The average cost of homeowners insurance in Port St. Lucie is $5,533 for a home with $300,000 in dwelling coverage, $100,000 in liability and a $1,000 deductible. You can save by shopping around; the cheapest home insurance company in Port St. Lucie is Travelers.
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Homeowners insurance in Port St. Lucie, FL costs $5,533 a year on average. A home insurance policy protects your biggest investment, so it’s important to have the right coverage.
There are a lot of insurance companies in Port St. Lucie to choose from, and shopping around will ensure you get the best coverage at the best price.
Below, we’ll look at homeowners insurance rates in Port St. Lucie by company, coverage level and more to help you get the best deal.
Finding Affordable Coverage: Average Homeowners Insurance Costs in Port St. Lucie, FL
Home sweet home! As a homeowner in the sunny coastal town of Port St. Lucie, Florida, protecting your most valuable asset with homeowners insurance is essential. But how much does the average policy really cost local residents? In this comprehensive guide, we’ll break down typical Port St Lucie homeowners insurance rates by provider, coverage level, and more to help you secure the right protection at a competitive price.
Introduction to Port St Lucie, Florida
Nestled along Florida’s Atlantic coastline halfway between Miami and Orlando, Port St. Lucie is a mid-sized city known for its beautiful beaches, parks, and golf courses. Highlights of the area include:
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Population of around 185,000 residents
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Encompasses 120 square miles in St. Lucie County
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Features the St. Lucie River and Indian River Lagoon
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Home to the New York Mets spring training facility
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Considered part of the Miami-Fort Lauderdale metropolitan area
Port St. Lucie’s warm climate, affordable cost of living, and quiet pace of life make it a popular spot for retirees and families alike. Protecting your home here with insurance is key.
Average Homeowners Insurance Rates in Port St. Lucie
The typical Port St. Lucie homeowner can expect to pay an average annual premium of $5,533 for a policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible, according to 2021 insurer data.
That comes out to about $461 per month. Of course, your exact rate will vary based on your home’s details, chosen coverage limits, and provider.
How Much Does Homeowners Insurance Cost by Dwelling Coverage Limit?
The amount of dwelling coverage you select heavily impacts your premium cost. Here’s how average annual rates in Port St. Lucie compare at different dwelling coverage limits:
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$200,000: $5,413 per year
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$300,000: $5,533 per year
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$400,000: $7,054 per year
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$600,000: $12,228 per year
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$1 million: $25,258 per year
As you can see, premiums progressively rise as you increase dwelling limits to account for the higher rebuilding costs the insurer would have to cover. Match this limit to your home’s estimated reconstruction cost.
Most Affordable Home Insurance Companies in Port St. Lucie
Insurers operating in Florida offer wildly differing premium rates, so shopping around is crucial. According to 2021 data, the most affordable major home insurance providers in Port St. Lucie based on average yearly rate are:
- Travelers: $1,219 per year
- Nationwide: $3,987 per year
- Amer Integrity: $5,344 per year
- Security First: $5,416 per year
- Progressive: $5,575 per year
Travelers offered the lowest rates by far at just over $1,200 annually, while other top insurers ranged from $3,987 up to $5,575. Compare quotes to find the best match for you.
How Credit Impacts Average Cost of Homeowners Insurance
Insurers factor your credit-based insurance score into your risk profile. Here’s how Port St. Lucie average yearly premiums differ based on credit level:
- Excellent credit: $8,536 per year
- Good credit: $8,687 per year
- Fair credit: $8,826 per year
- Poor credit: $9,214 per year
Homeowners with excellent credit save $678 per year compared to those with poor credit, on average. Maintaining good credit can really pay off when insurance shopping.
What Home Insurance Discounts Are Available?
