Wind and hurricane coverage typically makes up 50 to 65 percent of a Florida premium, and a $500,000 home in Sarasota proper now commonly runs $4,500 to $6,500 a year in combined coverage, with older coastal homes reaching $6,500 to $9,500. Hurricane deductibles add another layer, often 2 to 5 percent of dwelling coverage, meaning $10,000 to $25,000 out of pocket after a storm before the policy pays anything. Wind mitigation features such as a newer roof or impact windows can cut premiums 25 to 40 percent, so a wind mitigation inspection often pays for itself quickly. Buyers relocating from lower cost states should budget for this line item early rather than after the offer is accepted.
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Our team of local experts is ready to guide you through the home-buying or home-selling process. We are committed to fast, professional, and courteous service to help you understand and feel at ease throughout the entire transaction. Our trained and licensed agents specialize in the Greater Sarasota area real estate market and are prepared to find the right home if buying, and get the best price when you sell.