Florida has a long coastline and a year-round hurricane season, making homeowners insurance one of the most important investments you can make. If you are new to Florida or have lived here for many years, it is important to know how to protect yourself and your family by purchasing a homeowners insurance policy.
Florida homeowners insurance is on average about 39 per cent more expensive than the average national policy of $1 428. Comparing prices is the best method to find an affordable policy for your home.
You can find the perfect policy by choosing an insurance company in Florida that offers excellent coverage and great customer service. J.D. Power companies with high ratings tend to have more financial stability and offer excellent customer service. Power tends to be more financially secure and provide excellent service.
Check for discounts
Florida home insurance providers offer discounts which could reduce your rates. There are discounts for new customers, homeowners, and those who install hurricane protection devices in their homes.
How to improve your credit score
Your credit score has a significant impact on your rate, so improving it is an easy way to lower your premiums. By paying your credit card bills on time and by avoiding high debts, you can improve your credit rating.
Consider bundling your policies
A Florida home insurer may offer you a discount if you insure your car and home through them. That can mean a big savings for the year. Bundling your policies can also lower the windstorm portion on your homeowner's coverage.
Protect your home with these protective devices
A burglar alarm, smoke alert, or deadbolt will reduce your insurance premiums because they decrease your risk of theft. This is particularly important if your home is located in an area that has a lot of burglaries.
Fortify your home against storms
Having your home inspected by a wind mitigation inspector can help you assess the condition of your roof and siding. A qualified professional can offer advice on how you can lower your homeowners insurance rates by strengthening the wind defenses of your house.
Get a free quote!
Liberty Mutual, a national top-rated insurer, has more than 100 years' experience and an AM Best A+ rating. It's a top recommendation for Florida home insurers because it offers great customer service, a range of options for coverage and a set of discounts.
Be aware that Florida home insurers may not offer all discounts. Make sure to confirm with the company you choose to get the best deal.
Although the cost of homeowners insurance in Florida isn't bad, it is still higher than average. This should be taken into consideration. Tower Hill has some of the cheapest Florida home insurers, while Citizens' rates are higher for homeowners who have dangerous dog types.