COVERAGE / HOMEOWNERS
Home insurance in Florida, explained
Hurricanes, other natural disasters and the cost of litigation make this a hard market. These are the levers that still work.
WE DO THE SHOPPING
We compare carriers for you at matching limits and deductibles, so the comparison actually means something.
BUNDLE
Home with auto can discount both (not always).
DEDUCTIBLE
Sometimes changing deductibles can dramatically reduce the premium. Keep the cash to cover it.
SECURITY
Alarm systems, smoke detectors, deadbolts, and guarded or gated communities.
INSURANCE SCORE
Your insurance score affects the premium in Florida. It isn't a pure credit score and does not hit your credit report.
UPDATES
Roof, electrical and plumbing upgrades reduce risk and price.
WIND MITIGATION
Shutters, reinforced roof, impact windows. This is the biggest single discount available in Florida.
CLAIMS HISTORY
Frequent small claims cost more than they return.
ANNUAL REVIEW
Review your coverage every year so it reflects what it would cost to rebuild your home today.
Litigation has historically been a major issue, and homes are much more expensive to repair. We live in a hurricane-prone state, so insurance companies have to be prepared for the possibility that one storm could damage hundreds of thousands of homes at the same time. Hurricane Ian alone caused well over $100 billion in damage. Hurricanes, in addition to global disasters, also affect the price of reinsurance (insurance for insurance companies).
Assuming it was not excessive claims, it is almost always risk management rather than anything about you. Carriers set reinsurance against their maximum probable loss in an area, so they manage exposure down to the county, the zip code, and the individual risk to spread it across the state. It keeps one storm in one place from taking out their whole book. It is not personal.
No. Flood is a separate policy. Homeowners does not pay for flood-related losses.
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561-416-9370