Get PRINT INSTRUCTIONS INSTRUCTIONS FOR COMPLETING APPLICATION FOR HOMEOWNERS INSURANCE (Numbers

Florida law does not require homeowners to have homeowners insurance. However, for most consumers, their home is one of their largest assets and insurance will help to offset the cost to repair or replace the home.

How much is homeowners insurance in Florida? The average home insurance cost in Florida is $4,218 a year, nearly $1,441 more than the national average of $2,777. These averages are based on the following coverage: $300,000 dwelling coverage.

The elements included in the homeowners declarations page are: Policy number: The unique number identifying your policy. ... Property address: The location of the insured property, which may or may not be the same as the mailing address. Policy period: The dates listed are the start and end dates of the policy term.

Does Florida require home insurance? No. The state does not mandate homeowners to carry insurance for fire, flood, theft or storms. If you have a mortgage, your mortgage lender almost certainly has requirements for homeowners insurance, windstorm coverage and flood insurance to secure their loan.

Your mortgage lender generally requires your property to be insured. If you stop paying for coverage or let the policy expire, the mortgage lender is allowed to buy insurance and charge you for it. This is called force-placed insurance or lender-placed insurance.

Why is it hard to get home insurance in Florida? Many homeowners insurance companies are pulling out of Florida, restricting coverage, and raising rates, making it hard to find affordable home insurance in Florida. This is due to Florida's increased risk of expensive storm damage.

Is Florida hurricane insurance required? Florida hurricane insurance is not required because hurricane insurance isn't sold as a separate policy in the state. This form of coverage is included as a part of a standard insurance policy.

Florida doesn't require homeowners insurance by law, but if you finance your home, your lender may require you to have a homeowners insurance policy in place. Your policy's coverages are designed to safeguard your property and assets.