The Importance of Florida Renters Insurance

Everyone knows the importance of Florida homeowners insurance; however, people often overlook the necessity of Florida renters insurance.  If tragedy occurs, it will not discriminate between rented structures and an owned house. Those who do not own their home (and thus do not have homeowners insurance) will lose just as much if the worst were to happen. Many renters incorrectly believe they will be covered in the face of disaster by their landlord’s insurance. However, the insurance a landowner carries on the property covers just that – his property. Damages to the building and surrounding area will be covered under their policy; renters are responsible for any damage that could befall their personal belongings in the home. This is especially true in the state of Florida, where the weather can pose a serious threat to your rented home. Fortunately, Florida renters insurance from a website will safeguard your valuables in case of the unexpected.

Here are some things you may not have known about Florida renters insurance from

Calculating your possession’s value

When your home is covered by renters insurance in Florida, your possessions will need to be appraised (even if only by you) and organized.  Make sure to tell your renters insurance agent about all of the valuable items you own and their dollar value.

An important thing to consider when choosing a Florida renters insurance company

is rather that company offers an “actual cash value” or a “replacement cost coverage” system for your possessions. As you could probably guess, this means your valuables will be covered if they are stolen or damaged in an accident. The theory behind an actual cash value system is that your renter’s insurance company will pay for what your items are worth at the time of their loss. This means an item you paid $100 for a year ago, may only be worth $40 now – in an actual cash value system you would receive $40. However, a replacement cost coverage takes into account that original price. To buy another of those items that cost $100 a year ago, will still probably cost you $100 today. In a replacement cost coverage system, you would receive $100 for that lost item.

Obviously, between the two a replacement cost coverage plan offers the most protection, however these will come with higher premiums. This is a choice about Florida renters insurance that will have to be made by the renter.

Keeping your premium low

Determining what your premiums will be is nearly impossible. There are far too many factors including your insurance policy itself, where you live, and your deductible. Some renters insurance companies in Florida will even raise premiums based on the type of pet the renter has. Large breeds tend to attract higher premiums.

However, you can help to shrink your renters insurance bill considerably by simply making a few changes. For one, volunteer for a higher deductible, paying more up front and then less monthly.

Furthermore, most agencies will offer a discount to renters who go out of their way to lower the risks in a home. This means making sure all of your smoke detectors are working appropriately, you have a sturdy burglar alarm and that you keep your fire extinguishers up to date and stocked.

Either way, the safest and most responsible step a renter can take is to purchase Florida renters insurance at This way, no matter what the worst case scenario is, you can know you and your possessions are covered.

Florida auto insurance rates

If you think Florida auto insurance rates are high, you’d be right.  The auto insurance rates in Florida are among the highest in the nation.  No insured drive can escape the continuous rise in costs.  Even if you only carry the very minimum coverage required by Florida state law, you’re going to be affected by these climbing rates.

Why Are Florida Auto Insurance Rates So High?

Insurance carriers throughout the state blame the rise in costs on PIP, or personal injury protection coverage.  The state requires that every policy include a minimum of $10,000 coverage for personal injuries caused by an accident, no matter whose fault it is.  According to, the PIP claims have ballooned over the years, causing the insurance rates to continually go up.

Professionals in the insurance industry are claiming that fraud has a lot to do with the increase in these PIP claims.  They say staged accidents are on the rise.  Alleged victims of these staged accidents claim injury, go to a medical provider and the provider collects the $10,000 insurance money.  The Tampa area seems to be one of the prime spots, showing a big increase in the number of PIP claims.

Other insurance companies question whether there’s actually an increase in fraud or whether the consumer is just becoming more aware of their options when it comes to filing claims.  It is quite common these days to see advertisements every where by personal injury attorneys encouraging people to seek damages if they’ve been injured in an automobile accident.

How To Find The Best Rates

Your auto insurance rates from are based on a lot of different factors.  For instance, your age and your driving history can have an affect on how much you will pay.  Other factors that influence your rates are where you live, city or rural, and the kind of car you own.  These factors can vary widely among the different insurers.  For example, the kind of car you want to insure won’t necessarily be assigned the same rate with every company.

As of September, 2014,  studies show that Florida auto insurance rates were the highest in Miami and the lowest were in Gainesville.  The average rate for auto insurance was about $996.  With so many companies offering auto insurance, you’ll want to take the time to shop around for quotes.

Arming yourself with comparison rates will help you get the best policy for your situation and your budget. You can easily get the information you need by searching for quotes online.  Most websites will let you search by entering your zip code to get an accurate idea of the rates in your specific area.

Keep in mind that Florida law requires everyone to carry minimum coverage according to  Should you let your coverage expire it can result in losing your driving privileges and it will cost you to get those privileges back.  So even if your think Florida auto insurance rates are expensive, the cost of not having insurance or letting your insurance lapse will only cost more in the end.

What does Florida Homeowners insurance not cover?

When a disaster hits your Florida home, your homeowners insurance should be there to help you. Luckily most of the time, it does its job and it does. However, we all know homeowners insurance does have its limits.  Many people do not know what is and isn’t covered by their policy. Due to this, they will mistakenly assume their insurance will cover their damage. Read below to find out how to find an affordable Florida homeowners insurance quote.

Did you know that, according to, 80 percent of people are not aware that flooding is not covered by their home insurance policy? Below are the top four hazards that are not covered in your Florida home insurance.


There are over 1,000 different types of mold in the United States. A breakout of mold in your home, is disgusting, yes, but it is also a health risk! You can experience symptoms similar to allergies or difficulty breathing. Despite this, a standard policy will limit coverage for mold damage or will exclude, no in-betweens.  You may find that some insurers will offer to expand your coverage for mold claims.

Sewer Backup

All of Americas sewer lines are aging so quickly. Some sewer lines are over 100 years old. More of these homes haven’t connected to out of date sewer lines, therefore experiencing a sewer back up to follow. Other sources of backups that can happen in your home are stormwater and raw sewage. They can become blocked in rainstorms and be blocked from tree roots that will make their way into sewer crack lines. When a home experiences a sewer back up, it will damage floors, walls, your precious furniture, and all electrical systems. A standard home insurance plan does not cover this.


Before collecting a Florida Homeowners insurance quote, be sure to know that sinkholes aren’t covered. Sinkholes are scary. Did you know in 2013 a man was swallowed by a sinkhole? Sinkholes can be described as  gaps in the earth that happen after groundwater dissolves rock. Most home insurance companies will not cover damage such as sinkholes and earthquakes.

Termite Infestation

Finally, your home insurance policy in Florida from will not cover a termite infestation. Hundreds of millions of termites can quietly ruin your home. Wood, paper, and dead plant materials that are in current contact with soil near your home will provide termites with a reliable food source.

Take your time collecting a Florida homeowners insurance quotes. Be sure you know what is and isn’t covered by your policy. When the time comes to make a claim, you will be sure you are covered. Get a quote now!