There are several factors that will determine the price of your policy. At Cato Insurance Group, we will ask you many questions about your home such as:

  • When was your home built?
  • What kind of roof do you have? (hip, gable, mansard etc. with tile, metal or shingle)
  • Do you have a pool?
  • Do you own a pet?

Other factors that are considered are:

  • Claim history
  • Continuous coverage
  • Coverage limits on the dwelling and personal property
  • The deductibles: the higher deductible the lower the premium, but that increases your out-of-pocket expenses. In Florida, there are two deductibles. One for hurricane and one for all other perils.
  • Credits and discounts: The most common credit is for wind mitigation which can represent a substantial┬ásavings on the premium. Discounts are given for monitored alarms for burglar and fire.

Have questions? Please call the insurance experts at Cato Insurance Group at 1-888-775-CATO (2286).