The highest homeowners’ insurance rates in the nation belong to ZIP code 33070, home to Islamorada Village of Islands, on Plantation Key in Florida, said Insurance.com’s analysis of average rates for nearly every ZIP code in the country. ZIP codes in Louise, Texas and Mobile, Alabama rank second and third, respectively, according to the independent consumer guide to insurance.
Homeowners can enter a ZIP code in Insurance.com’s average home insurance calculator to see the average premium for the location, as well as the highest and lowest rates from among six insurers. Site visitors can get a customized rate by choosing from among 10 coverage levels, allowing them to compare rates and carriers.
When setting rates, home insurance companies consider many factors, most importantly location, which reflects its exposure to hazards (including storm damage, wildfires and burglaries), home value, rebuilding cost, and the applicant’s credit history, in states that allow that practice.
The most affordable location for home insurance is Honolulu, followed by Oceano, California, Winooski/Burlington, Vermont and Potomac, Maryland.
