Home Insurance in Sanibel>Question Details

Bruce Arakel…, Home Buyer in Charlotte, NC

Whjat is the average condo insurance (contents only) cost per year in Ft. Lauderdale Florida 33308

Asked by Bruce Arakelian, Charlotte, NC Sun Jun 9, 2013

Help the community by answering this question:


Insurance underwriters as a rule-of-thumb, value the contents of a condo at 10% of the purchase price. In other words, if you buy a $500,000 condo, the content insurance will be based on content valued at $50,000. Unless you can prove to the insurance company that your content is worth less than that.
The actual premium will then vary on your location; i.e., flood zone, crime rate, which floor you're on etc...
Hope this helps!

Andre Arensman
Royal Shell Real Estate, Inc.
959 Periwinkle Way
Sanibel, FL 33957 USA
Mobile: 239-233-1414
Fax: 239-333-4155
Email: andre@sanibeldreamhomes.com
0 votes Thank Flag Link Tue Aug 6, 2013
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