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Home Insurance in Bradford County, FL: Companies & Premiums

Home Insurance in Bradford County, FL: Companies & Premiums

Home Insurance in Bradford County, FL: Companies & Premiums
Homes along Kingsley Lake in Starke, FL 📸: Youtube

A mostly rural county located in northeastern Florida, Bradford County has a relatively small population of 28,201 residents as of 2019, according to the US Census Bureau. This number is somewhat misleading, as a significant portion of the counted residents is part of the multiple state correctional facilities in the county, including Flordia State Prison, which has close to 1,500 residents.

Living in Bradford

Relative to the rest of the state and the rest of the U.S., Bradford County’s residents have low-income levels and enjoy a low cost-of-living. The median value for owner-occupied homes in the county is $97,200, and the county’s median household income is $46,197 as of 2018.

The largest city in Bradford County is Starke, the county seat, which has over 5,000 residents. Most of the state is made up of unincorporated areas, which are where the Florida Department of Correction’s facilities like Florida State Prison, and New River Correctional Institution are located. 

Because of the presence of these facilities, public administration jobs are common in Bradford County, and other common industries of employment are healthcare, social assistance, and retail.

Home Insurance Premiums in Bradford County

Compared to other rural, landlocked counties in Florida with similar real estate markets, Bradford County has relatively high average premiums for home insurance policies. As such, it’s important that you do what you can to reduce your insurance costs. As you can see in the table below, having a home with wind mitigation is one way you can obtain a more affordable insurance policy.

Average Homeowners Premiums in Bradford County

Construction TypeHome ValueAverage Premium
Overall Average$1,521.37
Pre-2001 (No Wind Mitigation)$150,000$1,552.00
Pre-2001 (With Wind Mitigation)$150,000$1,153.15
New Construction$300,000$1,858.96

The overall average home insurance premium in the county is $1,521, calculated from the data provided by Florida’s Office of Insurance Regulation. In addition to home mitigation, other factors can help reduce the cost of your premium and save you money each year. Often, companies will offer discounts for homeowners who bundle their home insurance policies with other insurance, such as auto, or to those who install security systems.

However, a much better way to obtain affordable insurance is to make sure the initial quote you get is one that is reasonably priced and offers you great value. Every insurance company will have its own method for calculating the quote they offer potential customers, so it’s important to thoroughly research and review quotes from a variety of insurance companies. 

Here’s a list of the companies with the lowest average premiums in Bradford County to get you started on comparison shopping for home insurance.

For $150,000 homes built before 2001 without wind mitigation, the average premium is $1,552.

  • Universal – $876
  • Tower Hill Prime – $1,001
  • Citizens – $1,003
  • First Protective – $1,068

List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Bradford County

Company NameAnnual Premium
Tower Hill Prime$1,001
First Protective$1,068
People's Trust$1,250
Tower Hill Preferred$1,253
Florida Peninsula$1,277
Southern Fidelity$1,325
Tower Hill Signature$1,334
Florida Farm$1,420
Tower Hill Select$1,438
Security First$1,486
Florida Family$1,561
American Integrity$1,583
Southern Oak$1,589
First Community$1,602
Liberty Mutual$1,616
American Traditions$1,617
Castle Key$1,669
Family Security$1,874
State Farm Florida$1,877
St. Johns$2,162
Auto Club Florida$2,264

For $150,000 homes built before 2001 with wind mitigation, the average premium is $1,152.

  • Universal – $517
  • Florida Farm – $683
  • Tower Hill Prime – $686
  • First Protective – $688

List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Bradford County

Company NameAnnual Premium
Florida Farm$683
Tower Hill Prime$686
First Protective$688
Tower Hill Preferred$860
People's Trust$915
Tower Hill Select$1,002
Florida Peninsula$1,004
Southern Fidelity$1,041
Southern Oak$1,071
Tower Hill Signature$1,092
Florida Family$1,138
St. Johns$1,247
American Traditions$1,250
First Community$1,293
Security First$1,313
American Integrity$1,318
Liberty Mutual$1,392
Castle Key$1,397
State Farm Florida$1,556
Family Security$1,591
Auto Club Florida$1,958

For $300,000 homes with new construction, the average premium is $1,859.

  • Universal – $949
  • Stillwater – $1,098
  • First Protective – $1,222
  • Florida Farm – $1,298

List of Companies & Rates for Home Valued at $300,000, New Construction in Bradford County

Company NameAnnual Premium
First Protective$1,222
Florida Farm$1,298
Tower Hill Prime$1,311
People's Trust$1,335
Southern Oak$1,430
Tower Hill Preferred$1,525
Tower Hill Select$1,598
Florida Peninsula$1,608
American Traditions$1,683
American Integrity$1,823
Security First$1,849
Tower Hill Signature$1,964
St. Johns$1,989
First Community$1,991
Florida Family$1,994
Castle Key$2,011
Southern Fidelity$2,027
Family Security$2,330
Auto Club Florida$2,563
State Farm Florida$2,628
Liberty Mutual$2,758

Flood Insurance in Bradford

While Bradford County may not be as vulnerable to tropical storms as other areas in Florida, homes in the county are still at risk for flooding during hurricane season each year. A significant portion of the county is located in flood plains of various bodies of water, which means homeowners in Bradford County need to purchase flood insurance to protect their homes financially.

The industry standard for FL home insurance is to exclude coverage for damage due to flooding, and the federal National Flood Insurance Program (NFIP) makes affordable flood insurance policies to homeowners living in areas at risk for flooding. You can purchase these policies through regional companies like First Protective.

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