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Home Insurance in Nassau County, FL: Companies & Premiums

Home Insurance in Nassau County, FL: Companies & Premiums

Home Insurance in Nassau County, FL: Companies & Premiums
Home in Fernandina Beach, FL

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 TypeHome ValueAverage Premium
Overall Average$1,487.88
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

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.

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

Company NameAnnual Premium
Average$1,655.33
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

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 NameAnnual Premium
Average$1,056.41
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

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 NameAnnual Premium
Average$1,751.89
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

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.

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