Most insurers offer a range of discounts to help cut your premium costs:
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Multi-policy discount: Save ~10-20% for bundling home and auto insurance
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Loyalty discount: Save ~5-15% for staying with the same provider over time
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Security system discount: Save ~5-15% for features like smoke detectors and alarms
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New home discount: Save ~5-15% for newly constructed homes
Ask your insurer what discounts may apply to you. Every bit of savings helps reduce your homeowners insurance expenditure.
How Hurricane Risk Impacts Costs
Florida’s vulnerable coastline means hurricane risk is a cost driver for home insurance here. Consider options like:
- Higher hurricane deductible to lower premiums
- Fortified home discounts for impact-resistant features
- Policy from state-backed Citizens Insurance if you can’t find affordable coverage
Be prepared for rate hikes following major hurricane losses in Florida. Shopping around after big storms can identify savings.
Is Flood Insurance Required?
Standard homeowners policies exclude flood damage. Because Port St. Lucie features low-lying coastal areas, purchasing separate flood coverage can be wise to protect against storms, tidal flooding, and heavy rainfall.
The average flood insurance premium in Port St. Lucie is around $700 per year through the National Flood Insurance Program. Costs are based on your home’s flood zone on government maps.
Key Takeaways for Port St. Lucie Home Insurance
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Average yearly premium: $5,533
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Shop around for the best rates in your area
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Compare quotes from Florida homeowners specialists
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Maintain good credit for lower premium costs
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Consider add-ons like flood insurance near water
Protecting your home with tailored insurance coverage provides peace of mind. Use this guide’s Port St. Lucie average rates as a starting point when exploring providers and policies to shield your property.
How can you save on homeowners insurance in Port St. Lucie?
If you’re looking to save on your homeowners insurance, the best way is comparing quotes from multiple insurers. Homeowners insurance companies offer a variety of different discounts to help you lower insurance costs. Here are a few common ones.
Homeowners insurance cost in Port St. Lucie by credit rating
Insurance companies in Port St. Lucie can use credit information as one of the factors affecting the cost of your policy.
Homeowners with good credit pay an average of $8,536 for their insurance, which is $678 less than those with bad credit who pay an average of $9,536 for the same insurance. The table below shows the average annual insurance cost for homeowners with different credit levels.
| Credit score | Average annual cost |
|---|---|
| Excellent | $8,536 |
| Good | $8,687 |
| Fair | $8,826 |
| Poor | $9,214 |
Homeowner’s Insurance in Port Saint Lucie, FL
FAQ
How much is home insurance in Port St. Lucie, Florida?
How much is the average homeowners insurance in Florida?
How much is homeowners insurance in Fort Lauderdale?
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City
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Average annual rate
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Average monthly rate
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Bradenton
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$2,100
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$175
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Cape Coral
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$2,450
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$204
|
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Fort Lauderdale
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$4,775
|
$398
|
|
Fort Myers
|
$2,445
|
$204
|
Is Port St. Lucie in a flood zone?
How much does home insurance cost in Port St Lucie?
Homeowners insurance costs $5,413 per year for dwelling coverage of $200,000 and $5,533 for $300,000 of dwelling coverage. Below are the average annual and monthly Port St. Lucie home insurance rates for different amounts of dwelling coverage. Note: For the above rates, the deductible amount is $1,000 and liability protection is $100,000.
Who provides the best homeowners insurance in Port St Lucie?
According to the evaluation, the following companies provide the best homeowners insurance in Port St. Lucie: Travelers is the best insurance company in Port St. Lucie, with an average annual cost of $889 for a home insurance policy. The insurer received the highest scores on the financial stability and affordability indices.
What factors affect the cost of homeowners insurance in Port St Lucie?
Port St. Lucie ,FL Home Insurance – The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
Do new homes have lower homeowners insurance rates in Port St Lucie?
In Port St. Lucie, newly constructed homes have lower homeowners insurance rates than old ones. New homes feature modern materials that are more resistant to damage and easier to replace, making it less likely that you will file a claim. The average cost of homeowners insurance in Port St. Lucie for a newly constructed home is $1,384 per year.