Homeowners Insurance In Florida

Homeowners Insurance In Florida

Florida which is also known as the Sunshine State is located in the South East America and is the fourth most populated state in the United States. It generally has a warm climate which is humid subtropical. Hurricanes are a severe threat here especially between June and November.

As the homes in Florida are constantly exposed to the danger of hurricanes, Florida homeowners insurance is a very specialized insurance market. Since hurricanes cannot be prevented, most well known insurance companies do not deal with home owner’s insurance Florida. Along with hurricane threat, strict insurance regulations from the state make this a very tough market. Therefore, most companies either are not competitive or do not write property in Florida. If the people are not careful about the kind of Florida homeowners insurance quotes they get, they might end up losing their money and protection.
 
There are three types of sources when we talk about Florida homeowners insurance. Captive agents are the ones who represent only one insurance company and sell only their policies. Tele calling executives are the ones who can only sell over the phone and that too only for one company. Independent insurance agents are the one who represent multiple issuance companies; they help find a policy that best suits one’s needs in terms of premium and service.

Florida homeowner’s insurance business has not been in a very good shape for a quite a few years now.