Florida Home Insurance Glossary

Florida home insurance has its own language. Hurricane deductibles, wind mitigation credits, roof payment schedules and flood zones can change what you pay and how a claim is handled. This glossary explains 92 terms Florida homeowners ask about, in plain English, with Florida examples.

Written and reviewed by the licensed agents at Manchester Insurance, an independent agency in Stuart, Florida. Last reviewed November 2026.

These definitions are general information, not legal advice. Your policy's own wording decides how coverage applies, and rules vary by insurance company.

Florida Wind and Hurricane Insurance Terms

Wind is the biggest driver of home insurance cost in Florida. These terms explain hurricane deductibles, the features that help a home stand up to storms, and how Citizens and storm-related rules affect your coverage.

Common questionWhat is a hurricane deductible in Florida?

Hurricane deductible

A hurricane deductible is the amount you pay toward a covered hurricane claim before your insurance company pays the rest. On most Florida home policies, it is separate from your regular deductible. It is often a percentage of your dwelling coverage (Coverage A), not a flat dollar amount. Common choices are 2%, 5% or 10%, and some policies also offer $500. Your declarations page shows the deductible in dollars.

How it works during a season

For most Florida home policies, the hurricane deductible works on a calendar-year basis with the same insurance company or company group. If a second hurricane damages your home in the same year, what you already paid toward the first storm can count toward the second.

It applies to damage from a storm the National Hurricane Center has declared a hurricane, during a time window tied to the hurricane watches and warnings issued for Florida. Damage from a tropical storm that never becomes a hurricane generally falls under your all other perils deductible instead. The Florida Department of Financial Services explains these rules in its hurricane deductible guide. Your policy wording controls how it applies to you.

Example: Your home is insured for $400,000. A 2% hurricane deductible is $8,000. A 5% deductible is $20,000.

Is a higher hurricane deductible worth the lower premium?

It depends on your savings and your comfort with risk. A higher deductible usually lowers your premium, but you pay more after a hurricane. Make sure you could cover the dollar amount before you choose it. Our hurricane deductible calculator shows the dollar figure for your home.

Do I pay the hurricane deductible for every storm?

Not always. On most Florida home policies it applies once per calendar year with the same company or group. For a later hurricane that year, you generally pay the greater of the unused part of your hurricane deductible or your all other perils deductible. Check your policy for the exact wording.

Does the hurricane deductible apply to flood damage?

No. Flood damage, including storm surge, is not covered by a standard homeowners policy. It is covered by a separate flood policy, which has its own deductible.

Try our hurricane deductible calculator

All other perils deductible (AOP)

Also called: AOP deductible, standard deductible

The all other perils (AOP) deductible is the amount you pay toward most covered claims that are not caused by a hurricane. It is usually a flat dollar amount, such as $1,000 or $2,500. It applies to covered losses like a kitchen fire, a burst pipe or theft, based on your policy terms. A higher AOP deductible can lower your premium, but you pay more when you file a smaller claim.

Example: A covered pipe leak causes $6,000 in damage. With a $2,500 AOP deductible, you pay the first $2,500 and the policy pays the rest, up to your limits.

Related terms: Hurricane deductible, Deductible, Roof deductible

How deductibles and coverage choices affect your price

Named storm

A named storm is a tropical storm or hurricane that the National Hurricane Center has given a name. You will see the phrase in some policies and in storm-related binding rules. On most Florida home policies, the special storm deductible is a hurricane deductible, which is tied to hurricanes. Some other policies, such as certain commercial, boat or surplus lines policies, use a named storm deductible instead, which can also apply to tropical storms. Your policy defines which one you have.

Florida homeowners insurance

Windstorm coverage

Also called: Wind coverage

Windstorm coverage pays for covered damage caused by wind, including hurricane winds. Most Florida home policies include it. Some homes, often near the coast, have a policy that leaves wind out, and the owner buys wind coverage separately, sometimes from Citizens. Mortgage lenders typically require wind coverage on homes they finance.

Florida homeowners insurance

Wind exclusion

Also called: Ex-wind or wind-excluded policy

A wind exclusion means a policy does not cover damage caused by wind or hail. In Florida, this setup is more common on some coastal or higher-value properties. The owner then needs a separate wind policy to be protected from hurricane wind. If you have two policies, check that the limits and deductibles fit together so there is no gap.

Example: A Hutchinson Island home has a homeowners policy that excludes wind and a separate wind-only policy. Hurricane roof damage would go to the wind policy, not the homeowners policy.

Insurance for high-value and waterfront homes

Common questionWhat is a wind mitigation inspection?

