There is probably not a more prestigious location in all of Florida than Doral. First made famous for the Doral Golf Resort, it’s grown into one of the premier locations for businesses that serve the thriving trade with Latin America. For all the incredible activity in the area it’s also called home by over 50,000 people. And to own a home or a condo in Doral means having homeowner’s insurance.
Whether your lifestyle is fast-paced entrepreneurship or the relaxed resort life, your Trusted Choice Independent Agent is your best choice to find the Doral homeowners insurance at the best cost. By getting to know your needs and obtaining multiple quotes from many carriers, they can get you the coverage you need at an affordable price so that you can enjoy the good life.
The cost of Doral home insurance is a bit higher than the national average, largely because of the potential for hurricane damage. Nationally homeowners spend $1,034 per year on homeowners insurance, but in Florida the average is $1,103 - ranking the state 14th overall in cost.
There are many other things that set the cost of your insurance beyond storms. If you live in a gated community, for example, the cost will be lower due to lower incidence of theft and vandalism. Multiple family dwellings, such as condo developments, have their own considerations as well. That’s why it’s important to obtain a quote that suits the details of your home before making your final decision.
Many people from both north and south maintain a second home in Doral. Generally, it’s best to cover any vacation home the same as you would your main residence. If you do opt for lower coverage, you are taking on the risk that your losses may not be covered.
The biggest concern for second homes is the potential for higher rates of theft, given that no one is there to check up on the home. You can minimize this risk with a security system or any building that has security built into it, lowering the cost of your Doral home insurance substantially.
It may surprise you to learn that theft is not as large of a concern in Florida as it is in other states. Where an average state has 37,814 reported burglaries in a year, the number reported in 2014 was only 3,316 in Florida.
Your homeowners insurance will automatically cover any damage to your house created by a burglar. It’s always a good idea to cover the contents of your home as well, however, and you can opt for a policy that includes the replacement cost of an item so that you can recover quickly from any loss due to theft. It’s critical to have homeowners insurance that fits your lifestyle.
The crossroads of the mainland and the Caribbean is home to many storms, which is the real reason homeowners insurance is a bit more expensive in Doral than in other places.
After any storm the cleanup is a long and tiring process. That’s why finding the best insurance in Doral is about so much more than cost. Some insurance agencies are better suited to help you get back up and enjoying the good life quicker once the storm has passed, which is why a Trusted Choice Independent Agent is so critical to finding the insurance that best fits your lifestyle.
More than storms and theft, your homeowners insurance covers you against a wide variety of risks and liabilities that you may not even be aware of. For example, the swimming pool that is so refreshing on a summer’s day is also an “attractive nuisance” which may cause someone to be injured. Even someone who you didn’t invite onto your property can sue you if they are injured in your pool or something else on your property, such as a trampoline.
It’s also important to make sure that you have separate protection against flooding if you live in one of the areas that can be subject to flash floods when the summer rains really come down.
Contact your Trusted Choice Independent Insurance Agent today to learn more about the homeowners insurance you need. They will help you do what you can to lower your cost and help you find the best insurance coverage by scouring many different companies for the best priced insurance for your home in Doral.