Find the Best Homeowners Insurance in Tallahassee, FL

How to choose homeowners insurance in Tallahassee

About 56 percent of households in Tallahassee are homeowners, according to census data and the U.S. Department of Housing and Urban Development.

If you are among the tens of thousands of homeowners in Florida’s capital, you need homeowners insurance to protect from financial loss in case your physical home is damaged or destroyed, your personal property is damaged or stolen or you are legally responsible for an accident.

Homeowners insurance in Tallahassee usually comes standard with these coverages:

• Dwelling, which covers your home
• Other structures, which covers detached garages, sheds and fences
• Personal property, which covers your personal contents, like clothes, furniture and electronics
• Personal liability, which covers a claim or lawsuit resulting from damage to someone else’s property or a bodily injury
• Additional living expenses, which covers expenses above and beyond what you’re used to paying if a covered event forces you out of your home
• Medical payments, which covers medical bills of someone accidentally injured on your property

When you buy homeowners insurance in Tallahassee, be aware that each coverage has limits the insurance company will pay out. It’s important to insure your home for the cost to rebuild it with the current prices of materials and labor. You should also do an inventory of your belongings and assets to determine if personal property and liability coverages are enough.

The most popular and comprehensive type of policy covers losses from any cause that is not specifically mentioned as an exclusion. But another type specifically lists covered events. Homeowners insurance in Tallahassee often protects you from financial loss resulting from:

• Fire or smoke
• Lightning
• Windstorm or hail
• Theft or vandalism
• Weight of ice, snow or sleet
• Explosions or riots
• Aircraft or vehicle crashes
• Catastrophic ground cover collapse

Cost of homeowners insurance in Tallahassee

On average, Florida homeowners pay the highest homeowners insurance premiums in the country. The exact cost of a policy depends on various factors, like the age and construction materials of your home, the amount of coverage you buy, your credit and loss history, if you have pets and the neighborhood where you live.

Average yearly home insurance rates in Tallahassee

Don’t purchase homeowners insurance in Tallahassee without knowing your deductible and if you have replacement cost or actual cash value coverage. Replacement cost is the amount you need to repair or replace your property at today’s prices. Actual cash value coverage will take depreciation into account.

Compare quotes from several different companies. Ask an agent what discounts are available. You can save money with most insurers by bundling policies or having home safety systems, like smoke detectors.

Make sure you ask about flood and sinkhole protection. If you have high-value personal items, you should inquire about additional coverage as well.