Florida owner-occupied Homeowner's and Condominium insurance policies provide standard and optional features which offer a comprehensive package of protection for your home and possessions. Understanding these coverages and how they will affect you in the event of a loss.

At iSure we can insure almost any type of owner-occupied home, including an older home that has been satisfactorily updated and reflects pride of ownership.  Please note that entities including but not limited to corporations, partnership, estates, and trust that own property are not eligible for homeowners policy.  The appropriate policy for such an entity is the dwelling property form (DP) discussed below.

Covered Perils:

        ☼    Fire, Vandalism, Windstorm and Hail, Lightning

        ☼    Explosions and Smoke

        ☼    Theft

        ☼    Aircraft, spacecraft, missiles

        ☼    Other causes of loss

Section I Coverages:

        ☼    Dwelling

        ☼    Other Structures

        ☼    Personal Property

        ☼    Loss of Use

NOTE: Some policies in coastal counties exclude the perils of wind and hail.  A separate policy is available from the residual market in Florida to cover these perils in such case.  The deductible for hurricane loss ranges anywhere from 2% to 10% of your policy limit.  One hurricane deductible per insurance policy year.

Additional Coverages:

        ☼    Debris Removal

        ☼    Trees, shrubs and other plants

        ☼    Credit card, forgery and counterfeit protection

 Excluded Coverage:

       ☼    Power failure from utility service occurring outside of building

       ☼    Water rising, flood, backing of sewers

       ☼    Earth movement other than sinkholes

       ☼    Rebellion, revolution, insurrection, war

Section II Coverages:

       ☼    Comprehensive Personal Insurance (CPI)

       ☼    Medical Payments

DWELLING PROPERTY INSURANCE

Dwelling Property Insurance is designed for those who own a home and do not live in and therefore ineligible for homeowners and for entities such as corporations and trusts that own property and are also ineligible for homeowners insurance.  A DP policy covers the same perils as the HO form above as well as the same Section I Coverages.

The main but not only difference between the HO and DP policies is the DP's lack of Section II Liability Coverages.

The purpose of the outline above is to be a summary and/or highlight the basic homeowner coverages and is not intended to be fully comprehensive. 

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