How much does Real Estate Agent insurance cost in Miami, Florida?

The estimated annual cost for a Real Estate Agent in Miami with one employee is between $1306 and $1920. The state base rate is $1150.

What insurance is required for a Real Estate Agent in Florida?

In Florida, businesses are subject to a 6.0% insurance tax. Real Estate Agents typically need General Liability due to a risk factor of 0.9.

Real Estate Agent Insurance Cost in Miami, Florida (2026 Guide)

Estimated Cost (2026)

Adjust based on your team size

Number of Employees1

Just me (1)Team (20)

$1306-$1920

Estimated Annual Premium

Monthly Average Breakdown

$128 / mo

Includes General Liability

Industry Risk Profile

Real estate agents need coverage primarily for client slip-and-falls at open houses and professional errors and omissions.

Risk Factor0.9x

Location Factors

State Base Rate$1150
Miami Multiplier1.4x
State Tax Rate6.0%

Local Compliance FAQ

Is General Liability required in Miami?

While Florida law may not mandate it for all businesses, Real Estate Agents often need proof of insurance to bid on local commercial projects in Miami.

Why is the rate different here?

Your premium reflects Florida's specific base rate of $1150 and a local city multiplier of 1.4x.

Compare Real Estate Agent Insurance in Other Florida Cities

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