Typically, your home is your most valuable asset. In the event of your home being damaged or destroyed, you want the peace of mind knowing that your insurance claim will be settled by a reputable insurance company that understands catastrophes happen all over florida.
North Broward Insurance Solutions will shop the best rate for you while tailoring the coverage to fit your needs. We extend high-quality service to our customers and offer fair pricing in order to find you the best policy to protect you all year long. In the midst of hurricane season in South Florida it’s silly to leave yourself unprotected.
At North Broward Insurance Solutions, we know that it’s often more hassle than it’s worth to “fix something that isn’t broken,” but how will you know you’re spending too much on your insurance if you don’t check out the competition?
We also realize that doing the leg-work for your Wind Mitigation Inspection and 4-Point Inspection can be tedious and annoying. Right now we’re working with a network of worthy contractors that can inspect your property around your schedule. Just let an agent know when you’re available and we’ll make your appointment for you. In the near future, we’ll even be offering Wind Mitigation and 4-point inspections in-house!
From typical policies covering Fires and Theft, to Windstorm coverage and even sinkhole coverage, we will certainly provide you with a policy to meet your needs.
While we know that Homeowner’s coverage can be pricey, it’s a necessary insurance coverage all over the state of Florida.
It’s possible to receive a number of discounts on your Florida Homeowner’s Insurance policy. Many companies provide discounts related to the following items:
- Wind Resistant Home Features
- The Shape of your Roof
- Security System
- Central Fire Alarm
- Gated Community
- Age of Home Construction
- Policyholders age 55+
- Indoor Sprinkler System
- & more!
Types of Coverage
There are 6 types of coverage on your Florida Homeowner’s policy and choosing the right coverage for you in each section is very important! More information is provided on each coverage and all of the flexible options we can offer our customers at North Broward Insurance Solutions.
- Coverage for the Structure of your Home (Coverage A)
Your policy provides coverage for damage to the structure–your home–in the event of a covered loss. This coverage is provided at Replacement Cost. This means that the structure of your home is valued using today’s construction costs to rebuild or repair your home.
Dwelling (Coverage A) Limit: $100,000 ($125,000 minimum in coastal counties) to $1,000,000
Tip: The coverage amount that you need should include the full cost to rebuild your home. This is not the same as the real estate value of your home. Make sure your insurance agent fully understands the features of your home, so that you aren’t paying for coverage you don’t need and you have enough coverage to completely rebuild your home.
- Coverage for Other Structures (Coverage B)
Our policy provides coverage for “other structures” located on the residence’s premises. For example: an unattached garage, gazebo, or in-ground swimming pool may be considered unattached structures. Of course, additional coverage may be requested for pool enclosures.
Other Structures (Coverage B) Limit: 2% to 75% of Coverage A
- Coverage for your Contents (Coverage C)
Coverage C is available to repair or replace your personal belongings. Examples are furniture, clothing, jewelry, television, stereo, and appliances. Our customers can choose any amount of contents coverage that they’d like applied to their policy.
Personal Property (Coverage C) Limit: 0% – 75% of Coverage A
Important Tips about Coverage C:
- As you review coverage offered by other companies, check to see if replacement cost coverage for contents is available. If you do not purchase replacement cost coverage for contents, items that are lost, damaged, or stolen will be valued using actual cash value. The actual cash value is calculated using current market pricing minus the depreciation for age and/or normal wear and tear. This value is less than the value of those same contents when replacement cost coveraage is applied to your policy. Replacement cost coverage is optional, and when added to your policy, contents are valued using the current market price of items that are brand new.
- How much coverage do you need? Rather than guessing at the amount of coverage you need, we’ve developed My Choice Home Protection, an easy-to-use system designed to help you obtain an estimate of coverage for your contents based on your unique household.
- Coverage if your home is uninhabitable (Coverage D)
If your home becomes uninhabitable due to a covered loss, our policy provides coverage for the additional living expenses you and your family incur while you are living away from your home. This includes costs for a place to stay, food, and clothing.
Loss of Use (Coverage D) Limit: 10% of Coverage A
Tip: Make sure you keep all your receipts so that you can be sure to receive the correct reimbursement.
Rather than providing you with a check that requires you to deposit at the bank and wait to receive reimbursement funds for additional living expenses, we provide our customers with a pre-paid debit card that they can begin using right away once activated. This eliminates the hassle of depositing a check and allows our customers to withdraw cash immediately. This is one of the many solutions we’ve put in place to improve the customer experience with Security First Insurance.
- Coverage for Personal Liability on your Property (Coverage E)
This coverage provides protection if someone were to file a lawsuit against you, claiming you caused them bodily injury or damaged their property. Liability can protect you in situations that may be unforeseen, such as a friend twisting their ankle on a loose step. Liability coverage also covers certain defense costs—even if the lawsuit filed against you is false, groundless or fraudulent.
Personal Liability Insurance (Coverage E) Limit: $100,000 – $500,000
- Coverage for Medical Payments (Coverage F)
Your policy provides for medical payments to others (not living at your residence) if they are injured on or by your property, or as a result of you or a family member residing with you.
Medical Payments (Coverage F) Limit: $1,000 – $5,000
Contact us today!
Contact North Broward Insurance Solutions today for more information on switching your current homeowner’s policy or free quotes on protecting your most essential asset: your home!
Feel free to email us here and we can send you back a quick-quote survey or give us a call anytime at 786-440-8242! Policies can be written remotely and signed electronically for your convenience.
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