Sitting along the Atlantic coastline, Nassau County is located in Northeastern Florida and has a population of 88,625 residents, as of 2019. The county features a variety of ecological environments, including Amelia Island, the plethora of beach communities, fertile farmland, timberland forests, and numerous rivers.
Living in Nassau
The median owner-occupied home value is $218,100 as of 2018 and the median household income is $66,297, which means that the county is wealthier than the majority of Florida and the United States. This is likely due to the presence of highly paid workers who choose to commute to Jacksonville from Nassau County.
The county makes up part of the Jacksonville metropolitan area and its attractive beach communities, safety, and highly rated school districts draw wealthy residents that can afford the premium properties. Its largest city is Fernandina Beach, which has a population of close to 13,000 residents, is located on Amelia Island, and is considered a part of greater Jacksonville.
Home Insurance Premiums in Nassau County
Despite the high property values in the county and its coastal communities, we don’t see significantly higher insurance costs compared to similarly situated areas in Florida. However, the average premiums in Nassau County are still high relative to the rest of the U.S., but these costs are lessened for homes with wind mitigation features, as shown below.
Average Homeowners Premiums in Nassau County
| Construction Type | Home Value | Average Premium |
|---|---|---|
| Pre-2001 (No Wind Mitigation) | $150,000 | $1,655.33 |
| Pre-2001 (With Wind Mitigation) | $150,000 | $1,056.41 |
| New Construction | $300,000 | $1,751.89 |
| Overall Average | $1,487.88 |
The overall average premium for home insurance in the county is $1,488 based on the numbers provided by Florida’s Office of Insurance Regulation. With the moderate to high rates of home insurance premiums in the county, you’ll want to ensure that you’re not overpaying for your insurance. Avoid settling for an “average” policy and shop around for multiple quotes from locally operating insurance companies.
By comparison shopping, you’ll be less likely to miss out on the best deals in your area, which can be significantly cheaper than the average, which is often driven up by the costs to ensure a handful of the most expensive properties. As you can see in the list below, companies with the lowest average premiums will potentially offer you a policy with premium savings of up to $800.
For $150,000 homes built before 2001 without wind mitigation, the average premium is $1,655.
- Stillwater – $1,164
- First Protective – $1,287
- Tower Hill Select – $1,333
- Florida Peninsula – $1,334
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Nassau County
| Company Name | Annual Premium |
|---|---|
| Stillwater | $1,164 |
| First Protective | $1,287 |
| Tower Hill Select | $1,333 |
| Florida Peninsula | $1,334 |
| First Community | $1,340 |
| Southern Fidelity | $1,350 |
| Citizens | $1,365 |
| Universal | $1,406 |
| Tower Hill Preferred | $1,421 |
| People's Trust | $1,444 |
| Tower Hill Prime | $1,494 |
| Tower Hill Signature | $1,497 |
| FedNat | $1,572 |
| American Traditions | $1,629 |
| Florida Family | $1,692 |
| Florida Farm | $1,698 |
| Castle Key | $1,747 |
| St. Johns | $1,783 |
| ASI | $1,809 |
| Family Security | $1,811 |
| Liberty Mutual | $1,848 |
| American Integrity | $1,868 |
| Security First | $1,931 |
| Universal | $2,060 |
| Auto Club Florida | $2,079 |
| State Farm Florida | $2,161 |
| Southern Oak | $2,571 |
| Average | $1,655.33 |
For $150,000 homes built before 2001 with wind mitigation, the average premium is $1,056.
- Universal – $688
- Florida Farm – $707
- First Protective – $714
- Stillwater – $729
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Nassau County
| Company Name | Annual Premium |
|---|---|
| Universal | $688 |
| Florida Farm | $707 |
| First Protective | $714 |
| Stillwater | $729 |
| Citizens | $741 |
| St. Johns | $771 |
| Tower Hill Preferred | $782 |
| FedNat | $809 |
| Tower Hill Select | $850 |
| Florida Peninsula | $946 |
| Southern Fidelity | $960 |
| People's Trust | $964 |
| Tower Hill Prime | $1,003 |
| Universal | $1,020 |
| Tower Hill Signature | $1,038 |
| Florida Family | $1,050 |
| First Community | $1,055 |
| American Traditions | $1,062 |
| American Integrity | $1,156 |
| ASI | $1,271 |
| Southern Oak | $1,288 |
| Castle Key | $1,329 |
| Family Security | $1,388 |
| Auto Club Florida | $1,423 |
| Liberty Mutual | $1,479 |
| Security First | $1,607 |
| State Farm Florida | $1,693 |
| Average | $1,056.41 |
For $300,000 homes with new construction, the average premium is $1,752.
- Stillwater – $961
- Florida Farm – $1,272
- St. Johns – $1,294
- First Protective – $1,315
List of Companies & Rates for Home Valued at $300,000, New Construction in Nassau County
| Company Name | Annual Premium |
|---|---|
| Stillwater | $961 |
| Florida Farm | $1,272 |
| St. Johns | $1,294 |
| First Protective | $1,315 |
| Universal | $1,317 |
| Tower Hill Select | $1,339 |
| Tower Hill Preferred | $1,397 |
| Southern Oak | $1,458 |
| People's Trust | $1,461 |
| American Traditions | $1,533 |
| Florida Peninsula | $1,542 |
| Citizens | $1,551 |
| FedNat | $1,607 |
| First Community | $1,641 |
| Universal | $1,794 |
| American Integrity | $1,811 |
| Tower Hill Signature | $1,882 |
| Florida Family | $1,883 |
| Tower Hill Prime | $1,893 |
| Southern Fidelity | $1,894 |
| Castle Key | $1,919 |
| Auto Club Florida | $2,046 |
| Family Security | $2,055 |
| ASI | $2,170 |
| Security First | $2,411 |
| State Farm Florida | $2,915 |
| Liberty Mutual | $2,940 |
| Average | $1,751.89 |
Flood Insurance in Nassau
As Nassau County is located along the Atlantic coast, flood insurance is something homeowners in the area will need to purchase. FL home insurance policies will not cover damage due to flooding, which is a risk in Florida during each year’s hurricane season. Fortunately, affordable options are available to homeowners in at-risk regions through the federal National Insurance Program (NFIP).
Companies like First Protective will underwrite these policies, which can make it simple and easy for homeowners to pay for both home and flood insurance at one company. However, if your home value exceeds $250,000, you have to purchase an additional private flood insurance policy, as NFIP policies max out at that value.
