Best cheap home insurance in Orlando in 2025

The best home insurance companies Orlando

To find the best homeowners insurance in Orlando, Bankrate’s insurance editorial team considered factors like available coverage types, average rates, discount opportunities and third-party ratings, including the results of the J.D. Power 2024 U.S. Home Insurance Study. Based on our analysis of these factors and average premium data from Quadrant Information Services, we found that Allstate, State Farm, Tower Hill and Kin are some of the top companies for cheap home insurance in Orlando.

Note that due to the complex state of home insurance in Florida, coverage may be limited to certain areas or homes with certain features. Contacting a local agent is likely the best way to learn more about your options.

The cheapest home insurance companies in Orlando

Finding affordable home insurance quotes in Orlando can be complicated, but this Florida city tends to have lower rates and more availability than others in the state. However, keep in mind that flood insurance is not part of a standard home policy. It will need to be purchased separately. Below are some of the cheapest home insurance companies in Orlando depending on the dwelling coverage limit that’s appropriate for you.

How much is home insurance in Orlando, Florida?

The average cost of home insurance in Florida for $300K in dwelling coverage is $5,409. This is significantly higher than Orlando's average rate of $3,271. Depending on prior loss history, building materials and several other factors, your insurance cost could be higher or lower than the city average. Other considerations are whether your home has wind mitigation features or if you have bundled your auto and home insurance, which can help you lower the overall cost of coverage. 

Orlando rates by credit tier

One surprising fact is that credit history can make a significant impact on insurance rates. In Florida, and most other states, an insurance based credit score is used to determine premiums. One way to keep home insurance rates in Orlando down is by maintaining or working toward a good credit standing. Below are the five cheapest carriers for $300,000 in dwelling coverage in Orlando based on your credit.

Orlando rates by home age

While Florida is one of the most hurricane-prone states in the country, Orlando’s central location has historically isolated it from most of the damage other parts of Florida are susceptible to. That said, the age of a dwelling can be a strong rate factor in home insurance. The older the home, especially one that is not properly maintained, the more damage it may incur from an extreme weather event. And, even smaller storms can cause more damage to an older home than a newer one. Based on the age of the home, the following carriers offer the cheapest rates in Orlando for $300,000 in dwelling coverage.

Orlando rates by deductible amount

An insurance deductible allows homeowners to assume more or less financial risk in the event of a covered claim. The higher the deductible, the more risk they assume and, in turn, the lower the insurance premium. Keep in mind that Florida homeowners may have a separate wind or hurricane deductible that is percentage-based in addition to a flat home insurance deductible. The following insurance carriers in Orlando offer the cheapest rates for $300,000 in dwelling coverage based on various insurance deductibles.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze May 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on married male and female homeowners with a clean claim history, good credit and the following coverage limits:

• Coverage A, Dwelling: $300,000, $350,000, $450,000, $750,000
• Coverage B, Other Structures: $30,000, $35,000, $45,000, $75,000
• Coverage C, Personal Property: $150,000, $175,000, $225,000, $375,000
• Coverage D, Loss of Use: $60,000, $70,000, $90,000, $150,000
• Coverage E, Liability: $500,000
• Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000, $1,500, $2,000 or $5,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Credit: Rates were calculated based on the following insurance credit tiers assigned to our homeowners: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. The following states do not allow credit to be a factor in determining home insurance rates: California, Maryland, Massachusetts.

Year built: Rates were calculated based on the following years built for homes and assigned to our homeowners: “1959, 1982, 1992, 2010, 2017 (base) and 2020.

Bankrate Scores

Our 2025 Bankrate Score considers variables our insurance editorial team determined impact policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach. 

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, our team analyzed average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.