Volusia County is located centrally along the Atlantic coastline of Florida. The US Census Bureau estimated Volusia County’s 2019 population at 553,284 people, which makes it one of the most populated municipalities in Florida.
Living in Volusia
Volusia County has an income level that’s below that of the overall country, with a median household income of $46,760, over 25 percent below the national median. The property values in the county are somewhat expensive coinciding with the income level; according to Zillow, the median home value as of March 2020 is just under $219,000.
Volusia County represents an overlapping portion of the Deltona-Daytona Beach Metro Areas, and the county’s largest cities include Daytona Beach (68,900 residents), Deltona (92,000 residents), Port Orange (64,300 residents) and Ormond Beach (43,500 residents).
The county also is home to several higher-education institutions, such as the University of Central Florida, Daytona State College, and Keiser University, among others. Additionally, Volusia County has over a dozen state and nationally protected parks and wildlife preserves, including the Canaveral National Seashore, Gemini Spring Park, Lake George State Forest, and the Tiger Bay State Forest
Home Insurance Premiums in Volusia County
If you plan to live in the county, you should know how wind mitigation features can dramatically reduce how much you’ll have to pay for your home insurance premiums. On average, the difference between insurance premiums for homes worth $150,000 that have or lack wind mitigation is just under $1,000, as the figures in the table below demonstrate.
The significant price difference is the result of the high risk of storm damage in states like Florida, that go through hurricane season each year. Factors like weather patterns and resilience/protective features of the home structure are things that insurance companies fuse to determine premiums they quote to potential customers. Upgrading older homes to include now-standard wind mitigation is a great way to lessen your premium.
Average Homeowners Premiums in Volusia County
| Construction Type | Home Value | Average Premium |
|---|---|---|
| Pre-2001 (No Wind Mitigation) | $150,000 | $2,173.11 |
| Pre-2001 (With Wind Mitigation) | $150,000 | $1,210.96 |
| New Construction | $300,000 | $2,084.11 |
| Overall Average | $1,822.73 |
The above data was sourced from Florida’s Office of Insurance Regulation, revealing the overall county average to be $1,823. Another way that you can save money on your home insurance bill is to shop around before committing to a policy. Different companies can vary greatly in what they’re willing to quote. Listed below you can see which insurance companies have historically offered the lowest average premiums in the county.
Based on these numbers, for homeowners with a pre-2001 home with wind mitigation, purchasing a policy with Universal Property & Casualty Insurance saved them almost $500, so make sure to do your research when comparison shopping to maximize your own savings.
For $150,000 homes built before 2001 without wind mitigation, the average premium is $2,173.
Cheaper options are listed below:
- Florida Family – $1,391
- Tower Hill Prime – $1,617
- Citizens – $1,671
- Stillwater – $1,671
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Volusia County
| Company | Annual Premium |
|---|---|
| Florida Family | $1,391 |
| Tower Hill Prime | $1,617 |
| Citizens | $1,671 |
| Stillwater | $1,671 |
| First Community | $1,763 |
| Tower Hill Preferred | $1,783 |
| First Protective | $1,792 |
| Southern Fidelity | $1,798 |
| Florida Peninsula | $1,897 |
| Tower Hill Signature | $1,909 |
| Security First | $2,069 |
| Tower Hill Select | $2,086 |
| Castle Key | $2,095 |
| Florida Farm | $2,122 |
| St. Johns | $2,173 |
| Universal | $2,180 |
| FedNat | $2,251 |
| People's Trust | $2,267 |
| Liberty Mutual | $2,329 |
| State Farm Florida | $2,489 |
| ASI | $2,498 |
| American Integrity | $2,503 |
| Universal | $2,534 |
| Family Security | $2,596 |
| American Traditions | $2,703 |
| Auto Club Florida | $3,221 |
| Southern Oak | $3,266 |
| Average | $2,173.11 |
For $150,000 homes built before 2001 with wind mitigation, the average premium is $1,211.
Cheaper options are listed below:
- Citizens – $701
- Florida Farm – $806
- Florida Family – $832
- First Protective – $877
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Volusia County
| Company | Annual Premium |
|---|---|
| Citizens | $701 |
| Florida Farm | $806 |
| Florida Family | $832 |
| First Protective | $877 |
| Stillwater | $909 |
| Universal | $949 |
| Tower Hill Prime | $971 |
| Tower Hill Preferred | $998 |
| St. Johns | $1,004 |
| FedNat | $1,082 |
| Tower Hill Signature | $1,102 |
| Universal | $1,129 |
| Tower Hill Select | $1,150 |
| People's Trust | $1,167 |
| First Community | $1,193 |
| American Traditions | $1,200 |
| Florida Peninsula | $1,201 |
| Southern Fidelity | $1,256 |
| Castle Key | $1,354 |
| American Integrity | $1,395 |
| Southern Oak | $1,439 |
| Security First | $1,481 |
| ASI | $1,499 |
| Family Security | $1,660 |
| Liberty Mutual | $1,690 |
| State Farm Florida | $1,791 |
| Auto Club Florida | $1,860 |
| Average | $1,210.96 |
For $300,000 homes with new construction, the average premium is $2,084.
Cheaper options are listed below:
- Stillwater – $1,228
- Florida Family – $1,479
- Florida Farm – $1,488
- Southern Oak – $1,507
List of Companies & Rates for Home Valued at $300,000, New Construction in Volusia County
| Company | Annual Premium |
|---|---|
| Stillwater | $1,228 |
| Florida Family | $1,479 |
| Florida Farm | $1,488 |
| Southern Oak | $1,507 |
| Citizens | $1,559 |
| First Protective | $1,676 |
| St. Johns | $1,762 |
| Tower Hill Preferred | $1,793 |
| Tower Hill Select | $1,852 |
| Tower Hill Prime | $1,861 |
| Universal | $1,871 |
| First Community | $1,990 |
| Florida Peninsula | $2,007 |
| Castle Key | $2,010 |
| People's Trust | $2,053 |
| Tower Hill Signature | $2,069 |
| Universal | $2,082 |
| American Traditions | $2,111 |
| FedNat | $2,214 |
| American Integrity | $2,317 |
| ASI | $2,427 |
| Southern Fidelity | $2,491 |
| Security First | $2,537 |
| Family Security | $2,616 |
| Auto Club Florida | $2,817 |
| State Farm Florida | $3,136 |
| Liberty Mutual | $3,318 |
| Average | $2,084.11 |
Flood Insurance in Volusia
Another part of homeownership near the Florida coastline is that you’ll need to purchase separate flood insurance in addition to FL home insurance policies. As enjoyable as the natural attractions in Volusia County can be, the weather in the area is a significant risk to your property, but standard home insurance won’t cover damage from floods like it will from wind storms.
If you are planning to buy a house in Volusia County, it’s important that you know where to look for flood insurance; regional insurance companies such as First Protective have affordable plans available via the federal National Flood Insurance Program, and many homeowners decide that getting both insurance policies from one company is more convenient and preferable for them.
