Is homeowners insurance required in Florida?

Homeowners insurance is not required by law in Florida, but if you have a mortgage, your lender will likely require you to carry homeowners insurance to protect their investment.

How does liability coverage work in homeowners insurance?

Liability coverage in homeowners insurance protects you if someone is injured on your property or if you unintentionally cause damage to someone else’s property. It covers legal expenses, medical costs, and potential settlements.

What perils are covered by homeowners insurance?

Homeowners insurance covers a range of perils, which may include fire, theft, vandalism, windstorms, hail, lightning, and more. However, certain perils like floods and earthquakes are usually excluded and require separate coverage.