What Are the Benefits of Exploring Cheaper Home Insurance in Florida


When it comes to your home insurance, it seems like it’s difficult to know whether or not you have cheaper options. Since policies change all of the time, you have to review them each year and see if your company is still a good fit for your needs and budget. There are several benefits of exploring cheaper home insurance options in Florida, and we rounded up the biggest ones for you below.

Save Money

One of the biggest and most obvious benefits of considering going with cheaper insurance is that it saves you money. You could save money on your annual premiums, and you could take the excess money and start an emergency fund or put it towards repairs around the house. Over time, the amount of money you save by switching can really begin to add up. You just want to make sure you’re still getting the coverage you need for the lower price.

Peace of Mind

If you’re struggling to pay your current home insurance, switching to a cheaper option can help reduce stress and give you a greater peace of mind. You won’t have to constantly try to balance your other bills and your insurance premium. You may even free up a small amount of money you can put toward your other bills to help pay them down much quicker. It’ll give you greater financial freedom, and you’ll still get the coverage you need to protect your home.

Lets You Explore Different Coverage Tiers

Maybe your current insurance company only has one or two coverage options. Some cheaper insurance alternatives offer different coverage tiers. You can easily compare these tiers and see how they compare to your current company. You may even find better or more comprehensive coverage for your unique needs for a lower cost.

Avoid Rate Fluctuations

It’s possible for your insurance rates to fluctuate, and you want to avoid those big 10% jumps. Shopping for cheaper options can help you avoid these fluctuations, especially if you make a point to shop every year or every six months. Make a point to keep a close eye on your rates and make a note of any fluctuations or notable price jumps. This is a good indicator that it’s time to shop around and possibly switch.

Explore Price Variations

It may surprise you to know that different insurance companies have large price variations for the same coverage. All of the coverage you have now, you could get somewhere else and reduce the strain of your budget at the same time. You do want to make sure that you have the correct coverage and riders with the new insurance company before you make the switch.

More Choices

It’s true that most insurance companies offer close to the same core coverage options, but they can all expand out and offer different coverage. For homeowners in Florida, you want to make sure you have coverage for tropical storms, floods, or hurricanes. You should consider wind riders, too, in addition to your traditional coverage options. Shop around and see which company offers the most choices for a lower price point.

Better Customer Service

Many home insurance companies that offer cheaper coverage options usually have a customer service team that is very responsive to your questions. The team should also be available 24 hours a day in the event of a claim, and there shouldn’t be long wait times. They should also be available to discuss your claims and let you know how long it’ll take to get your payout.

Tailored Coverage

If the cheaper insurance companies have coverage tiers and riders, you can easily tailor your options to suit your needs. You do want to keep an eye on the price for each piece of coverage you add to your policy to ensure the price point stays affordable. The more you add, the more your policy’s price will go up.

Better Discounts

Make sure you ask about discounts each time you switch your home insurance company, even if you switch to a cheaper option. These companies vie for new customers, so they may have a lot of discounts available that you can take advantage of. In turn, you’ll be able to get the coverage you need while saving money at the same time.

Find New Bundling Options

Insurance companies want you to give them the most business possible, and this includes having multiple insurance policies. Many times, cheaper insurance companies offer several different bundling options. You could get a discount for getting your home and auto insurance with the same company, or they could offer you a discount for choosing to get a security policy with your homeowner’s policy. Make sure you ask the customer service team when you shop around.

Your Life Changed

There are a host of life changes that could send you looking for cheaper home insurance options in Florida. Maybe you got married, moved homes, bought another home, had a child, renovated, changed the contents, you want to plan for retirement, or you want to bundle your policies. Whatever the reason, this can result in savings if you shop around with different companies.

Nsure Can Help You Choose the Best Home Insurance Policy

If you’re considering switching to a cheaper home insurance company, but you’re not sure where to start, Nsure can help. Our app makes it quick and easy to explore quotes from over 40 of the top insurance entities. All you have to do is answer a few simple questions about your home and life to get started.

Once you answer these questions, we’ll populate the quotes for you. You can compare coverage tiers, prices, and more all in the app. We even allow you to choose your new company and switch. You can monitor and change your coverage options from your phone, and all of these things create a very convenient experience to help save you money.