HOMEOWNERS INSURANCE
Property Insured by The Insurance Ladies
Homeowners Insurance provide financial protection against disasters. A standard policy insured the home itself and the things you keep in it. Homeowners Insurance in Florida is a package policy. It covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people.
Damage caused by most disasters is covered but there are exceptions. The most significant are damage caused by floods, earthquakes and poor maintenance.
Standard Homeowners Insurance policies will typically help pay to repair damage caused by certain risks, or perils including:
- Theft
- Fire and Smoke
- Windstorm
- Falling Objects
- Frozen Plumbing
- Water Damage from water Heater, heating or cooling system or appliances
Types of Property Insured by The Insurance Ladies
- Homeowners
- Condominiums
- Renters Policy
- Rental Properties
- Builders Risk
- Flood
Coverages of A standard Homeowner's Policy
Dwelling
Covers damage or destruction to your house in the case of any untimely events.
Personal Property
Covers the contents of your house that are damaged, stolen, or destroyed including furniture, clothing, technology and appliances.
Liability
Covers you against financial loss if you are sued and found legally responsible for someone else’s injury or property damage.
Medical Expenses
Covers necessary medical expenses incurred in the event there is an accident at your home that caused bodily injury to someone.
Loss of Use
Covers additional living expenses if your home is uninhabitable due to a covered loss. Most insurance policies pay 10% to 20% of the amount of your dwelling coverage.
Other Structures
Covers damages or destruction to other structures on your property, such as your garage, patio, fence, gazebo, small shed or barn.
Florida homeowners insurance premiums are the most expensive in the nation (and continuing to rise), finding ways to save money with compromising protecting can be a challenge. Below are the possible discounts you could take advantage of
Discounts that reduce the chances of a loss occurring and a claim being filed
- New roof or roof Style
- Having a new roof or a hip roof can help reduce your insurance premium
- Impact Windows
- Fire Safety Precautions
- Smoke detectors hooked into a monitoring system can also provide a potential discount
- Having a monitored fire alarm system and Burglar Alarm System
- Claims Free History
- Living in Gated Community