Greenacres, FL is a small city of under 40,000 people located in Palm Beach County. It prides itself on being a safe, well-planned and beautiful city. The National Arbor Day Foundation has awarded it a “Tree City USA” designation for 21 consecutive years, and America’s Promise has listed it as one of the “100 Best Communities for Young People” on several different occasions. There are many reasons why so many people are proud to call this community-oriented city home. If you are among them and own your home, you will want to be sure to protect your investment with a suitable Greenacres home insurance policy.
When you are shopping for a great price for coverage for your home, you can count on a local independent insurance agent in our network for help. These agents are able to gather Greenacres homeowners insurance quotes from a variety of reputable insurance providers so that it is easy for you to compare rates and find the right policy to meet your coverage 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.
In general, homeowners in Florida pay higher-than-average rates for their home insurance coverage. Of course, costs vary significantly from one homeowner to the next, so the amounts listed above should be used only to get an idea of how much you might expect to pay. Insurance companies take several factors into consideration when they calculate your actual Greenacres home insurance costs. These can include such things as these:
- The age, value and estimated rebuilding cost of your home
- The ZIP code in which your house is located
- The home's use: primary residence or second home
- The amount of personal property coverage you wish to purchase
- The existence of a swimming pool on the property
- The existence of any designated “dangerous breed” dogs on the property
- The amount of your deductible
- Your eligibility for any policy discounts
Different insurance companies are apt to quote different costs for your home coverage, so it is a good idea to compare at least three Greenacres homeowners insurance quotes before making a selection.
Second Home and Vacation Home Insurance
If you own a second home or a vacation home, you need to be sure that your extra properties are covered by suitable policies as well; and these properties are likely to have different insurance considerations than your primary residence. For example, you may own a second home nearby that you use as an income vehicle by leasing it out. In that case, you need a landlord insurance policy in order to have the proper coverage. On the other hand, if you own a vacation home in another location, that home likely has different weather-related considerations that you need to insure against.
Also, if the property sits empty and unattended for several months out of the year, it may cost more to insure because an empty home can experience problems like infestations or water leaks that are easy to fix if caught early but can grow into big problems if left unnoticed and unmanaged for a long period of time. Your agent can help you find the right policies to cover your additional properties. The agent may even be able to save you money by bundling the coverage under the same insurer as your Greenacres home insurance policy.
Number of Thefts in Florida
- National number of burglaries: 37,814
- Florida number of burglaries: 3,316
The burglary rate in Florida is lower than the national average, but in Greenacres, the rate is regrettably high. In recent years, there were 316 burglaries reported in this city. That equates to about 8.16 burglaries for every 1,000 homes – significantly higher than the national rate of 6.11. You can reduce your risk of burglary by taking preventive measures, like ensuring that all doors and windows have secure and working locks and ensuring that your entryways are well lit and unobstructed.
If you install a burglar alarm system, which is a very effective theft deterrent, you may even qualify for a discount on your home insurance. In the event that your house is burglarized or damaged by vandals, you may take some comfort in knowing that your Greenacres homeowners insurance policy provides you with compensation for your loss. Just be sure to make an inventory of all lost or damaged items and have a copy of the police report when you call to file your claim.
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
Weather-related catastrophes can damage or destroy your home and the property kept inside it. So too can other catastrophes like a house fire or explosion. That is why it is important that you have sufficient property coverage for both the structure of your home and the contents kept within it. Your agent can help you assess how much coverage is enough to enable you to start over in the event of a total loss. In some cases, highly valuable property, like collections and jewelry, may require an additional endorsement in order to be fully covered.
What Are the Risks in Greenacres, FL?
By far, hurricanes present the greatest threat of property damage for residents of Greenacres. More than 80 hurricanes have been recorded in this city since 1930. One of the worst was Hurricane Wilma. This storm brought winds of 160 miles per hour to this city and caused a great deal of property damage to area homes and businesses. Hurricane season runs from June 1 through Nov. 30, and during this time, residents must be prepared and ready to evacuate if a storm is threatening to make landfall nearby.
Residents should also make certain that their home insurance policies provide coverage against hurricane damage. Some policies may require you to purchase a special endorsement or to buy supplemental hurricane insurance coverage, and if you fail to do this, you may have no recourse if your house is damaged. Fortunately, your agent, as a member of your community, will be aware of the risks you face as a homeowner here and can ensure that the coverage you have can properly protect you.
Compare Greenacres Home Insurance Quotes
The only way you can be certain that you are getting your Greenacres homeowners insurance policy at a reasonable price is by taking the time to compare costs and offerings from a few competing insurance companies. Unfortunately, many homeowners do not want to be bothered and, instead, avoid this important step. As a result, they may end up paying far more than is necessary for their home coverage.
That is why it is beneficial to work with an independent insurance agent in our network. Your local agent will take the time to understand your specific coverage needs and will then contact a few highly rated insurance companies to make rate inquiries on your behalf. That way, you can easily compare a selection of customized Greenacres home insurance quotes. With offices conveniently located in and near Greenacres, it is easy to find an agent who can assist you.