Please ensure Javascript is enabled for purposes of website accessibility

Call a licensed agent: 833-964-9663

Compare now

Does homeowners insurance cover sinkholes in Florida? 

Kelsie Johnson on 2024-05-16

In Florida, all home insurance companies are required to cover catastrophic ground cover collapse, which includes sinkholes. However, whether or not a sinkhole-related claim is covered will depend on the ground on your property or underneath your home. Just because your home insurance policy includes sinkhole coverage does not guarantee that all sinkhole claims will be covered. It’s a good idea to read the fine print of your policy to learn more about the coverage requirements for sinkhole claims.  

Does homeowners insurance cover flooding in Florida?

Kelsie Johnson on 2024-05-16

No, homeowners insurance almost never covers flooding in Florida or in any other state. If your home is located in a flood zone, it’s a good idea to purchase a separate flood insurance policy. You can purchase flood insurance through the National Flood Insurance Program (NFIP) or through an insurer that sells private flood insurance.

Does homeowners insurance cover hurricanes? 

Kelsie Johnson on 2024-05-16

Most standard homeowners insurance policies do cover hurricanes, including damage from wind and rain. However, your coverage may vary depending on your location. For instance, if you live in an area that is prone to hurricanes, like Miami, you might be required to purchase a separate windstorm insurance policy. Additionally, many home insurance policies in Florida have a hurricane deductible that applies to hurricane-related claims.

What does homeowners insurance cover in Michigan? 

Kelsie Johnson on 2024-05-16

Homeowners insurance in Michigan includes dwelling insurance, personal property insurance, liability insurance, medical payments insurance, and loss of use insurance. Home insurance usually covers the same things regardless of your insurance company or state. Many Michigan insurance companies also offer home insurance endorsements, which are optional policies that can fill gaps in your basic policy and provide more customized protection.  

Is it normal for home insurance to increase every year? 

Kelsie Johnson on 2024-05-16

It can be normal for home insurance rates to increase every year, but not every homeowner will see consistent rate increases. The cost of home insurance can fluctuate up or down depending on a variety of different factors, like recent weather events, increasing crime, the number of claims filed in the area, and your personal claim history. If your home insurance rate is increasing every year, it’s a good idea to shop around for new quotes. You might be able to find a cheaper policy from a different insurance provider. 

What is the difference between ho6 and ho3? 

Kelsie Johnson on 2024-05-16

HO-6 insurance is condo insurance and HO-3 insurance is special form home insurance. Both policies provide dwelling insurance, personal property insurance, liability insurance, and medical payments insurance. However, HO-6 also provides loss assessment coverage and the dwelling insurance portion only covers the interior of the condo unit. HO-3 insurance doesn’t include loss assessment insurance and the dwelling insurance portion covers the entire property. 

What type of homeowners insurance is needed for condominiums? 

Kelsie Johnson on 2024-05-16

Condo owners need to purchase condo insurance. You cannot insure a condo with a home insurance policy. A standard condo insurance policy might provide sufficient coverage for some condo owners. However, many people can also benefit from adding endorsements to get more customized protection for their condo. 

Is condo insurance different from homeowners insurance? 

Kelsie Johnson on 2024-05-16

Yes, condo insurance and homeowners insurance are different in a few ways. Condo insurance protects the inside of your condo unit, whereas homeowners insurance protects the interior and exterior of your home. Additionally, most condo insurance policies provide loss assessment coverage. In terms of cost, condo insurance is generally cheaper than home insurance.