Miami home insurance prices are increasing each year. It’s rare to see a decrease in premiums when comparing to other states. In fact, Miami is home to the highest premiums in the nation. The average annual premium here is around $1900 per year.

When it comes time to compare costs and coverages, you need to completely understand the base premium for a standard home insurance policy may look affordable, but may not provide you with the proper coverage that your home needs. You should think more about this before diving into your search.

In order to determine how much home insurance coverage you need, try these steps below. Keep in mind not buying enough coverage is a huge risk. You will definitely want enough homeowners insurance in Miami FL to:

• Rebuild your home
• Replace all of your belongings
• Cover your injuries and damages that happen on your property
• Reimburse your living expenses after losing an insured home

When it comes to your dwelling coverage, it will help rebuild your home if it becomes destroyed. Dwelling coverage consists of your homes structure, all the materials it took to build it, and anything attached like a garage. Take your dwelling coverage needs into consideration when it comes time to purchase a policy.

In order to determine how much you need, your dwelling cost should be equal to the replacement cost of your house. The replacement cost is how much money it will cost to rebuild your same home again.

In order to calculate […]

Buying a Home      

First, if you’re a buying a home, be sure to factor in the costs of Florida home insurance. I know you probably already feel like you have enough numbers flying around you head, but this is an important one. Without home insurance, you’ll never secure a mortgage because no bank is going to risk that much money on a property that could go up in flames without a single dime behind it.

How to Determine the Amount Insured

There’s lots of different lingo surrounding Florida home insurance, so it’s important you know what you’re doing when trying to secure a policy. For example, you want to make sure you get insurance for the cost of replacing your home (i.e. the construction costs). What you don’t want is insurance for the real estate it’s built on. Also, do not factor in the amount your land is worth. This will needlessly drive up your premiums because you’re not trying to insure dirt and grass.

Other Considerations

But if something happens to your home, chances are it will happen to things within your home too, right? That’s why it’s important you get a home insurance policy that covers them as well.

For example, you want your belongings to be insured. This is often worth half of the amount of the dwelling. Structures around your house may also be insured like your garage, a fence, guest house or pool. There’s also such a thing as “loss of use.” This refers to other living expenses you might have to take on if your home is unlivable due to damages. So things like living out of a hotel and eating at restaurants would be […]

Florida homeowners is the first step when it comes to protecting your home. In fact, you may be able to supplement your policy with windstorm insurance or even flood insurance. A standard wind insurance policy can protect your home from some damages caused by strong winds. If heavy winds from a hurricane damage your home, your policy will help by reimbursing you for those damages. The first half of “hurricane insurance” is windstorm insurance. You can purchase this in addition to your normal homeowners policy. In this case, all wind damages will fall under this policy instead of your traditional homeowners. It’s also important to understand that windstorm insurance is usually offered to customers in the form of a rider.

Hurricane deductibles?

Homeowners policies also exclude hurricanes and the damages that come along with them. For instance water damages due to flooding. In fact, flooding is the number one cause of damages in the United States, therefore, purchasing the right coverage is a smart move. Never assume that flooding can’t happen to you. As a Florida resident, it can easily happen.

While there is no such thing as hurricane insurance in Florida, you may be required to pay a hurricane deductible. A hurricane deductible is an amount that you must pay before coverage kicks in. These deductibles are separate from your regular homeowners deductible. Usually, a hurricane deductible is between 2-5% of what your home is insured for.

The second half of “hurricane insurance” is flood insurance. […]

A mobile home is perfect for Florida. This is due to the affordability and warmer weather the Sunshine State provides. Actually, 1 in every 3 homes built in Florida is a mobile or manufactured home. Before buying a mobile home, it is important you understand all the details.

Can I insure a mobile or “moble” home in Florida? The answer is obviously yes, you can. Before purchasing a policy, you need to understand what is covered by this type of policy. Details of your policy will vary based on the company that you choose.

What does mobile home insurance in Florida cover?

