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Published at Wednesday, May 30th, 2018 - 02:51:33 AM. Homeowners Insurance. By Durand.

Excerpt from Florida HomeOwners Insurance Coverage - An Understanding You Could Use :

Florida homeowners insurance coverage. What should you do with this information in your Florida homeowner insurance to your advantage? Different insurers will have different margins they consider profitable, different administrative costs, different biases, different weighting systems and stuff like that. This will mean a disparity in Florida homeowner insurance quotes returned by different insurers for similar profiles and coverage needs.

Florida homeowners insurance coverage. An insurance company will be able to fulfill its obligation and still turn a profit for profile B if they charge a premium of $160 per annum per insured person. This won't be feasible for profile A (Which has more claims) as that will mean the insurer runs at a loss. Therefore, they may be compelled to take as much as $650 or more in this case to turn a profit.



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