Wind mitigation inspection

Also called: Wind mit, uniform mitigation verification

A wind mitigation inspection is a home inspection that records the features that help your home resist hurricane winds. A qualified inspector fills out Florida's standard form, called the OIR-B1-1802. It checks seven things: building code, roof covering, roof deck attachment, roof-to-wall connection, roof shape, secondary water resistance and opening protection. Many insurance companies use the report to price a home, and many give credits for features that qualify. The amount varies, and a lower price is not guaranteed.

When to get a new report

A report is generally accepted for up to five years, as long as the home has not materially changed. A new roof, new impact windows or new shutters are good reasons to get an updated report. Some companies set their own rules on how recent a report must be.

Example: Two similar Port St. Lucie homes are quoted by the same company. One has a report showing a hip roof, roof straps and impact windows. The other has no report on file. The home with documented features may qualify for more credits.

Is a wind mitigation inspection required?

Usually not. It is optional for most policies, but it is the main way to show the features that may earn credits. Some companies may ask for one. Requirements vary by insurance company.

Will a wind mitigation inspection lower my premium?

It may. The result depends on the features your home has and how your insurance company rates them. A home with few qualifying features may see little change.

How is it different from a four-point inspection?

A wind mitigation inspection looks at storm features that may earn credits. A four-point inspection looks at the condition of the roof, electrical, plumbing and heating and cooling systems to help a company decide whether to insure the home. Our inspection guide compares them side by side.

Wind mitigation vs. 4-point vs. roof inspections

Wind mitigation credits

Also called: Wind mitigation discounts

Wind mitigation credits are premium discounts some insurance companies give when a home has documented wind-resistant features. They are based on your wind mitigation report and usually apply to the part of the premium tied to wind. Roof shape, how the roof is attached and opening protection often matter most. Each company sets its own credits. If a feature is not on your report, the company may not know your home has it.

How wind mitigation features affect your price

Opening protection

Opening protection means products that protect windows, doors, garage doors and skylights from flying debris in a storm. Examples include impact-rated windows and doors and approved hurricane shutters. On the wind mitigation form, the best rating generally requires every opening to be protected with impact-rated products. If even one opening is not protected, the home may get a lower rating.

Example: A homeowner installs impact windows but keeps an older garage door that is not impact rated. The report may not give the top opening protection rating until the garage door is also protected.

Florida homeowners insurance

Roof-to-wall connection

Also called: Roof-to-wall attachment

A roof-to-wall connection is how the roof framing is tied to the walls of your house. Common types are toe nails, clips, single wraps and double wraps. Stronger connections, like straps that wrap over the roof truss, help keep the roof on in high winds. The inspector usually checks this from the attic. Stronger connections may earn larger credits with some companies.

Florida home insurance inspections

Roof deck attachment

Roof deck attachment is how the plywood or boards under your roof covering are fastened to the roof framing. Nail size and spacing matter. Tighter nailing helps the deck stay on in a storm. Roofs replaced under newer building codes often meet stronger standards, but the inspector still has to verify it. It is one of the features on the wind mitigation form.

Florida home insurance inspections

Roof geometry

Also called: Roof shape

Roof geometry is the shape of your roof, which affects how it handles wind. The wind mitigation form looks for hip roofs, which slope down on all four sides. Hip roofs tend to hold up better in high winds than gable roofs, which have flat, triangle-shaped ends. A hip roof can earn a meaningful credit with many companies that use the form.

How wind mitigation features affect your price

Secondary water resistance (SWR)

Also called: SWR, sealed roof deck

Secondary water resistance (SWR) is an extra layer under the roof covering that helps keep water out if shingles or tiles blow off. It is usually a self-adhering membrane or sealed tape over the seams of the roof deck. It is not the same as standard underlayment. If you are replacing your roof, ask your roofer whether SWR is included, and keep the paperwork for your wind mitigation inspector.

Florida home insurance inspections

Roof covering

Roof covering is the outer layer of your roof, such as shingles, tile or metal. Insurance companies look at its material, age and condition. On the wind mitigation form, the inspector notes whether the covering meets Florida Building Code standards, often using the permit date or product approval. Roof covering can also affect which companies will write a home and how roof claims are paid.

How roof age affects your price

Florida Building Code

Also called: FBC

The Florida Building Code is the statewide set of construction rules for buildings in Florida. It took effect in March 2002 and has been updated over time. Homes built or reroofed under it often meet stronger wind standards, and the wind mitigation form asks whether the home was built to it. It also matters for ordinance or law coverage, because repairs may need to meet today's code.

How the year your home was built affects your price

Citizens Property Insurance

Also called: Citizens, Citizens Property Insurance Corporation

Citizens Property Insurance Corporation is a not-for-profit insurer created by the State of Florida for people who can't find coverage from a private company. People often call it the insurer of last resort. Citizens has its own rules for who can get a policy and what it covers. Its policies can move to private companies through takeout offers. Citizens has also been phasing in a rule that many of its policyholders carry flood insurance. Check Citizens' current rules for your policy.

