HOMEOWNERS POLICY

The homeowners insurance covers your home, additional buildings on the property, and your personal property if they are damaged by fire, wind, explosion, water from the plumbing system, and many other perils. The policy pays for the cost of additional living expenses if your house is unlivable during the renovation after the damage covered by the policy. It also comes with liability protection if other people get injured on your property.

A hurricane is one of the covered perils in Florida unless you choose to exclude it from your policy. Hurricane coverage usually comes with an annual hurricane deductible. This means you won't get hit with a deductible for each storm if your home is damaged multiple times in a season. Once you meet the hurricane deductible, you will only have your normal home insurance deductible.

If your home is older than 30 years, a 4-point inspection certifying that your roof, electricity, plumbing, and heating systems are updated and in good conditions may be necessary to obtain Homeowners policy in Florida.

Don't miss the credits you are eligible for, for example: if you have an alarm system that reports to a central station, you can get up to a 10% discount. We offer free, comparative quotes on Homeowners Insurance from multiple insurance carriers so you can get the best possible rate.

Renter's Policy

If you rent an apartment or a house, your belongings or your legal liability are not covered by your landlord’s insurance policy. If your possessions are stolen during a break-in or damaged by a fire or severe windstorm, a renters insurance policy can allow you to recover their value. If someone is injured during an accident in your home and you are alleged to be legally responsible, renters insurance may help protect you in the case a liability lawsuit.

Renters Insurance Covers:

Fire or Lightning
Windstorm or Hail
Freezing of plumbing system
Theft
Vandalism
Impact by a Vehicle

We offer free, comparative quotes on Renters Insurance from multiple insurance carriers so you can get the best possible rate.

Protect your belongings

Your landlord isn't responsible if your personal possessions are damaged or lost. The average renter has over $35,000 worth of belongings, but the amount of coverage you'll actually need depends on several factors. Renters Insurance may cost about $15 a month, and it's a wise investment.

Rental Property Insurance

If you rent a house to tenants, you need a Landlord or Dwelling Policy. Landlord policies provide property insurance coverage for physical damage to the house caused by fire, lightning, wind, hail, ice, snow, or other covered perils. It also offers coverage for any personal property you may leave on-site for maintenance or tenant use, like appliances, lawnmowers, and blowers.

The policy also includes liability coverage, and if a tenant or one of their guests gets hurt on the property, it will cover legal fees and medical expenses.

Most landlord policies provide coverage for loss of rental income if you cannot rent out the property while it is being repaired or rebuilt due to damage from a covered loss. This coverage is generally provided for a specific period of time.

Higher cost of dwelling fire policy

Insurers experience more claims on tenant-occupied properties. This is because tenants are usually less tidy with rented properties than owners would be. This is the reason such policy may be 15% more expensive than homeowner policy. You should always encourage your tenants to purchase renter insurance.

FLOOD INSURANCE

Your Home Insurance doesn't cover flood damage, which is one of the best ways to protect yourself from flood losses. Contents coverage can include furniture, clothing, and valuables, subject to policy limits and exclusions.

A flood can happen because of a slow-moving rainstorm or land development runoff. It doesn't take a major body of water or a significant storm to cause flooding. Flood insurance covers certain cleanup expenses and damages to your heating and cooling system and the repair or replacement of flooring (according to the policy).

The government backs flood insurance with The National Flood Insurance Program, which administers most flood insurance.