Harris Insurance is FOR Real Estate Professionals

A common misconception is that insurance policies are the same and protect against the same things but policies are highly individualized. Neighbors can have drastically different premiums due to claim history, credit and discounts not to mention the specifics of the structure itself. The saying "you get what you pay for" is misleading because price is not indicative of the degree of protection. Insurance is an unique & critical product. It doesn't cost any more to use a licensed professional for guidance and choosing the wrong one could cost you dearly.

Knowing your client's intentions for the property is important to be properly protected. Primary/Secondary residences and whether or not the property will be vacant or rented matters. Valuation is also important. Many insurance companies will not pay more than what is stated, as replacement cost commonly describes the method used in arriving at a value and not the description of coverage. After a catastrophic event, the cost of materials and labor may also be elevated. Not having the proper protection can hurt you when you need it the most.

All homes built before 2002 should have a Wind Mitigation Inspection. Our experience is that most homes qualify for significant discounts with this inspection. The only way to realize these discounts are for a licensed contractor to verify the home’s features through a current inspection with color photos.

This is another much needed inspection for homes as they age. Insurance companies have various requirements for updates and expected remaining life of a structure’s roof, HVAC, wiring, and plumbing. The Four Point Inspection performed by a licensed Florida contractor, verifies the condition of these critical components which enables more markets to compete for the business.

Flood is a threat anywhere it rains. A common misconception is that a dwelling is “not in a flood zone” but 20% of flood losses (1 in 5) occur in "preferred" zones and in areas that have not flooded in the past 100 years. There are many options to consider and we are happy to provide free flood zone determinations for realtor referral partners for their listings.