Deerfield Beach, Florida Homeowners Insurance

Located in North Broward County and with a population of 75,000 residents, Deerfield Beach includes pristine beaches, lovely fishing piers, serene parks, and cultural festivals. Living in such an upscale neighborhood, homeowners are often swayed into exploitative property insurance policies. Luckily, you can trust Moran Insurance Agents to secure you a comprehensive and affordable homeowners insurance policy in Deerfield Beach, Florida.

The Need for Homeowners Insurance in Deerfield Beach, Florida

Anyone who owns a permanent home, a second or vacation home in Deerfield Beach has to consider their property’s exact coverage needs.

For example, a second residence wouldtypically have fewer personal belongings than the primary home and many people rent out such houses when not in use. Consequently, vacation homes have different insuranceneeds. Homes that remain unoccupied for lengthy durations often require specialized insurance coverage that provides financial protection from unprecedented outcomes.Independent Home Insurance Agents In Deerfield Beach like Moran Insurance help property owners pick a home policy that fits their particular requirements.

Burglary statistics convey the importance of home insurance for owners of primary and second or vacation homes in Deerfield Beach. Notable statistics include:

• The average number of burglaries in residential suburbs in the US currently stands at37,814 every year
• Florida’s share in the nation’s burglary incidents is 3,316 incidences every year

While the risk of burglary is considerably lower in Florida, it does not mean that property owners in Deerfield should ignore this potential loss or damage to a vacation home or items that such residences might contain. Cases of burglary in this residential suburb are currently at 624 incidents a year, which translates to 8 burglaries for every 1000 homes in the locale. Hence, property owners should ensure their second homes are adequately lit at night, doors and windows are tightly closed, and mail services cease while the house is unoccupied.

If vacation premises get robbed, homeowners with insurance on such properties can replace lost items provided that such items are covered. However, Deerfield Beach property owners often need to include special provisions in their home insurance policy to ensure comprehensive coverage for all items on the property. Attaining customized Homeowners insurance in Deerfield Beach, Florida can be problematic unless you seek the services of competent and independent agent like Moran Insurance.

This situation is more enigmatic when you consider the number of major catastrophes that have affected the southern state of Florida. Some alarming facts include:

• Florida has faced 594 major natural disasters in the past decade
• Of the total number of catastrophes in this southern US state, 23 are major tropical hurricanes
• The cumulative property damages caused by sudden disasters totals to well over $ 210 million
• 1 of 15 insured homes in Florida claim replacement or repair of damaged property every year

While the large proportion of property damage occurs due to weather-related calamities, substantial damage does occur due to kitchen fires and other similar human-related disasters. Since insurance providers in Florida offer basic homeowner insurance coverage against tornadoes, hurricanes, and hail, it means that residents often seek specific policies for additional coverage. However, such extra coverage requires an established and reputable insurance provider for guaranteed protection from human-related risks

Other Risks to Residential and Commercial Properties in Deerfield Beach

Tornadoes are the most significant risk to personal property that owners face in Deerfield Beach. This outcome is attested by the over 220 tornadoes that have bombarded this residential suburb since the 1950s. A good example is the category three hurricane that made landfall 4.5 miles from Deerfield Beach in 1980. This tropical hurricane caused six fatalities and over $500 thousand worth of property damage. In addition to tropical storms, this locale is also subject to sudden gales from the ocean and rare hail-storms.

Moreover, Deerfield Beach is located in a low-lying area, meaning that residential and commercial properties in this locale often experience unexpected flooding. Such a scenario is a major cause of alarm for homeowners because basic home insurance does not cover flood damage to properties and any personal items they might contain. Fortunately, Deerfield property owners can rely on Moran Financial Solutions to get a comprehensive home insurance cover.

Comparing Home Insurance Rates in Deerfield Beach, Florida

Comparing the different home insurance rates that various insurance providers offer increases your ability to land the ideal homeowner insurance policy for your needs. However, most people don't have the time to carry out a thorough comparison of different home insurance policies. Hence, many Deerfield homeowners end up accepting the terms offered by the first home insurance policy they encounter. In this manner, homeowners end up paying for way more than they need for home insurance.

Our agents have extensive networks of contacts with major insurance providers in Florida and will thus,help you get the best home insurance quotes in Deerfield Beach, Florida. Besides this, we’ll enable you to get customized policies for the properties you own.

How Much is Homeowners Insurance in Deerfield Beach?

Yearly home insurance policy premiums in the US average at $1,304. Florida has one of the highest rates at $ 1,103 per year. It is worth noting that the premiums homeowners pay vary even within the same locale. Some of the factors that influence home insurance rates include:

• The total value of your home and the potential rebuilding costs
• The specific location of your residential or commercial property
• The number of past insurance claims on the property
• The use of the house, i.e., as a primary, secondary or vacation residence
• The total value of items contained within the home

For the most Affordable Homeowners Insurance in Deerfield Beach Florida, work with home policy specialists at Moran Financial solutions. Call us today for a customized quote!

References and Resources

• Deerfield Beach Burglaries
• Deerfield Beach