- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Moving to Florida - Home Insurance/Flood Insurance
Posted on 8/7/25 at 8:41 am
Posted on 8/7/25 at 8:41 am
Are there any endorsements that are needed/recommended for Home insurance? I know I will need a separate policy for flood insurance.
Pricing out a policy with Olympus and saw these endorsements:
- OL HO 5010 - Spartan Enhanced Coverage (Provides broader protection, including for wind-driven rain)
- OIC HO 23 69 - Specified Additional Amounts of Insurance for Coverage A - Dwelling (HO-3) (This is the Extended Replacement Cost coverage)
- OL HO 04 35 - Loss Assessment Coverage (Provides $5,000 for this quote)
- OIC HO 05 99 - Water Back Up and Sump Discharge or Overflow
- Option OL - Ordinance/Law 10%/$ 55,700 (Coverage for new building codes)
Moving from DFW, I was expecting premiums to be much higher on the panhandle.
Pricing out a policy with Olympus and saw these endorsements:
- OL HO 5010 - Spartan Enhanced Coverage (Provides broader protection, including for wind-driven rain)
- OIC HO 23 69 - Specified Additional Amounts of Insurance for Coverage A - Dwelling (HO-3) (This is the Extended Replacement Cost coverage)
- OL HO 04 35 - Loss Assessment Coverage (Provides $5,000 for this quote)
- OIC HO 05 99 - Water Back Up and Sump Discharge or Overflow
- Option OL - Ordinance/Law 10%/$ 55,700 (Coverage for new building codes)
Moving from DFW, I was expecting premiums to be much higher on the panhandle.
This post was edited on 8/7/25 at 8:42 am
3
Posted on 8/7/25 at 8:56 am to Lazy But Talented
It’s fricking expensive. Im in the panhandle and pay $19k
Posted on 8/7/25 at 8:59 am to Ten Bears
Well that seems off...
Do you live in a $10million house?
I'm seeing less than $3k on these policies.
Do you live in a $10million house?
I'm seeing less than $3k on these policies.
Posted on 8/7/25 at 9:50 am to Lazy But Talented
Well that seems off... Do you live in a $10million house? I'm seeing less than $3k on these policies.
Hardly. But I am on the water.
Hardly. But I am on the water.
Posted on 8/7/25 at 9:52 am to Ten Bears
I'm on the water and pay 1k/year in flood
Posted on 8/7/25 at 10:02 am to TheOcean
Do you all mean literally on the water? I will be 3.5 miles inland off of 79.
This post was edited on 8/7/25 at 10:03 am
Posted on 8/7/25 at 10:07 am to TheOcean
quote:
I'm on the water and pay 1k/year in flood
My flood is $1,500
Posted on 8/7/25 at 10:14 am to Lazy But Talented
quote:
Do you all mean literally on the water?
Yes, literally on the water on Pcola Bay
quote:
I will be 3.5 miles inland off of 79.
That would explain the difference in the cost of homeowner's insurance.
I have 2 bad issues working against me. First, I am on the water, but most importantly, I sued my insurance company after Hurricane Sally. While I had to sue, what I did not know is that suing your homeowner's insurance in Florida is like getting a DUI. Very few companies would underwrite the policy. Apparently, this roll off after 5 years and I can get "normal insurance rates" agaiin when I renew later this year.
Posted on 8/7/25 at 10:34 am to Ten Bears
Oh wow. That makes some sense.
Posted on 8/7/25 at 10:53 am to Lazy But Talented
I would seek out an independent agent and get quotes from the various agencies. Your realtor should know a good one who has gotten previous clients good rates.
A good agent would be able to answer any questions about the rates. People in Florida have problems with their policies getting cancelled because some insurers have stopped underwriting policies in Florida. A good agent should be able to point you to a good company that is likely to stick around.
A good agent would be able to answer any questions about the rates. People in Florida have problems with their policies getting cancelled because some insurers have stopped underwriting policies in Florida. A good agent should be able to point you to a good company that is likely to stick around.
Posted on 8/7/25 at 10:58 am to Lazy But Talented
My vacation property is 1500 feet off the beach and don't have flood insurance because I am 50 feet above sea level and not in a cat 5 floodzone. My insurance is the same as my primary residence in a major metro area. It did spike in 2023-24 but its right back to 2021 prices
Posted on 8/7/25 at 11:58 am to Jax-Tiger
quote:
I would seek out an independent agent and get quotes from the various agencies. Your realtor should know a good one who has gotten previous clients good rates.
I went to the underwriter's website directly for one quote then went through a broker for the other quote. I wasn't expecting the broker to give me the same underwriter.
Posted on 8/7/25 at 1:05 pm to Ten Bears
quote:
It’s fricking expensive. Im in the panhandle and pay $19k
Tampa Bay Southshore here. Nearly 3 miles from the waterfront. Flood Zone X. 2021 build and up to most recent building codes.
Between HOI and Flood were at $10K. We have friends closer to the water who can’t find a policy.
Posted on 8/7/25 at 4:19 pm to Ten Bears
(no message)
This post was edited on 8/8/25 at 3:23 am
Posted on 8/7/25 at 8:41 pm to Lazy But Talented
Yes my house is right on the water in Tampa bay. It's raised about six feet. My homeowners is only about 4,500/year. Flood is 1,500.
If my house wasn't raised my flood would be probably 7/8k
If my house wasn't raised my flood would be probably 7/8k
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News