TODAY I paid the second of two homeowner’s insurance policies for the upcoming year that begins for each of the policies in about 6 weeks. One of the policies ($754.00 for the year) is for all perils except for wind, and the other policy ($949.10) is for wind only. So that’s $1,703.10 combined for the year – or less than $4.67 a day.
Here’s how my annual insurance costs have evolved since I’ve owned my current home (nearly 7 years):
2008-2009 – $1,703.10
2007-2008 – $1,697.30
2006-2007 – $1,922.00
2005-2006 – $761.00
2004-2005 – $703.00
2003-2004 – $701.00
2002-2003 – $707.00
2001-2002 – $331.98
CountUp 
9 replies on “Insuring My Home For Less Than $4.67 A Day”
Hey Chris, we had to have two policies for a while, but then Royal Palm wrote us a policy with equal coverage and cut the price in half. They covered windstorm in the same policy. I also have more square feet to insure here in my townhouse than I did over at Lakeshore with a lower rate through Royal Palm. I believe we have about 1500 sq ft here and had about 960 sq ft at Lakeshore.
We are paying now a little over for what you paid in 2006-2007. Thats without fllod insurance.
I also do not have (or need) flood insurance. I don’t think Lakeshore is in a flood plain either.
We have to have it.
Everyone in Homestead is technically in a flood plain; however, flood insurance is only required when your mortgage company / lender says that it’s required. I live about 15 feet off of the ground (in a 2ND-floor condo unit). It’s not required for me.
As an agent, boy would Ilike to get the chance to talk to you guys about this stuff.
I’d love to talk to you about homeowners’ insurance as well as automobile insurance. I have numerous questions regarding both.
Hey Bill e-mail me your number our insurance comes up for renewal in October. Would like for you to come by and get some quotes for us.
Your on, I’d be happy to help.
Billy