Florida Home Insurance Rates (2026): Citizens files lowest at $343/mo
Cheapest filed home rate in Florida right now: Citizens at $343/mo (effective 2026-01-01). Across 2 recent carrier filings, baseline rates range $343-$350/mo, averaging $346/mo. The 2023 NAIC state-average baseline is $198/mo for reference.
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Why rates in Florida look the way they do
Florida home insurance ($2,385/yr NAIC 2023) is high but isn’t the most expensive — Oklahoma’s $2,810/yr beats it. Florida’s distinguishing feature is volatility: 7 carriers became insolvent in 2022-2023, and Citizens (the state-run insurer of last resort) ballooned to over 1.4 million policies before reforms cooled the market.
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
A few state-specific dynamics worth knowing:
- PIP (no-fault) auto insurance is required by Florida statute; $10K minimum medical coverage.
- Citizens Property Insurance is the state-run insurer of last resort; ~1.2M policies as of late 2024.
- SB 2A (2022) eliminated AOB abuse, capped contingency-fee multipliers, and required a one-way attorney-fee statute repeal.
Recent filings + market moves:
- State Farm filed a 14.2% FL home rate increase effective December 2025 (SFG-FL-2025-HOME-03).
- Citizens depopulation program transferred ~430K policies to private carriers through Q4 2024.
Recent Florida home rate filings
Most recent publicly-filed rate changes from state DOI / SERFF. Each row is one carrier’s filed-baseline rate as of the effective date — not a personalized quote. Filing IDs link to the source filing.
| Carrier | Filed Rate | Effective | Filing | Source |
|---|---|---|---|---|
| Citizens | $343/mo | 2026-01-01 | filing | State DOI |
| State Farm | $350/mo | 2025-12-01 | filing | State DOI |
Best Florida home insurance by driver profile
The “best” home carrier in Florida depends on your specific profile. Below is how we route the top-rated carriers based on profile signals, using 2 recent filings + the 2023 NAIC baseline.
Best for high-value homes ($750K+) in Florida: Chubb and PURE specialize in high-net-worth coverage. Standard carriers cap dwelling coverage well below the replacement cost on these properties.
Best for standard single-family homes in Florida: Citizens files among the most competitive baseline rates in the standard market.
Best for older homes / specialty risks in Florida: Travelers and Liberty Mutual will underwrite properties that more conservative carriers decline.
Florida home insurance — what affects your rate
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
Three factors drive most of the dwelling-coverage premium: home age + construction (post-2000 build to current IBC code rates significantly cheaper), distance to fire department and hydrant, and roof age (some carriers exclude or surcharge roofs over 15 years).
Frequently asked: Florida home insurance
How much does home insurance cost in Florida?
The 2023 NAIC published average is $2,385/year (about $198/mo). Recent carrier filings suggest current rates run 10-25% above this baseline; the table above shows the actual filed numbers. Your specific quote depends on your ZIP, age, vehicle, driving record, and credit (where credit-based scoring is permitted).
Which carriers have filed recent Florida home rate changes?
PolicyChat’s ledger has recorded filings from Citizens, State Farm in the past 30 days. See the table above for filed rates and effective dates. Each row links to the source filing where the carrier published its actuarial justification.
Why are Florida home insurance rates high?
Florida’s insurance market is restructuring after the 2022 legislative reforms (SB 2A) eliminated assignment-of-benefits abuse and capped attorney-fee multipliers. Carriers that had exited or were on the brink of insolvency are starting to write new business again, but home rates remain among the highest in the country.
How can I lower my Florida home insurance bill?
The single biggest lever is comparing quotes across carriers — rate differences for the same profile commonly run 30-50%. The table above shows where carriers currently file baseline rates; your actual quote may rank carriers differently. Use Sage to get personalized quotes in 60 seconds: Start Sage
How PolicyChat sources this data
PolicyChat Rate Authority aggregates three public + licensed sources, with per-record provenance. Every row above can be traced to its source filing or partner-feed quote.
- State Department of Insurance / SERFF filings — public rate filings. PolicyChat Rate Authority pulls daily; filings appear within days of carrier submission.
- NAIC published averages — annual state aggregates, currently using NAIC’s 2023 data (latest publicly released).
- Licensed partner feeds (EverQuote, LendingTree) — real-time per-profile quotes pulled when a user walks through Sage.
Methodology: /methodology/rate-authority/
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