I agree with Tim. $12,000 a year for a total homeowner insurance sounds excessive but maybe not for properties worth millions. Everything is relative to the cost replacement based on the value of your house and it.s contents. Say you have a newly built house over 3,000 sq. ft. with a $75K kitchen, marble flooring throughout, masterbathroom Worth $50K and what not plus you have about $100K + in furniture and electronics and another $100K + in artwork, than you would want to take premiums that would cover for those expensive losses; thus higher premium
The best way to find out about insurance in SE FLorida would be to call reputable insurance agents who could give you an idea of costs based on a home or condo value that you are planning to purchase and what would be your contents.