Florida Homeowners Insurance

Whether you own a house, condominium or townhouse, for most people
their home is their most important investment. Bauknight Insurance of
Spring Hill, FL and Hudson, FL offers Florida homeowners insurance
policies that have flexibility to meet your individual needs and above all,
provide you with the security that comes only from the knowledge that your
home is safe. Insurance for your home is one of the most popular and
important forms of personal insurance and the typical Florida Homeowners
Insurance policy has two main sections:

Section I - insurance coverage for your property

Section II - personal liability coverage (to cover you in case of lawsuits arising
from things that happen on your property)

Homeowners insurance is often required by lenders to obtain a mortgage
and nearly everyone, whether you own or lease property, should have the
protection of homeowners insurance.

Florida Homeowners Insurance FAQ

Click on the link below to fill out a secure quote request form for a Florida
Homeowners Insurance policy that will provide excellent insurance coverage
at an affordable cost. Or you can speak with our Florida Homeowners
Insurance specialist at (352) 686-0612 or (727) 863-5641 to discuss the
policy features in more detail.

Click here to fill out a

Florida Homeowners Insurance

policy quote request form

We are a Florida based two location insurance agency offering affordable Florida
homeowners insurance policy premiums in the following cities and counties:
Spring Hill, Hudson, New Port Richey, Holiday, Brooksville, Aripeka, Bayonet Point,
Port Richey, Gulf Harbors, Elfers, Anclote, Tarpon Springs, Palm Harbor, Land O'
Lakes, Masaryktown, Garden Grove Esates, Spring Lake, Weeki Wachee,
Bayport, Brooksville, Istachatta, Pineola, Nobleton, Bushnell, Sumterville, Center
Hill, Webster, Linden, Mascotte, Tarrytown, Ridge Manor, Catherine, Trilby,
Lacoochee, Dade City, Blanton, San Antonio, St. Leo, Zephyrhills, Crystal Springs,
Wesley Chapel, Pasco, Darby, Odessa, Richland, Lumberton, Homosassa
Springs, Hernando County, Pinellas County, Citrus County, Hillsborough County,
and Pasco County, FL. We can also offer our Florida homeowners insurance
coverage services throughout the sunshine state, including in Winter Haven,
Lakeland, Miami, Orlando, Tampa, St. Petersburg, Ocala, Tallahassee, Ft.
Lauderdale, and Jacksonville, FL.

Personal Liability in Florida Homeowners Insurance

Personal liability in a Florida homeowners insurance policy is also an important part
of having security from accidents that may occur on your property. We suggest
you choose coverage limits that are not less than those on other liability insurance
you own, such as car insurance.

Florida Homeowners Insurance Policy FAQ

Click on the link below to fill out a secure quote request form for a Florida
Homeowners Insurance policy that will provide excellent insurance coverage at
an affordable cost. Or you can speak with our Florida Homeowners Insurance
agent specialist at (352) 686-0612 or (727) 863-5641 to discuss the policy
features in more detail.

Click here to fill out a

Florida Homeowners Insurance

policy quote request form

Replacement Cost or Actual Cash Value Option in a
Florida Homeowners Insurance Policy

Covered losses under a Florida homeowners insurance policy can be paid on either
a replacement cost basis or on an actual cash value basis. When "actual cash
value" is used, the policy owner is entitled to the depreciated value of the damaged
property. Therefore, the older the item is, the less money you may receive for it. If
you choose the "replacement cost" coverage, the Florida homeowners insurance
policy will reinburse the amount it costs to replace the property with something of a
similar type and quality at current prices.

All Risks or Named Perils in Florida Homeowners Insurance

An "All Risks" policy provides the broadest Florida homeowners insurance protection
because it will cover losses that are due to any peril except those specifically excluded
in the policy. A "Named Perils" policy covers losses that are due to only those perils
listed in the standard Florida Homeowners Insurance policy and typically include fire,
hail, windstorm, and other physical losses.

Florida Homeowners Insurance Policy FAQ

Click here to fill out a

Florida Homeowners Insurance

policy quote request form

Coinsurance Penalty in Florida Homeowners Insurance

If your policy limit is less than 80% of the replacement cost of your home, you will
face a "coinsurance penalty," which means you'll have out-of-pocket expenses to
cover costs beyond the policy deductible you chose. For example purposes we will
assume your home's estimated replacement value (RCV) is $100,000. The co-
insurance clause requires you carry at least $80,000 (80% of your RCV). If you
chose to purchase only a $40,000 Florida Homeowners Insurance policy you would
be underinsured by half. Therefore, in the example the insurance company would
pay one-half of a loss less the policy deductible, so if you suffered a $10,000
covered loss to your house, condominium or townhouse and had a $500
deductible, your policy would only pay $4,500.

Florida Homeowners Insurance Policy FAQ

**The information, pictures, and other content in this website about particular insurance
services is only provided for informational purposes. Any decisions regarding your
insurance needs should be discussed with a licensed insurance agent.

Personal Liability

All Risks or Named Perils

Coinsurance Penalty

Replacement Cost or Actual Cash Value

Florida Homeowners Insurance Policy FAQ

Replacement Cost or Actual Cash Value

All Risks or Named Perils

Coinsurance Penalty

Personal Liability