What can be included in a Florida home insurance plan?

Many have enjoyed being property owners in the Oakland Park, FL area. Considering purchasing a home there, consider your insurance needs and options. Many provisions can be included in your Florida home insurance plan. 

Protection for Assets

Many people get home insurance to protect their assets. Your dwelling is a very valuable asset that can be insured. This policy will allow you to repair or replace the home if a fire or other covered claim damages it. You can also get coverage for personal assets, including a policy rider for more expensive items like art or jewelry. This will ensure you are covered if you are a victim of damage or theft of these valuables. 

Liability Support

A property owner will always have some personal liability risk. Liability claims can sometimes be significant, so protection is very important. You will get coverage for these siwith you have a full home insurance plan. A proper liability insurance plan will offer financial support, and you will receive guidance throughout the process if you are named liable in an accident. 

Owning real estate in the Oakland Park, FL area can be an excellent investment. When trying to protect this investment, working with a trustworthy insurance team would be wise. Give our team with eAdvisorPro Property & Casualty LLC a call today to discuss your needs. Our eAdvisorPro Property & Casualty LLC insurance professionals will take a personalized approach when building your next policy. 

Vacant and Unoccupied Home Insurance

Many homeowners are unaware that standard home insurance may not provide adequate coverage during such times in or around the Oakland Park, FL area. Whether the property is awaiting sale, undergoing renovations, or temporarily unoccupied, it is essential to understand the unique insurance considerations for vacant or unoccupied homes and the need for specialized coverage.

Distinguishing Between Vacant and Unoccupied Homes

While "vacant" and "unoccupied" are often used interchangeably, they have distinct meanings in the insurance context. A vacant home is an uninhabited property without personal belongings or furniture. An unoccupied home may have furniture and personal items but has no occupants currently residing there.

Standard Home Insurance vs. Vacant and Unoccupied Home Insurance

Standard home insurance is designed to cover homes that are occupied and lived in by the homeowner. When a property becomes vacant or unoccupied, the risks change significantly, and standard policies may no longer provide adequate coverage.

The Risks of Vacant or Unoccupied Homes

Vacant or unoccupied homes face specific risks that standard home insurance may not address. These risks include increased vulnerability to vandalism and theft, potential damage from neglect, and liability risks if someone gets injured on the property and no one is present to address the situation immediately.

Specialized Coverage for Vacant and Unoccupied Homes

This type of coverage addresses the unique risks associated with extended vacancy periods. It typically includes property coverage that protects against vandalism, theft, and damage caused by neglect. Additionally, it may consist of liability coverage to protect homeowners in case someone is injured on the property during its vacant or unoccupied status. 

eAdvisorPro Property & Casualty LLC LLC Can Help You

Here at eAdvisorPro Property & Casualty LLC, we can answer all your questions concerning home insurance. We assist the Oakland Park, FL region. Contact us today.

Who needs to have home insurance in Florida?

If you are in the Oakland Park, FL area, you can find that owning a home is a good idea. When you are looking to buy a property here, it will be important that you spend time assessing your insurance needs. This includes getting a proper home insurance plan. There are various situations when someone in this area will need to have a home insurance policy. 

When Financing a Home with a Mortgage

A situation when someone is going to need to have a home insurance plan will come when they take out a mortgage. Many mortgage lenders will require you to carry insurance until the home is paid off in full. If you do not have this insurance, you can face various forms of penalization. Because of this, carrying a full home insurance plan until the loan is paid off in full is very important. 

When Trying to Get Financial Protection

Another important reason to get a home insurance plan is so you can get financial protection. If you choose to buy a home, you are making a significant long-term investment. A great way that you can protect your investment is by getting insurance. With this coverage, you will be able to make repairs or replace the home if you incur certain types of loss. It would also be a good idea to get liability coverage to offset this risk. 

If you are starting to look to buy a home, it is very important that you take out a home insurance plan. For those that are in the Oakland Park, FL area, calling our professionals with eAdvisorPro Property & Casualty LLC is a good idea. Our team at eAdvisorPro Property & Casualty LLC knows the value of this coverage, and they can provide any support that you need. 

Does Home Insurance Cover My Detached Garage?

If you own a home in Oakland Park, FL, you may wonder if your home insurance policy covers the detached garage from your property. The answer to this question depends on the coverage type included in your policy.

Types of Coverage 

The most common types of coverage for detached garages include: 

  • Building & Contents – This coverage includes the garage’s physical structure and contents, such as furniture, tools, and equipment. It also covers repairs or replacement should any damage occur due to fire, theft, or other disasters. 
  • Liability – Liability coverage shields you from any claims brought against you by third parties in case of physical or property damage on your premises related to your garage operations.
  • Loss of Use – This type of coverage helps to cover expenses related to temporary housing should your detached garage become unusable due to a covered loss such as a fire or storm damage.  
  • Specialty Property – Specialty property insurance can provide additional protection for items such as expensive tools and equipment that may not be covered under a standard homeowners’ policy.  

