Florida Homeowner Insurance Facts

Because of the tough economy and many seasonal residents, Florida is full of unoccupied homes. It is important for homeowners to understand that if they do not live in their Florida home for part of the year or not at all, that such facts affect what kind of homeowner’s coverage they should purchase. 

Four main types of homes:

Primary homes: owners live in home nine to twelve months out of the year

Seasonal homes: owners live in home three to nine months out of the year

Vacant homes: owners never live in home

Non-Owner occupied homes: owners never live in home, but rents to others 

It is important to know the difference between these four home types, because it affects what type of homeowner’s insurance you will need to purchase. If you are a seasonal home owner and you do not specify this fact to your insurance agent when purchasing homeowner’s insurance, you may risk inadequate coverage, an unwanted cancellation, denial of an insurance claim, etc.  

If you own a vacant home, it is important that you have some sort of coverage on the home. Even if you don’t want to purchase insurance to cover the home itself, it is important to at least purchase personal liability coverage. If you do not have liability coverage on your vacant home and someone breaks in and gets hurt, you may be responsible and have to pay the claim personally. The liability coverage we offer starts at $500,000 liability.

 When it comes to non-owner occupied homes, the home must be occupied for this type of policy to be put into place. Insurance for this sort of home will provide both home and personal liability coverage. If you are interested in a quote for any of these home types, contact Westgate-Jones to receive a great Florida insurance policy!