You are currently viewing Reasons for getting Renter Insurance in Florida

Reasons for getting Renter Insurance in Florida

Do you need information about renters insurance in Florida? Well, here you will find the information about Florida Renters Insurance you require!

Florida is a beautiful state, a true tropical paradise with many opportunities and advantages for those who wish to settle permanently or temporarily. Certainly, there are several emerging cities like Orlando, which in addition to its beautiful weather, parks, and beaches, also offer great business opportunities.

If you are in Florida renting a space for permanent housing, to live while you study, to set up a company or business, or to spend a tourist season, it is advisable to protect your belongings with renters insurance.

In essence, despite its wonderful climate and its great benefits, as a Florida resident, you should be interested in covering your possessions against certain events (hurricanes, theft, etc.), which unfortunately could occur.

Next, the top reasons why Florida renters need renters insurance.

Why do Florida renters need renter’s insurance?

There are several reasons why Florida renters need renters insurance. Next, we detail the most relevant ones.

Damages and losses due to extreme weather events

Most of the year, Florida has spectacular weather. However, some natural disasters such as tornadoes, hurricanes, and tropical storms do occur. Although they are events that you cannot avoid, you can cover your personal belongings with a renters insurance policy that minimizes the impact on your wallet when it comes to fixing or replacing damaged items. Depending on the insurer, you may need to get additional coverage for hurricane damage, as not all of them include it in their standard deductible.

Landlord Requirement

As a protection measure, there are owners of houses, apartments, or commercial premises in Florida that require the renter to get renters insurance. Although the landlord has the property insured, it will only cover the structure and grounds, not the tenant’s belongings.

Are you going to travel? You are covered!

If you’re a frequent traveler or going on vacation to your parents’ house, you can travel with peace of mind knowing your personal belongings are covered. Whether you left them at home or took them with you in the car, your possessions will be covered.

Burglaries and thefts

In our beautiful state, unfortunately, unpleasant events such as burglaries and thefts also occur. We don’t expect these events to happen, but if they do, having renters insurance that covers your personal property will give you great peace of mind.

Liability Coverage

Liability coverage, included in renters insurance, will protect you in case someone is injured while visiting you. In this way, you’ll be able to face legal expenses, taking into account the limits of the policy purchased. However, the policy will not cover losses caused by intentional acts or negligence.

Additional coverage options

There are some perils not covered by standard renter’s policies, like flood damage. Consult your insurance advisor about additional coverages. Additionally, ask about the scope of coverage for “additional living expenses” such as those that would arise from being forced to live elsewhere temporarily.

So, do you really require renters insurance in Florida?

Buying renters insurance is not required in Florida, just as it is not required in any other state. However, the owner of the property you are renting may require it.

How much does a renters insurance policy cost in Florida?

The cost of a renter’s policy in Florida depends on where you live and how much coverage you need. Also, depends on the type of coverage, and the amount of the deductible. In general, we can say that it is relatively affordable. We suggest you evaluate your needs as well as the type of personal belongings to determine the coverage you need.

To purchase renters insurance in Florida, it is advisable to seek advice from an insurer before making any decision.

It’s very easy to get a renters insurance policy with Veneville Insurance. You just have to contact us, we will give you a renters insurance quote adapted to your requirements and in a short time, your belongings will be duly covered.

Tips when buying renters insurance in Florida

  • Analyze your needs and the value of your belongings, so you can choose the right renter’s insurance plan.
  • Check what your renter’s insurance does and does not cover.
  • Remember that standard policies include liability coverage and personal property coverage. So consider whether you require additional coverage options. Cheap renter insurance is not necessarily the best renter insurance for you.
  • When reviewing an insurer’s renters policy offer, check to see if it provides replacement cost (RCC) coverage for your personal belongings or actual cash value (ACV).
  • Contact an insurance agent in Florida – or several insurance agents – and ask as many questions as possible before making a decision.

Final words

Do you really need renter insurance in Florida?

Well, having renters insurance in Florida, although not mandatory, is highly recommended, as it provides security and peace of mind.

If you’re buying renters insurance in Florida, make sure you understand what your policy covers and whether that coverage fully meets your needs. Also, ask about discounts, deductibles, and coverage limits.

Remember, your belongings are not covered by your landlord’s policy. Don’t underestimate the value of your personal belongings. Perhaps, between clothes and electronic equipment, you have several thousand dollars to take care of.

All our posts are for reference

Our policies and their coverage are individual and personalized to each specific situation.

At Veneville Insurance, we’d be happy to offer you multiple insurance options.

Contact Us!

Leave a Reply