What renters in Florida actually pay for insurance, from the National Association of Insurance Commissioners' 2023 Homeowners Insurance Report (published July 2026) — plus the Florida-specific rules that shape your policy and your price.
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Florida at a glance
The figures below are the NAIC's state average HO-4 (renters) premium for Florida — total premiums divided by total policies, 2023 policy year, published July 2026.
Average renters premium · Florida$186/yr~$16 a month · #11 of 51 states (1 = priciest) · 108% of the US average
$186/yrAverage annual premium (NAIC 2023)
~$16/moMonthly equivalent
108%Of the national average
#11 of 51Price rank (1 = priciest)
Florida$186/yrFlorida average · ~$16/mo
+$13/yrvs national average
National average$173/yrAll 50 states + DC
Florida vs the country
Mississippi · priciest state$263/yr
Georgia$206/yr
Florida · your state$186/yr
United States average$173/yr
South Dakota · cheapest state$125/yr
How it works: figures are the NAIC's state average HO-4 (renters) premiums — total premiums divided by total policies, 2023 policy year, published July 2026. Monthly = annual ÷ 12. Rank is out of all 50 states + DC, priciest first. These are premiums paid, averaged across coverage amounts — a quote for a specific $30k/$100k policy will differ. Nothing you type leaves your device.
How this number is measured
The $186 figure isn't a quote — it's what Florida renters actually paid on average. The NAIC collects HO-4 (renters) premiums from every insurer, divides by policies in force, and publishes the state average. That makes it the cleanest benchmark available: same method, same policy form, every state, no marketing spin.
Output · formula · meaning
Output
Formula
What it means
Average annual premium
Σ premiums ÷ policies
What the typical Florida renter pays per year: $186.
Monthly equivalent
annual ÷ 12
The monthly budget figure: about $16.
Index vs US average
state avg ÷ $173 × 100
Florida sits at 108% of the national average — 8 points above the typical state.
Price rank
sorted, priciest first
Florida is #11 of 51 — in the upper third for renters insurance.
3 things Florida renters should know
No Florida law requires renters insurance. The state leaves it to the lease — and most Florida leases, especially in Miami, Tampa, and Orlando, do require it. If your lease names a minimum (often $100,000 of liability), that line of your lease is the law that applies to you.
Flood is not in the policy. A standard HO-4 renters policy excludes flood damage, and Florida is flood country: a burst canal or a storm-surge spillover can reach homes that have never flooded before. Separately, Florida's new flood-disclosure law (Fla. Stat. §83.512, effective October 1, 2025) requires landlords to give prospective tenants a written flood-history disclosure before signing any lease of a year or longer — ask for it, and keep a copy.
Hurricane wind is covered; hurricane season is June 1–November 30. Unlike flood, wind damage to your belongings is covered under a standard renters policy. The Florida twist is the separate hurricane or named-storm deductible — usually a percentage of the building's insured value rather than a flat dollar figure — so ask what it is before you sign a policy.
Who uses this page
Movers: budgeting a move to Florida — is $16/month about right for your renters policy?
Lease shoppers: checking whether the number your agent quoted is anywhere near the state average.
Landlords: setting the insurance clause in a lease — know what "typical" costs your tenants.
Researchers & students: the NAIC figures are public statistics — cite them with the block below.
Accuracy & limitations
These are 2023-policy-year averages published in July 2026 — the freshest official data available, but your 2026 quote will differ by ZIP code, building construction, coverage limits, deductible, claims history, and credit-based insurance score (where legal). Treat $186/yr as a benchmark, not a quote. Renters insurance markets move fast in storm states, so treat the figure as a starting point and get live quotes.
Cite this pageBright Side Kit. “Average Renters Insurance Cost in Florida.” brightoolbox.com, 2026.Bright Side Kit. "Average Renters Insurance Cost in Florida." https://brightoolbox.com/renters-insurance-cost-florida/ Accessed October 21, 2026.
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Frequently asked questions
Is renters insurance required in Florida?
No state law requires it, but many landlords make it a lease condition — especially in South Florida. If your lease requires it, that requirement is binding, and the landlord can ask to be listed as an interested party on the policy.
How much is renters insurance in Florida per month?
The state average premium is about $16 a month ($186 a year) according to NAIC 2023 data — slightly above the $14 national average. Your actual quote depends on your ZIP code, building, coverage limits, and deductible.
Does Florida renters insurance cover hurricanes?
Standard policies cover wind damage to your belongings — including hurricane wind — but not flood. Watch for the separate hurricane/named-storm deductible, which is usually a percentage of the building's insured value rather than a flat amount.
What is Florida's flood disclosure law for renters?
Since October 1, 2025, Florida law (Fla. Stat. §83.512) requires landlords to give a written flood-history disclosure to prospective tenants before signing a lease of one year or longer. It reminds tenants that standard renters insurance doesn't cover flood damage.
Why is renters insurance more expensive in Florida?
Hurricane and flood exposure, litigation costs in the property market, and higher replacement costs push carriers' prices up. Florida ranks #11 of 51 for average renters premiums — above average, but well below the Gulf leaders Louisiana (#2) and Mississippi (#1).
What's the cheapest way to lower my Florida renters insurance?
Raise the deductible, bundle with auto, pay annually instead of monthly, ask about security-device discounts, and confirm you're quoted on replacement cost only if you need it. The full playbook is in the how to lower your renters insurance guide.