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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. The more risks your area poses, the more your insurance company will charge to protect you. In Florida, homes that are built to withstand hurricanes or meet certain building codes can also come with insurance discounts.

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Affordable Home Safety Improvements to Lower Your Insurance Premiums

TGS

By reducing risks—whether it’s from break-ins, fire, or natural disasters—you’re signaling to insurers that you’re a responsible homeowner. But you don’t need to build a fortress to get a better rate. Adding window locks or shatter-resistant film makes breaking in more difficult, which insurers love to see.

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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

This is directly linked to inflation, which affects everything from the price of building materials to labor. When the cost of replacing or repairing homes rises, so does the amount insurers have to pay out in claims. Well, your insurance premium is no different.