Average Renters Insurance Cost in Florida

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Renters insurance costs in Florida vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Florida is $215 per year or $18 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ.

Key Takeaways

The average cost of renters insurance in Florida is $215 per year or $18 per month.
Nationwide provides the least expensive renters insurance in Florida at an average rate of $132 annually.
Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Florida.

Average renters insurance cost in Florida per month

In Florida, the average monthly cost of renters insurance is $18. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.

Average renters ins cost per month	Difference compared to national average
$18	$6 less

Average renters insurance cost in Florida by company

According to our data, Nationwide provides the most affordable renters insurance in Florida, with an average annual rate of $132, followed by State Farm and Security First Insurance.

Getting quotes from multiple renters insurance companies in Florida is a good idea, as prices can differ significantly among insurers.

Below, you can find average annual and monthly renters insurance rates from various companies in Florida.

Company	Average annual rate	Average monthly rate
Nationwide	$132	$11
State Farm	$146	$12
Security First Insurance	$165	$14
Citizens Property Insurance	$179	$15
Allstate	$193	$16
Universal Insurance Holding	$256	$21
Progressive	$287	$24
HCI Group Inc	$388	$32

Renters insurance calculator in Florida

$203/year

Estimated renters insurance rates in Florida

$17

Monthly renters insurance cost in Florida

-25%

Compared to national average

Average cost of renters insurance in Florida by coverage level

On average, Florida renters pay $215 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.

Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in Florida to $147 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.

Below are the average annual renters insurance costs in Florida for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$147	$12
$20,000 with $500 Deductible and $300,000 Liability	$159	$13
$20,000 with $1,000 Deductible and $100,000 Liability	$135	$11
$20,000 with $1,000 Deductible and $300,000 Liability	$147	$12
$40,000 with $500 Deductible and $100,000 Liability	$224	$19
$40,000 with $500 Deductible and $300,000 Liability	$236	$20
$40,000 with $1,000 Deductible and $100,000 Liability	$203	$17
$40,000 with $1,000 Deductible and $300,000 Liability	$215	$18
$60,000 with $500 Deductible and $100,000 Liability	$301	$25
$60,000 with $500 Deductible and $300,000 Liability	$313	$26
$60,000 with $1,000 Deductible and $100,000 Liability	$273	$23
$60,000 with $1,000 Deductible and $300,000 Liability	$285	$24

Average cost of renters insurance in Florida by city

Renters insurance premiums can differ significantly depending on the city. To help you find the best policy for your needs, we’ve compiled a breakdown of average costs by city. Explore the typical renters insurance rates across various locations in Florida.

Renters insurance rates in Florida by city

See rates in your city

Average cost of renters insurance in Florida by ZIP code

The cost of renters insurance in Florida varies by ZIP code. It’s important to note that the affordability of renters insurance can differ significantly depending on your location.

To provide a more comprehensive overview, let’s see some of the most and least affordable ZIP codes for renters insurance in Florida.

Most affordable ZIP codes for renters insurance in Florida

The amount Florida renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 32110 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $161.

Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Florida.

ZIP code	City	Average annual rate	Average monthly rate
32110	Bunnell	$161	$13
32164	Palm Coast	$162	$13
32706	Cassadaga	$165	$14
32190	Seville	$165	$14
32124	Daytona Beach	$166	$14
32130	De Leon Springs	$166	$14
32713	Debary	$166	$14
32720	Deland	$166	$14
32725	Deltona	$166	$14
32722	Glenwood	$166	$14

Least affordable ZIP codes for renters insurance in Florida

33070 is the most expensive ZIP code for renters insurance in Florida, at an average cost of $414 annually or $35 monthly.

We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Florida. The table below shows the average annual renters insurance rates by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
33070	Islamorada Village of Islands	$414	$35
33037	Key Largo	$414	$35
33040	Key West	$411	$34
33043	Big Pine Key	$408	$34
33051	Key Colony Beach	$408	$34
33001	Long Key	$408	$34
33050	Marathon	$408	$34
33052	Marathon Shores	$408	$34
33042	Summerland Key	$408	$34
33013	Hialeah	$375	$31

Final thoughts: Average renters insurance in Florida

Renters insurance is a must for Florida renters. It protects personal belongings from damage caused by fire, theft, vandalism and natural disasters, giving renters confidence and peace of mind.

Finding the most affordable renters insurance requires shopping around and comparing quotes from multiple insurers. To make an informed choice, consider not just the price but also the coverage options, deductibles, and customer reviews.

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.