Have you just purchased your first home? This is probably a very exciting time for you, but it could also be a time that puts a bit of financial stress into your life that you were not expecting. There are many costs that go along with buying a home that people tend to forget. For instance, they may have to pay taxes on the land or they may have to pay a fee to have the ownership papers transferred over to them. In order to make all of this more affordable, some people will decide not to buy home insurance Florida has to offer. This is a large mistake, since the following situations will make you wish that you had coverage.
First, you will want to be protected if there is a violent tropical storm. These can rage up and down the coast during the hurricane season, causing damage that could cost millions of dollars. There is nothing that you can do to protect your home from a hurricane. The only option that you have is to buy a plan that will fix the damage after it has happened.
You also will want to be covered with home insurance Florida based agencies have to offer if you have a house fire. There are things that you can do to prevent this, such as unplugging the toaster at night and remembering to turn the oven off, but a fluke fire could still break out. Many times, this happens for unseen reasons. You may have poor wiring inside of your walls. If sparks are created, your home could burn to the ground. This is expensive if you do not have coverage.
Lastly, you need to be covered if you are not living in the home all year long. Criminals could come to the house while you are away, thinking that it gives them an easy target. They may steal everything from inside of the building. They may also cause a fair amount of damage while they are breaking in, smashing out windows and breaking down doors. Even a security system will not give you perfect protection.
In this last case, you really need to have home insurance Florida residents can purchase that covers both the home and the items that you have inside of the home. Ask your agent to make sure that this is the type of policy that you have purchased. Do not just assume that you have this kind of combination insurance. The things in your house could be even more valuable than the building itself, so you want to know that the company will give you the money that you need to replace them if you are robbed.