how much is home owner's insurance $140,000.00 frame home on michigan ave., panama city, fl

Asked by Dereck Osborne, Nashville, TN Fri Jul 25, 2008

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Henry Britta…, , Panama City, FL
Sun Aug 31, 2008
It looks like I'm the only insurance person to respond. Typically we always try to insure homes to at least 100 sq ft per heating and cooling space. Other factors that can drive you cost are the age of the home and any wind midigations features or updates. If it is a home built after 2001 it has all the midigation features since it is required by code.Also to take into consideration is the distance to the coast. If the home is an older home with no updates and is close to the water you could be looking at $1800 - 2500 per year. With wind midigation features (hurricane clips, new roof since 2001,roof deck attactment,secondary water resistance) maybe $1200-$1500. A lot of varibles come into to play in addtion to these. Does it have a pool, how close to a fire hydrant is it. What kind of frame housing is it. You can call me at 850-763-5345 Monday-Friday 9-5
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Rory Riley, , Panama City, FL
Sun Aug 10, 2008

although not an exact science; a good estimate when trying to figure your future budget is multiply approx .3/4 of a percent X the purchase price $140,000.00 or in your case approx: $1050. For an exact dollar figure you should consult an Insurance agency. If this is a second home you should consult your current insurance company first; ask them about multiple insurance discount coverage.


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Kirsten McAn…, Agent, Panama City Beach, FL
Mon Jul 28, 2008
Good Morning Nashville ~ The company currently offering the best coverage and rates is Coastal Community Insurance 850-230-0800 - ask for Sherry. Insurance rates vary based on home location and your credit score.

Since we have a ton of Nashville guests in Panama City, I'm sure you know all the exciting stuff going on. But, below is a recap for you!

Panama City Beach in Northwest Florida is a very popular vacation and second home spot. We offer beautiful white sand beaches directly on the Gulf of Mexico. With our new international airport scheduled to open in 2010, travel to the area will become direct and affordable, opening us up to the world!

We are currently experiencing a very strong buyers market so your money goes a long way towards wealth building investments. This market, combined with the tremendous benefits of the new int’l airport, brings predictions of good value and profitable appreciation on purchases made in the current market.

PCB offers Gulf-front condos and townhomes, beach cottages, detached single-family homes, golf communities, retirement neighborhoods and wooded inland environments. There are also exciting new developments that will change the landscape of this region forever - there will be something for everyone from the new Oceanside Pier Park entertainment center to Wild Kingdom Animal Park to fishing at the new Pier and boardwalk! And, much more is on the horizon – we are hoping to be a stop for the Disney cruise ships. We have a lot to offer everyone!

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Please let me know how Keller Williams Success Realty and I can be of further assistance.

Kirsten McAndrew, Realtor
Keller Williams Success Realty
Panama City Beach, Florida 32413
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Vivian & Mike…, Agent, Panama City Beach, FL
Sat Jul 26, 2008
Hi Dereck,
The only way to get a reliable number for this is to call a local insurance company and have them give you an estimate.

You can help them by giving them the property address and if you have it the property ID number from the Bay County Property Appraisers Office or web site. You can get the flood zone information from there as well.

Major factors affecting the premium here in Bay County are age of home as it relates to compliance or non compliance to current hurricane specs and whether or not it is in a flood zone. Homes built prior to 2003 can cost more per sq. ft to insure because 2003 is when the hurricane specs kicked in. However, some forward looking builders were building to hurricane specs as early as 2000.

If you need local insurance companies to call just let me know or you can get some from the web links page of our web site.

Kind regards, Mike Foate- By Land or By Sea!

Mike and Vivian Foate-REALTORS®
Prudential Shimmering Sands Realty, Inc.
400 S. Hwy 79
Panama City Beach, FL 32413
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Myke Atwater, Agent, Santa Rosa Beach, FL
Sat Jul 26, 2008
This is a question for an insurance agent. The best thing for you to do is contact an independent insurance agent in Panama City. If you give them the address for the property, they can do a quick quote for you based on things such as type of construction, age of home, type of roof (important in FL for wind distribution), and square footage. They can email you or fax you a quote within minutes for any property that you might be considering for purchase. You can even find your independent insurance agent on the yellow pages on the internet, making it very easy. If you would like to consider property just a little further west, I would be happy to help, or I can refer you to an agent if that would be helpful!! Let me know if I can be of further assistance.
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Dallas Texas, Agent, Dallas, TN
Fri Jul 25, 2008
Home owners insurance will vary based on the person and lifestyle? You need to include content, personal belongings, deductible if you receive a discount with cars/ home
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