How Can I Make My Panama City, FL Home Insurance Cheaper
Gavop's guide to buying homeowners insurance in Panama City, FL covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
Compare Quotes from Top Providers and Save now!
Select the Suitable Coverage Value for your Panama City, FL Home | Back to Top
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $57,000 | $50,000 | $25,000-$50,000 |
| 2 Bedroom | $119,000 | $110,000 | $125,000-$150,000 |
| 3 Bedroom | $195,500 | $170,000 | $175,000-$200,000 |
| 4 Bedroom | $222,000 | $200,000 | $200,000-$250,000 |
| 5 Bedroom | $383,000 | $340,000 | $400,000-$500,000 |
Estimate your Savings with Home Insurance Discounts in Panama City, FL | Back to Top
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$219 | $1,070 |
| Superior Protection Discount | -$116 | $1,174 |
| Fire & Security Discount | -$129 | $1,161 |
| Hail Resistant Roof Discount | -$26 | $1,264 |
| Newly Constructed Home Discount | -$284 | $1,006 |
Choose your Panama City, FL Home Insurance Coverage for your Specific Claim Requirement | Back to Top
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $6,216 |
| Physical Damage | $2,344 |
| Hail Damage | $4,618 |
| Wind Damage | $6,687 |
| Expensive Claims | |
| Fire | $43,782 |
| Smoke | $16,218 |
Identify Top Home Insurance Agents near Panama City, FL | Back to Top
| Home Insurance Company Panama City, FL | Homeowners Insurance Agency Panama City, FL | Address | Popularity Score | Distance from Panama City (miles) |
|---|---|---|---|---|
| Allstate | Mark S. Mckinney | 3009 Highway 77 Ste M, Panama City, FL, 32405 | 7.5 | |
| Allstate | Amy Dalton | 1315 E 14th St, Lynn Haven, FL, 32444 | 8.0 | |
| Allstate | Nancy S Ramsey | 1501 Mulberry Ave Ste 2, Panama City, FL, 32405 | 7.9 | |
| Allstate | Jeffrey Robinson | 1229 Airport Rd, Panama City, FL, 32405 | 9.0 | |
| Travelers | Hollomon Insurance Agency | 111 W 23rd St, Panama City, FL, 32405 | 7.9 | |
| Allstate | Joey Kirkland | 3 Miracle Strip Loop Ste B, Panama City Beach, FL, 32407 | 16.2 | |
| Allstate | Harry Denton Grizzle Ii | 2104 W 23rd St, Panama City, FL, 32405 | 9.7 | |
| State Farm | Michael Lovchuk | 3477 Highway 77 Unit A, Panama City, FL, 32405-4297 | 7.8 | |
| State Farm | Willie Pollard | 1317 N Tyndall Pkwy, Panama City, FL, 32404-3200 | 3.5 | |
| Travelers | Farrell Realty & Insurance Agency Inc | 701 Ohio Ave, Lynn Haven, FL, 32444 | 9.1 |
Compare Rates for Panama City, FL Home Insurance Providers | Back to Top
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Florida | $178,700 | $1,605 | $1,250 | $2,150 | $900 |
| Bay County, FL | $166,400 | $1,372 | $1,070 | $1,840 | $770 |
| Panama City, FL | $152,900 | $1,290 | $1,010 | $1,730 | $720 |
| Springfield, FL | $105,500 | $792 | $620 | $1,060 | $440 |
| Bay County, FL | $166,400 | $1,372 | $1,070 | $1,840 | $770 |
| Lynn Haven, FL | $175,500 | $992 | $770 | $1,330 | $560 |
| Vernon, FL | $102,000 | $916 | $710 | $1,230 | $520 |
| Blountstown, FL | $87,700 | $834 | $650 | $1,120 | $470 |
| West Liberty, FL | $61,200 | $812 | $630 | $1,090 | $460 |
| Eastpoint, FL | $118,500 | $1,202 | $940 | $1,610 | $670 |
| Cottondale, FL | $79,600 | $937 | $730 | $1,260 | $530 |
| Cypress, FL | $86,800 | $829 | $650 | $1,110 | $460 |
| Hosford, FL | $128,100 | $1,267 | $990 | $1,700 | $710 |
Research Home Insurance Companies Reviews in Panama City, FL Before Buying | Back to Top
Share a review on your home insurance company
State Farm Home Insurance Reviews
Date: July 29, 2019 Age: 40 to 49 Gender: Female Marital Status: Unmarried
Policy Offerings
I find State Farm to be similar to other insurance companies. I don't feel that they offer more or less. In this area we have earthquakes and they offer earthquake insurance, although it is pricey.
USAA Home Insurance Reviews
Date: October 24, 2019 Age: 40 to 49 Gender: Female Marital Status: Married
Premium
My premium has saved me an average of $500 per year since it is bundled to include auto insurance. I recently completed online inquiries to see if I could lower my current rate and all of my searches came back with a higher premium.