Nearly 113 million tourists graced the streets of one Florida town or another in 2016, but for permanent residents, the influx of tourism during certain seasons is the only reason they ever think about moving to a different state. The beautiful architecture and stunning scenery are awe-inspiring, and if it’s done right, the cost of comprehensive home owners insurance is surprisingly affordable. Today more than ever, becoming an eternal Floridian is a budget-friendly possibility.
Why Shopping for the Cheapest Home Insurance in Florida Is Important
Owning (or renting) a home without keeping it adequately covered by an insurance policy is a big mistake, especially in a state where there are around 10-15 natural disasters a year. Legislators even created an official website designed to help their fellow Sunshine State residents get through severe weather, but nothing protects like good coverage.
Even when there’s not a cloud in the sky, disaster can strike. Residents must balance checkbooks and budget funds just like everyone else, despite living in vacation central. As such, finding the cheapest home insurance in Florida is often essential. Why pay more than you have to when you can use the following tips and tricks to save money?
3 Ways to Find the Cheapest Home Insurance in Florida
- Get Some Quotes
Try not to settle on the first premium estimate you come across. Many providers out there are highly competitive, so make them work for your loyalty. Get at least 3-5 quotes before deciding on the right coverage, and make sure the policy offered is relevant to your geographical area. Check with local insurers before moving to larger corporations.
- Be on the Lookout for Discounts
Many insurance companies offer special discounts for things you may not even think of. For example, did you know that you can get money off of your home premium by installing an alarm system? Or, do you realize that the cost of your policy goes down when you have properly functioning sprinklers and smoke detectors? You can get discounts for bundling policies and being a veteran too. Most of the time, all you have to do is ask.
- Pay Your Bills on Time
Several major companies offer rate reductions for policy holders who regularly pay their premiums on time. Furthermore, some even offer incentives for switching providers. Greater discounts are given to those who have had an existing policy for at least 6 months to a year.