A Homeowner Policy That Suits Your Life
Your house is the place you call home. It is where the people you love, live. Our insurance specialists conduct an in-depth review of your homeowner policy requirements while considering antiquities and other items of significant value. Getting a true picture of what you need to insure will ensure the coverage fits with a premium that suits.
A homeowner policy typically provides coverage for personal liability, medical payments to others, and loss due to theft; as well as physical loss caused by events like hail, lightning, and fire. Your homeowner policy can also be written to protect collateral structures that are both attached and unattached including: garages, outdoor sheds, barns, patios, and porches.
One of our insurance agents will review the nuances of your property and its contents to give you the peace of mind only a solid policy can provide.
What a Homeowner Needs to Know About Inventory
Our agents advise every homeowner to be proactive. That means taking a good inventory of all items of value and chronicling them with photos so you have a pictorial account of your possessions. We will help guide you through this process.
As a homeowner, you may also be eligible for discounts if your home is outfitted with amenities like a centralized burglar alarm or an indoor sprinkler system. We will go through a checklist with you to discover all the ways you can save.
Property Value vs. Replacement Value
We are often asked the difference between property value versus the replacement value assigned in an insurance policy.
When you purchased your home, the market dictated its cost. You probably worked with a real estate agent who pulled a CMA (comparative market analysis) to show you statistics like how many similar homes in the area were for sale (available inventory), how many sold in a particular timeframe, and for what price.
The market also factors in the school district’s rating and crime data. With an experienced Realtor, the potential new homeowner is given the information they need to make an offer based on those facts as well as the property’s condition.
When you are seeking a homeowner policy that covers your home’s replacement in the wake of catastrophic loss, your policy reimburses you for the cost of rebuilding your home based on its square footage and structure. This cost does not consider: how much the land cost, how much you paid for the home, how much you still owe on your mortgage, or what other homes are going for in your neighborhood.
If and when you and your family are faced with such devastation, we are here to help. This is why a good conversation must take place at the time you take out the homeowner policy, so you are covered for any eventuality.
Florida Best Quote is dedicated to shopping and delivering the best coverage at the most affordable price possible — because there’s no place like home.
Contact us today at 727-584-9999 for a quote on a homeowner policy to protect what you love!