If you google “mobile home insurance in Florida” you will determine that it covers:

• Your Structure
• Personal Property
• Personal Liability

First, the structure of your home will be covered by your policy. This is a standard coverage type. It will cover your home along with any structures that are located on your property such as a shed or carport. Your structure will be covered by perils such as lightning, wind, and fire.

Your personal property, also known as your belongings are also covered. A basic policy can provide you with this type of coverage. An example of what will be covered is your furniture, clothing, and electronics. Personal Liability will cover any liability if an accident were to happen on your property. There’s always a chance of an accident happening. So it’s important that you are covered. There are some things that mobil home insurance in Florida won’t cover. For example, flooding is not covered. Always make sure that you look into optional coverage to make sure […]

On average, how much is homeowners insurance in Florida?

The average cost of homeowners insurance in Florida is $2,350. This is nearly double the national average of $1,200. Of course, you will have to purchase a policy because of the risk of damages from severe storms, tornados, and wildfires increase every single year.  As you may already know, insurance carriers calculate the cost of your policy by asking “what are the chances that something bad will happen?” The higher the chance of something bad happening, the more expensive your policy will be. Florida is especially risky due to crime, weather, and home values.

How can I find homeowners insurance in Florida?

FloridaInsuranceQuotes.net can help you find the least expensive homeowners insurance in your area! We specialize in the Florida insurance market. With homeowners prices steadily increasing each year, your smartest option is to let us do the work for you. Especially because many big name providers choose not to operate in Florida. That’s more than enough of a reason to collect quotes from us, that way you can easily determine which companies can provide the right coverage for you. Why not take the easy route and let us present you with the right homeowners insurance in Florida policy that fits your needs?

To help get you started here is […]

Why does South Florida have higher homeowners insurance?

Higher South Florida homeowners insurance prices are due to the constant destruction caused by hurricanes, high winds, flooding, tornadoes, and other natural disasters. However, one of the main perils that Floridians face is hurricanes. Each year hurricanes cause massive amounts of damage in South Florida. In addition to hurricanes, Florida is also ranked sixth and seventh for wildfires and tornadoes. South Florida is also vulnerable to sinkholes and is known as the lightning belt. Florida’s lightning packs a higher charge than average, which increases the chance of damages. It’s scary once you realize just how many risks your home is exposed to!

Florida is currently paying out more for losses than any other state, just look at your expensive premiums as proof! South Florida is full of too many risks. It is important that you select the right policy that can provide you with complete coverage. Luckily, we can help with that!

How to score a great South Florida Homeowners Policy

Just because South Florida homeowners insurance is expensive doesn’t mean that you won’t be able to find a policy that fits your budget. In fact, FloridaInsuranceQuotes.net can easily help you out! We can help because we know all the specialist companies. These specialist companies can provide you with the least expensive stripped down insurance or high value policies that actually have enough coverage in the event there is a hurricane. Whether you are looking for a basic policy or the most complete […]

While the overwhelming majority of Florida home insurance companies out there are on the “up and up” and run completely legitimate businesses, there are a number of less than ethical insurance companies looking to squeeze every penny out of anyone they can – with absolutely no worry or concern about what it does to you.

And even if there isn’t any malicious intent behind some of the actions that Florida home insurance companies take they might still be keeping you from saving all of the money that you otherwise would be, which is why you’ll want to pay close attention to all of the details included below.

While nowhere near the completed comprehensive list of everything that Florida home insurance companies may try to “hide” from you, here are just a couple of things that you’ll want to be aware of before you sign up for coverage with any of them!

You can always shop for a better deal

The first thing that you need to know is that you are always – ALWAYS – able to shop for a better deal whenever you are looking for Florida home insurance.

Even though you have signed an agreement with a particular insurance agency, you still have the right to investigate and research the rates available from other Florida home insurance companies (as well as the coverage that they provide) and make the decision to “jump ship” whenever you feel like it.

