Among home insurance in Florida, the HO3 policy is the most common. Undoubtedly, the home is one of the main sources of economic value and protecting it, is a must. For this reason and because of the dangers of natural disasters that haunt Florida, in this state having a homeowner’s insurance is mandatory.
In Dulcinea Insurance we offer the best options. Dial the 786-910-9487 and a professional agent will quote for free and allow you to get the cheapest offers.[toc]
HO3 home insurance coverage
HO3 is also known as a standard policy. This includes different types of coverage. For example, it covers the structure of the house, the belongings, the civil responsibility and the additional expenses. Here we will detail some aspects, and if you have other questions, you can call us and we will gladly help you.
Coverage of housing structure
This coverage is designed in the case that the house suffers damages (flood, earthquake, and damage caused by lack of maintenance are excluded). There are several disasters, mentioned in the policy, that are covered.
It is always positive that the client makes a full reading of it. Structures attached to the house are covered with 10% of the total insurance and if the insured needs more coverage, they can request it and pay for it.
Coverage of personal belongings
Similarly, HO3 home insurance covers personal belongings. That includes personal belongings, jewelry, trees and plants. We need to clarify that these have a specific coverage and some exclusions, which can be read in your policy. If you wish, you can also extend the coverage through endorsement.
Liability protection protects you against claims for physical damage or property that you cause to another person. The liability limits starts at 100 thousand but experts recommend coverage of 300 thousand to face all the contingencies that may arise.
It, even, has a standard protection between 1,000 and 5,000 usd for medical payments in case that a person outside his home suffers damages inside it.
Coverage of additional expenses
The other basic coverage within HO3 is the additional expenses. This arises from the fact that you, for example, have to leave your home because of a fire. Expenses incurred for this, including hotel and meals, are covered. Undoubtedly, it is very useful. In the same way, if you want to extend it, you can do it by endorsement.
At Dulcinea Insurance, we are ready to help you for free with the registration of the best home insurance. And, of course, with the HO3 policies. We await your call by 786-910-9487 to help you today.