Boca Grande, FL Home Insurance Quotes!

Enter your Zip Code:    
Easily compare up to 12 competitive Boca Grande, FL rates all in one place!

Are you looking for an easily and affordable way to get a Boca Grande, FL home insurance policy? Homeowners insurance for your home located in Boca Grande will protect you from major financial losses if your home was damaged by a hurricane, fire, lightning storm, high winds, theft, vandalism or falling objects like power lines, trees or air debris. In a standard homeowners insurance policy, most of the items mentioned are covered. Also, most Boca Grande, FL homeowners insurance policies provide liability coverage if you were found responsible for someone's injury. It's very important to speak with a licensed insurance agent about your coverage protection, for example, most homeowners don't realize that a normal home insurance policy does not cover flood damage. When you speak with one of our Boca Grande based home insurance agents you will discover that you may be required or find that it is best to get flood insurance as an additional policy toward the protection coverage of your property.

Understanding more about your Boca Grande home insurance is a huge advantage to getting the right coverage. It's not always about the cheapest price, sometimes paying a little more for better coverage with a brand name like Nationwide, Travelers or Liberty Mutual can help you gain the coverage you need when you depend on your insurance company the most. Our Florida agents are easily accessible by phone or online. You can start by entering your zip code for the home you would like to insure in Boca Grande, FL and let us generate the multiple quotes for you for free or call us now 888-685-4704. We will work with you to provide the best coverage and cost savings option. Start your Boca Grande home insurance quote today!

Average Boca Grande, FL Home Insurance Rates & Information

When shopping online for Boca Grande homeowners insurance, local residents have found better ways to save on their annual home insurance premium by easily comparing rates and applying for additional discounts. Rates are now as low as $1,365 per year for an HO-3 policy that covers the basic needs of homeowners insurance. Average rates in your area run around the $1,615 per year or only $135 per month for great coverage and a dependable insurance company you can trust. These average home insurance rates reflect the cost of a standard home insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage.

For the best home insurance rate and coverage options available, use GetHomeInsuranceQuotes.com to compare up to 12 rates for your home located in Boca Grande. Our process is free and our quoting application only takes a few minutes of your time to complete. Make sure you know when your home was built, the overall heated square footage of your home and all the discounts and credit options that may be available to you. Also, we calculate your dwelling coverage for you, but you can use our home insurance calculator to get a free estimate. To start the quoting process, simply enter your zip code. Our free online chat service is available if you have any questions about the property details of your home or give us a call now at 888-685-4704.

Compare Homeowners Insurance Rates in Boca Grande, FL!

Enter your Zip Code:    

Get up to 12 competitive Boca Grande, FL homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Boca Grande, FL rates all in one place!

Our Service in Florida

You can feel confident that our experience, integrity and service will help you find the best insurance policy at a price you can afford. We work with a wide variety of insurers in Boca Grande, Florida and all of them are top rated "A+" by A.M. Best Rating and have been in business for several decades.

Just a few of the insurers we work include American Integrity Insurance Group, Anchor Insurance, ASI, Bankers Insurance Group, Centauri Insurance, Chubb, Edison Insurance Company, Florida Peninsula Insurance Company, Heritage Insurance, Lexington Insurance, Olympus Insurance, People's Trust Insurance Company, St. Johns Insurance Company and many more.

Average Rates Nearby Boca Grande

Are you looking for homeowners insurance in a city near Boca Grande? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Boca Grande, FL

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Boca Grande.

33921,     

Boca Grande, FL Home Insurance Average Premiums

Local Boca Grande, FL home insurance quotes comparison

$1365 /yr.

Shows Boca Grande's lowest average rates with discounts applied.

For the city of Boca Grande, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)		$1365 /yr.
Average Coverage:$1615 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1915 /yr.

What is the average home insurance cost for a home in Boca Grande, FL?

  • • The average homeowners insurance premium paid annually for a home in Boca Grande is around $1615 per year.

What does it cost on average per month for home insurance in Boca Grande, FL?

  • • Homeowners in Boca Grande pay an average cost per month around $135.00 for insurance coverage.

Boca Grande, FL Coastal Wind, Hail & Flood Information

Boca Grande is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Boca Grande is know for it's beautiful beaches and waterways. Because Lee County (FIPS: 12071) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Boca Grande, FL.

Coastal Boca Grande, Florida Information: To obtain flood insurance coverage, the process usually takes more than 30 days to finalize, if you need flood insurance coverage now, please call us at 888-620-1954.
For more information about your area, please click Coastal Homeowners Insurance in Florida

Boca Grande, FL - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $3,311,282 $2,746,521
February $3,276,797 $2,858,823
March $3,255,411 $2,994,211
April $3,236,846 $3,132,237

Homeowners insurance will help cover the cost to repair or replace your Boca Grande home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

  • Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Boca Grande
  • Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
  • Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
  • Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
  • Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Enter your Zip Code:    

Get up to 12 competitive Boca Grande, FL homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Boca Grande, FL rates all in one place!

Saving Money Tips on Boca Grande Home Insurance

A great way to save money on Boca Grande homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

  • Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
  • Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
  • Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
  • Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Boca Grande area? Check out what homeowners are paying on average for Florida homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
0 ft. This is the average home elevation in Boca Grande, FL

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Boca Grande, Florida.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Boca Grande, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Lee County.

Florida Homeowners Insurance News & Information

  • Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024

    A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase.  Currently, a Broward commissioner is asking Congress to pass legislation he claims […]

  • Florida Lawmakers May Allow Takeout Offers to Citizens’ Policyholders Posted on Wednesday 13th March, 2024

    Lawmakers in Florida are moving closer to allowing specific insurer types to make offers to policyholders currently with Citizen’s Property to insure their vacation or second home.  SB 1716 this week cleared the Senate’s Fiscal Policy Committee for the takeout offers after the Senate’s Banking and Insurance Committee approved the measure earlier this month.  This […]

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • What exactly is a FAIR Plan? Posted on Tuesday 2nd January, 2024

    If you live in an area where severe weather is common, or wildfires pop up every summer you may have trouble finding affordable home insurance coverage. If homes in your area are repeatedly damaged or destroyed by a covered peril, insurers may pull out of the entire area, refusing to write policies in your neighborhood. […]

  • Florida Homeowners Advance From Citizens into Private Companies Posted on Tuesday 5th December, 2023

    Homeowners Choice Property and Casualty Insurance Co. has assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company, the parent company says in a Tuesday news release. Homeowners Choice is owned by HCI Group Inc., a holding company with operations in homeowners insurance, information technology services, real estate and reinsurance. Homeowners Choice […]

Boca Grande, FL Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Boca Grande so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Boca Grande, FL?

- The average square footage in Boca Grande is around 3,266 Sq. Ft. which would cost you around $1,198,700 to replace the home if you base the home on the price to build per square foot of $367.

Minimum Replacement Cost Total: $1,198,700

Location: Boca Grande, Florida (Lee County)

Average Building Cost Per Square Foot in Boca Grande: $367 (low end)

Average Square Footage in Boca Grande: 3,266 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$367$1,198,700
Some Additional Upgrades$459$1,498,375
Major Home Updates or Advancements$551$1,798,050

The dwelling coverage is calculated by the average cost per square foot ($367) in Boca Grande, Florida times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $1,146,875 (Media price to build of $459 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.