Combatting Increasing Homeowners’ Insurance Rates in Florida

March 3, 2023

If you are a homeowner in Florida, you may have experienced the frustration of seeing your homeowners’ insurance rates increase over the years. This is a common occurrence, as the state is no stranger to natural disasters like hurricanes, floods, and sinkholes, which can result in costly insurance claims. However, there are steps you can take to combat the rate increase Florida homeowners insurance. For this reason, the experts at home insurance Tampa Bay FL will provide you with helpful tips on how to combat the increasing homeowners’ insurance rates in Florida.

Increase Your Deductible

Increasing your deductible is one way to combat home insurance Tampa Bay FL rate surges. A deductible is an amount you pay out of pocket before your insurance coverage kicks in. By raising your deductible, you can reduce your monthly premium and save money in the long run. However, keep in mind that you will need to be able to afford the higher deductible in the event of a claim.

Maintain Your Home

Maintaining your home can also help curb non renewal Florida homeowners insurance rate increases. Insurance providers may offer discounts for things like:

  • A new roof
  • Hurricane shutters
  • A security system

By making these types of improvements to your home, you can help reduce the risk of damage and demonstrate to your insurance provider that you are taking steps to protect your home.

Shop Around for the Best Rate

It is essential to shop around for the best rate when it comes to home insurance Tampa Bay FL. Rates can vary significantly from one provider to another, so it is worth taking the time to do some research and get multiple quotes. This can help you compare rates and coverage options, and find the best insurance provider for your needs.

HH Insurance | Home Insurance Tampa Bay FL

There are several steps you can take to combat non renewal Florida homeowners insurance rate increases. Remembering to review your policy regularly and make adjustments as needed ensures you are getting the best coverage for your needs at the most affordable price. Avoid the rate increase Florida homeowners insurance and see what the experts at HH Insurance can do for you. At HH Insurance, we take the stress out of looking for homeowners insurance. To learn more about your options, visit our website today!




**This blog provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverage. These definitions do not alter or modify the terms of any insurance contract.