In Florida | Buying Homeowners Insurance

: Usually a percentage (like 2%) of the home’s total insured value. For a $300,000 home, she’d have to pay the first $6,000 of storm damage out-of-pocket.

Elena was confused to see two different deductibles on her policy: buying homeowners insurance in florida

Finally, Elena’s broker gave her a critical warning: her standard homeowners policy . Even though her home wasn't in a high-risk flood zone, she learned that standard policies exclude damage from rising water or storm surges. She decided to add a standalone flood insurance policy to avoid being part of the 85% of Floridians who are left unprotected when heavy rains hit. Lessons from Elena's Story : Usually a percentage (like 2%) of the

: A flat fee (often $500 or $1,000) for standard incidents like a burst pipe. 4. The Hidden Gap: Flood Insurance Even though her home wasn't in a high-risk