Is homeowners insurance required by law in Florida?

Many questions arise when it comes time to shop for Florida homeowners insurance. In fact, this process can be quite confusing and you will definitely have questions that need to be answered. One of the main questions asked is: ” Is homeowners insurance required by law in Florida?”. Let’s find out the answer to this now!

Is it really required?

Florida homeowners insurance found here is generally required by lenders in the private sector.  After all, if you borrow from them to help buy your home, your investment is now theirs as well. They’re definitely going to want some kind of assurance that their investment will be protected in case of a disaster.

In fact here in Florida, if you fail to acquire proper FL homeowners insurance, it will be purchased for you. Failure to purchase coverage allows your lender to provide you coverage, this is known as a forced placed policy. You will be charged for this policy in addition to your loan premiums.

Payments for a forced loan policy are usually more expensive. In any event, it’s recommended that you carry a policy to protect your property investment. That way you aren’t trapped in a forced loan policy.

Are private options cheaper? 

If you cannot find Florida homeowners insurance on your own, never fear! Lending companies generally provide or direct you to their own versions of it.  However, these options are generally far more expensive, meaning that if you want to save money, your best option is likely to find your own. Usually, a Florida homeowners policy independent of your lender is your better option.

You can still ask your lender for advice when it comes time to choose. However, in terms of actually selecting a form of homeowners insurance, you are more than likely better off from a financial perspective making the final decision yourself. It’s the only way to find coverage that fits your budget.

Different levels of coverage

Not all coverage packages are created equal when it comes to Florida homeowners insurance from  There are different levels of coverage, covering a wide variety of potential perils.  Some are more basic, and included in most basic plans, while others are more specific.

It is up to you determine which level of coverage is best for you and your FL home. Carefully consider each of your options. Always remember that it is best to have more than enough coverage instead of not enough.

Online Quotes are essential

Finally, when searching for the best deal on Florida homeowners insurance, you can generally search for and find online quotes to help you compare rates and see which provider gives you the best deal. Always collect more than 3 quotes. Doing so will be able to enable you to save some cash.

How to Compare Florida Auto Insurance Quotes

Auto insurance is simply something that you must have. There is no way to legally drive a vehicle without having an adequate amount of coverage. This means that you could potentially be spending high amounts on insurance premiums over the course of your lifetime.

If you want to get the best coverage for the most value from sites, it is essential that you shop around for Florida auto insurance quotes at The process of shopping for a Florida insurance quote is essential to helping you get the most affordable premium. Not all insurance companies offer the same amount of coverage for the same cost, so you need to compare all options.

Cost Matters, But Not Too Much

It is important that you realize you can’t compare FL auto insurance quotes by cost alone. This won’t work because the cost will range based on the type of coverage that you obtain. You need to look for an auto insurance provider that is offering the most value for your dollar.

You want an affordable premium, but you also need to have adequate coverage. Overspending on a policy is not an option, but you should not make cost the only factor in your decision. Be sure to look for a policy that offers the coverage you require for a cost that you can afford.

If you are just comparing different Florida auto insurance quotes on cost alone, you may miss out on some great options that offer more coverage for a slightly higher price. If you can add collision to your coverage at an affordable rate, this is a great option.

Be Prepared

When you are getting ready to shop for Florida auto insurance quotes from, you need to have all of your information on hand. You will need to provide your driver’s license, along with any other type of personal information needed. It’s also a good idea to be informed about your current credit score and your driving record so that you can provide more accurate information.

It is important to remember that quotes are often not final and they can go up once an insurance company looks at your driving record and credit history. Comparing quotes will only help you make an informed decision if they are accurate and reliable. You need to take the time to make sure that you have the necessary information on hand before you begin shopping online for auto insurance quotes.

What is the average cost of RV insurance in Florida?

RV enthusiasts love Florida. Florida is home to hundreds of campgrounds and RV parks. In fact, the popularity of recreational vehicles are on the rise. However, with an increase of RV’s out on the road, you should expect more accidents and incidents to arise. The only way to make sure you are protected is to purchase RV insurance in Florida.

Before you begin your search for coverage, it is important that you consider several factors. First understand, what you pay for coverage will vary depending on your location, how much coverage you want, and how much your RV is worth. The average cost of a policy is around $2,500 a year.

Do I really need to purchase FL RV insurance?

A single accident in your RV can cost thousands of dollars in repairs. RV insurance in Florida from is crucial to protect yourself from all sorts of situations that could end up costing you big bucks. If you drive your RV, Florida requires you to carry insurance on it.

Florida has a minimum set of requirements when it comes to obtaining coverage. Listed below are the minimum liability insurance requirements. FL has some of the lowest minimum liability standards compared to any other state.

  • $10,000 BIL per accident for one person
  • $20,000 BIL per accident for all persons
  • $10,000 PDL per accident

You will more than likely find it necessary to purchase more than the minimum insurance requirements. It’s strongly recommended due to the heavy costs that an RV accident can bring. Let’s discuss how you can begin to shop for a policy.

What factors affect the cost of RV insurance in Florida?

Now that you know the average cost of coverage for your RV here in the Sunshine State, let’s discuss factors that can affect cost. These factors can greatly affect the cost of your policy. Everyone receives different rates, mostly due to these.

  • Speeding tickets and accident history
  • The class RV your driving
  • The state you live in
  • How many miles you drive with your RV
  • If you have filed any past claims
  • The final amount of coverage that you bought

Finding Florida RV insurance is easy over at They can offer you the best options out there. In addition, you will receive only the best customer service! Why wait? Collect a quote today!