What to know about Homeowners Insurance

in Florida

Facts about Homeowners Insurance in Florida

Home insurance is not required by law, but it is required by lenders if you have a mortgage or a loan against your house. Florida has a high risk of hurricanes, tornadoes, and wildfires, and homeowners collect about $3.4 billion in insurance claims each year. So whether or not this coverage is required, it is almost certainly worth having.

More Florida home insurance facts

  • In 2018, Michael was the strongest hurricane ever to hit FL.
  • There are about 3,000 wildfires in this state each year.
  • Florida has had 122 federally declared disasters since 1953.
  • Floridians deal with an average of 54.6 tornadoes per year.

Average Cost of Homeowners Insurance in Florida

The average American homeowner pays $1,173 per year for home insurance, but in Florida, the average annual premium is $1,993, making it the most expensive state in which to buy home insurance. Even though insurance is more expensive for homes in Florida, having insurance is vitally important because hazards such as severe storms and raging wildfires can cause serious damage to homes each year.

Average Price for Homeowners Insurance

What Makes Independent Agents in Florida so Awesome?

  • Independent agents are not tied to a single insurance provider
  • Local insurance agents have close ties to your community
  • Your agent can make shopping for the best rate stress-free

Find an independent agent in Florida

I started online and when I started comparing, I sent out questions to the ones that I was interested in which ended up being about four of them. They got back to me on time, usually within a couple of hours or within the hour after sending an email or placing a call. They called me back with the information I was looking for. That's what led me to decide that Trusted Choice was the one I should go with.

five stars Rudy of Altimonte Springs, FL Consumer Affairs

What Does Your Homeowners Policy Cover?

Homeowners insurance can cover the costs associated with many of the risks you face as a property owner in Florida. Whether your house has been flattened by a tornado or broken into by burglars, your policy can ensure that you do not suffer insurmountable financial losses as a result.

  1. Covers the cost of rebuilding, repairing, or replacing property: A brush fire burns in your neighborhood and many of your belongings are damaged by smoke and fire fighting efforts.
  2. Covers someone else’s injuries or property damage when it’s your fault: While you aren’t watching, your neighbor’s child dives into the shallow end of your pool and suffers a head injury.
  3. Covers temporary living expenses if your house is damaged: A tornado destroys the roof of your home and renders it uninhabitable, so you must stay in a hotel until repairs are made. 
  4. Covers loss or damage due to property crimes: Someone loots your home during a hurricane evacuation and makes off with valuables like your collection of rare porcelain figurines.

If you are concerned about floods in your area, or if you are in a flood zone, make sure to talk to your agent about flood insurance.

Top Insurance Companies that Support Independent Agents in Florida

There are currently 1,583 independent insurance agents in Florida who are ready to help. These agents can work with several different insurance companies to help you obtain and compare a selection of customized home insurance quotes. That way, you can be sure you are getting the coverage you need at a fair and competitive price.

Why go Independent

Why Go Independent when looking for Homeowners Insurance?

  • The Best Agents
  • Insurance You Can Understand
  • Multiple Quotes