Tampa Palms, Florida Homeowners Insurance

Moran Financial Solutions is an Independent Insurance Agent that specializes in assisting Tampa Palms residents find reliable and affordable homeowners insurance in Florida. Whether you're most worried about property damage or theft, locating the right home insurance keeps your Tampa Palms home in top condition.

What is a Tampa Palms, FL Home Insurance Policy?

You may know that home insurance policies are classified as multi-peril. This means that a policy combines both your property and casualty coverage into one packaged system making it convenient and less expensive to insure your home in Tampa Palms.

Your Florida home insurance policy is designed to protect you from significant risks like theft, fire, and wind/hail damage. Also, your new system can even cover your belongings and liabilities that may occur due to accidents or injury.

How Much Is Home Insurance in Tampa Palms?

Florida’s Homeowners insurance premiums are among some of the most expensive in the United States, primarily due to the significant risk for weather-related property destruction. Moran home insurance rates vary significantly from one house to the next. Factors like the size of your home, age, and location all play a significant role in deciding how much you have to settle on for comprehensive home insurance.

• National annually premium average: $1,034
• Florida annually premium average: $1,103
• 14th most pricey premium in the country.

What Does My Homeowner’s Insurance Cover?

Dwelling

Dwelling coverage takes care of the house and attached structures for accidental direct physical loss except those losses prohibited by the policy. This includes built-in or connected items such as integrated appliances or wall-to-wall carpet.

Other Structures

Covers other buildings or structures on the property that are separated by bright space from the house. Examples are a detached garage or gazebo. Covers for accidental direct physical loss to the structure except as excluded or limited by the policy.

Contents

Covers your personal property, such as furniture and clothing, and items that are not attached to or built into the home. Includes these individual items for loss due to specific causes such as fire, smoke, wind, theft, and other reasons, as described in the policy.

Personal Liability

Personal Liability Insurance Covers damage to others for which you are held liable except as limited or excluded by the policy.

Medical Payments to Others

Pays for medical or funeral expenses of others injured on your property or caused by your activities on or off your property.

Loss of Use

Pays for the reasonable living expense if you are not able to reside in the home due to a covered loss.

How Many Homeowners’ Insurances Do I Need?

When choosing the amount to insure your home, a common mistake is to use the purchase price rather than the amount it would cost to rebuild the structure in the event of a total loss. The purchase price of a home includes the land the house is built on and market inflation or deflation.

About Our Insurance Cover Services in Florida

The providers we partner with for Tampa Palms, FL homeowners insurance have a top-rated “A+” A.M. Best rating and have been in business for several decades. You can rest assured that our experience, integrity, and service can provide the best Tampa Palms insurance consulting services for your needs. No matter what area of Florida you may live in, we can provide up to 30 different home insurance quotes with high rates all from one place. Our Florida homeowner’s insurance quotes include enhanced coverage options, and we can help you apply every available discount.

Resources and References:

• Insurance Rates Statistics