Looking for Florida homeowners insurance companies? This article can help you review your policy and determine the amount of coverage or types of additional riders you will need.




If your home is hit by fire, earthquake, lightning, hurricane or any other disaster, you’ll be forced to either pay for extensive renovations and repairs – or worse, rebuild your home from the ground up.

Sit down with an agent to calculate the cost or value of your home. He will look at size, construction materials, the general neighborhood or even when it was built. The next step is to determine the extent of homeowners coverage you will get. Will the Florida homeowners insurance companies cover the entire estimated amount, or just partial?


Bear in mind that you will need to get separate homeowners policies for damage caused by flood and earthquake. While you can get it from The United States federal government’s National Flood Insurance Program (NFIP), you may get better policies from selected Florida homeowners insurance companies.




What will happen if you lose all your belongings in a fire? Will your Florida homeowners insurance companies help you replace them?


This is called personal property coverage. It includes things you need for everyday life — furniture, appliances, clothes – as well as valuables like art collections or antiques.


To calculate this, you will need to make a thorough inventory of the things you want insured.  Remember to take pictures, too! If you have antiques, paintings or jewelry, get them assessed by a professional to determine their value. Store digital copies of these in the cloud or in an app, or place physical copies in a safety deposit box.


Now, how much personal property coverage will you need? Most Florida homeowners insurance companies suggest that you get at least 50% to as high as 70%. It depends if you have invested in expensive or high-quality items which are worth the additional protection. Also bear in mind that without a specific rider, most providers will only reimburse up to $1,500 per item.




If your home is being repaired or renovated, you will incur hotel and meal expenses that will put an additional strain on your household budget. To prepare for this financial emergency, ask companies for a provision for Additional Living Expenses (ALE).


Your insurance agent can help you determine how much additional coverage you want. In general, ALE is worth 20% of your total home insurance policy, and will only protect you for a few weeks or months. Check with your agent about what the payouts will be in different scenarios.

Another option is to get a loss-of-use clause. This is especially helpful if you need to rent another home for several months until repairs and renovations are complete.

Smart homeowners take the time to properly document their belongings when applying for an insurance policy. Rushing through the documentation process, guessing at values or failing to document all your valuables, could result in losses for homeowners if there is a fire, theft or storm damage. These tips might help you to understand the basic requirements for inventorying personal belongings for a Texas homeowners insurance policy.

Purpose of Home Inventories

Essentially, a home inventory provides documentation and proof of all personal possessions, their condition and values. As a homeowner, it is your responsibility to provide an accurate inventory to an agent, which helps to determine coverage requirements and insurance limits.

Ideally, the best home inventories include a detailed inventory, receipts and photographs or videos of all items to be insured.

Home Inventory Benefits

Homeowners and insurance agents both benefit from complete and accurate home inventories.

  • Homeowners have a current and complete inventory of all their personal belongings and the value of each item.
  • The insurance company has a realistic list of what you own, proof of the condition and value in case possessions are damaged, stolen or demolished in a named disaster in the policy.
  • Having an accurate record of all your personal belongings helps to assure you’ll be purchasing the proper amount of coverage.
  • Taking home inventories helps you to decide whether to choose insurance for cash value or to consider replacement costs.

Recording Personal Property

Including digital photos or videos of all your personal belongings helps to provide a clear image of each piece for insurance. You might use digital cameras to take photos, and consider taking photos from different angles if the item is exceptionally valuable.

Most people take photos or videos of each room separately. This helps to verify the items are physically located in various rooms throughout the home to be insured.

Creating Personal Property Inventories

Documenting your personal items can be time consuming. However, it can pay off if you end up having to make a claim in the future. A complete Texas homeowners insurance inventory should contain information such as:

  • A full description of each item, which includes the room where it’s used, stored or displayed.
  • Manufacturer.
  • Serial number.
  • Model.
  • Cost.
  • Purchase date.
  • Receipt.
  • Video footage or photographs.


It is a great idea to get valuables, one-of-a-kind pieces, antiques, artwork, memorabilia and jewelry appraised by a professional, so you and the insurance company know their true value. In some instances, you also might consider adding a rider to your policy for expensive items that aren’t covered within standard policy limits of your Texas homeowners insurance policy. A new internet resource for obtaining a homeowners insurance policy is at TexasQuotes.com.

Storing Home Inventories for Future Claims

After completing your Texas homeowners insurance inventory, you’ll give one copy to your insurance carrier and keep one for yourself as a backup. Ideally, the smartest place to store your written documents, photos and appraisals is in a safety deposit box.

Storing this valuable information at another location other than your house is very important. If a tropical storm or hurricane should severely damage your house in Texas, you don’t want your inventory proof to be destroyed as well as your personal items.

Updating Home Inventories

After completing your initial inventory, make sure you document all new purchases and delete items that you no longer own. This helps to assure that all your home inventory records remain current with your carrier.