Insurance rates vary by age of home, size of home, conditions of home, and location of home. Insurance is more expensive if you live near any type of water - pond, lake, river, Gulf. Insurance is more expensive if the home was not built to current hurricane standards. You can get discounts the home qualifies for by having a wind mitigation inspection done at the same time as your home inspection. Discounts are available for building features that reduce damage during high wind events. Overall discounts include things such as age of home, style or roof, how close the homes is to a body of water, how close to a fire hydrant, how the roof is tied down, if the home has hurricane shutters or impact resistant windows, frame or block home, etc. If the home is in a flood zone, the insurance company will require a flood elevation certificate. That can be obtained by paying a survey company to prepare it. To check Flood Zones go to http://www.floodsmart.gov
and type in the address of the property. It will give you the flood zone, rates, and insurance companies to contact for quotes.
Tammy Hayes, Realtor
RE/MAX Palm Realty