The Importance of Florida Renters Insurance

Everyone knows the importance of Florida homeowners insurance; however, people often overlook the necessity of Florida renters insurance.  If tragedy occurs, it will not discriminate between rented structures and an owned house. Those who do not own their home (and thus do not have homeowners insurance) will lose just as much if the worst were to happen. Many renters incorrectly believe they will be covered in the face of disaster by their landlord’s insurance. However, the insurance a landowner carries on the property covers just that – his property. Damages to the building and surrounding area will be covered under their policy; renters are responsible for any damage that could befall their personal belongings in the home. This is especially true in the state of Florida, where the weather can pose a serious threat to your rented home. Fortunately, Florida renters insurance from a website will safeguard your valuables in case of the unexpected.

Here are some things you may not have known about Florida renters insurance from

Calculating your possession’s value

When your home is covered by renters insurance in Florida, your possessions will need to be appraised (even if only by you) and organized.  Make sure to tell your renters insurance agent about all of the valuable items you own and their dollar value.

An important thing to consider when choosing a Florida renters insurance company

is rather that the company offers an “actual cash value” or a “replacement cost coverage” system for your possessions. As you could probably guess, this means your valuables will be covered if they are stolen or damaged in an accident. The theory behind an actual cash value system is that your renter’s insurance company will pay for what your items are worth at the time of their loss. This means an item you paid $100 for a year ago, may only be worth $40 now – in an actual cash value system you would receive $40. However, a replacement cost coverage takes into account that original price. To buy another of those items that cost $100 a year ago, will still probably cost you $100 today. In a replacement cost coverage system, you would receive $100 for that lost item.

Obviously, between the two a replacement cost coverage plan offers the most protection, however these will come with higher premiums. This is a choice about Florida renters insurance that will have to be made by the renter.

Keeping your premium low

Determining what your premiums will be is nearly impossible. There are far too many factors including your insurance policy itself, where you live, and your deductible. Some renters insurance companies in Florida will even raise premiums based on the type of pet the renter has. Large breeds tend to attract higher premiums.

However, you can help to shrink your renters insurance bill considerably by simply making a few changes. For one, volunteer for a higher deductible, paying more up front and then less monthly.

Furthermore, most agencies will offer a discount to renters who go out of their way to lower the risks in a home. This means making sure all of your smoke detectors are working appropriately, you have a sturdy burglar alarm and that you keep your fire extinguishers up to date and stocked.Either way, the safest and most responsible step a renter can take is to purchase Florida renters insurance at This way, no matter what the worst case scenario is, you can know you and your possessions are covered.

A Guide to Florida Auto Insurance.

I’m Drowning in a Sea of Choices

You would be hard pressed not to see at least three or four car insurance ads over the course of your day. Whether they are on TV, Online, in your Email Box, or on a billboard as you drive to work. Most of us drive, so there is an entire pool of prospects out there that insurance companies want to cash in on. They will stop at almost nothing to win over new customers. Some make us laugh, some make us imitate a deep voice, and some of them treat us like we are students learning in a university. Gimmicks are out there, but what do they really offer? Below are some examples of well-known companies in the car insurance industry according to


If you never saw the “Hump Day” commercial, you must have been living under a rock (yet another one of their ads). GEICO catches our attention with memorable ads every day. But what do they offer other than a few chuckles? Their website promises a free car insurance quote within 15 minutes. They will ask you a few basic questions and then provide you with a quote with your selected options. GEICO also offers discounts, like most other companies. They offer discounts based on vehicle equipment, driving history, driver education classes, driver affiliations, and customer loyalty. Definitely worth 15 minutes of your time to check out.


The Farmers policies have a lot to offer in their own right. Farmers offers local agents, 24/7 HelpPoint services, a variety of plans on a variety of needs, discounts, and even paperless policies. Farmers takes pride in their “green” efforts. They offer paperless documents, online bill pay, and paperless billing. Farmers offers discounts if you have a combination of policies (car & homeowner, etc.), they have a safe driver discount, a good student discount, and they offer discounts to groups and organizations. The Frequently Asked Questions area on their site is extensive and very informative. Even if you decide not to go with Farmers, you can really learn a lot on their site. They like most also offer a free quote online. 


Progressive rounds out the list with a few benefits of their own. When you log on to the site you are greeted by Flo, the commercial spokeswoman we have all become pretty familiar with on TV. Progressive takes their policy quotes one step further than most. They will actually show you the prices of comparable policies at different companies alongside their quote. This transparency is definitely a plus. Sometimes you will find that other policies are cheaper than progressive, you can then choose if they also offer the quality of service that Progressive does. They too offer an array of discounts to make your bill a little lower. They will even test your driving for a month to possibly be able to offer you an even lower price based on your average driving habits. 

Will my Florida Homeowners Insurance cover my Model Horses?

Sadly, many people don’t think about homeowners insurance until it is too late. We get into the ‘that will never happen to me’ mentality and put it on the backburner. Truth is, this is an investment that all homeowners should seriously consider. Florida boasts the most expensive homeowners rates in the entire country. Therefore, it is crucial to receive the best deal possible.

Are my Model Horses covered by my FL Home Insurance?

If your home was damaged due to one of Florida’s many extreme perils, you will need to understand what is covered and what isn’t. Model horses are such a fun hobby that people can take quite seriously. Are your models protected by your Florida homeowners insurance policy from

Your personal property coverage will cover your model horses easily! Just make sure that you have set a reasonable limit on your policy so that all of your models will be covered. Keep reading below to find out what to expect from your homeowners insurance in Florida.

What to Expect from Your Homeowners Insurance Policy

Your homeowner’s insurance policy will help you recover from the effects of unforeseen events, such as theft, fires, and windstorms.  In some cases, it will also protect you in the instance someone suffers injury or property damage on the premises. Unfortunately, most plans exclude floods due to rising waters, earthquake damage, effects of war or nuclear incident and swimming pool damages.

Most mortgage companies require some degree of coverage that will be outlined in your loan agreement. The type of policy you choose will be based on your budget, housing type, home features, claims history and the amount coverage you desire. The following is a list of perils that can be covered by Florida Homeowners Insurance:

  • Fire
  • Lightning strikes
  • Wind
  • Hail
  • Explosion
  • Vehicle damage
  • Aircraft damage
  • Smoke
  • Vandalism
  • Theft
  • Falling objects
  • Damage from ice, sleet or snow
  • Water damage from a faulty hot water heater
  • Flooding from cracked or busted pipes
  • Damage from frozen pipes and plumbing systems
  • Limited coverage for trees, limbs, and shrubbery

Benefits of a FL Homeowners Insurance Policy

There is a multitude of benefits of having a Florida home insurance policy. The more you understand about these benefits, the better off you will be in the long run. Some of the perks of coverage are:

  • Peace of mind. Knowing that with the right amount of coverage your investment will be protected in case of an unfortunate event
  • Affordability. When compared to other types of insurance policies, the payment price is substantially lower.
  • Depending on your policy, additional living expenses incurred due to an approved incident may be covered
  • Medical payments on injuries resulting from the incident
  • Limited coverage for other structures on your property
  • Limited coverage for mold damage
  • The option for added protection that will cover personal items, such as jewelry, heirlooms, and musical instruments

If you outright own your home, according to, you are not required to have insurance. Regardless, it is still a very valuable investment. Nobody wants to pay large sums of money out of pocket due to unforeseen circumstances.