Homeowners Insurance Over-Insured

This is the 6th installment of "9 Ways to Save on Your Home Insurance" which can be downloaded as a free eBook.
So, how much is enough when it comes to Fort Myers homeowners insurance? The amount of FL home insurance you buy should be a fairly straightforward matter of getting ample coverage to rebuild your house and replace its contents in the event of a total loss. You also want to protect yourself in case someone gets injured on your property and tries to sue you for all you’re worth. But how much is enough to cover you without going overboard? 

Your Florida home insurance coverage should not necessarily be what you paid for your home. Land values are calculated into the final sales price of your home, but shouldn’t be part of what you’re insuring. In others words, “you cannot hurt the dirt.” Companies will not pay more than what it is going to cost to rebuild your home, so make sure you are insured correctly. Here are some suggestions for calculating your homeowners insurance. Call local builders and ask them what new home construction cost per square foot is going for. Multiply that number by your home’s square footage. The sum of this will be the estimated amount that your home should be insured for. Make sure you don’t have a coverage that you would never use! 9 Ways to Save on Your Home InsuranceSome insurance policies may appear to be more cost efficient, but in reality, they may only be covering you for things that you would never use. Make sure that this is not the case, and that you are not paying for additional coverage of extremely unlikely events, such as sinkholes or riots. Don’t purchase insurance that you don’t need. Instead, put your trust in honest professionals that will:
  • Not try to sell you the moon.
  • Treat you the way they want to be treated.
  • Put your needs first and work with your budget.
  • Be transparent & give you the opportunity to post your positive or negative reviews.
To find out about of the different discounts you can receive on your Fort Myers homeowners insurance or to get your free insurance quote, contact me online or call us at (239) 210-7700. Brian CulbertsonFort Myers Insurance Agent