Home Insurance Quotes Florida | As a homeowner, you want to protect your biggest investment with the best insurance policy to suit your needs and your budget. Most Florida home insurance companies offer free quotes to prospective homeowners. It is a great idea to get a couple of these and compare them to determine the best coverage for your home. Getting the quote is easy, understanding how to compare multiple quotes becomes a bit more complicated.
Making yourself aware of the considerations below will help you make an informed choice for your home insurance policy.
Before you head straight to the cost, you will be better able to compare apples to apples if you understand what is covered in each policy.
What is included?
In general, the common coverages are as follows: fire, lightning, windstorm, explosions, smoke damage, sudden or accidental leaks from plumbing, and acts of vandalism. These can vary from state to state, and from policy to policy.
What is excluded?
There are certain types of incidents that are not covered under a regular home insurance policy. They require additional coverage. Certain types of flooding are often excluded from homeowner policies and require separate coverage. Flood insurance is not included in standard property insurance policies, but it’s a must for Florida homeowners. Some molds, depending on the cause, can be excluded, as well as sewage backup. Make sure to ask your agent about these important coverage options.
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What are the additional coverages?
As mentioned above, certain structures or incidents may require separate policies. Each additional coverage will have its own costs associated, so be sure to have a thorough understanding of what comes with your policy.
Understanding Your Home Insurance Policy
How much is the premium versus the deductible?
Your deductible is what you will pay in the event you need to file a claim before your insurance coverage kicks in. Your premium is the annual cost of your policy which you pay monthly or on a semi or bi-annual basis. Your deductible has a significant effect on the premium. Generally, the higher the deductible, the lower the total premium.
What is your liability limit?
Most home insurance policies offer personal liability, or coverage that would come into effect in the event that you become liable for the injuries or damages caused to another person outside of your household. Examine the similarities or differences in these on all quotes, and be sure to note the exclusions or limitations.
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Look for discounts.
There are many ways to get discounts on your home insurance coverage. Personal discounts could come from combining policies or senior discounts. Home security and other preventative measures can reduce your policy rate as well.
Assess the Company
Once you have compared coverage and costs, feel free to learn as much as you can about each company you are considering. You can also look for their financial rating to know more about their stability.
If you are not satisfied with your current home insurance company or policy, consider shopping around for a new home insurance quote. They are free and easy and can help you make a more informed decision about your home insurance policy. Visit American Integrity Insurance at for a free, no obligation home insurance quote.