Monday, March 09, 2009

Want to Save Money on Your Florida Homeowners Insurance?

Now tell me which one of you folks who owns Real Estate in Florida does not want to save money on your annual homeowners insurance premium? I certainly do and you know what I really did!! My insurance agent of choice Dianne Neuendorf has helped many of my clients purchasing real estate in Palm Harbor, Dunedin, Clearwater, New Port Richey, Crystal Beach, Hudson and all around the Tampa Bay area. Dianne has also helped lower some friends monthly payments subsantially by lowering their insurance premiums to help them keep their homes. How great is that!

Dianne suggested I have a wind mitigation survey and a 4-point inspection done of my house to make sure I was being credited for all the possible reductions that take down the expense of your HO insurance. So in comes my friend and Home Inspector of choice Brad Garey from Brad Garey Home Inspections to the rescue. He comes over and in less than an hour he completes these 2 inspections for me and voila we submit them to Dianne and she does her magic and my quoted premium drops $1000 for the year!! Now Dianne says the savings are usually in the mulitple hundreds and that was a very large savings but isn't that terrific!!

Here are the facts:

If you think that this is to good to be true I urge you to please contact your insurance agent and ask them if they provide discounts based upon a Wind Mitigation Affidavit and/or 4-point home inspection. According to Florida Statute 627.0629, ALL insurance companies are required to offer Florida homeowners "discounts, credits, or other rate differentials..." for particular construction techniques that help to reduce wind damage caused by hurricanes, tropical storms and other windstorms related claims. These discounts apply to home built prior to 2002 (when new building codes were introduced, because of Hurricane Andrew), as well as newer constructed homes. This also applies to condominiums, townhomes, commercial buildings, etc… A Wind Mitigation and/or 4-Point inspection are required, but the process takes less than an hour, and the report is presented to you at the end of the inspection process.

For those of you in the Tampa Bay Area and you need someone to do your inspections I have to recommend Brad Garey Home Inspections. Brad can be reached at 727.424.9078. Just tell him Patty sent you!

And for anyone that needs a second opinion or price quotes for insurance I recommend you call Diane Neuendorf at my awesome Insurance Agent who works really hard to get competitive rates for everyone! Her number is 727-505-5879.

Make it a great day and lets go out and save some money!


1 comment:

Patty Neri said...

This just in.....I just found out that some Insurance companies have different requirements for doing these wind mitigation inspections, where some like Citizens Insurance will take the license of a Home Inspector who are the guys in the trenches doing these types of inspections, others like Universal Insurance have requirements that the inspector has to be a licensed Building Contractor, who I am sure are busy building and not inspecting for the most part! Any way, make sure you discuss the requirements with your Insurance agent so everyone is on the same page. The discounts are still great and worth it!