Costly Homeowners Insurance Mistakes to Avoid

Homeowners insurance can come with mistakes if you are not careful. Neighbors Insurance Agency in Miami is the top Florida homeowners insurance company and we can help you get the insurance you need. As one of the top providers of homeowners insurance Florida has to offer, we understand how expenses can pile up when one is not prepared. However, that […]

Homeowners insurance can come with mistakes if you are not careful. Neighbors Insurance Agency in Miami is the top Florida homeowners insurance company and we can help you get the insurance you need. As one of the top providers of homeowners insurance Florida has to offer, we understand how expenses can pile up when one is not prepared. However, that is precisely why we are willing to provide our customers with this insider information so that they can understand the consequences that can follow when they do not stay alert for these mistakes. If you are interested in learning more about our services, contact us at Neighbors Insurance Agency today.

Mistakes to Avoid

The first mistake that people tend to make is that they do not get sufficient insurance to cover the cost of rebuilding the home if it were destroyed. This is typically because people only get enough to cover the amount of their mortgage, but their mortgage is not the entire cost of the house. Additionally, some homeowners may get a value equal to the current value of the home on the market, but this may not actually be enough to rebuild the home.

Flood insurance is rarely included in your primary policy. However, if you live near a body of water, you should seriously consider opting for it anyhow. Even if you are inland, in the state of Florida, many homes can suffer serious flood damage from ground water—even during hurricanes.

Another mistake is thinking that they one flat deductible. Many companies have a policy where the deductible in times of disaster is a percentage of the total coverage cost. This puts the insured at risk of having to pay tens of thousands of dollars before their deductible is met and their insurance company can cover the rest.

The last, and potentially the worst mistake, that people make is believing that their insurance company is covering them for mold or sewage backup. Mold removal can be expensive and homes that are older can suffer seriously if they are near humid areas.

One of the Best Florida Homeowners Insurance Companies

If you are looking for the best homeowners insurance Florida has to offer, look no further. We can provide you with quality service and coverage that you can trust. That is why we are so proud to serve all of Florida.

Contact Us

Neighbors Insurance Agency is an insurance agency that is based out of Miami but we serve all of Miami. We are the homeowners insurance Florida residents prefer and we are certain that we have the options that will suit your needs. While there are many ways that you can make mistakes when you are selecting coverage, we can steer you away from these mistakes and provide you with ways to keep yourself safe. If you are interested in learning more about our services as one of the top Florida homeowners insurance company, contact us at Neighbors Insurance Agency.