{"id":401,"date":"2012-07-17T12:35:18","date_gmt":"2012-07-17T16:35:18","guid":{"rendered":"https:\/\/rtcinsurance.wordpress.com\/?p=401"},"modified":"2026-05-16T21:58:23","modified_gmt":"2026-05-17T01:58:23","slug":"how-to-choose-home-insurance","status":"publish","type":"post","link":"https:\/\/rtcinsuranceadvisors.com\/blog\/how-to-choose-home-insurance\/","title":{"rendered":"Florida Home Insurance and Tips To Help You Choose a Policy"},"content":{"rendered":"

The best way how to choose Florida home insurance<\/a> would be first to pull out your current policy.\u00a0 Review the limits you currently have so you can compare to what you are being quoted.\u00a0 If you haven\u2019t yet attained a homeowners insurance policy due to it being your first home, you will need to learn some aspects of the policy first.<\/p>\n

You have 2 deductibles in your Florida home policy; the all other perils (AOP) which is usually $1,000 and a hurricane loss deductible (usually 2% of the Dwelling limit).\u00a0 After the deductible is met, you have certain limits of coverage\u2026dollar amounts the carrier will pay in the event of a loss.\u00a0 They are labeled in letters.\u00a0 Here is a sample:<\/p>\n

COVERAGE LIMIT<\/p>\n

A. Dwelling $175,500
\nB. Other Structures $3,510
\nC. Personal Property $87,750
\nD. Loss of Use $17,550
\nE. Personal Liability $300,000
\nF. Medical Payments to Others $5,000
\nAll Other Perils Deductible $1,000<\/p>\n

Florida Home Insurance Should Contain Replacement Cost<\/h2>\n

One important note is replacement cost.\u00a0 You should attain a policy that gives you replacement cost for both your home (the dwelling) and personal property.\u00a0 This eliminates any depreciation deductions.\u00a0 Oftentimes, agents eager for the sale will strip off personal property replacement cost for contents.\u00a0 This will make the premium lower, but in the event of a loss, you will only receive actual cash value for your contents.<\/p>\n

So, in the above limit example, you see that there is $87,750 worth of insurance to cover contents.\u00a0 Well, if you have a loss and your policy is under actual cash value, the adjuster will simply take into account depreciation for all your items.\u00a0 So, you may wind up with a $40K settlement, meanwhile you have $87K worth of property leaving you out a good amount of money and no furniture.<\/p>\n

The most important step in finding out how to choose\u00a0Florida home insurance now that you understand the limits would be to work with an independent agent, like us, to shop multiple carriers for you.\u00a0 You don\u2019t want to work with an agent who only has 1 or 2 carriers, the market is big and we at RTC Insurance have access to over 15+ carriers to ensure you receive the most competitive rate.\u00a0 We only work with A rated carriers so that you will be covered by a carrier with excellent claims paying ability.<\/p>\n

Feel free to contact us at 352-200-2066<\/strong> for a quote today.\u00a0 We will answer all your\u00a0Florida home insurance<\/a> questions and bind the new coverage for you right over the phone.\u00a0 We look forward to helping you save premium without giving up coverage.<\/p>\n