Florida Home Insurance - How To Get The Cheapest Price

By Brian Stevens


Your house is a huge investment. It may be the largest financial investment you will ever make, so you should ensure you protect that investment by getting homeowners insurance without spending an arm and a leg to obtain it. Therefore the question is where can you obtain the least costly Florida homeowners insurance quotes with a top-rated company?

Actually the answer to that question is right in front of you.

Your home is a major financial investment. It may be the biggest financial investment you'll make, so you should be sure you safeguard that investment by purchasing homeowners insurance without having to spend an arm and a leg to get it. And so the question is where can you obtain the lowest Florida homeowners insurance quotes with a top-rated provider?

The answer is no further away than your own computer. You can go to an insurance comparison Internet site and obtain fast Florida homeowners insurance quotes. At these sites you will complete a very simple questionnaire with information about your house plus your insurance requirements. Once you submit your questionnaire you will get price quotes from numerous top-rated providers wanting to get your business.

Getting Started

You want to have the following information handy whenever you go to a comparison website to get your quotes . . .

- Your house's square footage

- The year your home was constructed

- How far away the nearest fire hydrant is

- Building information about the house, such as the type of foundation, walls, and roof

- How much coverage you would like

- The amount of the deductible you would like

- All the safety features you have in your house including security alarms, smoke detectors, and fire extinguishers

Tips For Obtaining The Lowest Quote

In order to decrease your premium even further, do the following:

- When entering your deductible (the total amount you have to pay before your insurance coverage takes over) make it as high as you can afford. The default deductible on Florida homeowners insurance quotes is generally $250, but if you increase it to $500 you'll save up to 15% on your monthly premiums. Increase it to $1,000 and you'll save up to 25% on your monthly premiums. And if you raise it to $2,500 you could save as much as 30%. The caveat here is to make sure you are able to afford the increased deductible.

- Avoid using the appraised value of your house for the amount of your insurance coverage because that includes the value of the land your home is situated on. To find out how much it will cost to reconstruct your home, get an estimate from a local building contractor or even a real estate agent. To get an estimate of how much all your personal belongings are worth, take an inventory of your belongings including all your appliances, your clothes, all your household furniture, along with anything else you own that is not part of your house.

- Obtain each of the discounts you qualify for. Florida insurance providers offer a number of discounts like senior discounts if you are 55 or older and retired, mult-policy discounts when you have your home and auto insured with the same company, and non-smoker discounts if no one at your residence smokes.

Little Known Discounts

There are a variety of discounts you might never have heard of such as discounts for certain professions like fire fighters or military personnel, and discounts for residing in a gated community or being associated with a home owners association. Before buying a policy be sure to ask your agent about each of the discounts that are available.

Choosing A Company

Once you've got several Florida home insurance price quotes, you will need to select a company with the best quote. Nearly all comparison sites only work with A-rated companies, however if you are uncertain about the company you can check its financial rating at StandardAndPoors.com, and see it's customer rating at J.D. Powers website.

Bottom Line

Taking a few minutes of your time to acquire price quotes using an insurance comparison site will be well worth your time. In fact, after I used a comparison site to find out if I could get a better price on my insurance, I ended up saving $640 on my premiums by simply switching providers.

[See how get affordable Florida homeowners insruance]





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