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Best Homeowner’s Insurance Companies In Florida: A Guide

Quoted as ‘best in the business’, these are the insurance companies that you can trust; that make you feel you are in safe hands, come what may.

Florida, also known as the Sunshine State boasts of pristine beaches, diverse wildlife, and major tourist attractions, among other things. However, due to its proximity to the Gulf Coast, the state of Florida attracts nasty tropical storms and disastrous weather patterns that lead to large scale destruction.

Given this recurring problem that residents face each year, the cost of homeowner’s insurance in Florida is staggeringly higher than anywhere else in the USA. Averaging at $2,084, the insurance rate is more than double the national average which sits at $1,034 a year.

With an insurance rate unlike any other place in the country, as a homeowner, one is bound to ask if it’s worth spending so much. Given the long term implications and observing the type of climate, the state has to offer, buying insurance tends to be a wise decision. So the only thing that remains is choosing the best insurance policy for your home. Let’s have a look at our top picks:

1. Universal Property and Casualty Company:

Headquartered in Fort Lauderdale, Florida and spread out in various states across the U.S. It is the largest private homeowner’s insurance company in Florida. From filing a claim to getting in touch with an agent to getting a quote, they are with you through it all. You can visit their website for more information.

2. Tower Hill Insurance Group:

Tower Hill Insurance Group offers coverages for an exhaustive list of damages from water, property, valuables as well as its own flood insurance which most of the insurance companies only provide with additional cost. Tower Hill Insurance Group offers a variety of discounts making it a cheaper option among the lot. You can find more information on their website.

3. State Farm:

State Farm Insurance Company is the largest provider of home insurance in the U.S. For a first-time policy buyer, their website offers a comprehensive guide that helps a user research everything on homeowner’s insurance coverage. With a string of local agents affiliated with State Farm coupled with impeccable customer support, State Farm takes immense care of all its policyholders.

4. UPC Insurance:

UPC Insurance may not be as cheap as its competitors in the market but with their $1,359 quote for an average homeowner’s insurance, one gets to benefit from the hurricane expertise that the company has to offer. Given the weather patterns present in Florida, UPC offers a dynamic range of homeowner’s insurance policies that cater to floods and major storm damages in the region. Their diligent customer service and beneficial coverages make up for the high cost. Check out their website for more information.

5. TypTap Insurance:

With an A+ overall BBB rating, TypTap Insurance company specializes in home and flood insurance. Based in Florida, Typtap was founded in 2016 and is technology-heavy when it comes to delivering to its customers. With its stellar customer service and dynamic policies for single-family homes in Florida, Typtap can provide a quote in seconds and a policy in minutes. To know more, check out their website for additional information.