If you use this as a powerful bargaining tool at the negotiation table, you could end up with significant savings – and an endless source of significant savings, if you use it once a year or so – that can help you to protect your bank account and your property at the exact same time!

You might be available for significant discounts that are “hidden” from the general public

Secondly, there may (or may […]

Trying to secure cheap Florida homeowners insurance can be quite a task. However, that does not mean it’s difficult. With some planning ahead and taking the time to review everything, you can lock down that cheap policy you’ve been looking for.

Finding coverage is easy. All it takes is for you to collect a few quotes. Did you know that by shopping around with us can save you hundreds of dollars on a policy? Here is how you can do just that.

Secure your quotes with us   

Start off by collecting quotes from multiple companies right here. There is no need to go elsewhere. It’s easy.  Enter your basic information into our system, we will compare you with over 25 companies and provide you with quotes in 30 seconds or less, finalizing the process with our representative contacting you to finalize your policy.

We can provide you with a better deal by conducting a price match with other providers against their competition.

What else can I do to get cheap homeowners insurance in Florida?

In addition to collecting quotes, there are other ways you can lock in cheap Florida home insurance. First, you can limit how much of a risk you are to a company. Risk is a big word in the insurance world. If you are a big risk to a company, they won’t insure you or they will gouge you with an expensive premium.

By making yourself less of a risk, you can receive a lower premium. For example, you may try to minimize your risk of flooding in your home. Flood damages are the number one insurance claim in the United States. If your home is located in a high-risk zone, you can take a few steps to reduce your premiums. You can install proper flood openings, elevate all of your utilities above the ground, and elevate your home.

Also, try to reinforce your home. By investing in storm shutters, reinforcing your roof, and updating […]

Along with hurricane damages, water damage claims are skyrocketing. This has caused Florida home insurance costs to rise, leading to major carriers to drop their customers. Citizens Property states that an increase in non-weather related water claims has affected claims too. That includes plumbing issues, roof problems, and other insurance claims not tied to storms.

It’s no surprise that Florida is number one when it comes to expensive home insurance. In fact, the average premium here is almost double the national average. With these climbing prices, residents can struggle to find affordable coverage.

If you are a FL resident and have been dropped from your current company, you will need coverage as soon as possible. If you haven’t been dropped, it’s still important to ask your current provider if there’s a chance you could be. That way your household is prepared to begin shopping for a new policy.

Customers that have not been dropped by their smaller state-based company can expect to see a premium increase of 8%, which gives local insurance agents reason to predict other companies will soon follow that lead.

With a premium increase to follow in 2019, Florida homeowners should expect to pay twice the national average in premiums.

How can I find a Florida home insurance company that fits my budget?

If you are trying to shop for a new Florida home insurance policy or are looking to save some money on your policy, FloridaInsuranceQuotes.net can help customers save about $1600/year on average for a Florida home insurance policy. With a sudden premium increase in 2019, all FL residents want to save as much money as possible.  […]

Home insurance companies in Florida run the whole scale of good to horrible, so you don’t want open the yellow pages and use the “close your eyes and point” method to pick one.  This is one of the most important decisions you as a homeowner will face.

After all, whichever home insurer you choose will be helping you during your time of need.  And if you pick a substandard insurance company, you can expect substandard service and poor claim payouts.

So, how do you find the best home insurance in Florida?  Do your research!

Know Your Choices

First things first, you need to know how much insurance needed and how much it will cost.

FloridaInsuranceQuotes.net has a tool for consumers to see how much a particular plan could cost them.  Now, this is simply for illustrative purposes, but it’s a great start before getting a detailed quote.

Consult an Expert

Clark Howard, the nationally syndicated radio consumer expert, has compiled a list of the highest and lowest ranked home insurers in the country.  USAA leads the list, but it only offers home insurance in the state of Florida to active duty military service members stationed within the state.  But not to worry, he has a comprehensive list of which company is good, which is bad, and which is downright ugly!  (And they may not be who you expect!)

