Updated: December 18, 2024
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In Clearwater, Florida, State Farm is the cheapest choice for home insurance, and Nationwide is the overall best. If customer service is your priority, however, Chubb is best.
These companies cater to different needs. Choosing the best cheap home insurance depends on factors like cost, coverage and service.
Best HomeInsuranceClearwater, FLTable of Contents
Why Trust MoneyGeek? Our analysis uses data from Florida's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Clearwater.
Home insurance premiums in Clearwater represent the latest available quotes as of September 2024.
MoneyGeek found that Nationwide is the best option in Clearwater, Florida, for home insurance with 100K dwelling coverage, achieving a MoneyGeek score of 93 out of 100.
The scores for home insurance companies in Clearwater, Florida, range from 55 to 93 using MoneyGeek's scoring system. Insurers may receive different scores based on factors like credit history and the age of your home.
| Nationwide | 93 | $1,181 |
| State Farm | 93 | $1,234 |
| Florida Peninsula Insurance | 81 | $2,080 |
| Allstate | 80 | $2,158 |
| Heritage Insurance | 68 | $2,278 |
| ASI | 66 | $2,879 |
| Chubb | 62 | $7,155 |
| Universal Property | 55 | $4,394 |
Nationwide is the best option in Clearwater, Florida, for $100K dwelling coverage. The two best overall home insurance companies in Clearwater for $100K dwelling coverage are:
Nationwide stands out as the best home insurance provider because it offers strong affordability and comprehensive coverage.
In Clearwater, Florida, there are a variety of companies offering different costs and service experiences. While cost is a crucial factor, consider other aspects such as customer service and coverage options, which are important when you need to make claims.
Nationwide is the best overall company with high scores in affordability and satisfaction. You can save with discounts like bundle and protective device. Bundling your home and auto insurance can lower your premium.
Nationwide provides valuable coverages for homeowners. Cyber event/ID theft helps protect your personal data. Scheduled personal property covers high-value items like jewelry. Building ordinance or law coverage helps rebuild your home to current codes after a loss.
Chubb offers the best customer service in home insurance in Clearwater, Florida, for $100K dwelling coverage. Below are the top two providers for this coverage:
Chubb is the best choice due to its high customer satisfaction score and comprehensive coverage options, making it a strong contender despite its higher premium. Customers choosing Chubb can trust that they will receive responsive and reliable service.
Chubb is the best for service quality, with high customer satisfaction boosting its MoneyGeek score. You can save with discounts like new home and home renovation. New homeowners can qualify for a discount if their home is less than 10 years old.
Chubb's coverages are useful for homeowners. Guaranteed replacement cost helps rebuild your home even if costs exceed your policy limit. Building ordinance or law covers updates to meet current codes. Cash settlement lets you choose a payout if you decide not to rebuild.
State Farm is the best cheap home insurance option in Clearwater, Florida, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
State Farm stands out due to its high affordability and customer satisfaction scores, making it a strong contender. Although cheap home insurance may save money, lower coverage might not be enough if an accident happens. In cases where premium savings are a priority, considering the cheapest homeowner insurance companies could be beneficial.
Best cheap insurance differs from the cheapest by offering a better balance of coverage and satisfaction than merely the least expensive option.
State Farm scores high on affordability and satisfaction, making it a top choice. You can save with discounts like bundle and protective device. Installing fire or burglar alarms can qualify you for the protective device discount.
State Farm provides useful coverages like building ordinance or law, which helps if your home needs updates to meet current laws. Scheduled personal property covers valuable items like cameras and sports gear. Back-up of sewer or drain protects against water damage from backed-up sewers.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 21, 2024
Many factors influence homeowners insurance in Clearwater, and location is one of them. Comparing rates can save money, but it takes time; expect 15 minutes per company. Researching three or more could take over an hour.
MoneyGeek's home insurance calculator helps you save instantly. Enter your age, coverage needs, credit score, deductible and liability info for a quick estimate.
Nationwide is the most affordable home insurance option in Clearwater, Florida. The cost of your home insurance is greatly influenced by the dwelling coverage you choose. Here are the cheapest overall providers:
Nationwide stands out because it has the lowest annual premium for $100K dwelling coverage combined with a MoneyGeek score of 96. State Farm offers the lowest rates for $250K and $500K coverage, and its MoneyGeek scores are also strong at 96. Manage your budget effectively by exploring the cheapest homeowners insurance in Florida.
| Nationwide | $1,181 |
| State Farm | $1,234 |
| Florida Peninsula Insurance | $2,080 |
| Allstate | $2,158 |
| Heritage Insurance | $2,278 |
| ASI | $2,879 |
| Universal Property | $4,394 |
| Chubb | $7,155 |
State Farm is the best option in Clearwater, Florida. High dwelling coverage, like $750K, is necessary for homes that cost more to replace. This is because costs increase with higher coverage needs.
State Farm stands out as the cheapest homeowners insurance in Clearwater, Florida, based on its yearly premium. While it is the most affordable, it also has an excellent overall score, suggesting it offers a solid balance of cost and customer satisfaction.
| State Farm | $5,448 |
| Nationwide | $7,553 |
| Allstate | $13,893 |
| ASI | $16,543 |
| Florida Peninsula Insurance | $16,963 |
| Heritage Insurance | $18,308 |
| Universal Property | $23,066 |
| Chubb | $52,444 |
State Farm offers the most affordable annual premium for new home insurance in Clearwater, Florida.
State Farm stands out as the cheapest option based on its affordability in Clearwater, Florida. While it offers the lowest cost, you might want to consider other factors before deciding.
| State Farm | $489 |
| Nationwide | $593 |
| Allstate | $840 |
| Heritage Insurance | $1,027 |
| ASI | $1,141 |
| Florida Peninsula Insurance | $1,346 |
| Universal Property | $2,126 |
| Chubb | $4,719 |
The best cheap homeowners insurance providers balance quality and cost, offering great customer service and coverage with affordable premiums. The best cheap homeowners insurance in Clearwater depends on your needs. Consider factors beyond premiums, like coverage options, customer service and claims process.
To determine how much home insurance coverage you need, consider factors specific to Clearwater, Florida, like the cost to rebuild your home and the value of your belongings.
Look into insurance companies operating in Clearwater, Florida. Check their financial stability, customer feedback and service quality.
Once you understand your coverage needs, compare home insurance quotes. In Clearwater, Florida, premiums for $100K dwelling coverage range from $1,181 to $2,879 annually.
Inquire with each provider about potential discounts, such as those for combining policies, adding safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it is a manageable amount for you.
Enhancing home security with systems and strong locks can lower your home's risk profile and potentially decrease insurance costs.
Keep a strong credit score because it can impact your insurance rates in Clearwater, Florida. Pay bills promptly and minimize outstanding debts.
Consider combining your homeowners insurance with other policies like auto insurance to receive discounts and save money.
The best cheap home insurance provider depends on your coverage needs and budget. Homeowners should get answers to common questions about the best cheap insurance rates in Clearwater, Florida.
The average annual premium for home insurance in Clearwater, Florida, is $2,223.
The cheapest home insurance company in Clearwater is Nationwide, with an annual premium of $1,181.
The best home insurance in Florida for Clearwater residents is provided by Nationwide, with a MoneyGeek score of 93 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
