Updated: January 9, 2025
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In Pompano Beach, Florida, State Farm offers the best and cheapest home insurance. However, Chubb is the top choice for those who prioritize customer service.
These companies address different needs, so choose based on what matters to you, like cost, customer service or coverage options.
Best HomeInsurancePompano BeachTable of Contents
Why Trust MoneyGeek? We used data from Florida's Insurance Department and Quadrant Information Services to find the best homeowners insurance in Pompano Beach.
Home insurance premiums in Pompano Beach indicate the most competitive rates as of September 2024.
State Farm is the best home insurance option for $100K dwelling coverage in Pompano Beach, FL, with a MoneyGeek score of 93 out of 100.
Home insurance companies in Pompano Beach have scores ranging from 38 to 93, according to MoneyGeek's scoring system. Scores vary based on factors like credit history and home age.
| State Farm | 93 | $1,136 |
| Nationwide | 88 | $2,407 |
| Allstate | 79 | $2,992 |
| Florida Peninsula Insurance | 69 | $5,763 |
| Chubb | 64 | $10,350 |
| ASI | 62 | $5,111 |
| Heritage Insurance | 56 | $6,107 |
| Universal Property | 38 | $10,768 |
State Farm is the best home insurance company in Pompano Beach, FL, for $100K dwelling coverage because it offers a balance of affordability and high customer satisfaction. The overall top providers are:
While cost is important, consider factors like customer service and coverage options, as they matter when making claims.
State Farm scores high in affordability and customer satisfaction, making it a top choice for home insurance. Discounts on bundling policies or using home security systems can help you save.
It provides comprehensive coverage options, including scheduled personal property to protect valuables like cameras and sports equipment. Building ordinance or law coverage helps cover costs to meet updated building codes, while backup of sewer or drain protects against water damage from backed-up drains.
Chubb offers the best customer service in home insurance for $100K dwelling coverage in Pompano Beach, FL. It stands out for its high customer satisfaction and comprehensive coverage options. The top providers in this category are:
Excellent service in home insurance means quick and helpful support when you need it most.
Chubb leads in service quality with high customer satisfaction and coverage scores. It offers discounts on protective devices and new homes. For example, you can save by installing cameras or alarms.
Its comprehensive home insurance includes guaranteed replacement cost and building ordinance or law coverages. Guaranteed replacement cost coverage ensures your home is rebuilt even if expenses exceed policy limits. Building ordinance or law coverage pays for upgrades to meet current codes after a loss.
State Farm is the best cheap home insurance company for $100K dwelling coverage in Pompano Beach, FL, due to its high affordability and customer satisfaction scores. The top budget-friendly providers for this coverage amount are:
If saving on premiums is your goal, exploring the cheapest homeowner insurance companies can help.
While buying low-cost home insurance can help you save money, it might not cover all your needs in an accident. The best cheap home insurance gives you value, while the cheapest focuses primarily on low costs.
State Farm is the best cheap company, with high affordability and customer satisfaction scores. Discounts like bundling policies or installing alarms can help you save.
Its valuable coverage options can protect your home and belongings. Building ordinance or law coverage helps with the costs of meeting updated building codes, while scheduled personal property coverage covers valuables like cameras.
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:
Jan 22, 2025
Several factors, such as location, affect homeowners insurance costs in Pompano Beach. While comparing rates can save money, comparing multiple options can take up to 15 minutes per company and over an hour. Use MoneyGeek's home insurance calculator to save time. Enter details like age, dwelling coverage, credit score, deductible, liability coverage and a few other factors for a quick estimate.
State Farm offers the lowest home insurance costs in Pompano Beach, FL. Here are the cheapest rates for various coverage levels:
Your choice of dwelling coverage is crucial in determining home insurance premiums. State Farm earns the highest MoneyGeek scores for $100K, $250K and $500K coverages, making it the cheapest overall.
Purchasing the cheapest homeowners insurance in Florida helps manage your finances effectively by cutting down costs.
| State Farm | $1,136 |
| Nationwide | $2,407 |
| Allstate | $2,992 |
| ASI | $5,111 |
| Florida Peninsula Insurance | $5,763 |
| Heritage Insurance | $6,107 |
| Chubb | $10,350 |
| Universal Property | $10,768 |
State Farm is the cheapest option for high-value homes in Pompano Beach, FL. Homes needing high dwelling coverage often cost more to replace, raising home insurance costs.
State Farm stands out for its affordability for high-value homeowners. It offers the cheapest rates and ranks as a top choice based on overall evaluation criteria.
| State Farm | $4,915 |
| Nationwide | $16,304 |
| Allstate | $27,794 |
| ASI | $29,776 |
| Florida Peninsula Insurance | $47,013 |
| Heritage Insurance | $49,311 |
| Universal Property | $56,966 |
| Chubb | $76,165 |
State Farm offers the cheapest insurance for new homes in Pompano Beach, FL.
State Farm stands out as Hollywood's most affordable homeowners insurance option while ranking high in other key areas.
When selecting coverage, ensure it meets your needs.
| State Farm | $796 |
| Nationwide | $1,174 |
| Allstate | $1,203 |
| ASI | $1,970 |
| Heritage Insurance | $2,948 |
| Florida Peninsula Insurance | $3,397 |
| Universal Property | $4,930 |
| Chubb | $6,817 |
The best cheap homeowners insurance providers balance quality and cost, offering excellent customer service and coverage at affordable premiums. The best option for you depends on your needs. Consider factors like coverage, customer service and deductibles.
Follow these steps to find the best cheap home insurance:
Consider your home's rebuilding costs, personal property value and liability needs to determine how much home insurance coverage you need.
Research insurance companies operating in Pompano Beach, FL. Look for those with a strong financial background, positive customer reviews and a history of quality service.
Once you know your coverage needs, compare home insurance quotes. In Pompano Beach, FL, average annual premiums for $100K dwelling coverage range from $1,136 to $10,768.
Inquire with each provider about discounts, such as for bundling policies, installing security features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium. Ensure the deductible is affordable in case of a claim.
Enhancing your home's security with systems and sturdy locks can lower its risk profile, potentially reducing insurance costs.
Keep a solid credit score, as it affects your insurance rates. Pay bills on time and manage debt effectively.
Consider combining your homeowners insurance with other policies, like auto insurance, to access discounts and savings.
The best cheap home insurance provider depends on your coverage needs and budget. Get answers to common questions about the best affordable insurance rates in Pompano Beach, FL.
Pompano Beach, Florida's average annual home insurance premium is $4,210.
State Farm is the cheapest home insurance company in Pompano Beach, Florida, with an average annual premium of $1,136.
State Farm provides the best home insurance in Florida for Pompano Beach residents, 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 resident Personal Finance Expert. 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's also a 5-time Jeopardy champion!
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.
