Florida's long coastline, coupled with a hurricane season that lasts all year round, makes homeowners insurance one the most important investments. It doesn't matter if you're a new resident or have lived in Florida for many years. You need to understand the importance of protecting your home and family with a good homeowners insurance plan.
The average cost of a Florida home insurance policy is $1,981 per year for $250,000 dwelling coverage, which is about 39 percent more than the national average of $1,428. Comparing quotes will help you find the most affordable insurance policy to protect your home and possessions.
It is important to choose a Florida insurance company that provides excellent customer service, as well as coverage. This will help you find the best policy for your specific needs. J.D. Power gives good ratings to companies. The companies that have high J.D.
Check for discounts
Florida home insurance companies provide discounts that can reduce your premiums. Included are discounts on new policies, discounts on new homes, and discounts if you install hurricane-protection devices at your home.
You can improve your credit rating
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
Many Florida home insurance providers offer discounts for insuring both your home and auto with them. This can result in a significant savings over the course a year. The windstorm coverage of your homeowners policy will be reduced as well, because a bundle can reduce your deductible.
Add protection devices to your home
Adding a deadbolt, smoke alarm, or burglar alarm can reduce your insurance rates because they lower your risk of theft and fire. You should take extra precautions if you live near a high-risk neighborhood where burglaries are common.
Protect your home from storms
A wind mitigation inspector will be able to assess the condition and roof of your home. A qualified expert may also offer tips for lowering the cost of homeowner's insurance by improving your home’s wind defenses.
Get a free quote!
Liberty Mutual is one of the top-rated insurance companies in the country. It has over 100 years experience, and AM Best gives it an A+. 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.
Remember that not every Florida home insurance company will offer these discounts. It's best to verify with each one to make sure you get the most out of them.
Florida homeowners' insurance costs are higher than national averages. Tower Hill offers the cheapest Florida homeowners insurance, while Citizens charges higher rates for those with dangerous dog breeds.