hurricanes, or tornadoes. That makes rebuilding after a major event more expensive, which is why home insurance tends to cost more in those areas. And keep in mind, your standard policy probably doesn’t cover flood or hurricane damage. If you live in a high-risk zone, it’s definitely worth looking into separate flood insurance for extra protection.

How much is homeowners insurance for a $300,000 house in Tampa?

Tampa residents pay an average of $5,165 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. To increase your dwelling coverage from $200,000 to $300,000, you’ll pay an additional $1,370 per year.

The smartest approach is to carry enough insurance to cover the full cost of rebuilding your home.

How much is homeowners insurance in Tampa by company?

Among the carriers we analyzed, Travelers is the most affordable homeowners insurance company in Tampa, offering an average annual rate of $1,685 , while Security First Insurance ranks second.

Researching a company thoroughly before selecting a homeowners insurance policy is essential – and we can help with that. We took a close look at all the insurance companies serving Tampa and put together a list of the most affordable ones.

Here’s a look at the top home insurance companies in Tampa and what you can expect to pay with each one on average.

Home insurance company	Annual rate
Travelers	$1,685
Security First Insurance	$3,661
HCI Group Inc	$4,827
Amer Integrity Ins Co of FL	$5,049
Heritage Insurance Holdings	$5,160
Nationwide	$5,278
State Farm	$6,005
Allstate	$6,048
Progressive	$6,109
Universal Insurance Holding	$7,142
Citizens Property Insurance	$7,447
FedNat Holding	$8,449

Many insurance companies offer discounts to customers who bundle their policies. By combining your home insurance policy with other policies, such as auto insurance, you can lower your premiums and simplify your insurance management with one provider.

Natural disasters in Florida that can impact your home insurance

Living in Florida means facing the risk of natural disasters that can seriously damage your home and belongings. These events can lead to expensive repairs and major insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

Being aware of your local risks helps you choose the right level of protection, from setting appropriate coverage limits to deciding on deductibles or adding extra coverage. Taking the time to tailor your policy to those risks can help you avoid being underinsured and give you peace of mind if you’re impacted by a natural disaster.

Florida is commonly affected by Hurricane and Lightning.

How home insurance protects you against natural disasters

Home insurance can provide valuable protection against the financial impact of natural disasters. Standard home insurance policies typically cover damages from fire, windstorms, hail and lightning. However, events such as floods, earthquakes or landslides are excluded and require purchasing additional policies or endorsements. For example, flood insurance must be purchased separately, as it is not typically covered by a standard home insurance policy.

Home insurance pays for home repairs, replacement belongings and temporary living expenses if your dwelling becomes uninhabitable due to damage. The protection offered by home insurance can significantly reduce the financial impact of natural disasters.

TIP

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Tampa for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.