Homeowners Insurance 101

Homeowners Insurance 101

Homeowners insurance protects your property, possessions, and liability from covered events. Florida homeowners face unique risks like hurricanes and floods.

Types of Coverage

• Dwelling Coverage: Repairs or rebuilds your home after covered perils.
• Personal Property: Covers belongings like furniture and electronics.
• Liability Protection: Injuries or property damage you cause to others.
• Loss of Use: Temporary housing if your home is uninhabitable.

Exclusions

Standard policies don’t cover flooding, earthquakes, or normal wear. Consider separate flood insurance in Florida.

Cost Factors

• Location and flood zone
• Roof age/condition
• Wind mitigation features
• Deductible and limits