Florida is prone for hurricanes. Getting a policy which includes hurricane protection would be a wise decision. It can be a lot of work to find the right insurer, but it's worth it to ensure you have financial protection in the event of a storm.
Hurricane insurance in florida
Some insurance companies offer coverage for storm-related issues such as flooding and wind damage. These policies can cost a bit more than a standard homeowners policy, but they're well worth the added expense.
Amica Insurance is a large and well-known insurer. They offer hurricane coverage in addition their other products. J.D. rated it as the best in customer satisfaction. Power in 2022, and also has an A+ rating with an excellent financial score from A.M.
Lemonade offers hurricane-related insurance. The calculator on its website will help you calculate how much money you could potentially save by making changes to your house to protect it against hurricane damage.
Florida requires that homeowners' insurance providers offer options of $500 deductible, 2% for hurricane damages, and 5% for other types of damage. If you have a percentage based deductible, your insurer will not pay you any money until the deductible is met.
Deductibles, which are part of homeowner's insurance policies, can be confusing for homeowners who live in areas susceptible to hurricanes or tropical storms. The good news is most people do not have to pay hurricane deductibles until after they make a claim.
Allstate State Farm Citizens Property Insurance Corp. all specialize in hurricane insurance. These companies offer windstorm protection to many Floridians and typically have low rates.
Amica is an established name in Florida insurance with a rich history. A.M. rates it A+ in financial ratings and for excellent customer care.
Consider buying a supplemental policy if you do not have a high enough deductible. The supplemental insurance will cover the cost of the repairs before you pay the hurricane deductible.
Your deductible will be determined by the type of policy you buy and the number of storms that have hit your home in the past. Ask an agent to get an estimate and ask the insurance company.
Most insurers also offer discounts or credit to homeowners who take steps against wind damage. These include adding storm shutters, using impact-resistant glass and choosing stronger roofing materials.
Get a quote for free to find the right hurricane coverage. Compare quotes from various insurers to get the best deal.
Amica Insurance Company, Kin Insurance Company and PURE Insurance are some insurance companies who specialize in Florida homes. They have an excellent reputation when it comes to customer service. Also, they offer a hurricane policy that can be combined with flood coverage.