Daytona Beach Homeowners Insurance

What Your Daytona Beach Home Insurance Policy Needs

Vacation Beach Houses in Florida

A major part of Florida’s “Fun Coast,” Daytona Beach is a popular vacation destination. It attracts visitors from all over for such events as Spring Break, Bike Week, Biketoberfest, the NASCAR Coke Zero 400 and of course the Daytona 500. More than 61,000 people, comprising 33,000 households, call this vibrant Volusia County city home. If you are one of this areas many homeowners, you will want to be sure to protect your investment with a suitable Daytona Beach, FL home insurance policy.

Comparison shopping can help you be certain that you are getting your policy at a competitive price. Independent insurance agents in the Trusted Choice® network make shopping for coverage easy. These agents are able to obtain customized Daytona Beach homeowners insurance quotes from a variety of highly rated providers so that you can find an affordable policy that meets your coverage and budgetary needs. Find an agent near you to learn more.

  • National yearly premium average: $1,034
  • Florida yearly premium average: $1,103
  • 14th most expensive premium in the U.S.

On average, homeowners in Florida pay more for their home insurance coverage than others across the nation. While the figures listed above give you a general idea of what your costs might be, the only way to get your specific rate is to request quotes from insurance companies.

These companies will take a number of factors into consideration when they calculate your Daytona Beach home insurance rates. Costs can be influenced by several factors, including the following:

  • The ZIP code where the house is located
  • The value of the house you are insuring
  • The amount of property coverage you need
  • The amount of your deductible
  • The history of claims on your home, i.e., your claims history, and sometimes, even your credit score

To find the best price for your coverage, it is recommended that you compare at least three Daytona Beach homeowners insurance quotes.

Second Home and Vacation Home Insurance

If you have invested in a second home or a vacation home, your insurance needs are a bit different, particularly if you rent to tenants while you are not using the home. Be sure to discuss your coverage needs with your Trusted Choice agent, who can help you find suitable policies for these types of houses.

Number of Thefts in Florida

  • National number of burglaries: 37,814
  • Florida number of burglaries: 3,316

Burglary rates in the state of Florida are much lower than the national average, but that does not mean that Daytona Beach residents are without risk. In 2013, a total of 745 burglaries were reported in this city. That is about 11.94 burglaries for every 1,000 households, which is rather high.

You can reduce your risk of loss due to burglary by being proactive and installing a burglar alarm system and motion detection lighting, which can even earn you a discount on your Daytona Beach homeowners insurance. In the unfortunate event that your home is burglarized, you can turn to your Daytona Beach home insurance company for compensation. Your Trusted Choice agent can help you ensure that you have the right coverage in place for all of your valuables.

Number of Catastrophes in Florida

  • Number of catastrophes in Florida: 594
  • Number of tornadoes in Florida: 23
  • Amount of property damage in Florida: $210,240,000
  • 1 in 15 insured homes has a claim each year

While Daytona Beach has a surprisingly low risk of hurricane damage, residents have a risk of tornadoes that is 33% higher than the national average. The city experiences an average of two tornadoes a year. Some tornadoes that hit the area are extremely damaging. In 2007, an F3 tornado tore through the city ,causing 51 injuries, 13 deaths and extensive property damage. Your Trusted Choice agent can help you be certain that the policy you choose provides coverage if your home is damaged or destroyed by a twister.

Be aware, however, that home insurance policies specifically exclude coverage for damage caused by floods, a fact that many area residents discovered too late during the flooding that occurred in September 2014. To get coverage against this type of damage, get help from your Trusted Choice agent, who can help you supplement your Daytona Beach home insurance with a flood insurance policy through the National Flood Insurance Program (NFIP).

What Are the Risks in Daytona Beach, FL?

Daytona Beach is a hopping tourist destination, and with an influx of vacationers, particularly during spring break, the risk of property crimes increases. Homeowners in the area should be sure that they have sufficient property coverage, including any necessary endorsements for extremely valuable items, in place with their Daytona Beach homeowners insurance policies.

Additionally, Daytona Beach residents are at risk for damage caused by hail, tornadoes and heavy wind. Some home insurance policies may require you to specifically request coverage against major hazards like tornadoes, so be sure to review your policy selections carefully with your Trusted Choice agent. Also, be sure to talk to your agent about flood insurance.

Compare Daytona Beach Home Insurance Quotes

The only way you can be sure that you are getting your Daytona Beach home insurance coverage at a reasonable rate is by requesting and reviewing costs and offerings from a selection of reputable insurers. Unfortunately, comparison shopping can often prove to be time-consuming and frustrating. That is why savvy homeowners in Daytona Beach turn to agents in the Trusted Choice network for help.

Independent agents are free to work with a variety of highly rated insurance companies. They can quickly and easily provide you with a selection of Daytona Beach homeowners insurance quotes for policies that have been customized to meet your personal coverage needs. Find a Trusted Choice agent with an office in or near Daytona Beach to get started.

Now, who's ready to get their insurance problems solved?