Florida Insurance is killing me - Renters Insurance $1100?? (Tampa, Plant City: condo, home)

[kbrkr]

Ok, I got hammered on auto insurance, but now Renter's insurance?

I'm renting a 2900SqFt home with $140k contents coverage and my quote from Allstate? $1100.

What is everyone else paying? I'm in Plant City, nowhere near water or wind.

What is going on? Yikes!

Thanks
Al

[TampaKaren]

Sounds like a full H03 policy to me. I'd call back and make sure they know you need contents only.

[bentlebee]

I pay $ 122 for a property that I have rented out....it is 1600 sqft...so a lot smaller but compared to yours....I rather pay for the one I have, but the renters ins. is in my case the owners risk against liability not for the tenants furniture...that is for their account...

[Mike1306]

Originally Posted by TampaKaren

Sounds like a full H03 policy to me. I'd call back and make sure they know you need contents only.

That's what it sounds like to me.
I have a 2500 sq ft home, $300,000 coverage and $75,000 content with full sinkhole coverage 4 miles from the gulf and pay $1345

[lavender]

Many years ago, before I lived here, we owned a condo. The insurance agent working for us ( for himself) advised us we needed to pay for buildings as well as interior/wind/flood/etc etc. We did not realize (having a very different insurance set up in UK) that condo assocation dues covered this too.
We were naive about these things 20 years ago and didn't find out for two years that we did not need to pay building/flood it was very annoying. Being overseas it was a nightmare trying to get money back and we also found that back association dues were not paid by sellers of our condo and we had to pay those too, our agent didn't do a good job protecting our interests. That is why I decided to go into R/e when we moved here, so that no one I worked with would have this problem and I particularly work with out of country buyers for this reason. There are still too many people not necessarily scamming strangers, but not understanding that foreign buyers dont understand the process and set up here so well. Though there are many residents who dont and do not get the right advice - possibly like our poster above. It is a sad indictment of our society that people have to refer to a forum to get good advice from consumers rather than the 'experts'

[bentlebee]

Originally Posted by Mike Peterson

That's what it sounds like to me.
I have a 2500 sq ft home, $300,000 coverage and $75,000 content with full sinkhole coverage 4 miles from the gulf and pay $1345

Which company? I'm still shopping around....

[Mike1306]

Originally Posted by bentlebee

Which company? I'm still shopping around....

It's Citizens. For some reason people seem to have a problem with using them.
I go through Zimbouski Insurance.

[SLCPUNK]

Originally Posted by Mike Peterson

That's what it sounds like to me.
I have a 2500 sq ft home, $300,000 coverage and $75,000 content with full sinkhole coverage 4 miles from the gulf and pay $1345

That's pretty damn good. Mine is 1700/yr with USAA for 2000 sq ft in a non flood zone.

[Mike1306]

Originally Posted by SLCPUNK

That's pretty damn good. Mine is 1700/yr with USAA for 2000 sq ft in a non flood zone.

Let me reply before my ban. ( Different issue)

Age of the home matters also. Mine is a 2005 built so even a home built 2 years earlier will have a decent difference, 2004 was a key year for insurance.-

[SLCPUNK]

Originally Posted by Mike Peterson

Let me reply before my ban. ( Different issue)

Age of the home matters also. Mine is a 2005 built so even a home built 2 years earlier will have a decent difference, 2004 was a key year for insurance.-

I actually just thought that after I posted. Mine was built in 81, block home.