The Best Cheap Homeowners Insurance in Boca Raton, Florida for 2025: Quotes and Reviews

Most companies offer the same basic coverages, such as cyber events, identity theft and upgrades in compliance with a building ordinance. Because of this, one of the most important considerations when looking for homeowners insurance is the cost of their premiums.

The cheapest insurance companies in Boca Raton for home insurance with $250,000 in dwelling coverage are the following:

• Travelers: $1,073 per year
• Nationwide: $1,455 per year

For home insurance with $2 million in dwelling, the following are the cheapest companies in Boca Raton:

• Allstate: $7,470 per year
• Nationwide: $10,881 per year

See how adjusting your dwelling coverage limits affects home insurance prices in the table below.

These policies with the initial baseline dwelling coverage have personal property limits of $100,000. Moreover, all policies with a dwelling coverage of $2 million have personal property limits of $800,000. All policies have $100,000 in liability coverage. Other options for home insurance in Florida are available if you’re living in another city.

The average cost of home insurance in Boca Raton is $2,257 per year. This is cheaper than the average cost of home insurance in Florida of $2,359 per year but greater than the national average of $2,103 per year.

The cost of home insurance may vary depending on your location or other factors, including the amount of dwelling coverage, personal property coverage and your credit score.

MoneyGeek’s home insurance calculator helps you compare homeowners insurance quotes in your state.

Cost might be one of the most important considerations for you when looking for the best homeowners insurance in Boca Raton, but other factors matter as well. For example, the quality of a company’s customer service or your current financial stability may also affect your decision.

MoneyGeek gathered data on several companies and compared each of them based on affordability, user satisfaction and financial stability. As a result, we chose the following as the best home insurance companies in Boca Raton:

• Best Overall: Travelers
• Runner-up: Nationwide

Newly constructed homes are typically made of modern materials that are easier to replace and more resistant to damage. As a result, newly constructed homes are cheaper to insure since it’s less likely that homeowners will make a claim.

Home insurance for newly constructed homes in Boca Raton costs an average of $1,554 per year. On the other hand, a home built in 2000 costs an average of $2,257 per year to insure.

The cheapest insurance companies in Boca Raton for newly constructed homes with $250,000 in dwelling coverage are the following:

• Nationwide: $889 per year
• Travelers and ASI: $921 per year

Personal property is also covered by home insurance which allows for an added safety measure if your belongings are damaged. However, the more personal property you own, the more expensive your homeowners insurance can cost.

A standard policy for $250,000 in personal property coverage limits costs on average $2,566 per year, compared to an average cost of $2,257 for $100,000 in personal property coverage limits.

The cheapest home insurance companies in Boca Raton with the personal property coverage limit of $250,000 are the following:

• Travelers: $1,198
• Nationwide: $1,702

A deductible can significantly affect the cost of your home insurance in Boca Raton by reducing its annual cost. However, you’ll have to pay more personal money for a claim when you have a high deductible. On average, a policy with a $2,000 deductible costs $1,957 while a $1,000-deductible policy costs $2,257 per year.

The cheapest insurance companies in Boca Raton for policies with $2,000 deductibles are the following:

• Travelers: $951
• Nationwide: $1,226

Poor credit scores often lead to more expensive premiums as your credit score is a rating factor for insurance companies. For example, the annual premium for a policy with $250,000 dwelling coverage can be up to $2,885 if you have poor credit, compared to an average of $2,257 for those with good credit.

If you have poor credit, there are still companies that offer affordable options. The cheapest insurance companies in Boca Raton for homeowners with poor credit are the following:

• Travelers: $1,073
• Nationwide: $1,455

Getting a quote online is a convenient way to approximate how much your homeowners insurance in Boca Raton will cost. To receive an accurate estimate, you’ll need to provide the following information:

• The replacement cost of your home: To determine your dwelling coverage limits, you need to know the cost of rebuilding your home. A building contractor or a construction professional gives you an estimate.
• The value of your personal property: The things you have at home affect the price of your insurance so their value will set the personal property coverage.
• Personal information: It’s normal for the insurance company to ask for your address, information about the people living in your home, insurance history, credit score and other important information.
• Information about your house: Insurers ask about the specifications of your house such as the year it was built, the size and security features.

MoneyGeek analyzed home insurance premiums from ten companies in Boca Raton. We used data derived in partnership with Quadrant to calculate affordability scores for different coverage levels. We collected quotes for newly constructed homes, increased dwelling or personal property coverage, higher deductibles and poor credit scores. Customer satisfaction ratings were derived from J.D. Power surveys.

The base profile was for a home with 2,500 square feet built in 2000. This profile also includes a dwelling coverage of $250,000, personal property coverage of $100,000, liability coverage of $100,000 and a deductible of $1,000.