Naples is one of the most beautiful cities in Florida. It has white sandy beaches, low crime rate and fun activities within a short driving distance. For city information click here. When buying a home in Naples, you will want to consider the cost of the average homeowners insurance. Unfortunately, Naples endures hurricanes, floods and sinkholes frequently. As a result, you will end up paying a higher homeowners insurance fee for living in Naples. However, the average homeowners insurance in Naples is comparable to the entire state of Florida. Your home insurance cost will range from $1,300 to $4,800 a year. This cost will vary greatly based on the type of home you purchase. Below is a list of cost base influences.
Influences on Cost:
- Home size
- Type of construction
In addition to this list, you will want to consider the type of materials that are in your home. For example, particle board cabinets will be cheaper to replace than wood cabinets. Another example would be the type of flooring you put into your home. A customized piece in your home will make it more expensive to replace. This is why you will definitely want an insurance agent to come assess the homes value. You will want to tailor your home insurance quote to fit your home and needs. Because Naples endures frequent hurricanes you will want to protect your home and assets with a tailored quote. It is recommended to build off of your basic homeowners insurance. Some of the basic insurance policies should cover the following:
- Loss of coverage: This is the insurance covering the cost of you going to a hotel while your home is repaired
- Personal property coverage: This covers the cost of the damage to your personal property
- Replacement dwelling: Coverage of re-building your home
- Personal liability: You will need this coverage if a tree in your yard falls into your neighbors property. If your neighbors property is damaged this will cover that repair work
Because homeowners insurance can be expensive you will want to think of ways to reduce the cost. There are a few ways you can lower your cost and protect your home even further.
Lowering the cost:
Fortunately, homeowners insurance cost can lower based on a few factors. One way to do this is if the homeowner decides to put protective devices into the home. For example, security systems, smoke alarms and water mitigation. Because Naples deals with frequent hurricanes, you can install wind minimizing measures. An example of wind protection would be impact windows and doors. Another way to lower the cost would be to live in a community that has a gate. The gate does not need to have a guard for it to lower the cost of the insurance.
You can also lower the cost by choosing newer construction. A home built in 1980 will cost more than a home built after 2001. Lastly, you can lower the cost by opting to manage your account online and putting in as few claims as possible. The cost of living in Naples is well worth the average home insurance cost. Naples offers you beautiful beaches and a well rounded community. Fortunately, there are qualified insurance agents that can help guide you through this process with ease. Choosing a new home is important and choosing the right homeowners insurance can give you piece of mind. Click here to speak to a qualified agent.