Homeowners Insurance in Miami, FL
Property owners in Florida understand the importance of having homeowners insurance. This policy may provide financial support for your home and belongings following various hazards associated with living in the Sunshine State.
What Does Homeowners Insurance Cover? 
Standard homeowners insurance typically includes four essential types of coverage:
- Dwelling coverage may pay for your home’s repair or rebuilding costs if damaged by events such as fire, hail or lightning, as specified in the policy.
- Personal property coverage may cover items such as clothing, electronics, furniture and sports equipment if they’re stolen or damaged by a covered loss.
- Liability protection may pay for legal expenses and damages if you or your family members cause injury or property damage to others. This may also cover legal defense costs and court awards up to the policy limit.
- Additional living expenses coverage may cover temporary accommodation, meals and other related costs if your home becomes uninhabitable due to a covered event.
How Much Home Insurance Do I Need?
To determine how much home insurance you need, assess the value of your home and belongings’ value and consider possible risks. It’s best to have enough coverage to rebuild your home if it’s destroyed. This means considering current building costs, local regulations and any additional structures or renovations. If you have a mortgage, your lender might require dwelling coverage that matches the loan amount.
How Much Should I Expect to Pay for Coverage?
Homeowners insurance companies calculate rates differently, but they generally base your premium on the following factors:
- Your home’s age and location
- Construction materials used
- Your credit score
- Your coverage limits
- Your deductibles
Get a Quote
Homeowners in Miami, Florida and nearby communities can trust Carrera Insurance to provide optimal homeowners insurance plans. Contact us today to get a custom quote.