Florida has a large coastline and hurricane season all year long, so homeowners insurance is one of the best investments you can make. 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.
Florida home insurance policies average $1,981 for $250,000 in dwelling coverage. That's about 39 percent above the national average $1,428. To compare rates and find a policy that protects your home and valuables, you should get quotes.
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. These include new customer discounts, new home discount, and discounts for installing hurricane protection devices on your home.
How to improve your credit score
The credit score you have has a big impact on the rate that you pay, so it's easy to lower them. Paying your bills on-time and not carrying a high credit card balance can help you raise your score.
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. It's especially important if you live in a high-risk area where a burglary is a common occurrence.
Fortify your house against storms
A wind mitigation inspector will be able to assess the condition and roof of your home. 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 has been a leading national insurer for more than 100 year and received an A+ rating by AM Best. We recommend Liberty Mutual for Florida homeowners insurance due to its great customer service reputation, wide array of coverage choices and discounts.
Not all Florida home-insurance companies will offer you all of these discounts. So, it is important to double check each company and make sure that you're getting the most benefit.
While the average homeowners insurance cost in Florida is not bad, it's still higher than the national average and should be taken seriously. Tower Hill offers the cheapest Florida homeowners insurance, while Citizens charges higher rates for those with dangerous dog breeds.