Homeowner’s insurance covers every Florida homeowner. Even if you own your home outright, it is still likely your most significant investment and most valuable asset, so it is in your best interest to protect it with homeowner’s insurance whether or not your mortgage lender requires it.
Also, your mortgage lender has every right to require you to carry homeowner’s insurance if you have one, but you have complete control over which company and policy you’ll be paying for.
Online comparisons of homeowner’s insurance policies in Florida can help you get the best rate, but before you dive in, it’s a good idea to get a policy in place first.
Your “comparisons” aren’t very much unless you compare the same policy on at least three sites.
Let’s see what we can do to make a policy that is built to save you money on your home insurance premiums every single month.
Have you ever purchased additional coverage from this provider? If that’s the case, you should check if you’re getting a Multi-Policy Discount on your homeowner’s insurance premium.
Do you have at least five years of continuous coverage with the same insurance provider? Then, each month, verify if you receive a Long-Term Policy Discount.
Inquire about the potential monthly savings from upgrading your plumbing and electrical systems with your real estate agent if your home is ten or older. The cumulative effect of the monthly savings may justify the initial investment.
To prevent break-ins, you should equip your home with motion-detecting floodlights and clear the area surrounding your windows of any bushes.
As a preventative against wildfire, you should clear a zone of at least ten feet around your home of any weeds or brush.
Follow the manufacturer’s directions when setting up smoke and fire detectors around your home. Always use new batteries, and make it a habit to swap them out at least twice a year.
Make sure you have a fire extinguisher on hand that is designed to put out flames in a kitchen.
Repair any holes you find on the property and fix any concrete paths that are broken or buckled. If you have a deck or porch, ensure any loose boards are replaced and that your homeowner’s insurance agent is aware of any upgrades you’ve made.
Talk to your agent before committing to purchase a system, as not all systems will earn you the same discount on your monthly premium, but if you can afford it, installing a home protection system that is monitored off-site 24/7 for fire and burglary can save you up to 30% on your homeowner’s insurance each month.
You may be eligible for a substantial premium reduction if you have a family member who is 55 or older and either retired or works from home full-time.
You should check with your insurance agent twice yearly to see whether you are eligible for unannounced savings on your homeowner’s policy. Most insurance companies offer a surprising amount of unadvertised discounts waiting to be claimed, but you’ll have to inquire to find out about them.
Apply what you’ve learned here to create a policy that will save you money on your homeowner’s insurance premiums every month, and then go online to compare the cost of that policy with at least three different homeowner’s insurance comparison websites.
You may rest assured that the lowest price you’ve found is the best on cheap homeowner’s insurance online in Florida if you shop around and compare quotes for the same policy on at least three websites.
My go-to resources for affordable house insurance
Florida Online Homeowners Insurance at Low Cost [http://www.ezquoteguide.com/home/]
Tips for Getting a Lower Rate on Your Home Insurance
Read also: https://rainbowhud.com/category/insurance/
