Insurance Blog

How to reduce your Florida homeowners insurance costs.

How to reduce your Florida homeowners insurance costs. 



If you have multiple policies, such as home and auto insurance, with the same insurer, you may be able to bundle the policies for a discount.


Installing safety or security devices in your home may be another way to help reduce homeowners insurance costs, states the National Association of Insurance Commissioners. These devices, which are meant to help reduce the risk of potential damage or injuries, typically include:


Insurers may offer homeowners insurance discounts if you update your home to help make it more resistant to weather-related disasters, fire damage or water damage, says the Insurance Information Institute (III).

In some states, you may be able to reduce your premiums by reinforcing your roof or adding storm shutters to help mitigate storm damage. You may also be eligible for a discount after updating heating, plumbing or electrical systems that may help avoid fire or water damage. Check with your insurance company about which, if any, improvements qualify for a discount.



4. Get a Wind Mitigation Inspection

All Florida home insurers are required to offer credits to homeowners who take measures to make their homes more wind resistant. Your wind mitigation report can make the biggest impact in what you pay for home insurance (aside from your home's location, value, and age). Bonus: your windstorm mitigation inspection will let you know what further improvements you can make to your home to both increase its disaster preparedness and decrease your insurance bill.

5. Raise Your Deductible

Generally, the higher your deductible, the lower your premium. Florida homeowner can adjust both their AOP (standard) deductible and their hurricane deductible to trim their premium. Just remember: it doesn't make sense to pay for insurance that you can't reasonably use when you need to. Make sure you take on a deductible that won't leave you financially overwhelmed when you need to make a major claim.

6. Opt for Private Insurance Whenever Possible

Government-run insurance programs are insurance options of last resort – and they are priced accordingly. You can save considerably if you are eligible for coverage from a private home insurer. That goes for flood insurance, too – if you're in Florida, you now have an affordable, private market alternative to NFIP flood coverage through Kin.

7. Ask about Discounts

Most homeowners are eligible for a fair amount of easy home insurance discounts. For example, you get a discount from Kin automatically for having an electronic policy. You can save even more when you choose to retain your benefits during a claim instead of signing them over to a contractor. Learn more about our available discounts.

Be Strategic If You Move

If you are looking to move, you might consider property further from the coast – it could potentially save you thousands annually on your Florida homeowners insurance. Inland dwellings face less severe hurricane risk than those closest to the coast.

The home's build date also has a substantial impact on Florida premiums. Homes built prior to 2001 may not be constructed according to the latest Florida building codes that were designed to optimize a structure's wind resistance. Older homes aren't generally equipped with as much or no hurricane protection as newer homes.

And lastly, if you are new to Florida,  calculate your homeowners insurance cost before you close so you know what to expect.





Red Tide Reappears off Florida’s Southwest Coast


By Brendan Farrington | December 21, 2020

Check out this article found here: about red tide detected in December 2020

Red tide is back in the waters off of Florida’s southwest coast, making birds sick and killing fish, according to a state environmental agency update on Wednesday.

While satellite imagery isn’t picking up the toxic algal blooms, the Florida Fish and Wildlife Conservation Commission said it’s been detected in the waters between Sanibel Island and Marco Island.

Officials said recent tests that were done on sea birds alerted officials about the bloom.

“Our first indication of this particular event was we had over a dozen cormorants that came into a wildlife rehab center on Sanibel and we tested blood from those cormorants and all of them tested positive for the red tide toxin,” Gil McRae, director of the agency’s Fish and Wildlife Research Institute, told commission members during a virtual meeting.

McRae said it was a late season bloom, and that winter weather could likely break it up, but in the meantime the state, local governments and volunteers are trying to identify what areas are being affected.

“We are ramping up every available resource to respond to this red tide,” McRae said. “As of right now it doesn’t appear to be nearly as large scale as the ones we’ve seen in the recent past.”

The toxic bloom overran Florida’s southern Gulf Coast in 2018, killing huge numbers of fish along with scores of sea turtles and the state’s beloved manatees. The bloom also causes respiratory irritations in people which, coupled with the stench of rotting marine life, sent many tourists fleeing beaches, seaside attractions and nearby restaurants.


Red tide is caused by an organism called Karenia brevis, which occurs naturally in the waters off Florida. In an average year, a red tide may bloom in the fall and run its course through the winter months.