Cheapest home insurance in florida

[Joel Gierbolini]

Hello! I am looking for the cheapest home insurance for my properties in Florida (Broward county) Any suggestions?

[Patricia Steiner]

Bottom line: there is no cheap date in Florida.  My recommendation would be to increase your deductible to a level just below painful, have your properties 4-point clean, consider your FICO because providers will, and shop coverage.  And, don't buy properties that have a history of insurance claims and/or flooding...that history is known by the insurance providers and increase the premiums automatically.  There are companies out there who are touting 'inexpensive alternatives' but please spend time checking their BBB complaints and standing with the state - pretty ugly results.

If there is an upside, it is that our year-over-year rent prices continue to rise in almost every market as does appreciation.  

At some point - and I feel it's really late already - the state is going to have to step up in a larger way to entice reinsurance opportunities for providers. We're not an attractive market right now - and we're not alone:  
Oklahoma, Nebraska, Louisiana, Colorado, Kansas - and California is rumored to have providers fleeing altogether.

Fun, huh?