U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 04-30-2008, 07:58 AM
 
1,643 posts, read 2,475,630 times
Reputation: 736
Default Cost of Insurance In Florida?

Is the Homeowners Insurance still outrageous? Say I want to buy a $250,000 home. Can you give me an idea of what it will cost to get into the home and what the Insurnace rates will be? Isn't there inpact fees? etc?

Thanks!
Reply With Quote Quick reply to this message

 
Old 04-30-2008, 08:09 AM
 
2,674 posts, read 2,543,314 times
Reputation: 3317
It depends on so many different factors such as the age of your house, cement block or wood, hurricane shutters, proximity to the beach, etc., etc., etc. We live in a zip code where all of a sudden we're being solicited by insurers who want to cover our house. Last year we were getting canceled.
Reply With Quote Quick reply to this message
 
Old 04-30-2008, 08:18 AM
 
40 posts, read 196,045 times
Reputation: 29
Like verobeach said, there are so many factors to take into consideration that it would be difficult to give a good estimate. Proximity to the coast, whether or not you're in a flood zone, house construction, etc. all make a difference. In addition, you can get discounts for having a hurricane mitigation inspection.
Reply With Quote Quick reply to this message
 
Old 04-30-2008, 04:15 PM
 
1,643 posts, read 2,475,630 times
Reputation: 736
well what if we live in Cape Coral?
Reply With Quote Quick reply to this message
 
Old 04-30-2008, 05:34 PM
 
Location: Palm Island and North Port
6,743 posts, read 12,421,678 times
Reputation: 2037
Here's a good website for home insurance. Like everyone else said, there are a lot factors that go into determining the rate i.e. age of the roof, age of the home, proximity to nearest fire hydrant, etc.
Reply With Quote Quick reply to this message
 
Old 04-30-2008, 06:05 PM
 
Location: Boca Raton, FL
4,010 posts, read 4,941,407 times
Reputation: 3524
Smile Homeowners Insurance

You only need dwelling coverage - replacement cost - new. You will not need to cover the land.

If the home is $250,000, then your dwelling coverage would be around $160,000 give or take.

And yes, if you have hurricane shutters, HIP roof, age of roof and alarm system - those will lower the quote. Also, the age of the home comes into play as well.

I have dwelling coverage of $378,000 and I pay $2960 per year FYI.

I just checked the website above but my insurance company (State Farm) shows I should be paying $7092 per year. My rate was close to that for 2 years, however, with my new roof (2003), HIP roof, alarm system monitoring and hurricane shutters, it was brought down to the $2960 per year which is close to the amount I used to pay.
Reply With Quote Quick reply to this message
 
Old 04-30-2008, 06:11 PM
 
1,643 posts, read 2,475,630 times
Reputation: 736
Thanks! That's not too horrible. Now could anyone tell me what the "assesments" on homes means? I keep seeing ads saying " assements already paid" what does that mean?

Thanks!
Reply With Quote Quick reply to this message
 
Old 05-14-2009, 09:22 PM
 
8 posts, read 80,855 times
Reputation: 13
boy oh boy was that website by SoFLgal home insurance helpful. We just bought a home in Cape Coral and got some so called quotes from insurance agents that were astronomical compared to the website. I am looking forward to the a.m. to make some calls to get affordable insurance.
Reply With Quote Quick reply to this message
 
Old 05-14-2009, 09:23 PM
 
8 posts, read 80,855 times
Reputation: 13
Now we just have to find a trustworthy lawn and pool guy.
Reply With Quote Quick reply to this message
 
Old 05-15-2009, 05:57 AM
 
Location: Punta Gorda and Maryland
5,675 posts, read 8,025,356 times
Reputation: 957
Quote:
Originally Posted by SoFLGal View Post
Here's a good website for home insurance. Like everyone else said, there are a lot factors that go into determining the rate i.e. age of the roof, age of the home, proximity to nearest fire hydrant, etc.

Excellent Website! You out to put that over on the Sarasota board.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $84,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Florida

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top