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Home Insurance Costs with Deductible Scenarios in Margate, FL & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Margate, FL $157400 $946 $1,302
Dania Beach, FL $174700 $710 $977
Coral Springs, FL $313500 $1061 $1,460
West Park, FL $155600 $1042 $1,434
Miramar-Pembroke Pines, FL $249000 $976 $1,343
Hillsboro Beach, FL $376300 $2020 $2,779
Tamarac, FL $140100 $871 $1,199
Oakland Park, FL $174900 $1021 $1,405
Hillsboro Pines, FL $378300 $2028 $2,790
Hollywood, FL $207700 $986 $1,357

Impact of Coverage Amount on Home Insurance Cost In Margate, FL

Coverage Amount Home Insurance Cost ($)
$100,000 $672
$200,000 $2,349
$300,000 $3,436
$400,000 $4,046
$500,000 $5,179
$750,000 to $1000,000 $5,988
Above $1000,000 $7,081


Margate, FL Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Margate, FL Average Home Insurance Cost$1,317.6
State Average Home Insurance Cost$1,605
Difference Vs national Average93.6

Top Homeowners Insurance Companies in Margate, FL

Insurance Provider Average Homeowners Insurance Cost($)
Federal $1,482
Castle Key $1,351
State Farm $740
Security First $535

Margate, FL Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -158 1159
One Claim +119 1436
Two Claims +184 1502