Homeowner's Insurance

Cost-Effective, Comprehensive Homeowners Insurance for Floridians

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Policies for all of Florida, from the Gulf Coast to the East Coast, the Keys to the Panhandle

 

Real estate in Florida is a very hot commodity. That’s especially true in coastal communities, like Sarasota, where the median property value is higher than the statewide average overall. Still, regardless of how much you pay for your property, it’s a cost to you, and you need to maintain it. Homeowners insurance is therefore a very critical household expense that you need to factor into your budget.

Homes need unique coverage, so don’t go blindly into the process of buying a policy. Instead, let Dakkak Insurance help you find a personally-styled policy that perfectly fits the home.

Homeowners Insurance Regulations in Florida

The median home value in greater Sarasota is about $261,000. Regardless of what you paid, that investment would be a lot to lose in case a devastating event destroys your home. People buy homeowners insurance because it will protect them if devastating accidents occur on their property.

That’s why in most cases, mortgage lenders, landlords or other parties will require a dwelling’s occupant to buy homeowners coverage. Since you are not likely the only party who has a financial interest in the property, then by having coverage, you’ll not only protect yourself, but also others. It helps preserve the value and cost risks represented by your belongings and common household liabilities.

Policies for Dwellings and Occupants

There is a myriad of policy options on the homeowners insurance marketplace. Dakkak Insurance is your one-stop shop for homeowners of all shapes and sizes, we offer numerous policy options for:

• Single-family dwelling owners, condo owners, apartment owners and mobile home owners
• Landlords who buy properties to rent to others
• Property owners who share homes with roommates

Since these living situations are very different, your policy must therefore address your needs, not the needs of the house next door. That’s where we can help you get the right policy.

Setting Up Your Coverage

Your home needs to therefore include coverage for the property’s full monetary values and protect against asset liabilities. Most policies therefore contain numerous types of protection, such as:

• Dwelling Coverage: This protection will pay you a settlement to repair or rebuild your house itself following a covered accident. Most policies offer replacement cost value (RCV) coverage which pays you enough money to reconstruct the property at today’s material and labor costs.
• Other Structures Coverage: Detached buildings like a garage, storage shed or fence can also receive coverage. Your policy’s limit will likely be a percentage of the total structure coverage.
• Personal Property Insurance: These policies pay for important belongings like furnishings, electronics and clothing. Policies usually pay the depreciated actual cash value (ACV) of the damaged items at the time of the loss. Some policies offer RCV coverage for an added cost.
• Scheduled Personal Property (SPP) Endorsements: If you need to insure an item of a particularly high value, like jewelry, you can extend an SPP rider to its specific value.
• Liability Coverage: If you cause property damage or bodily injuries to others, like neighbors or guests, then this coverage can compensate them. It also covers your legal costs if they sue you.
• Medical Payments: If someone else’s injury occurs on your property, but was not your fault, then this coverage can still help you compensate them, and potentially prevent lawsuits.

Umbrella Liability Coverage

A standard liability policy will not cover every type of lawsuit or liability accident. Umbrella liability coverage can include additional protection for these situations. It will pay for a variety of claims, such as:

• Slander/Libel/Defamation
• Animal (Pet Bite) Liability
• Social Media Defamation
• Wrongful Deaths
• Rental Property Exposure

The policy will also pay in cases where you exceed the limits of your standard liability policy, such as by providing unlimited attorneys fee coverage.

Flood Insurance Coverage

In most cases, you must buy flood insurance separately from homeowners coverage. Home policies will not cover most water damage, except for perhaps burst pipes. Most flood insurance includes structure and possessions coverage (with their own limits), and comes from the National Flood Insurance Program (NFIP). It will exist alongside your homeowners policies.

Your Opportunities to Save on Coverage

Your Dakkak agent is committed to helping your choose the correct limits, endorsements and deductibles within your coverage to maximize your protection. Still, we also know how to compare numerous policies to see which ones will offer you affordability, discounts and other savings incentives.

Why Choose Dakkak Insurance?

Dakkak Insurance has one goal—to provide dedicated, world-class insurance services to any Florida driver. We’re proudly a family-owned and -operated business, so to us you are family, too. We believe in making it easy for you to get a quote, enroll in new coverage or change your existing policy at the drop of a hat. So, don’t hesitate to put your trust in us, and let us help you get your home insurance today.

• Fill out our online email form, and our agents will contact you immediately.
• Stop by Our Office: 3629 Webber Street, Suite A, Sarasota, FL 34232
• Phone: (941) 923-5800
• Alternate Phone: (877) 921-6630