Property insurance for Florida homes, buildings and projects.
Each property is insured on its own facts: how it is built, who occupies it, what it would cost to rebuild, and what water can do to it. Homes first, then business property.
Flood, wind and a burst pipe are three different claims.
In Florida, flood is generally outside a homeowners policy. It is insured separately; a private flood policy can be standalone or an endorsement. Confirm the form and the waiting period; a new policy may not begin the day it is bought.
Hurricane damage carries its own deductible. Florida DFS lists different options for dwellings insured at $1–3 million and above $3 million; surplus-lines policies differ. Water from inside the house, such as a burst pipe, is a third question. Ask how the wording treats each source of water.
What it would cost to rebuild, and who lives there.
A sale price reflects land and the market. The policy is concerned with the cost to rebuild, which is a different number. Florida DFS distinguishes replacement-cost settlement from depreciated actual cash value; the difference decides what a claim pays. Ask for a percentage deductible in dollars.
Occupancy changes the question too. Insurers treat a vacant home, a seasonal or rented home and a short-term rental differently, and a product label alone settles nothing. If a trust or LLC holds the title, the named insured should match.
Six policies, and what each has to settle.
Your homes first, then your buildings and projects.
| Policy | What the policy has to settle |
|---|---|
| Homeowners, including high-value homes | The rebuild figure and how it was estimated; whether anything extends above the dwelling limit; which finishes and collections need an appraisal or their own schedule; temporary housing after a loss, and to what limit. |
| Condo | What the association's master policy and governing documents leave to the unit owner: improvements, belongings, loss assessments, loss of use, liability. Flood needs separate attention here too. |
| Renters | The tenant's own belongings, liability and loss of use. The landlord's policy answers the landlord's questions. |
| Flood | Standalone or endorsement; primary or excess; the waiting period; the lender's conditions. |
| Commercial property | How each building is valued, and whether a coinsurance condition could reduce a partial claim; how the roof is valued at settlement; how storm deductibles apply across a schedule; whether lost rental or business income is a separate coverage, and for how long; what changes on vacancy; whose policy insures tenant improvements. |
| Builders risk | When cover ends: completion, occupancy or term expiry, and what early move-in or a late finish does to it. Materials in transit, temporary works, soft costs and permission to occupy are things to ask about, not standard inclusions. On a renovation, whose policy insures the existing building. Builders risk does not answer liability or workers' compensation. |
Liability to guests, tenants and staff is on Liability. What to have ready for a conversation is listed once, on Contact.
Speak with Roberto.
Roberto Guerrero · President and Principal Agent · Licensed agent