Affordable Home Insurance in Destin, Florida
Learn how to find reliable homeowners insurance in Destin.
Finding Homeowners Insurance in Destin, Florida
Destin, part of the Florida Panhandle, was once an island, but sea level changes have gradually connected it to the mainland. Located on the Emerald Coast, it’s famous for its sugar-sand beaches and sparkling emerald water. It’s little wonder so many Floridians call this city home.
Also known as “The World’s Luckiest Fishing Village,” Destin has one of the largest fishing vessel fleets in all of Florida. Its residents are all too familiar with the sea’s power, as hurricanes often hit the Panhandle’s coast. That reality impacts homeowners insurance rates in the area, though you may be able to save with Kin. Our policyholders pay $1,128 a year on average for home insurance.
Destin Home Insurance Costs
As a Destin homeowner, you’re probably familiar with the high cost of Florida homeowners insurance – the state’s average premium among all carriers is $1,951 a year. Kin has worked hard to build an affordable policy that addresses key concerns for the region. The result is a policy starting as low as $907 a year – well below the state’s average.
Compare the average premiums of other home insurance providers in Destin below. These rates are based on the value and construction of the home.
|Average Destin Home Insurance Premiums by Carrier x Home Value|
|Value of Home||Kin||Security First||Universal Property & Casualty Insurance Company||Tower Hill Preferred||State Farm|
|$150k, Pre-2001 Construction, No Wind Mit||$1,291||$2,143||$2,820||$3,332||$3,483|
|$150k, Pre-2001 Construction w/ Wind Mit||$907||$1,434||$1,281||$1,786||$2,223|
|$300k New Construction||$1,186||$2,512||$2,502||$3,177||$3,934|
The chart above is just to give you an idea of how different factors impact premiums (including the provider you choose). Your homeowners insurance premium will vary – it depends on the age, size, construction type of your home, your claims history, and 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
- Replacement-cost dwelling coverage: The cost to rebuild your home after it is damaged or destroyed.
- Other structures coverage: The amount to rebuild or replace other structures on your property, such as garages, sheds, and guest houses.
- Personal property coverage: The amount you have to replace personal belongings after a covered incident.
- Loss of use coverage: An allowance for temporary relocation costs if a claim makes your home uninhabitable.
- Personal liability coverage: Payment for legal expenses when you’re sued over causing injuries or property damage.
- Medical payments coverage: The amount to cover minor injuries for guests at your home.
Your Kin representative can customize your policy with endorsements, too. Just ask!
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 will not cover the losses resulting from storm surge; you flood insurance for that.
Kin offers a flood insurance endorsement, 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
- 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.
Start Saving on Your Home Insurance