As Florida residents know living in Florida has some wonderful benefits including the beaches, weather, and people; they also know it comes with unique challenges when it comes to insuring one’s home. Luckily there are great additional coverages residents can purchase to give homeowners peace of mind.
Obviously, when people think home insurance in Florida they think of hurricanes. Coverage for hurricanes is a complicated matter and you should always speak with your insurance agent to make sure you are adequately covered. Most policies will offer some sort of hurricane coverages; however, the tricky part is flood insurance as a result of a hurricane. Your insurance agent will help you decide what type of flood insurance you need to compliment your hurricane limit. An agent a Blanchard Insurance would be happy to review the many different flood coverages available in your area.
In recent years, you have seen an increase in sinkhole incidents in the Longwood, FL area. Due to the fact that Florida has so many sinkhole incidents, insurance companies are required by law to cover catastrophic ground cover collapse. However, the criteria to make a claim requires the incident to meet 4 stringent requirements. Insurers offer less stringent sinkhole coverage to protect you in the case your claim does not meet the 4 criteria. Sinkhole coverage is another important coverage to consider as a Florida homeowner.
Many insurance policies also exclude mold coverage. Obviously, the humidity and rain in FL can cause moisture damage in your home and the cost to remediate the mold can become very expensive. You can purchase mold coverage as an “add on” coverage to your policy.
If you are interested in learning more about these insurance options, please feel to reach out to Blanchard Insurance. We proudly service the Longwood, FL area.