Is there
such a thing as a “Ballpark” Homeowners Insurance quote in
I wish I had a simple easy
answer for you but here in
you are looking for can start
around $800 a year and go up to as much as $3000 - $6500 dollars for the year
here in Southwest Florida. Other areas
of the state can be even more. That’s a pretty big ballpark.
Some of the variables that can
affect the rate are as follows:
What year was the home built?
Is it frame?
Concrete block?
How close is it to a fire
hydrant?
How close to a fire station?
If the home is over twelve years
old, has the roof been replaced?
What kind of roof is it? Tile,
shingle, metal
What shape is the roof? Hip or
Gable? Flat?
Is it your full time year round
home?
Is it seasonal? If
seasonal, how much of the year will you live in the home?
If seasonal, will you rent to others when you aren’t living in it?
How close is it to the
coastline?
Do you have any pets?
Is it an investment property
that will just sit vacant & unoccupied?
Is it an investment property
that will be rented to others?
If rented to others – what is
the length of the lease? Short term or annual?
Is there a pool?
Does the pool have a screen
enclosure?
Do you want the screen enclosure
insured for hurricane damage?
What deductibles do you want to
carry?
Do you want replacement cost
coverage on your contents?
Do you want replacement cost for
the screen enclosure?
Do you want to exclude
hurricane coverage entirely?
Does the home have Chinese
Drywall?
And that’s before we even get to
the flood insurance!
Flood has a reasonably large
ballpark as well. If the home is in a preferred risk area, it can be as little
as $150 a year.
If it’s an older home, it
depends on the elevation of the home. An older home built prior to the
determination of the
Base flood requirement could run
up to $1000 or more.
I wish I could give you a quick
easy answer, but there just isn’t one. And if someone sends back some
estimates without having any of
the information I mentioned, they are being disingenuous at best.
My best advice for you would be
to find a home you are genuinely interested in and request quotes
from there. You’ll get a much
more accurate answer.
Click here for a rate comparison
from the Florida Dept of Financial Services. Even that shows how big the
“ballpark” can be. http://www.shopandcomparerates.com/HOCompareSelect.htm
Please find attached an auto quote per your request. The estimate may not be 100% accurate
due to missing information. If you would like a more accurate quote, please give us a call so
we make the appropriate corrections and possibly arrive at a better rate.
Thanks so much for the opportunity to earn your business!
We received your request for a Homeowners Quote via the internet.
Please see attached a premium estimate based on the information provided via the website. The estimate also makes certain assumptions as to Windstorm Loss Mitigation discounts you may likely qualify for. To receive the discounts would require a Windstorm Loss Mitigation inspection and affidavit. If you have one already, please give us a call with the information on the report and we can make any needed adjustments and revise the estimate.
Thanks so much for the opportunity to earn your business!
See attached