Gavop's guide to buying homeowners insurance in Key Biscayne, 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.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $258,500 | $210,000 | $250,000-$300,000 |
| 2 Bedroom | $532,000 | $500,000 | $400,000-$500,000 |
| 3 Bedroom | $524,500 | $460,000 | $400,000-$500,000 |
| 4 Bedroom | $992,000 | $840,000 | $800,000-$900,000 |
| 5 Bedroom | $885,500 | $820,000 | $700,000-$800,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$160 | $782 |
| Superior Protection Discount | -$85 | $857 |
| Fire & Security Discount | -$94 | $848 |
| Hail Resistant Roof Discount | -$19 | $923 |
| Newly Constructed Home Discount | -$245 | $697 |
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $6,337 |
| Physical Damage | $2,464 |
| Hail Damage | $4,665 |
| Wind Damage | $6,114 |
| Expensive Claims | |
| Fire | $44,229 |
| Smoke | $16,386 |
| Home Insurance Company Key Biscayne, FL | Homeowners Insurance Agency Key Biscayne, FL | Address | Popularity Score | Distance from Key Biscayne (miles) |
|---|---|---|---|---|
| Travelers | Burke Bogart & Brownell Inc | 181 Crawford Blvd, Boca Raton, FL, 33432 | 45.8 | |
| Travelers | Insurance Marketers Inc | 2600 Douglas Rd Ste 712, Coral Gables, FL, 33134 | 6.8 | |
| Allstate | Dennis Moran | 6516 N State Road 7, Coconut Creek, FL, 33073 | 42.7 | |
| Travelers | Filer Insurance Inc | 9440 Sw 77 Ave, Miami, FL, 33156 | 9.6 | |
| Travelers | Annette Willis Insurance Agency | 18401 Nw 27th Ave, Miami Gardens, FL, 33056 | 18.0 | |
| Liberty Mutual Independent | Willis Of Florida | 1450 Brickell Ave Ste 1600, Miami, FL, 33131 | 5.0 | |
| State Farm | Rich Galt | 9367 W Sample Rd, Coral Springs, FL, 33065-4101 | 40.5 | |
| Liberty Mutual Independent | Willis Of Florida | 1450 Brickell Ave Ste 1600, Miami, FL, 33131 | 5.0 | |
| Allstate | Bill Weller | 501 N Andrews Ave Ste 102, Fort Lauderdale, FL, 33301 | 30.1 | |
| Travelers | Russo Insurance Group | 1700 N University Dr #215, Coral Springs, FL, 33071 | 39.0 |
| 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 |
| Miami-Dade County, FL | $242,800 | $1,364 | $1,060 | $1,830 | $770 |
| Key Biscayne, FL | $1,137,100 | $942 | $730 | $1,260 | $530 |
| Kendall-Palmetto Bay, FL | $412,400 | $1,111 | $870 | $1,490 | $620 |
| Virginia Gardens, FL | $267,200 | $2,174 | $1,700 | $2,910 | $1,210 |
| Bay Harbor Islands, FL | $373,800 | $2,799 | $2,180 | $3,750 | $1,570 |
| Bal Harbour, FL | $755,500 | $893 | $700 | $1,200 | $500 |
| Medley, FL | $38,600 | $658 | $510 | $880 | $370 |
| Dania Beach, FL | $174,700 | $988 | $770 | $1,320 | $550 |
| North Key Largo, FL | $1,613,200 | $1,033 | $810 | $1,380 | $570 |
| Broward County, FL | $223,400 | $1,280 | $1,000 | $1,720 | $720 |