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 https://floridainsurancequotes.net/florida-homeowners-insurance/?

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 https://floridainsurancequotes.net/florida-homeowners-insurance/, 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.