Located in the center of the Florida Panhandle, Calhoun County is a landlocked municipality with one of the lowest populations in the state. As of 2019, the county only had 14,105 residents according to the US Census Bureau. Additionally, the state has a median household income of $38,609 as of 2018, which is almost half of the national median household income.
Population Centers in Calhoun
The county seat, Blountstown is the largest city in Calhoun County, and its residents make up roughly 15 percent of the county’s population. The largely rural county has a fairly low population density and is primarily made up of unincorporated communities rather than official cities and towns.
The median home value in the county is $81,300 for owner-occupied homes from 2014-2018 according to the US Census. Despite the low property value, the average homeowners premium is not as inexpensive as in similar housing markets found in nearby counties.
Although Calhoun County is landlocked, it’s still fairly close to the Gulf coastline, and it’s recently seen significant damage from Hurricane Michael in 2018, which is something that insurance companies would take into account when calculating premium quotes for homeowners living in the county.
Home Insurance Premiums in Calhoun County
The average home insurance premium in Florida for this county depends on what type of construction the home you’re considering has. In regions like the Southeast that experience hurricane season, home features like wind mitigation can make a big difference in how much you have to pay for home insurance each year.
Homes that were built prior to 2001 may or may not have wind mitigation, but homes constructed after that do because they have had to meet more recent building codes. If you’re considering purchasing a property in Calhoun County, you’ll need to know its construction type so you can use the table below to get an idea of what your home insurance might cost.
Average Homeowners Premiums in Calhoun County
Construction Type | Home Value | Average Premium |
---|---|---|
Pre-2001 (No Wind Mitigation) | $150,000 | $1,869.41 |
Pre-2001 (With Wind Mitigation) | $150,000 | $1,297.22 |
New Construction | $300,000 | $2,106.37 |
Overall Average | $1,757.67 |
The numbers collected were provided by Florida’s Office of Insurance Regulation highlighting an overall homeowners average of $1,758 for the county. Although averages can give you a rough estimate of the costs you can potentially pay for home insurance in Calhoun County, you don’t have to settle for paying these prices, as there are companies whose average premiums in recent years come well below the county averages.
These companies have had average premiums that are hundreds of dollars cheaper compared to the county-wide average, so getting quotes from these insurers is a smart place to start when shopping for an affordable policy.
For $150,000 homes built before 2001 without wind mitigation, the average premium is $1,869.
To find below-average rates, check out these companies below:
- Citizens – $1,035
- Florida Peninsula – $1,138
- Security First – $1,268
- Universal – $1,281
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Calhoun County
Company | Annual Premium |
---|---|
Citizens | $1,035 |
Florida Peninsula | $1,138 |
Security First | $1,268 |
Universal | $1,281 |
First Protective | $1,305 |
Tower Hill Prime | $1,323 |
Southern Fidelity | $1,501 |
Stillwater | $1,547 |
Florida Farm Bureau | $1,568 |
People's Trust | $1,600 |
Family Security | $1,676 |
First Community | $1,711 |
Tower Hill Preferred | $1,734 |
Tower Hill Select | $1,786 |
Liberty Mutual | $1,813 |
American Integrity | $1,829 |
American Traditions | $1,855 |
Castle Key | $1,918 |
ASI | $1,977 |
Tower Hill Signature | $1,984 |
FedNat | $2,156 |
Florida Family | $2,416 |
Auto Club of Florida | $2,501 |
State Farm Florida | $2,574 |
St. Johns | $2,801 |
Southern Oak | $2,984 |
Universal | $3,193 |
Average | $1,869.41 |
For $150,000 homes built before 2001 with wind mitigation, the average premium is $1,297.
To find below-average rates, check out these companies below:
- Citizens – $731
- Universal – $751
- Flordia Farm – $813
- First Protective – $832
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Calhoun County
Company | Annual Premium |
---|---|
Citizens | $731 |
Universal | $751 |
Florida Farm Bureau | $813 |
First Protective | $832 |
Florida Peninsula | $890 |
Tower Hill Prime | $923 |
FedNat | $954 |
Security First | $1,086 |
Stillwater | $1,087 |
People's Trust | $1,108 |
Southern Fidelity | $1,175 |
Tower Hill Preferred | $1,206 |
Tower Hill Select | $1,259 |
Family Security | $1,310 |
Tower Hill Signature | $1,320 |
First Community | $1,341 |
American Traditions | $1,351 |
Liberty Mutual | $1,372 |
American Integrity | $1,391 |
ASI | $1,566 |
St. Johns | $1,566 |
Castle Key | $1,575 |
Southern Oak | $1,612 |
Florida Family | $1,756 |
Auto Club of Florida | $1,759 |
Universal | $2,080 |
State Farm Florida | $2,211 |
Average | $1,297.22 |
For $300,000 Homes with new construction, the average premium is $2,106.
To find below-average rates, check out these companies below:
- People’s Trust – $1,651
- Tower Hill Prime – $1,738
- American Traditions – $1,857
- Family Security – $1,915
List of Companies & Rates for Home Valued at $300,000, New Construction in Calhoun County
Company | Annual Premium |
---|---|
Universal | $1,388 |
Stillwater | $1,407 |
Florida Peninsula | $1,424 |
Florida Farm Bureau | $1,452 |
Citizens | $1,458 |
First Protective | $1,483 |
Security First | $1,507 |
People's Trust | $1,651 |
Tower Hill Prime | $1,738 |
American Traditions | $1,857 |
Family Security | $1,915 |
Southern Oak | $1,936 |
Tower Hill Select | $1,969 |
American Integrity | $1,988 |
FedNat | $2,019 |
First Community | $2,089 |
Tower Hill Preferred | $2,101 |
Castle Key | $2,284 |
Southern Fidelity | $2,293 |
Tower Hill Signature | $2,445 |
St. Johns | $2,504 |
Auto Club of Florida | $2,537 |
ASI | $2,542 |
Liberty Mutual | $2,786 |
Florida Family | $3,089 |
Universal | $3,298 |
State Farm Florida | $3,712 |
Average | $2,106.37 |
Flood Insurance in Calhoun
While shopping for home insurance, you’ll need to also consider where you want to purchase your flood insurance policy. Although a landlocked area like Calhoun County might not suffer as much damage as counties on the Gulf coast, homeowners still need to be protected in case their home is affected by flooding during hurricane season.
Regardless of the county’s exposure to water from the Gulf, heavy rains during hurricanes and other tropical storms can bring devastating damage that you’ll need to repair, and standard home insurance policies won’t cover those costs.
Through the Federal National Flood Insurance Program, you can get an affordable policy underwritten by companies like First Protective to make sure your home is covered.