If you have questions about what your home policy covers, contact eAdvisorPro Property & Casualty LLC today. One of our friendly agents will be happy to discuss your coverage options.

How Much Does Home Insurance Cost? 

The cost of home insurance will vary depending on several factors, including the value of your detached garage, its contents, and the amount and type of coverage selected. Generally speaking, it’s wise to purchase enough coverage so that you are adequately protected against any potential losses or damages that could occur in the future.  

Contact eAdvisorPro Property & Casualty LLC today for more information about our various homeowner insurance plans and options.

How Much Home Insurance Should I Have?

Your home means a lot to you. Despite your heavy investment in your home, it’s also a place where you have many memories. Your home holds sentimental value to you, so you should do everything possible to safeguard your beloved home.

One way of protecting your home is to invest in home insurance. While home insurance is a wise investment, you must buy a sufficient amount to give you much-needed protection. Not sure how much home insurance you need? Please talk to eAdvisorPro Property & Casualty LLC. But before then, here is a brief guide to help you determine the amount of home insurance needed.

How much dwelling insurance is enough?

If you want to determine the amount of dwelling insurance required, assume the worst-case scenario. Imagine a fire has consumed your home. How much would it cost you to rebuild your house from scratch? This should be the value used to insure your home.

The "replacement cost" value takes care of the local building costs. This means you will be compensated for your home’s value today. The replacement cost saves you out-of-pocket expenses when rebuilding or replacing your home.

How much content coverage do I need?

Like dwelling coverage, assume the worst-case scenario when determining the amount of contents coverage required. Always consider a value that can replace your entire assets. For instance, your home insurance should be sufficient to replace your assets when lost to a fire, flooding, etc. Maintaining a home inventory is the best way to ensure everything in your possession is covered.

How much liability coverage do I need?

This is usually tricky because you never know the number and extent of liability claims you will face. As a rule of thumb, you should hold liability coverage exceeding your assets. We usually recommend liability coverage of $300,000 but if you need additional coverage, consider umbrella insurance.

Home insurance in Florida

Still unsure about the amount of home insurance you need? Please get in touch with eAdvisorPro Property & Casualty LLC for personalized advice.

Four Benefits of Home Insurance

Buying a house is a dream come true for many. It takes a lot of savings and financial planning to own a home. It’s prudent to protect it from any unthinkable event. Home insurance, therefore, is a must-have for all homeowners. If you are still unsure whether you need home insurance, consider the following benefits as prepared by eAdvisorPro Property & Casualty LLC.

  • Liability coverage: You can’t afford to miss liability protection if you own a home. You could be liable if someone becomes injured on your premises or is bit by a pet. It could result in thousands of dollars for medical expenses or lawsuits, hence the need for liability coverage.
  • Dwelling protection: The main reason why most people buy home insurance is to protect their primary structure. Imagine dealing with total loss or significant damage due to a house fire or hurricane. With all your years of investment in your home, you can only do yourself a favor and buy home insurance.
  • It protects your assets: Personal assets like furniture, appliances, electronics, and other assets do not come cheap. Therefore, taking inventory of your home contents is crucial when signing the policy. The policy reimburses you if a covered event destroys any of the contents, a considerable benefit you should not ignore.
  • Covers additional living expenses: Home insurance offers more than just repairing or rebuilding your home after damage. The policy also puts you in a temporary living place if your home becomes uninhabitable after a covered event.

Home insurance in Oakland Park, FL 

Home insurance provides significant relief to all homeowners. Instead of constantly fearing what would happen in the event of an unfortunate occurrence, you sit and relax, knowing your home insurance policy got you. If you are looking for home insurance in Oakland Park, FL, look no further than eAdvisorPro Property & Casualty LLC. Contact us today for an affordable quote.

When Should I Review My Home Insurance Policy?

It can be easy to put off reviewing your home insurance policy, especially when you feel like you’re juggling a million other things. But trust us – taking the time to review your coverage is well worth it thoroughly. After all, your home insurance policy is one of the most critical documents, protecting your property and finances in case of an unexpected disaster or accident. So, when should you review it? Here are some good times to take a closer look.

1. After Making Any Changes to Your Home

If you’ve made any changes to your home, it’s good to review your insurance policy to make sure it still meets your needs. For example, if you’ve renovated your kitchen or added a new deck, you’ll want to ensure that your coverage limits have increased accordingly. This ensures that you won’t be caught short in the event of a claim.

2. When Your Policy Is Up for Renewal

Similarly, if your policy is up for renewal soon, you’ll want to ensure it’s still the best fit for your needs before renewing it – otherwise, you could end up paying for coverage that doesn’t do what you need to.