Homeowners insurance in Stuart, FL

Common questionWhat happens when Citizens Insurance offers a takeout?

Depopulation and takeout

Also called: Citizens takeout offer

A takeout, part of what Citizens calls depopulation, is when a private insurance company offers to take over policies from Citizens Property Insurance. Private companies approved by Florida's Office of Insurance Regulation can review Citizens policies and make offers. If your policy is picked, Citizens mails you an offer packet. It shows the company, the estimated price and the date you must answer by.

The two kinds of letters

A Policyholder Choice letter means you are eligible to stay with Citizens, so you can choose. A Depopulation letter means your policy is not eligible to stay with Citizens.

Eligibility depends on the offer. Citizens explains that if a private offer's premium is not more than 20% higher than your estimated Citizens renewal premium, the policy is no longer eligible to remain with Citizens. Read your own letter for the details that apply to you. Citizens posts sample letters and instructions on its depopulation resources page.

Compare more than the price

The new policy may not match what you have now. Look closely at the dwelling limit, hurricane deductible, roof terms, water damage limits and screened enclosure coverage. The premium on the offer is an estimate, and the new company sets the actual premium at renewal.

What should I do when I get a takeout letter?

Read it right away and note the deadline. Depending on the type of letter, you may be able to choose between Citizens and the private company, or your policy may be moving. Choices are made through Citizens' online selection tool using the policy number and registration code on your offer form, or with help from your agent.

Is a takeout offer always cheaper?

No. The estimated premium may be higher or lower than Citizens, and it is only an estimate. Coverage can also be different, so compare the details.

What should I send my agent?

Your offer letter and your current declarations page. That lets a licensed agent compare the coverage line by line before your deadline and look at other options.

Stuart homeowners insurance and Citizens takeout questions

Binding moratorium

Also called: Binding restriction, binding suspension

A binding moratorium is a temporary pause on new policies and certain policy changes when a storm threatens an area. Insurance companies often stop writing new policies, or raising limits, when a tropical storm or hurricane watch or warning is issued, or when a storm gets close. Each company sets its own rules. The pause usually ends after the storm passes. The lesson: shop and make changes early in hurricane season, not when a storm is coming.

Example: A storm is forecast to approach the Treasure Coast during the week of a home closing. The buyer may not be able to bind a new policy until restrictions lift, which can delay the closing.

Related terms: Named storm, Binder, Hurricane season

Florida homeowners insurance

Hurricane season

Atlantic hurricane season runs from June 1 to November 30 each year. Most Florida hurricanes happen during these months, although storms can form outside them. For insurance, the season matters because of binding restrictions, flood waiting periods and hurricane deductibles. Review your coverage and gather your documents before the season starts.

Florida flood insurance

My Safe Florida Home

Also called: MSFH

My Safe Florida Home is a state program that has offered free wind mitigation inspections and grants to help homeowners make their homes stronger. Funding and rules change, so check the program's official website for current details. Work done through the program is listed on a wind mitigation report. Insurance companies may use that report when they price your home.

Florida home insurance inspections

Homeowners Insurance Policy Terms

These are the words you will see on a homeowners quote or declarations page. Knowing them makes it easier to compare policies on more than price.

Common questionWhat is the difference between HO-3 and HO-5?

HO-3 policy

Also called: Special form homeowners policy

An HO-3 is the most common homeowners insurance policy form for owner-occupied houses. It covers the house on an open perils basis, which means damage is covered unless the policy excludes it. Your belongings are usually covered on a named perils basis, which means only the causes listed in the policy are covered, such as fire, windstorm or theft. Like every homeowners policy, it has exclusions, such as flood.

HO-3 vs. HO-5

The biggest difference is usually how your belongings are covered. An HO-5 typically covers both the house and your belongings on an open perils basis. That can make it easier to be paid for an unusual loss to your belongings. HO-5 policies may also include other broader features. They often cost more, and not every company offers them or will offer one for every home.

Example: You spill paint on an expensive rug. Many HO-3 policies only cover belongings for listed causes, and an accidental spill is usually not one of them. Many HO-5 policies may cover it, unless an exclusion applies.

Is an HO-5 always better than an HO-3?

Not always. It is broader in some ways, but deductibles, limits, roof terms and exclusions still matter. Compare the full coverage, not just the form name.

Does an HO-3 or HO-5 cover flood?

No. Flood is excluded on standard homeowners policies. You need a separate flood policy.

Related terms: HO-5 policy, Open perils, Named perils

Florida homeowners insurance

HO-5 policy

Also called: Comprehensive form

An HO-5 is a homeowners policy form that usually covers both the house and your belongings on an open perils basis. It is sometimes called a comprehensive form. Some companies offer it mainly for newer or higher-value homes, and eligibility rules vary. It still has exclusions, such as flood and wear and tear.

