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Home Insurance in Sarasota : Real Estate Advice

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Activity 4
Wed Jul 2, 2014
Randy and Vicki Biehl answered:
Hi there,

There is no way to answer your question with out a specific address. Every home is going to be different because the prices vary according to the elevation and age of the home. If you have an elevation certificate and address for a property, call an area insurance agent with the information and they can get you an approximated cost. ... more
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Sun Apr 21, 2013
Brian McGreevy answered:

I stick with my original statement of between $450 and $600 per year. One of the properties I own is a 1,256 sq. ft condominium with a one car garage. It is a rental income property that is block construction, sprinkled, is ground floor and has a tile roof covered by that association. It was built in 2002.

After receiving a bill last month from my insurance company which included a large increase bringing my yearly cost to $624/year, I shopped the coverage. I had 5 insurance quotes from various companies. All were between $475 and $550. After speaking with my agent she felt we were a little high on interior coverage so we decided to lower it to $45/square foot. Remember, condominium association covers all exterior construction, in wall electric and plumbing. The end result was a yearly cost of $450 without a wind mitigation inspection and with rental coverage in case the tenant has an accident and tries to make a claim against me or the property.

So, my suggestions are as follows. Talk to an insurance agent about the property. If it is not block construction, does not have sprinklers, is a high rise ( the building I speak about is 3 stories), is not is a gate development, you desire higher levels of coverage.... (you get the picture), then expect to pay more. Otherwise, budget for $600 and shop to get the best policy for your needs.

Five Year Winner - Five Star Award- Best in Client Satisfaction
Sarasota Home Realty
2100 Constitution Boulevard
Sarasota, FL 34231

Phone: (941) 544-6763 FAX: (941) 866-7588
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Wed Jun 10, 2009
Chris Lyon answered:

I'm an agent for Phil at We Insure and live in the Venice area and will happily get you a quote on the house. I just need to ask a few questions and should be able to get you a quote in about 10 moinutes.
My number is 941-412-1511

Christopher Lyon
We Insure
300 Triple Diamond Blvd
Venice, FL 34275
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Wed Mar 18, 2009
Bill Eckler answered:

The state of Florida has a very helpful website that we suggest you review.

Chris Lyon could jump in and offer very specific information......Chris? ... more
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