Updated: November 26, 2024
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In Gainesville, FL, State Farm is the overall best and most affordable choice for home insurance. However, if customer service is your priority, Chubb is your best option.
These companies cater to different needs, and choosing the best cheap home insurance depends on your individual needs, like cost, coverage and service.
Best HomeInsuranceGainesville, FLTable of Contents
Why Trust MoneyGeek? We used data from Florida's Department of Insurance and Quadrant Information Services to find the best homeowners insurance in Gainesville, with our picks supported by data and industry standards.
Home insurance premiums in Gainesville represent the most competitive quotes as of September 2024.
MoneyGeek found that State Farm is the best option in Gainesville for home insurance with $100K dwelling coverage, scoring 93 out of 100.
The scores for home insurance companies in Gainesville, FL, range from 47 to 93, reflecting MoneyGeek's scoring system. Insurers may receive different scores based on your credit history, the age of your home and more.
| State Farm | 93 | $565 |
| Nationwide | 83 | $922 |
| Florida Peninsula Insurance | 80 | $825 |
| ASI | 74 | $684 |
| Allstate | 73 | $1,020 |
| Heritage Insurance | 68 | $812 |
| Chubb | 62 | $1,897 |
| Universal Property | 47 | $1,560 |
MoneyGeek found that State Farm has the best home insurance option in Gainesville for $100K dwelling coverage. The two best overall companies in the city for the same dwelling coverage are:
State Farm stands out for offering an ideal blend of affordability and customer satisfaction, which is key to its high MoneyGeek score.
In Gainesville, FL, many companies offer varying costs and service experiences. While price is important, consider factors like customer satisfaction and coverage options, as these can be crucial when making claims.
State Farm scores high in affordability and customer satisfaction, making it the top choice for home insurance. It offers comprehensive coverage with building ordinance or law and mold coverages. The building ordinance or law coverage helps if you need to upgrade your home to meet new building codes, while mold coverage is important for homes in damp areas.
Homeowners can save with State Farm discounts like roof replacement cost and wind mitigation. The roof replacement cost discount helps if your roof is damaged, while wind mitigation can save you money if your home meets certain standards.
MoneyGeek found that Chubb is the best option for home insurance in Gainesville, FL, offering excellent customer service for $100K dwelling coverage. Here are the top two providers for this coverage:
Chubb received high customer satisfaction and robust coverage scores. This combination ensures reliable protection for your home. Choosing Chubb means opting for a company that prioritizes your needs and responds effectively.
Chubb stands out for its high customer satisfaction score, making it a top choice for home insurance. It offers comprehensive coverage, including guaranteed replacement cost and building ordinance or law. The former ensures your home is rebuilt to its original state, even if costs exceed your policy limit, while the latter helps cover costs to meet current building codes. Chubb also provides cash settlement, which allows you to choose a cash payout instead of rebuilding.
You can also save with new home and home renovation discounts. These help if your home is new or recently renovated.
MoneyGeek found that State Farm is the best cheap home insurance option in Gainesville, FL, for $100K dwelling coverage. The top two cheapest homeowner insurance companies for $100K dwelling coverage are:
State Farm balances high affordability and customer satisfaction. It is a great choice if saving on costs is important, but keep in mind that cheap insurance means less coverage, which might not cover all accidents. In cases where saving on premiums is key, consider the cheapest companies or learn the average cost of homeowners insurance in Florida.
State Farm is the best cheap insurance provider for its affordability and customer satisfaction. It offers comprehensive home insurance with building ordinance or law and mold coverages. Building ordinance or law coverage helps if you need to upgrade your home to meet new laws, while mold coverage is useful if you face mold damage.
You can save with discounts like roof replacement cost, which helps if your roof is a total loss, and wind mitigation for homes meeting certain standards.
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 23, 2024
Many factors affect homeowners insurance in Gainesville, with location being key. To save money, compare rates, though it might take 15 minutes per company. Checking with three or more companies means over an hour of research. MoneyGeek's home insurance calculator can save you time, focusing on crucial factors. Just enter your age, coverage, credit score and deductible.
MoneyGeek found that State Farm is the best option for affordable home insurance in Gainesville, FL, with a MoneyGeek score of 96.
State Farm offers the lowest rates for $100K dwelling coverage in Gainesville while maintaining a top score. It also provides the cheapest prices for $250K and $500K coverage, making it an excellent choice for all ranges. The key factor influencing home insurance premiums is the dwelling coverage you select. Buying from the cheapest homeowners insurance in Florida can aid in managing finances effectively.
| State Farm | $565 |
| ASI | $684 |
| Heritage Insurance | $812 |
| Florida Peninsula Insurance | $825 |
| Nationwide | $922 |
| Allstate | $1,020 |
| Universal Property | $1,560 |
| Chubb | $1,897 |
State Farm is the best option in Gainesville, FL, for high-value homes with dwelling coverage of $750,000. High dwelling coverage is essential for homes that cost more to replace, which impacts home insurance costs.
State Farm stands out for affordable premiums and a MoneyGeek score of 96. Even with low rates, State Farm achieves high performance across multiple factors.
| State Farm | $2,371 |
| Allstate | $3,460 |
| ASI | $4,185 |
| Nationwide | $4,657 |
| Heritage Insurance | $6,343 |
| Florida Peninsula Insurance | $6,728 |
| Universal Property | $8,513 |
| Chubb | $14,520 |
ASI is the cheapest option for new homes, offering $100K dwelling coverage in Gainesville, FL.
ASI offers a low annual cost for new home insurance in Gainesville, though it may not have the highest overall rating compared to other insurers. It is important to ensure you are adequately covered.
| ASI | $235 |
| State Farm | $244 |
| Nationwide | $380 |
| Allstate | $493 |
| Heritage Insurance | $569 |
| Florida Peninsula Insurance | $610 |
| Universal Property | $1,029 |
| Chubb | $1,296 |
The best affordable homeowners insurance providers balance quality and cost by offering excellent customer service and coverage with reasonable premiums. Factors including coverage options, customer service and claim handling are also important. Follow these steps to get the best cheap home insurance:
To determine how much home insurance coverage you need, consider your home's specifics in Gainesville. Think about rebuilding costs, personal property value and liability needs.
Research insurance companies in Gainesville. Look for those with strong financial stability, positive customer reviews and a history of quality service.
Once you know what coverages you need, compare home insurance quotes. In Gainesville, premiums for $100K dwelling coverage can range from $565 to $1,897 annually.
Inquire with each provider about potential discounts, such as bundling policies, installing safety features or having a claims-free history.
Opting for a higher home insurance deductible can reduce your premium. Ensure it's an amount you can afford to pay if a claim arises.
Enhancing your home's security with systems and sturdy locks can lower its risk profile and decrease insurance costs.
A good credit score can influence your insurance rates in Gainesville. Pay bills on time and reduce outstanding debts.
Think about bundling your homeowners insurance with other policies like auto insurance. This can lead to discounts and savings.
The best cheap home insurance provider in Gainesville depends on what coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about the best cheap insurance rates in Gainesville, FL.
The average cost of home insurance in Gainesville is $818.
State Farm offers the cheapest home insurance in Gainesville with an annual premium of $565.
The best home insurance in Florida for Gainesville residents is from State Farm, 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.
