Personal Lines – State of Homeowners and Home Insurance in Florida

Buying a home is one of the most important decisions you can make in your life. Insuring it with homeowner’s insurance protects your financial interests in the case of damage or destruction. Natural disasters and fires are hard to predict, but being prepared with insurance allows peace of mind while you enjoy your home.

Being insured before a disaster is essential because if you wait until something happens, it will be too late. There are many options available depending on the type of home and structure you are insuring. It’s important to find an insurance agency that offers personalized plans and will work with you to find the best plan for you.

Additionally, the location of your home will affect your rates. Read on to learn more about what insurance options will best protect you and the place you call home!

State of Florida Homeowners Insurance

Living in Florida means experiencing a number of natural disasters like hurricanes on a seasonal basis. There are major risks for your home including sinkholes, flooding, and hurricanes. The damage that results from these types of disasters is covered by insurance if you plan ahead and get a policy before it strikes.

When Hurricane Andrew struck in the 90s, there was $16 billion worth of insured losses. The uninsured damage made that number even bigger. Beyond this, flooding is another hazardous occurrence that can greatly affect your property. Issues like mold and structural damage will cost your family thousands of dollars which could go to your needs post-disaster.

In 2021, Florida insurers are “jacking up rates by double-digit percentages” as a result of previous hurricane damage. Residents have been left flabbergasted as their premiums increase at alarming rates. While being insured is essential, we are sensitive to the struggles facing Americans and will work to find a plan that works with your family that is in your budget.

We Have You Covered

We prioritize our clients’ peace of mind in a way that gives you quality insurance while still fitting into your budget. We offer a unique homeowners insurance policy that will fit your family’s needs. When considering the options, there are several specific areas to decide if you need coverage.

These include: fire, personal property/contents, property damage, additional living expenses/loss of use, jewelry, fine arts & collectibles, medical expenses, miscellaneous coverage, personal liability, personal injury, umbrella, excess liability coverage, flood coverage, secondary home, collectible cars, wine collection, water back-up, and off premises theft.

To learn more about our specific options and to request an insurance quote, please visit here.

How to Learn More

To request a quote and learn more about how we can support your family’s needs, please visit here. Whether you’re a new homeowner or you’ve been at this for years, we are here for you. We are so excited for you to join our family!