Tampa Homeowners Insurance

What Your Tampa, FL Homeowners Insurance Policy Needs

Find the right homeowners insurance policy for you.

Beautiful view of swimming pool at sunset

Located along the west coast of the state, Tampa, FL is the third most populous city in Florida and is the county seat of Hillsborough County. Residents of this city have access to many outdoor recreational activities. In fact, Forbes ranked this city No. 5 in its list of the best outdoor cities in America. As a popular tourist destination, this city also has a wide variety of restaurants, cultural venues and entertainment opportunities for those who live here. If you are among the proud homeowners in this lively Florida city, you will want to be sure to protect your investment with a suitable Tampa home insurance policy.

Our Independent Insurance Agents are available to help you find the best and most affordable home insurance policy to meet your coverage needs. These agents are able to work with a number of reputable insurance providers, and they can gather a selection of customized Tampa homeowners insurance quotes that you can review and compare together. Find an agent near you to get started.

  • National yearly premium average: $1,034
  • Florida yearly premium average: $1,103
  • 14th most expensive premium in the US

Florida residents pay higher-than-average rates for their home insurance coverage, largely because of their increased risk of sustaining property damage caused by hurricanes, tropical storms and other severe weather events. You can refer to the figures above to get an idea of what the approximate cost for coverage might be, but your actual Tampa homeowners insurance rates are based on a number of different factors, including:

  • The value of your home and the amount of coverage you wish to purchase
  • The age of your home and the building materials used in its construction
  • The type of property you are insuring (e.g., a detached single-family house, a condo, a townhome, a manufactured home, a mobile home , etc.)
  • The use of the property you are insuring: primary residence, vacation home or second home
  • The presence of any liability hazards, such as a swimming pool, on the property
  • The ZIP code in which your house is located
  • The amount of your deductible
  • Your claims history and credit score
  • Your bundling choice (i.e., whether you will be bundling your home policy with other policies, such as car or life insurance)

With so many different factors used in the rate calculations, you are likely to receive a different quote from every insurance company you contact. A local agent can help you obtain and compare customized quotes from a variety of reputable insurance companies. That way, you can be sure that you are paying a competitive price for your Tampa homeowners insurance coverage.


Save on Home Insurance

Our independent agents shop around to find you the best coverage.

Second Home and Vacation Home Insurance

If you own a vacation home or a second home, your coverage needs for that property are different from the coverage needs for your primary residence. If your extra property is located in an area that has a lower risk of weather-related damage, your cost should be lower. However, if you leave the home empty and unattended for several months out of the year, your cost will likely be higher. 

Additionally, if your extra property is in town and you lease it to tenants, such as students at the University of South Florida, you have increased liability risks and need coverage through a landlord insurance policy. Your agent can help you find the right policies to cover your extra homes and may even be able to save you money by bundling all of your home policies under the same insurance company. Talk to your local agent to learn more.

Number of Thefts in Florida

  • National number of burglaries: 37,814
  • Florida number of burglaries: 3,316

The burglary rate in Florida is lower than the national average, but is a bit higher in Tampa. For a large city, however, the crime rate is low. In recent years, residents of this city reported 1,820 burglaries, which equates to about 5.10 burglaries for every 1,000 households —  very similar to the national average.

You may qualify for a discount on your Tampa home insurance policy if you have a burglar alarm system installed in your home. While these systems are very effective theft deterrents, they are not foolproof. If your house is burglarized, first make sure that you and your family are safe and then call the authorities. You will need a copy of the police report when you file a claim with your homeowners insurance company. If you need assistance, your independent insurance agent can provide guidance throughout the claims process.

Number of Catastrophes in Florida

  • Number of catastrophes in Florida: 594
  • Number of tornadoes in Florida: 23
  • Amount of property damage in Florida: $210,240,000
  • 1 in 15 insured homes has a claim each year

Catastrophic events, such as tornadoes, wildfires and hurricanes, can cause a great deal of destruction to your home and the property inside it. Your Tampa homeowners insurance policy provides you with coverage against many of the hazards you are likely to face. You need to be certain that you have sufficient dwelling and contents coverage in place to enable you to rebuild and start over in the event of a total loss. Your agent can advise you if special endorsements are needed to insure any particularly valuable property you may have, such as collectibles and heirlooms. Your agent can also provide guidance if you are unsure whether purchasing actual cost or replacement value coverage is a better option for you.


Save on Home Insurance

Our independent agents shop around to find you the best coverage.

What Are the Risks in Tampa, FL?

Homeowners in Tampa are most at risk for property damage caused by severe storms and floods. Hurricanes, tropical storms and other storms can lead to widespread damage to area homes. Sometimes these storms spawn tornadoes. Your Tampa home insurance policy covers the damage caused by most severe weather events, but some insurers require you to purchase additional endorsements in order to be covered against hurricane damage. Your local agent will be aware of the risks you face as a homeowner in this city and will help you ensure that the policy you choose includes all the coverage you need.

Sometimes heavy rain from these storms can lead to flash flooding in the city. When this happens, the damage can be exceedingly expensive to repair. Unfortunately, coverage against flood damage is specifically excluded by home insurance policies, so you need to supplement your Tampa homeowners insurance policy with flood insurance through the National Flood Insurance Program (NFIP). Your agent can help you obtain an affordable flood insurance policy.

Compare Tampa Home Insurance Quotes

When it comes to purchasing a home insurance policy for your house in Tampa, you can choose from among multiple insurance providers. Comparison shopping enables you to find a great policy at an affordable rate, but if you are like many homeowners, you may find doing it on your own to be time-consuming and frustrating. That is why it is advantageous to work with an independent insurance agent. Your local agent can recommend appropriate coverage amounts, identify and eliminate coverage gaps, and collect quotes from a variety of insurance providers to make it easy for you find a competitively priced policy that meets your coverage needs. 

Find an agent with an office near you to learn more about finding the best Tampa homeowners insurance.

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