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Home Insurance in Clay County, FL: Companies & Premiums

Home Insurance in Clay County, FL: Companies & Premiums

Home Insurance in Clay County, FL: Companies & Premiums
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Clay County is a landlocked municipality located in northeastern Florida. As of 2019, Clay County has 219,252 residents, making the county one of the most populated in the state of Florida. The largest contributing industries to the county’s revenue are mixed freight/goods transportation industry, pharmaceutical industry, and the technology/electronics industry. 

Living in Clay

Clay County owner-occupied homes have a median value of $174,400 as of 2018 and a median household income of $62,653, which are relatively similar to median values in Florida and the United States overall.

Healthcare, social assistance, and retail are the largest industries in terms of employed residents of the county while the highest paying are mining, quarrying, and oil & gas extraction. The largest cities and towns in the county are Green Cove Springs, Keystone Heights, Orange Park, and Penney Farms, which represent a combined 7 percent of the population.

Home Insurance Premiums in Clay County

Relative to the income and home values in Clay County, the average premiums for home insurance policies are somewhat low, which potentially indicates a low cost-of-living in other areas. One way that homeowners can decrease what they pay for home insurance further is by purchasing or updating their homes with wind mitigation features in mind.

As the table below demonstrates, types of home construction that include wind mitigation typically have lower premiums on average.

Average Homeowners Premiums in Clay County

Construction TypeHome ValueAverage Premium
Overall Average$1,317.30
Pre-2001 (No Wind Mitigation)$150,000$1,374.19
Pre-2001 (With Wind Mitigation)$150,000$978.96
New Construction$300,000$1,598.74

Sourced from Florida’s Office of Insurance Regulation, we calculated the overall average for homeowners insurance to be $1,317 in the county. Once you know what value and construction type of property you want to insure, you can take further steps to save money on your premium. One of the common ways people do this is by finding companies that allow policy bundling (for example with auto insurance) or adding security features to earn a discount, but one of the simplest and best ways is to do thorough comparison shopping.

Often, the companies offering the lowest rates will offer significantly more affordable options than the average insurer. In Clay County, as the list below shows, the companies that have had the lowest average premiums can save you as much as $700 on a home insurance policy Florida.

For $150,000 homes built before 2001 without wind mitigation, the average is $1,374.

A list of insurers that offer cheaper-than-average rates:

  • Citizens – $846
  • First Protective – $988
  • Stillwater – $1,001
  • Southern Fidelity – $1,012

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

Company NameAnnual Premium
Average$1,374.19
Citizens$846
First Protective$988
Stillwater$1,001
Southern Fidelity$1,012
Universal$1,049
Tower Hill Prime$1,053
Florida Peninsula$1,061
Tower Hill Preferred$1,279
People's Trust$1,293
American Integrity$1,318
St. Johns$1,320
Tower Hill Signature$1,352
Florida Family$1,371
Tower Hill Select$1,378
American Traditions$1,387
ASI$1,442
Florida Farm$1,459
First Community$1,500
FedNat$1,524
Family Security$1,552
Liberty Mutual$1,566
Universal$1,608
Castle Key$1,669
Security First$1,690
Southern Oak$1,709
Auto Club Florida$1,799
State Farm Florida$1,877

For $150,000 homes built before 2001 with wind mitigation, the average is $979.

A list of insurers that offer cheaper-than-average rates:

  • Citizens – $605
  • Universal – $618
  • First Protective – $629
  • Florida Farm – $675

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

Company NameAnnual Premium
Average$978.96
Citizens$605
Universal$618
First Protective$629
Florida Farm$675
Stillwater$683
Tower Hill Prime$728
St. Johns$730
Southern Fidelity$792
Florida Peninsula$835
FedNat$868
Tower Hill Preferred$870
Universal$909
American Traditions$943
People's Trust$954
Tower Hill Select$973
American Integrity$981
Florida Family$1,000
Liberty Mutual$1,066
Southern Oak$1,077
Tower Hill Signature$1,100
ASI$1,109
First Community$1,213
Family Security$1,270
Castle Key$1,397
Auto Club Florida$1,400
Security First$1,451
State Farm Florida$1,556

For $300,000 homes with new construction, the average is $1,599.

A list of insurers that offer cheaper-than-average rates:

  • Stillwater – $897
  • First Protective – $1,118
  • Universal – $1,138
  • St. Johns – $1,179

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

Company NameAnnual Premium
Average$1,598.74
Stillwater$897
First Protective$1,118
Universal$1,138
St. Johns$1,179
Citizens$1,190
Florida Farm$1,313
Florida Peninsula$1,333
American Traditions$1,335
People's Trust$1,372
Southern Oak$1,387
Tower Hill Prime$1,392
American Integrity$1,412
Universal$1,513
Southern Fidelity$1,538
Tower Hill Preferred$1,547
Tower Hill Select$1,549
FedNat$1,660
Florida Family$1,749
Family Security$1,857
First Community$1,866
ASI$1,890
Auto Club Florida$1,923
Tower Hill Signature$1,972
Castle Key$2,011
Security First$2,107
Liberty Mutual$2,290
State Farm Florida$2,628

Flood Insurance in Clay

Although Clay County is a landlocked region, much of the county sits within the flood plains of various rivers such as the St. Johns River. This means, as in the rest of the state of Florida, homes in Clay County are at risk of flooding due to tropical storms during hurricane season. If you want to purchase a home in the area, you’ll need to purchase flood insurance to protect your home.

Local companies like First Protective offer policies through the National Flood Insurance Program (NFIP), and these policies remain affordable for homeowners in areas at risk for flooding due to government price controls. However, if you have a home that is worth over $250,000, you’ll also need an additional private policy, as NFIP policies cannot exceed that amount.

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