Southern Florida has the highest home insurance in the United States. It’s a given that residents wonder why coverage is so expensive. This is simply because Florida leads all other states when it comes to insured catastrophic risk. The higher the chance of risk, the more expensive your rates will be.
Why does South Florida have higher rates?
Higher South Florida homeowners insurance rates 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 only the best 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 cheapest stripped down insurance or the best value policies that actually have enough coverage in the event there is a hurricane. Whether you are looking for a cheap basic policy or the best coverage out there, we have the best resources available to help you find what you’re looking for.
Once you are ready to purchase a South Florida homeowners policy, always consider how long the company has been in business. This is a crucial step because you will want a professional and responsive company in the event of a disaster. There are lots of newer home insurance companies out there that have never been through a hurricane yet. Once a hurricane hits, will this company be able to even get someone on the phone to file a claim? Is that really a risk you’re willing to take?
Finding the right South Florida homeowners insurance can be difficult, especially at the right price. Let us help you score the perfect policy. We can provide you with the best policies from top rated companies that have years of experience dealing with natural disaster-related claims. Ready to get started? Click the gold “get a quote button” to begin.