How to find affordable homeowners insurance in Tampa
Home insurance is an important investment for any homeowner. Along with personal property, homeowners insurance covers your dwelling in the event of many perils, including theft, fire, wind damage, and vandalism. Given the relatively frequent occurrence of these incidents and the substantial cost of replacing a home, having a home insurance policy is a solid investment. The average homeowners policy costs $131 per month in Tampa, Florida. This is higher than what most Americans pay for home insurance.
The cost of home insurance factors in variables such as the cost of building materials, the value of your personal belongings, and the overall value of the primary dwelling. The location of your home also contributes to the price of your homeowners insurance policy. In areas prone to perils like windstorms, hail, fire, or even theft , home insurance rates may be higher to account for the extra risk. Find out more information about the specifics of home insurance coverage.
Finding affordable home insurance in Tampa starts with shopping around and comparing policies. Take a look at the summary below showing average home insurance premiums in Tampa to begin your home insurance search with as much info as possible. Remember: your homeowners insurance rates may vary based on your coverage limits and other factors.
Table of contents:
- Rates by insurer
- Rates by coverage amount
- Rates by ZIP code
- Rates by deductible amount
- Policy bundling savings
Tampa home insurance by company
What you pay for homeowners insurance in Tampa will depend on the insurance company you get your policy through. The most inexpensive home insurance in Tampa comes from Security First, which offers average annual rates of just $396 per year. This is more favorable than the city’s average home insurance premium of $1,570.
Below you'll find a list of the cheapest home insurance companies in Tampa, Florida to help you start your search. You can also check out our guide to the best home insurance companies based on the results of The Zebra's Customer Satisfaction Survey.
AFFORDABLE HOME INSURERS IN TAMPA
| Company | Average Annual Rate |
| Security First | $396 |
| State Farm | $601 |
| Allstate | $885 |
| Citizens | $1,890 |
| American Integrity | $2,044 |
Tampa homeowners insurance prices by coverage level
How much you pay for home insurance coverage is greatly impacted by the level of coverage you choose. In Tampa, carrying $200K dwelling coverage costs an average of $1,110, while carrying additional coverage up to $400K costs $1,910 per year.
POPULAR COVERAGE LIMITS IN TAMPA
| Coverage Level | Average Annual Rate |
| $100K Dwelling | $594 |
| $200K Dwelling | $1,110 |
| $250K Dwelling | $1,229 |
| $400K Dwelling | $1,910 |
Tampa home insurance rates by ZIP code
Not every area of Tampa has equal home insurance premiums. Policies are often priced on local variables such as the number of claims filed in the immediate area, meaning the neighborhood in which you live could have a major impact on how much you pay to insure your home.
If you're looking for the cheapest homeowners insurance premiums in Tampa, take at look at the 33714 ZIP code. In the 33714 area, homeowners policies typically cost just $1,524 on average — a full $46 less than the overall average for Tampa. The below table shows the best places to live in Tampa if you’re looking for affordable homeowners insurance.
AFFORDABLE HOME INSURANCE AREAS IN TAMPA
| ZIP Code | Average Annual Home Insurance Rate |
| 33714 | $1,524 |
| 33716 | $1,531 |
| 33713 | $1,536 |
Other areas of Tampa, it should be noted, face homeowners rates that are higher than the city average . Such areas might face a higher danger of perils such as fires or severe weather events. Similarly, they may also have a higher rate of crimes such as burglary or vandalism. The most expensive ZIP code for homeowners insurance in Tampa is 33712, where the average annual rate is $1,606.
EXPENSIVE HOME INSURANCE AREAS IN TAMPA
| ZIP Code | Average Annual Home Insurance Rate |
| 33712 | $1,606 |
| 33711 | $1,606 |
| 33705 | $1,606 |
Tampa homeowners insurance deductibles
Homeowners face a number of choices when purchasing a policy, including how much their deductible should be. A homeowners deductible is how much your insurance requires you to pay out of pocket toward a claim. Choosing your deductible can have a major impact on how much you pay for homeowners insurance.
When choosing a deductible, bear in mind that the higher your deductible is, the lower your insurance rates will be. Therefore, it might make sense to set a higher deductible if your are hoping to pay lower rates. Be mindful of the fact that your deductible should only be set as high as you can reasonably afford in the event of a covered loss.
Below you'll find some standard deductible options offered by most home insurance companies alongside with related average insurance rates.
HOME INSURANCE PREMIUMS BY DEDUCTIBLE LEVEL IN TAMPA
| Deductible Level | Average Annual Home Insurance Rate |
| $500 | $1,329 |
| $1,000 | $1,229 |
| $1,500 | $1,214 |
| $2,000 | $1,100 |
| $5,000 | $1,058 |
Home and auto insurance bundling in Tampa
If saving money is something you are worried about, it might be worth insuring your home and auto through the same insurance company. Bundling your homeowners and auto insurance can be a good money-saving option. By bundling your policies, Tampa homeowners could see annual savings of 6% on average.
CHEAPEST CAR INSURANCE RATES WITH HOME BUNDLE IN TAMPA
| Company | Avg. Annual Auto Insurance Rate (With Bundle) |
| USAA | $945 |
| State Farm | $1,593 |
| GEICO | $2,441 |
| Allstate | $2,466 |
| Progressive | $2,707 |
Compare quotes on Tampa, FL home insurance today!
About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.