Adequate limits: Most homeowners are aware of their home's value when they first purchase it, however, as time goes by, the value changes. Make sure your insurance policy limit change accordingly.
Policy Valuation: When determining the policy limit, the type of valuation used is important. There are two most commonly used valuations.
Extended Replacement Cost Coverage: After Florida homeowners face a major catastrophe like a hurricane, building materials are in high demand and become scarce.
Know your hurricane deductible: Approximately 70 % of Florida homeowner insurance policies have a 2% hurricane deductible. That means 2% of your policy limit will be deducted in the event of a hurricane loss (i.e. if your policy limit is $200,000, you will be responsible for the first $4,000 of a hurricane loss).
Flood insurance:Did you know that a standard homeowners insurance policy does not cover flood damage
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Homeowners insurance can be tricky waters to navigate. Finding a policy that fits your budget while still providing you with the proper protection has become increasingly difficult. We do our best to simplify the process for you and minimize the hassle of shopping for home insurance. To see just how easy it can be, please complete our online request form and you will be contacted by one of our home insurance specialists.
Our specialists represent some of the most esteemed insurance companies in the nation. They can offer a variety of options to meet your insurance needs. Florida is a unique state with its extensive coastline and diverse regions, making the insurance market in Florida just as unique. With this in mind, it helps to have the assistance of a specialist on your side.
As independent agents, we can provide you access to quotes from several companies at once to ensure you get the right coverage for the best price. This is one of the many benefits of working with a multiple choice insurance agency. If you're unsure of what the "right coverage" is, we can help you with that too. Let one of our knowledgeable specialists work with you to develop a policy that meets your needs.
