Even if you don’t feel the need to buy renter’s insurance, if something happens to your home or property, the owner’s property insurance will not cover it. You must replace your belongings from your own pocket if they are lost, or pay damages and medical expenses if you are sued. Florida renters insurance is very affordable and offers protection and peace of mind. A standard Renters insurance Florida policy does not cover damage from earthquakes, floods and now with some policies: hurricanes. If you live in a flood or hurricane zone, you must obtain additional insurance to cover these events.
Where to get the best Florida renters insurance rate
The best way to get the best Florida renters insurance rate is to compare the rates of different companies. The easiest way to do this is to access an insurance comparison site where you can get quotes from several companies. All you have to do is complete a simple questionnaire and wait for your quotes.
What is not covered by renters insurance
A standard renters insurance policy covers fires, winds (if your policy covers hurricane damage) and theft damage; it does not cover flood damage. I would need to obtain a separate flood policy to cover this.
How do you get the best renters insurance rate?
The best way to get the best rate is to get a quote from several companies to compare coverage and prices. The easiest way is to find a site where you can submit a form and get rates from several companies or from an agent that represents several companies that can buy the rate for you.
Protecting your improvements
If you make improvements to the rental house, make sure that the Florida rental insurance policy also covers them. Even if you rent, you want your home to really look like a home. This generally means making additions and changes in ownership. You want to make sure your investment is protected against damage. Improvement protection can help you replace these additions and remodeling projects if something happens to you. If you rent in the state of Florida, you must protect your property and finances against losses due to theft, accident or disaster. While the law requires homeowners to have homeowners insurance in the state of Florida, tenants are not legally required to have coverage. It is speculated that 75% of Florida tenants do not have renters insurance.