Many people dream of the ideal life of living in Florida, with its many miles of coastline and warm, sunny weather most of the year. Still, while owning a home here can be a dream, nightmares can still happen, which is why having the right home insurance policy is so necessary. It is important to note that Florida has the most expensive home insurance premiums than all other states in the USA. The average annual premium is $1,993/year.
Keep reading to learn some Florida homeowners insurance tips you can use to make the most of your coverage and possibly save some money while you do it. You’ll at least be better prepared for eventual possibilities and sleep with peace of mind of being covered well.
Document your personal possessions if you want your homeowner’s insurance to cover them. Without sufficient documentation, it’ll be very hard to get compensation at all, much less fair replacement value.
When you go through comparing rates and requesting quotes for your possible homeowner’s insurance, don’t neglect to add in any information you have regarding the security features of your home. Any security system linked to an external reporting agency might cut down your premiums by 3 to 5 percent.Continue reading →