He also gives some great tips for lowering your premiums, adding extra riders to ensure the proper amount of coverage, and getting the best policy for your money.

After you’ve […]

Insurers run the gamut from national companies to local companies, from those exclusive to one group (such as military members) to those who cover anyone.  It’s a difficult, if not daunting task to choose, but here are some things that can make it easier for you.

Ask Around

Ask your friends, family, and neighbors who they use, especially your neighbors.  The people who have lived in your area for a long period of time have probably filed a claim or two.  They have learned if their homeowners’ insurance company makes good on claims, or gives you the run around.

Also ask them why they went with their current insurer over another one, what type of policy and riders they have, and why they have them.  Especially if you are new to Florida, you may not know every type of hazard you may face as a homeowner.  Is the area prone to flooding?  Do you need additional hurricane insurance?  Have there been issues with the sewers and do you need a rider for that?

Check Up on Them

Once you’ve got a list of insurers from people you know, and you’ve picked their brains clean of insurance related information, it’s time to do some digging on your own.  Check with the Better Business Bureau for complaints.  It’s a great place to see if there are complaints, what types of complaints there are, and who filed them.  A lot of customer complaints regarding claims?  Time to move on to the next one!

Put Them in the Hot Seat

When you’ve got your short list of potential homeowners insurance companies in Florida, pick up the phone and start calling the local agents that service your friends and neighbors.  They should have formed good, solid relationships in your area, and be fully aware […]

There are many companies writing homeowners insurance in Florida.  Some are for specific groups – such as USAA for military service members – and some are your standard national insurers – such as All State.  Not all of them are going to work for you.

In fact, as a Florida homeowner, you’re faced with the task of narrowing the field to one insurer to cover hazards to your home.  So which one do you pick?  Well, that depends on a lot of factors.

Not all insurance companies are the same.  That seems to go without saying, however, you’d be surprised how many people think of them as being the same dog with different fleas.

Size Matters

A good starting point for comparison is size.  Is bigger better?  Or do you want to go with a small, Florida insurer?

Smaller companies can give you that Mom and Pop feel many consumers really love.  However, smaller companies may not have the financial resources to pay out on big claims from a hurricane or other natural disaster.  Many are backed by large reinsurance companies – reinsurance is a fancy way of saying your insurer has insurance – but having an insurer go belly-up right after a major storm is not a pleasant thought.

Bigger companies may have lots of layers of red tape or hoops to jump through for claims, but let’s face it, they have the money to pay.  And that is, in the long run, what it’s about, getting money when you need it.

Who You Know and What They Know

The best way to get the Mom and Pop feel from a big company is to develop a relationship with your local agent.  He or she should have ties to the community and be someone you can get ahold of should you need them.  There’s nothing worse than not being able to reach your agent should the need arise.  Well, not getting the claim paid at all would be worse, but having to chase down your agent is a close second.

Another […]

Homes themselves can also affect how much a homeowner pays for a monthly home insurance premium. In a state like Florida, the weather can beat down on a home, changing its exterior to the point of it impacting its insurance policy. Even severe weather can change how an insurance company secures a policy against a home.

Due to parameters like these, it’s up to homeowners themselves to learn how to save money on their home insurance policy. As the seasons change, homeowners should always have options open for an insurance policy that’s both appropriate for their home’s needs and cost effective enough to prevent it from impeding their financial viability.

So, can you, as a homeowner, save enough money on a home insurance policy this fall and winter season? Believe it or not, it’s quite possible for any first time buyer to find an insurance policy that fits the needs of their home.

Home insurance – the facts

Florida is undoubtedly known for its rather extreme weather changes—thunderstorms and lightening, heavy rain showers, tornadoes and hurricanes. The weather, too, affects homes on the coast line just as they affect homes that reside inland. Thanks to this, homeowners without any type of insurance policy on their home is actually doing their home is a disservice for its overall viability.

Home insurance in Florida, according to recent statistics from a 2012 industry study, costs at least $1,000 ($1,068) per year on average. In most cases, […]