How to buy a HUD Home in Florida for just $100.00 as your down paymentOnly a $100 down? Seems too good to be true, but it’s the real deal. Right now, HUD is committed to making
There is actually NO such thing as "Hurricane Insurance" and its actually a combo of added insurance benefits. If you live in an area where storm surge would not be present a standard policy in combination with a windstorm policy may give you the coverage needed in a Hurricane. When rising waters would be a factor Flood policies would come into play. Did you know In Florida, 1.7 million government flood policies were in force as of Mid 2017. More Floridians own the policies than residents in any other state. Even so less that 20% of homes in the state are insured by a flood policy.
Having a homeowners policy when flood insurance is not required does not necessarily mean you will be covered in a catastrophic weather event.
WHAT IS/ISN’T COVERED
Damages typically covered by homeowners insurance:
Damages typically not covered by homeowners insurance:
Note: This list is based on available data for most standard polices, your's may differ and a conversation with you insurance agent to clarify is recommended.
So hit the ground running with this up to date info in hand! Stop by and like my Facebook page for ongoing info as well @smithrealtytampabay
Latest Blog Posts
#Sanford buyers and #Investors, are you ready? This 3/1 block house is a great deal at $71k. Owner occupants can purchase this home, do repairs, and close with just $100.00 as your down