As a homeowner, you'll have many expenses, and part of those will be for protecting your asset. While you can't predict the future, you can certainly plan for it. Florida homeowners insurance policy premiums can vary and will depend on several factors.

A Florida independent insurance agent will have access to multiple carriers so that you're fully protected. In addition, they'll shop your coverage with only A-rated carriers, making it a no-brainer. Connect with a local expert for more information. 

What Does Homeowners Insurance Cover in Florida?

It's vital to know what your homeowners insurance policy will cover. The major losses that are included automatically are lightning, severe storms, fire, and theft. 

Number of homeowner insurance claims paid due to lightning losses in the US 

How your home coverages are broken down:

• Dwelling limit: Pays for the replacement or repair of your home itself when a covered claim occurs.
• Personal property: Pays for the replacement or repair of your personal belongings.
• Personal liability: Pays for bodily injury, property damage, and slander claims against a household member.
• Additional living expenses: Pays for your temporary stay at another property when a claim renders your home uninhabitable. 
• Medical payments: Pays for the first $1,000 - $10,000 of a medical expense when a third party gets injured on your property.

Common Disasters for Your Florida Home

Catastrophes and natural disasters can happen everywhere. The best way to be prepared is by having the right coverage in place beforehand. Take a look at what could impact your Florida home the most:

• Wildfires and residential fires
• Hurricanes and tropical storms
• Severe storms and lightning
• Flooding and water damage
• Burglary and other property crimes

Incurred losses for homeowner insurance in the US (in billion US dollars)

You just never know what damage could happen at your Florida home. So it's best to be prepared for all the what-ifs to avoid financial ruin.

How Much Does Homeowners Insurance Cost in Florida?

The average annual Florida homeowners insurance premium is $1,951. This is higher than the national average of $1,211, however, all pricing will vary. Check out the risk factors carriers use to calculate your home insurance costs:

• Where you're located
• Prior claims reported
• Value of home and belongings
• Insurance score
• Local crime rate

Optional Florida Homeowners Coverage for Additional Protection

It's good to be completely protected from all that life throws at you. When it comes to insuring your home, you'll have some options for additional coverage that could help out a lot. Check out the policies for your Florida property:

• Flood insurance: Pays for any damage due to a flood loss on your property. 
• Umbrella insurance: Provides extra liability protection when your underlying home limits are exhausted due to a larger loss.

How a Florida Independent Agent Can Help

If you're searching for a homeowners policy that doesn't cost an arm and a leg, then you may need a professional. Coverage can be confusing when you're not a licensed adviser, but it doesn't have to be. With the right help, you can get the home policy you deserve for much less. 

A Florida independent insurance agent will do the shopping through their network of carriers. This gives you options on policy and premium so you can stay within budget. Connect with a local expert on TrustedChoice.com to get started today.