Homeowners Insurance Miami, FL

Homeowners insurance is necessary to safeguard your family, home, and belongings. At FIB Insurance, we make it affordable to protect what matters most. Your home is where your heart is, and most likely where your most important assets are. Let us help you get the affordable home insurance coverage you need to protect your home in Miami, Pembroke Pines, and the surrounding areas. With the right policy, you can rest easy knowing that your biggest investment is insured.

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Do You Need Homeowners Insurance?

Homeowners insurance isn’t a luxury. It is a necessity policy that protects your home and possessions against damage and theft. Furthermore, home insurance coverage for the full or fair value of your property is something that nearly all mortgage companies require borrowers to have. Obtaining a mortgage in many cases will not be possible without proof of home insurance coverage.

You don’t even have to own the home in order to need insurance. Many landlords require their tenants to maintain renter’s insurance coverage as well, which our team at FIB Insurance is more than happy to provide you with!

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Types of Policies We Offer

  • Homeowners Insurance
  • Renters Insurance
  • Apartment Insurance
  • Condo Insurance
  • Builder’s Risk Insurance
  • Landlord Insurance
  • Flood Insurance
  • Hurricane & Wind Insurance
  • Coastal Insurance

Whether you own or rent a home, apartment, condo, or mobile home, our agents can help you find the best policy that accommodates your needs.

Why FIB Insurance?

At FIB Insurance, our goal is to help homeowners in the Miami and Pembroke Pines areas find the homeowners insurance policies that satisfy their needs, lifestyle, and budget. With over 20 years of experience in the insurance industry, exceptional customer service, a variety of insurance products, generous discounts, and highly competitive rates, we can help you find an affordable policy and ensure your most valuable assets are protected.

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Protect Your Home & Possessions

Homeownership is exciting, but it’s important to be prepared to face the risks and challenges that come with it. A standard homeowners insurance policy can cover damages caused by a range of unexpected events, including:

  • Fire and smoke damage
  • Hail damage
  • Theft
  • Water damage
  • Damage from falling objects
  • Vandalism
  • And more

In addition to covering property damage, a home insurance policy can also cover your valuable belongings, from furniture and appliances to jewelry and family heirlooms.

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More Coverage Options

Home insurance can go beyond protecting your property and belongings. Other coverage options include but are not limited to:

  • Expense Reimbursement: Covers additional expenses, such as living expenses, that you may face after a covered loss. For example, if a fire destroys your home and forces you to temporarily live in a hotel, this coverage can reimburse those expenses.
  • Personal Liability: Liability coverage can be extremely important if someone is damaged on your property or by your property. Liability covers medical and legal expenses if someone is injured on or by your property.
  • Umbrella Insurance: Personal umbrella insurance provides coverage beyond your homeowner policy by adding an extra layer of liability coverage. Coverage is provided in amounts of $1,000,000 increments and kicks in when your existing coverage ends. Umbrella insurance also covers situations that may not be covered by another policy such as slander or libel.

Homeowners Insurance FAQs

Here are the answers to some of the most common questions we receive about homeowners insurance in Miami, FL. If you have any questions about your policy or coverage options that aren’t included below, contact us today to speak with one of our knowledgeable agents.

Is homeowners insurance required by law in Florida?

No, homeowners insurance is not required by law in Florida. But just because it isn’t legally required doesn’t mean it isn’t necessary. Mortgage lenders often require a home insurance policy for financing. Landlords and property management companies may also require renters to have an active homeowners or renters insurance policy before approving their application. Even if it isn’t required, homeowners insurance is an affordable way to protect your property and other assets.

How much coverage do I need?

If you are a renter, be sure to check with your landlord or property management company to determine the minimum amount of coverage required. Otherwise, the amount of coverage you need depends on several factors including:

  • The market value of your property
  • Your home’s estimated replacement cost
  • The location of your home
  • The replacement cost for valuables

These factors should be major considerations when determining what level of coverage you need. Generally, it is recommended that homeowners insure their home for the entirety of its estimated replacement cost.

Do I also need flood insurance?

As most homeowners insurance policies do not provide protection against flooding, taking out a dedicated flood insurance policy can be a good idea. Flood insurance offers coverage for structural and mechanical damage, debris clean-up, floor surfaces (like carpeting and tile), and other damages caused by flooding. If you live in a flood zone, our agents can help you find an affordable policy to cover damages from flooding.

Are there coverage limits?

Homeowners insurance policies typically have special coverage limits placed on certain types of losses. This often applies to valuable items like cash, jewelry, rugs, trailers, and similar items. If you need higher coverage limits for specific items, our experienced agents can work with you to customize your policy and ensure you get the protection you need.

What if my home is being rebuilt or repaired?

If you find yourself forced out of your home while it is being rebuilt or repaired, living expenses coverage can help. This coverage offers reimbursements for rent, hotel room meals, and other incidental costs you incur while waiting for your home to become habitable again.

Why should I purchase renters insurance?

As a renter, you have the same risk of losing your personal property due to covered perils such as fire, hurricane, water damage, and theft as the homeowner. Renters can also be held responsible for damage to someone else’s property or for an injury to a guest in their home. A renter’s policy will cover you for property loss, liability claims, and even help you be relocated with loss of use should your rented home be damaged by a covered peril and be uninhabitable.

What factors affect my premium rate?

Factors that impact your premium rate may include:

  • The estimated replacement cost of your home
  • Location
  • Pools, hot tubs, and trampolines
  • Claims history
  • Marital status
  • Age of home
  • Home security measures
  • Pets
  • And more

Essentially, anything that adds to the value of your home, increases the likelihood of property damage, or increases the potential of injury while on your property can affect your monthly premium.

Request a Home Quote

To find out more about our homeowners insurance policies, potential discounts, and other insurance products, call us today with any questions or request a quote online.

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We specialize in more than Homeowners Insurance! Take a look at our other coverage options below.