How much does Citizens Property Insurance Corporation homeowners insurance cost?
Homeowners insurance in Florida tends to be more expensive than many other areas of the United States because of the high risk of hurricanes and flooding in the state. Some of the other factors that affect homeowners insurance rates including the location of your home, your home’s condition and age, the size and type of home, the crime rate in your area, your claim history and your credit score. In the graph below, you can see the average cost of Citizens Property Insurance Corporation homeowners insurance compared to the average cost of homeowners insurance in Florida. The graph is split into two categories: a home worth $200,000 and a home worth $400,000.
The average Citizens Property Insurance Corporation homeowners insurance rates for both the $200K home and $400K home are higher than the average homeowners insurance cost in Florida. Please note that these are average homeowners insurance rates based on specific profiles and your rate could be higher or lower based on your unique characteristics that affect homeowners insurance rates.