3. If You Haven’t Reviewed It In a while

Even if you don’t think you’ve made any changes to your home or your policy isn’t up for renewal, it’s still a good idea to review your insurance coverage every few years to ensure everything is still in order. Things can change over time, and it’s always better to be safe than sorry.

4. When You Make a Major Purchase

If you’ve made a significant purchase, such as new furniture or electronics, you’ll need to let your insurer know so that they can add it to your policy. This ensures that you’re protected in case of damage or theft.

5. After Installing Security Systems, Cameras, Etc

Let your insurer know if you’ve made any changes to your home security, such as installing a security system or cameras. Some companies offer discounts for homes with certain security features so that you can save money on your premiums.

As you can see, there are several times when it’s a good idea to review your home insurance policy. eAdvisorPro Property & Casualty LLC in Oakland Park, FL can help you ensure that your policy is up to date and provides the coverage you need. Give us a call today to learn more.


Do all Homeowners Need Home Insurance?

Legally speaking, you can own a home without home insurance. No law in Florida requires homeowners to purchase home insurance. However, if your home is financed by a federal-regulated lender, they may require you to buy home insurance. But does this mean that if you have completed paying off your mortgage you don’t need home insurance? This can’t be further from the truth. eAdvisorPro Property & Casualty LLC advises all homeowners to invest in home insurance for the below reasons:

  • To protect your dwelling: With all the money and time you have spent bringing up your home, protecting it with home insurance isn’t an option. While home insurance doesn’t prevent risks from incurring, it ensures that you don’t incur out-of-pocket expenses when disasters strike in your home. Better yet, at an additional premium, home insurance covers the assets inside your home and structures within your home compound.
  • To cover you against liabilities: If you are held legally responsible for causing property damage or bodily injury to third parties, home insurance can come to your rescue by footing the liability claims.  
  • For peace of mind: You should enjoy your home all the time. But if your home isn’t covered by home insurance, you are always thinking about the possibility of risks wiping your hard-earned investment. Thankfully, you can live a worry-free life if you have home insurance because you know you are covered.

Ultimately, home insurance may not be mandatory, but all homeowners must invest in this coverage. Given that your home means a lot to you, protecting it with home insurance is a no-brainer.

Buy home insurance in Oakland Park, FL 

Looking for a comprehensive home insurance plan in Oakland Park, FL? Please get in touch with eAdvisorPro Property & Casualty LLC for an affordable quote.

Why You Should Create a Home Inventory

Homeowner’s insurance is not a cut-and-dry matter. Depending on the policy you have, you may not get the coverage you would like for all of your valuables and any other possessions you want to be able to replace or repair. That’s why it’s a good idea to start out with a home inventory when you’re about to get insurance from a company such as eAdvisorPro Property & Casualty LLC of the Oakland Park, FL area. 

What is a home inventory? 

A home inventory is a list that details the items in your home that are of importance. You can back this up with receipts, photos, and video so that you have proof of this property.  It can help when it comes to determining how much insurance coverage you should have in place. 

Reasons for Using a Home Inventory

When you go through your house and put together a home inventory, this will help you remember everything you have that you want to have insurance coverage. This is crucial because many people won’t be able to recall every item in their home while in the agency office. This is something you should do on a regular basis (about six months to a year) to have an update on the property you want to add. 

Another reason this is ideal is that you can save time when you go to file a claim. If there’s been a tornado, fire, or some other event that’s caused damage to your home and its contents, you can feel secure knowing you won’t have to pay out of pocket for replacing or repairing most of it. 

If you’re looking for home insurance in the Oakland Park, FL area, eAdvisorPro Property & Casualty LLC can assist you. Reach out for more information and to get started with this process. 

Why should I get home insurance in Florida?

Every year, millions of people come to theĀ Fort Lauderdale, FL area to enjoy the warm sun, nice beaches, and access to many recreational activities. If you would like to move to this area of Florida, the continued demand for housing makes it a great place to acquire a property. If you are going to purchase a home here, you need to get insurance for it. There are several reasons why people in the area should get an insurance policy.

Insurance Protects Most Valuable Asset

A primary reason anyone in Florida should get home insurance is that it will protect your most valuable asset. A Florida property is a very valuable investment that could pay significant dividends in the future. Along with this, it is important that you protect your investment as well as you can. If you get home insurance, it will provide the coverage that is needed to protect your home and financial future.

Insurance Will be Required

You should also get home insurance because it will keep you in compliance with requirements. Property owners all over Fort Lauderdale will have insurance requirements set by home associations, mortgage lenders, and other parties. Not complying with these requirements could be problematic for you. Fortunately, you can easily comply with these requirements by getting the right coverage. 

As you are looking for a home insurance policy in the Fort Lauderdale, FL area, you will want to ensure that you get into a quality insurance policy. If you are looking for insurance here, the team at Coastal Wealth Insurance LLC would be a great resource for you. If you do work with Coastal Wealth Insurance LLC you are going to get the guidance and support that is needed to build or choose a new policy for your home.