Florida homeowners face a wide range of weather-related challenges every year, and protecting a valuable asset like a home is a critical part of homeownership. Florida homes can be damaged by hurricanes, thunderstorms, floods and more. A comprehensive home insurance policy is vitally important.
Home Insurance Basics
Standard home insurance policies typically provide four types of coverage:
- The house itself — If your home is partially damaged or damaged beyond repair by a covered peril, a home insurance policy can help to repair or rebuild it. A policy may also cover separate structures, such as a detached garage or storage shed.
- The stuff inside — If the items inside a home (furniture, clothes, etc) are damaged by a covered disaster, a home insurance policy can help replace those items. There are some belongings such as expensive jewelry or artwork that may require additional coverage.
- Liability — If someone like a friend or neighbor is injured on a property insured with home insurance, a home insurance policy may cover some or all of their medical expenses. An umbrella policy can provide additional liability coverage for you and your family, which is something a Members Insurance Center agent can talk about with you.
- Living expenses — If a home is damaged by a covered peril to the point where it cannot be lived in while being repaired or rebuilt, a home insurance policy can help with the cost of a hotel stay, meals and other expenses relating to staying elsewhere during the repairs.
Home Insurance Discounts
Many insurance companies offer discounts for homeowners based on certain attributes about their homes. Your Members Insurance Center agent can let you know what discounts you qualify for when evaluating your insurance needs. Some of the discounts that may be available to Florida homeowners are:
- Burglar and fire alarm
- Wind mitigation
- Roof shape
- Secured/Gated community
Members Insurance Center provides insurance policies for homeowners all over the state of Florida.