Located on the Emerald Coast, Destin was once an island. But as sea level changed, the town gradually connected to the mainland to become part of the Florida Panhandle. Now Destin is famous for its sugar-sand beaches and sparkling emerald water. It’s easy to see why so many Floridians call Destin home.
But living in “The World’s Luckiest Fishing Village” does come with some drawbacks. One of the biggest? Hurricanes pummeling the Panhandle's coast. Unfortunately, that reality impacts homeowners insurance rates in the area.
How much is home insurance in Destin?
As a Destin homeowner, you’re probably familiar with the high cost of Florida homeowners insurance. The Sunshine State has seen home insurance rates go up significantly over the years, until it now sits at the top of the list for average annual premium: $2,165.
Unfortunately, home insurance premiums in Destin are probably at or above the state’s average. Not only does Destin have extreme wind risk because of its coastal location, but it also has a higher-than-average rate for property crime.
But these aren’t the only factors that impact premiums. Your homeowners insurance premium might vary depending on the age, size, and construction type of your home, as well as your claims history, deductible choices, and other factors.
The best way to know how much your Destin home insurance will be? Apply for a quote.
What Destin home insurance covers
If you buy an HO3 policy when shopping for homeowners insurance in Destin, Florida, your policy will offer:
Your Kin representative can customize your policy with endorsements, too. Just ask when you call 855-717-0022.
Covering Destin's big risks
A standard homeowners insurance policy covers basic perils – things like fire, theft, and wind damage. Aside from these standard perils, every homeowner in Destin, Florida should look at how their insurance covers them for major catastrophes such as hurricanes, floods, and sinkholes.
Destin hurricane coverage
In 2018, Destin felt the effects of Hurricane Michael. Although Destin was west and didn’t receive a direct hit from the storm, it experienced heavy winds and damage from fallen trees and flying debris. This part of the Panhandle could experience devastating damage after a hurricane’s direct hit.
Fortunately for Kin policyholders, hurricane insurance is included. This coverage pays for damage caused by fierce hurricane winds. Your Kin representative will recommend a hurricane deductible that fits your needs – you have several options to choose from.
Destin flood insurance
As a low-lying coastal city, Destin is subject to storm surges and flooding. Hurricane insurance seldom covers the losses resulting from storm surge; you flood insurance for that.
We offer a flood insurance endorsement that's an affordable alternative to a separate flood policy that offers broader coverage, too. Ask your representative about it.
Sinkhole coverage in Destin
In 2018, a water main break on a busy street in Destin created a sinkhole. It was a dramatic reminder that Destin, like most parts of Florida, is prone to sinkholes from the massive limestone deposits in the ground.
Homeowners without sinkhole coverage are liable for their own home repairs to the foundation and structure of the home. Talk to your Kin representative about adding sinkhole coverage to your policy.
Tips for reducing Destin home insurance costs
If you are looking for ways to save on your home insurance, know that you can get easy discounts from Kin if you:
- Installed security devices, smoke detectors, and leak detection systems.
- Have strong wind mitigation measures in place.
- Live in a secure community.
- Have a newly built home.
- Opt for an electronic policy.
Of course one of the best ways to save is to avoid claims. If the cost of a repair doesn’t exceed your deductible, it’s probably not worth making a claim.
If you have any questions about getting insured in Destin, call us at 855-717-0022. But if you're ready to see what Kin can do for you, go ahead an start a quote online.
