Pasco County is located halfway down the Gulf Coast of Florida’s peninsular and is among the most populous counties in Florida, and as of 2019, the US Census Bureau estimates the county has over 550,000 residents. The county is made up of several of the state’s mid-sized cities as well as several parks and natural attractions.
Living in Pasco
As of 2018, Pasco County has a median household income of $50,417, which is roughly 20 percent lower than the national median. Property values in the county line up with the income level, as according to Zillow, the median home value as of March 2020 is just under $200,000.
The largest communities in Pasco County include Dade City, Port Richey, and Zephyrhills. The county also has a number of higher education institutions within its limits, such as Trinity College of Florida, Webster College, and Pasco-Hernando State College.
Home Insurance Premiums in Pasco County
In Pasco County, the average home insurance premiums for homes that are worth $150,000 and $300,000 are considerably higher compared to state and country-wide averages, likely because of the county’s vulnerable position on Florida’s Gulf Coast.
In this area of Florida, tropical storms during hurricane season can have devastating effects on your property, which makes the financial risk home insurance take on by insuring you higher. As a result, these companies determine that they need to charge homeowners in the area higher insurance premiums to make a profit.
However, as the chart below shows, having wind mitigation features can partially mitigate the expense of this location-based pricing, and for pre-2001 homes worth $150,000, having wind mitigation can reduce the cost of your premium by over $1,150.
Average Homeowners Premiums in Pasco County
| Construction Type | Home Value | Average Premium |
|---|---|---|
| Pre-2001 (No Wind Mitigation) | $150,000 | $3,362.33 |
| Pre-2001 (With Wind Mitigation) | $150,000 | $2,189.78 |
| New Construction | $300,000 | $3,713.81 |
| Overall Average | $3,088.64 |
Given these extremely expensive policies, you’ll want to do all you can to bring down your premium costs, and a simple way you can do so if by avoiding signing on for an overpriced policy in the first place, rather than relying on internal discounts from bundling or security features.
Data from Florida’s Office of Insurance Regulation reveals the overall home insurance average for this county to be $3,089. Listed below you can see the insurance companies which have recently had the lowest average premiums in Pasco, and these figures reveal that homeowners who comparison shop to find the lowest prices can potentially save between $1,200 and $2,000, depending on the type of home they have, the company they use, and the specific policy they choose.
For $150,000 homes built before 2001 without wind mitigation, the average premium is $3,362.
Cheaper options include:
- FedNat – $1,608
- Tower Hill Prime – $2,105
- Stillwater – $2,118
- First Community – $2,123
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Pasco County
| Company | Annual Premium |
|---|---|
| FedNat | $1,608 |
| Tower Hill Prime | $2,105 |
| Stillwater | $2,118 |
| First Community | $2,123 |
| Universal | $2,234 |
| Florida Farm | $2,350 |
| Tower Hill Preferred | $2,386 |
| First Protective | $2,493 |
| Tower Hill Signature | $2,537 |
| Tower Hill Select | $2,607 |
| Security First | $2,679 |
| Liberty Mutual | $2,731 |
| American Traditions | $2,743 |
| St. Johns | $2,842 |
| Florida Peninsula | $2,911 |
| People's Trust | $2,927 |
| Family Security | $2,947 |
| American Integrity | $3,178 |
| Castle Key | $3,196 |
| ASI | $3,199 |
| Citizens | $3,525 |
| Southern Fidelity | $3,702 |
| Southern Oak | $4,282 |
| Universal | $4,372 |
| Florida Family | $5,414 |
| State Farm Florida | $8,251 |
| Auto Club Florida | $9,323 |
| Average | $3,362.33 |
For $150,000 homes built before 2001 with wind mitigation, the average premium is $2,190.
Cheaper options include:
- Florida Farm – $933
- Universal – $990
- FedNat – $1,010
- First Protective – $1,114
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Pasco County
| Company | Annual Premium |
|---|---|
| Florida Farm | $933 |
| Universal | $990 |
| FedNat | $1,010 |
| First Protective | $1,114 |
| Tower Hill Prime | $1,248 |
| Liberty Mutual | $1,318 |
| St. Johns | $1,441 |
| First Community | $1,458 |
| Tower Hill Preferred | $1,500 |
| Stillwater | $1,542 |
| People's Trust | $1,557 |
| Castle Key | $1,602 |
| American Traditions | $1,603 |
| Tower Hill Select | $1,604 |
| Tower Hill Signature | $1,706 |
| Florida Peninsula | $1,779 |
| Security First | $1,996 |
| American Integrity | $2,018 |
| Family Security | $2,045 |
| Southern Oak | $2,115 |
| Universal | $2,170 |
| ASI | $2,222 |
| Citizens | $2,368 |
| Southern Fidelity | $2,583 |
| Florida Family | $4,371 |
| State Farm Florida | $6,971 |
| Auto Club Florida | $7,860 |
| Average | $2,189.78 |
For $300,000 homes with new construction, the average premium is $3,714.
Cheaper options include:
- Florida Farm – $1,692
- FedNat – $1,870
- Stillwater – $1,952
- Universal – $1,969
List of Companies & Rates for Home Valued at $300,000, New Construction in Pasco County
| Company | Annual Premium |
|---|---|
| Florida Farm | $1,693 |
| FedNat | $1,870 |
| Stillwater | $1,952 |
| Universal | $1,969 |
| First Protective | $2,230 |
| Tower Hill Prime | $2,401 |
| St. Johns | $2,431 |
| First Community | $2,513 |
| Southern Oak | $2,534 |
| Tower Hill Select | $2,548 |
| American Traditions | $2,581 |
| Castle Key | $2,613 |
| Tower Hill Preferred | $2,649 |
| People's Trust | $2,782 |
| Liberty Mutual | $2,907 |
| Florida Peninsula | $3,040 |
| Tower Hill Signature | $3,193 |
| Family Security | $3,301 |
| Security First | $3,485 |
| American Integrity | $3,586 |
| ASI | $3,740 |
| Universal | $3,959 |
| Citizens | $5,025 |
| Southern Fidelity | $5,147 |
| Florida Family | $8,105 |
| Auto Club Florida | $10,232 |
| State Farm Florida | $11,787 |
| Average | $3,713.81 |
Flood Insurance in Pasco
Because living on the Gulf Coast comes with the risk of damage to your home during hurricane season, if you plan on purchasing a home in Pasco County, you’ll also need to purchase an additional policy for flood insurance to adequately provide financial protection for your home.
Florida home insurance policies won’t cover flooding damage, but regional insurance companies that operate in Pasco County, such as FedNat and First Protective have policies available through the federal National Flood Insurance Program and choosing to get both home and flood insurance policies from a single company can help simplify your payments and future claims.
