Florida is prone to hurricanes. It's therefore a good idea for you to purchase a policy that covers hurricanes. The search for the best insurer can be time-consuming, but is well worth the effort to make sure you are financially protected in the event of an emergency.
Hurricane insurance in florida
Some insurance companies offer coverage for storm-related issues such as flooding and wind damage. These policies cost a little bit more than an average homeowners policy but they are worth the extra expense.
Amica is an established, large insurer with a recognizable brand. It offers hurricane insurance in addition to all of its other products. J.D. gave it the highest marks in terms of customer satisfaction. Power in 2022 and is also an A+ rated company with an excellent financial rating from A.M.
Lemonade is another up-and-coming online insurance provider that provides hurricane-related coverage. It has a calculator on its site that will tell you how much you could save if you make certain changes to the home to prevent it from being damaged by hurricanes.
Florida law requires home insurance companies to offer hurricane damage deductibles of $500, 2% 5% or 10%. The insurer will not pay any money if you choose a percentage-based deductible.
Deductibles, which are part of homeowner's insurance policies, can be confusing for homeowners who live in areas susceptible to hurricanes or tropical storms. But the good news is that most people don't have to pay their hurricane deductibles until they file a claim for damage.
Insurers that specialize in hurricane insurance include Allstate, State Farm and Citizens Property Insurance Corp. These companies offer windstorm protection to many Floridians and typically have low rates.
Amica has provided insurance coverage to Florida residents for many years. A.M. has given it an A+ financial rating and a high customer service rating.
If you don't have a large enough deductible, you can consider buying an optional supplemental policy. The supplemental policy will pay for the cost of repairs before you have to pay the hurricane deductible.
You will have to pay a deductible based on your policy and how often you've had a storm hit your house. Talk to your agent or an insurance company for a quote if you're not sure of the amount.
Many insurers offer homeowners discounts and credits when they take precautions to prevent wind damage. These include adding hurricane shutters, using impact resistant glass and choosing a stronger roof material.
Getting a free quote is the first step in finding the right hurricane insurance for your needs. Then, you can compare quotes from different insurers to find 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. You can also get flood and hurricane insurance together.