Florida’s proximity to the Atlantic Ocean and the Gulf of Mexico has made it a popular destination among many tourists across the United States. Its beaches and its tropical climate are among the main reasons why people choose to go there. Some people even decide to live there for prolonged periods of time. If you are a homeowner in Florida, you’re probably already aware of the dangers of having no home insurance as the state is known for being on the hurricane belt.
Home insurance policies generally cover damages that are sustained from trees and falling objects, fire, wind, lightning, hail, explosions, freezing rain, and hurricanes. Looking for good Florida home owners insurance ratings is not really very difficult, but here are some special considerations that you must know of:
Florida Home Owners Insurance Ratings Limitations
Your home insurance policy will cover the likely damages that your Florida home will sustain. However, it will not cover perils from earthquakes, mudflows, landslides, war damages, pest damages, pollution damages, and wear-and-tear. There are also limitations on some personal properties. For example, some will only cover perils for theft, while some may cover perils for any kind of loss.
Optional Coverage
Some natural disasters are not covered by your home insurance policy, so you will need to purchase additional coverage to insure your home from such types of damages. Some of these involve entirely different sets of insurance coverages. As a result, it wouldn’t be surprising if your Florida home owners insurance ratings will go up. An example of this is flood insurance and earthquake insurance. Premiums for these insurance policies vary in range; it can even go as high as $3,000 per year in some states.
Some other extra policies include inflation guard, weather hazards, personal umbrella liability insurance (increases your liability coverage beyond your main home insurance policies), and guaranteed replacement cost coverage.
Senior Discounts
Did you know that people who are 55 and over can get discounts on Florida home owners insurance ratings? Some companies give up to 10% discounts to senior citizens because they tend to live more safely than those belonging in the younger demographics.
Home Inventory
Creating a home inventory will greatly help you in filing a more detailed and accurate insurance claim in the unfortunate event that your home gets destroyed or damaged. It is also advisable to keep your credit card statements and receipts of your large purchases.
Florida Home Owners Insurance Ratings Florida
If you are now ready to insure your Florida home, all you have to do is to visit the FL Homeowner Insurance website and fill out the form on the homepage to get Florida home owners insurance ratings. FL Homeowner Insurance is in partnership with many trusted home insurance companies in Florida and they will help you pick the company that is best suited for your needs.