Fort Lauderdale’s two claims to fame are its 23 miles of sandy beaches and its diversity. In fact, more than 100 languages are spoken throughout Fort Lauderdale. Locals know this city is a hidden gem for food aficionados, too. More than 4,000 restaurants and an array of cuisines, anything from Cuban to Filipino.
It’s little wonder so many folks buy property here. If you’re a condo owner in Fort Lauderdale, though, you’ve probably noticed finding affordable condo insurance can be a challenge. We’re happy to offer policies that can fit your budget without compromising protection.
How much does condo insurance cost in Fort Lauderdale?
As a Fort Lauderdale condo owner, you probably already know that Florida has higher-than-average insurance costs. Unfortunately, your city’s location creates extreme wind risk, and that drives up condo insurance premiums.
Keep in mind that your HO6 policy is customized to fit you. It reflects your condo’s age, remodels, and risks. In other words, your price depends on more than your condo’s location. Your building’s characteristics, safety features, and the coverages you choose all play a role.
The best way to know exactly how much your condo insurance policy will cost is to get a quote. It’s fast, free, and easy!
Condo coverage for Fort Lauderdale natural disasters
Condo insurance protects your home against many common home insurance claims, like fire, windstorms, internal water damage, vandalism, and theft. But how does it respond to natural disasters like hurricanes and sinkholes? Let’s find out.
Coverage for hurricane
Most folks in Fort Lauderdale and Broward County remember Hurricane Irma whose unforgiving winds reached 115 miles per hour. From downed trees to torn roofs, residents looked to the insurance to help cover the cost of repairs. Hurricane insurance is included in every condo policy. When a named storm damages your home, your hurricane deductible will apply.
Coverage for sinkholes
Under beautiful city streets and homes, there are massive limestone deposits throughout Florida. Fort Lauderdale is no exception. Saturated limestone erodes and causes the top soil to collapse. If your condo is above the erosion, you might see caving floors, buckling walls, and cracked ceilings. Our policies include catastrophic ground cover collapse coverage at no additional cost to protect you in worst-case sinkhole scenarios.
How to keep Fort Lauderdale condo insurance affordable
To lower your insurance premium, try out different deductibles. The higher the deductible, the lower your premium will be. But make sure you are comfortable covering that cost out-of-pocket – claims can happen at a moment’s notice, and you don’t want to be unprepared.
We also offer condo insurance discounts for:
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Having wind mitigation features.
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Installing fire protection systems.
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Opting for an electronic policy.
Get the right condo insurance policy for the best price. Get a quote today.
