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Buying a home represents one of the largest purchases we all make in our lifetime.

In doing so there are many factors to consider in your search for your dream home.

Home Insurance is one of the factors you will need to consider and the key factors that impact your insurance costs include some of the following:

1) The Location -- For example a home located on the ocean front will create different risks than a home located inland and the oceanfront home will likely be more expensive. Or a home located in a rural area not close to a fire department or fire hydrant will likely be more expensive than a home in a protected area meaning within 5 miles of the fire department and within 1000 feet of a fire hydrant. If you are located in areas prone to more damage such as from hurricane, flooding or in a rural area with less access to the fire departments services/water than you will likely pay more in Insurance.

2) Construction type and Age of your Home -- How your home was built and the age of the home could impact the insurance premium. In addition if the home is older most likely you will need to make sure that the wiring, hvac, plumbing and roof have all been updated to find insurance. Typically in Florida a wood frame home will be more expensive than a masonry home. In addition the shape of the roof can make a difference as a hip roof shape is typically less expensive than a home with a gable roof do the likelihood of less susceptible to wind damage for a hip roof.

3) Potential Liability Exposures - The home may have certain liability hazards that could raise the premium or shrink the number of insurance Companies that will insure you thus having an impact on the premium. Some of the most common liability exposures that can impact the insurance is--
                                    Animals- if you own large dogs or other types of animals this will need to be accounted for in your insurance options available
                                    Swimming pool- if you own a swimming pool then a few factors will need to be considered- is it fenced, is there a slide or diving board
                                    Trampolines - if you intend to own one this can have an impact on your ability to obtain insurance and the price you would pay
                                    Other Hazards- If there is any unusual exposure for trip and falls such as decks without railing, tree houses etc 

4) Wind Mitigation Factors -- Here in Florida if your roof has been built /updated to current code it may be eligible for wind mitigation discounts. This is something you would want to discuss with your insurance agent but some of the factors that can impact the premium are the shape of the roof, if it complies with Florida Current Building Code(FBC), How it is attached to the walls, type of decking and nails used, opening protection etc

5) Flood Insurance -- A standard home policy does not provide flood insurance . Most home are in a flood zone of some sort. If you are in a high risk flood zone then you would be required to purchase flood insurance which could impact your overall insurance costs as well. If you are required to purchase flood insurance you will need a flood elevation certificate to obtain the most accurate rate/premium for the flood insurance.

Scott E Weeks, CPCU President

phone: 386.734.7283 | email:|


206 N. Woodland Blvd  Deland Fl  32720

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