Updated: December 18, 2024
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In Pensacola, Florida, Chubb is both the overall best and cheapest choice for home insurance. If customer service is your priority, however, Chubb ranks highest.
These companies cater to different needs, like cost or customer service, and choosing the best cheap home insurance depends on your individual needs and preferences.
Best HomeInsurancePensacola, 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 Pensacola.
Home insurance premiums in Pensacola represent the latest available quotes as of September 2024.
Chubb is the best option in Pensacola, Florida, for home insurance with 100K dwelling coverage, achieving a MoneyGeek score of 99 out of 100. The scores for home insurance companies in Pensacola range from 38 to 99 using MoneyGeek's scoring system. Scores vary based on factors like credit history and the age of your home.
| Chubb | 99 | $2,246 |
| Florida Peninsula Insurance | 86 | $2,275 |
| State Farm | 86 | $2,745 |
| Allstate | 71 | $3,435 |
| Nationwide | 70 | $3,982 |
| Heritage Insurance | 68 | $2,741 |
| ASI | 55 | $3,915 |
| Universal Property | 38 | $5,085 |
Chubb is the best option in Pensacola, Florida, for home insurance with $100K dwelling coverage. The two best overall home insurance companies in Pensacola for $100K dwelling coverage are:
Chubb stands out as the best home insurance provider thanks to its strong affordability and high customer satisfaction scores. In Pensacola, Florida, various companies offer different cost and service experiences. While cost is crucial, factors like customer satisfaction and claims process are also important to consider.
Chubb is the best overall company with a high MoneyGeek score, thanks to its affordability and satisfaction scores. You can save with discounts like new home and home renovation. For example, you can get a discount if your home is 10 years old or less.
Chubb provides useful coverages like guaranteed replacement cost, which helps rebuild your home even if costs exceed your policy limit. Building ordinance or law coverage pays for upgrades to meet current codes. Cash settlement allows you to receive a payout if you choose not to rebuild.
Chubb is the best option for home insurance in Pensacola, Florida, offering superior customer service for $100K dwelling coverage. Here are the top two providers for this coverage:
Chubb stands out due to its excellent customer satisfaction and reliable coverage options. Excellent service in home insurance means being responsive, providing clear communication, and ensuring claims are handled efficiently.
Chubb is the best for service quality, with high satisfaction and coverage scores boosting its MoneyGeek Score. You can save with discounts like new home and home renovation. For example, you get a discount if your home is 10 years old or less.
Chubb's guaranteed replacement cost helps rebuild your home even if costs exceed limits. Building ordinance or law covers bringing your home up to code after a loss. Cash settlement lets you choose a cash payout if you don't rebuild.
Chubb is the best cheap home insurance option in Pensacola, Florida, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Chubb stands out for its impressive affordability and customer satisfaction, making it a top choice for budget-conscious homeowners. But cheap home insurance often means lower coverage, which may not be enough if an accident occurs. In instances where saving on premiums is a priority, considering the cheapest homeowner insurance companies may be beneficial.
Chubb is the best cheap company with a high MoneyGeek score, thanks to its affordability and coverage. Chubb provides new home and home renovation discounts. You can save if your home is seven or 10 years old or less, or if it's been renovated in the last six years.
Chubb's coverages like guaranteed replacement cost help rebuild your home even if costs exceed limits. Building ordinance or law covers bringing damaged areas up to code. Cash settlement lets you choose not to rebuild and get a cash payout instead.
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
Homeowners insurance in Pensacola depends on many factors, including location. Comparing rates is the best way to save, though it can take time — about 15 minutes per company — making it a good idea to check at least three options, potentially over an hour of research.
MoneyGeek's home insurance calculator helps you save quickly by analyzing key factors. Enter your age, dwelling coverage, credit score, deductible, liability coverage and more for an estimate.
Chubb is the best option in Pensacola, Florida. The key factor influencing home insurance premiums is the dwelling coverage you choose.
Chubb stands out as the cheapest homeowners insurance in Pensacola due to its low rates and high MoneyGeek score. While State Farm is not the lowest-priced option for $250K coverage, its high MoneyGeek score highlights good value. Similarly, for $500K, State Farm offers a balance of cost and service. Buying the cheapest homeowners insurance in Florida can help in managing finances effectively.
| Chubb | $2,246 |
| Florida Peninsula Insurance | $2,275 |
| Heritage Insurance | $2,741 |
| State Farm | $2,745 |
| Allstate | $3,435 |
| ASI | $3,915 |
| Nationwide | $3,982 |
| Universal Property | $5,085 |
State Farm offers the cheapest home insurance for high-value homes in Pensacola, Florida. High dwelling coverage is needed for expensive homes due to increasing home insurance costs.
State Farm stands out in Pensacola for its low costs combined with strong customer satisfaction. It is not only the cheapest but is also rated highly.
| State Farm | $12,073 |
| Chubb | $17,089 |
| Florida Peninsula Insurance | $18,557 |
| Heritage Insurance | $22,005 |
| Allstate | $22,508 |
| ASI | $22,682 |
| Nationwide | $24,916 |
| Universal Property | $26,669 |
State Farm offers the cheapest home insurance for new homes in Pensacola, Florida.
Due to its low cost, State Farm is the most affordable option for home insurance in Pensacola. However, while it's the cheapest, it may not necessarily be the best choice for all homeowners.
| State Farm | $1,109 |
| Allstate | $1,305 |
| Heritage Insurance | $1,360 |
| Florida Peninsula Insurance | $1,494 |
| Chubb | $1,501 |
| ASI | $1,524 |
| Nationwide | $1,852 |
| Universal Property | $2,381 |
The best cheap homeowners insurance providers balance quality and cost by offering excellent customer service and comprehensive coverage with affordable premiums.
The best cheap homeowners insurance in Pensacola depends on your needs. Consider factors like coverage limits, customer service and claims processes.
To understand how much home insurance coverage you need, consider your home’s specifics in Pensacola, Florida, including rebuilding costs and personal property value.
Look into insurance companies serving Pensacola, Florida. Focus on those with strong financial stability and positive customer reviews.
After determining your coverage needs, compare home insurance quotes. In Pensacola, Florida, premiums for $100K dwelling coverage range from $2,246 with Chubb to $3,915 with ASI.
Inquire about possible discounts, such as those for bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can manage in case of a claim.
Enhancing home security with systems and strong locks can lower your risk profile and potentially reduce insurance costs.
A good credit score can impact insurance rates in Pensacola, Florida. Pay bills on time and reduce outstanding debt.
Consider bundling homeowners insurance with other policies like auto insurance for potential discounts and savings.
The best cheap home insurance provider for you depends on your coverage needs and budget. Get answers to some of the most common questions about insurance rates in Pensacola, Florida.
The average cost of home insurance in Pensacola, Florida, is $2,362.
Chubb offers the cheapest home insurance in Pensacola with an annual premium of $2,246.
The best home insurance in Florida for Pensacola residents is provided by Chubb, with a MoneyGeek score of 99 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.