Related terms: HO-3 policy, Open perils, High-value home insurance

High-value home insurance

HO-6 policy

Also called: Condo unit owners insurance, condo insurance

An HO-6 is a homeowners policy for condo unit owners. It covers your things, your personal liability and the parts of the unit your association's rules say you must insure. That often includes cabinets, floors and fixtures inside the unit. The association's master policy covers what the association must insure. Florida condo owners should also check their loss assessment coverage.

Florida condo insurance (HO-6)

HO-8 policy

Also called: Modified coverage form

An HO-8 is a modified homeowners form for older homes where rebuilding the original features would cost far more than the home's market value. It often pays to repair with common modern materials rather than matching original work, and it may cover fewer causes of loss. HO-8 policies are uncommon in Florida. If you own an older or historic home, a licensed agent can explain which policy forms are available for it.

Related terms: HO-3 policy, Actual cash value (ACV), Replacement cost

Florida homeowners insurance

DP-3 policy

Also called: Dwelling fire policy, landlord policy

A DP-3 is a dwelling policy often used for homes that are rented to others. It usually covers the building on an open perils basis. Coverage for lost rent, the owner's belongings and liability may be included or added, depending on the policy. It does not cover the tenant's belongings. Tenants need their own renters policy.

Example: You move out of your Stuart home and rent it to a tenant. Your homeowners policy may no longer fit, because the home is no longer where you live. Tell your agent before the tenant moves in.

Related terms: Occupancy, HO-3 policy, Coverage E (personal liability)

Florida homeowners insurance

Coverage A (dwelling)

Also called: Dwelling coverage, dwelling limit

Coverage A, also called dwelling coverage, pays to repair or rebuild the structure of your home after a covered loss. It includes the house and attached structures, like an attached garage. The limit is meant to reflect the cost to rebuild, not the market value or what you paid. The insurance company determines the replacement cost estimate it uses. In Florida, hurricane deductibles are often a percentage of Coverage A, so this number affects your out-of-pocket cost too.

Example: A home sells for $550,000, but rebuilding it would cost $380,000. Coverage A follows the rebuilding cost, because the land is not destroyed in a fire or storm.

How rebuild cost affects your price

Coverage B (other structures)

Also called: Other structures coverage

Coverage B covers structures on your property that are not attached to your home. Examples include a detached garage, a shed or a fence. It is often set as a percentage of Coverage A, such as 10%. In Florida, pool screen enclosures may be handled differently, so check whether your policy limits hurricane coverage for them.

What a Florida homeowners policy covers

Coverage C (personal property)

Also called: Personal property coverage, contents

Coverage C covers your belongings, like furniture, clothing and electronics. Many policies set it as a percentage of Coverage A. It may pay replacement cost or actual cash value, depending on the policy. Some items, like jewelry, watches and art, have low special limits unless you schedule them.

What a Florida homeowners policy covers

Coverage D (loss of use)

Also called: Loss of use coverage

Coverage D, loss of use, helps pay extra costs if a covered loss makes your home unlivable. It can include additional living expenses and, if you rent out part of your home, the rent you lose. The limit and how long it pays depend on your policy.

What a Florida homeowners policy covers

Coverage E (personal liability)

Also called: Personal liability coverage

Coverage E, personal liability, helps pay if you are legally responsible for injuring someone or damaging their property. It can help pay for legal defense and settlements, up to your limit. Some policies limit or exclude certain exposures, such as some dogs, pools or trampolines. If you have more to protect than your liability limit, an umbrella policy can add more.

Personal umbrella insurance

Coverage F (medical payments)

Also called: Medical payments to others

Coverage F pays small medical bills for guests hurt on your property, no matter who was at fault. The limit is usually small, often a few thousand dollars. It does not cover you or people who live in your home. It can help with minor injuries without a liability claim.

What a Florida homeowners policy covers

Common questionWhat is the difference between replacement cost and actual cash value?

Replacement cost

Also called: Replacement cost value (RCV)

Replacement cost is what it would cost to repair or replace damaged property with similar materials, without taking off for age or wear. Many Florida homeowners policies pay home repairs on a replacement cost basis, subject to the policy terms. Some parts of the home, such as an older roof, may be paid differently.

Replacement cost vs. actual cash value

Actual cash value (ACV) is replacement cost minus depreciation. With replacement cost, a covered loss is paid at today's cost to repair it. With ACV, the payment is reduced for age and wear.

Replacement cost policies often pay in two steps: first the actual cash value, then the rest as repairs are done. Your policy explains how and when this happens.

Who sets the replacement cost estimate?

The insurance company sets the replacement cost estimate it uses for your policy, based on details like square footage, construction type and features. Make sure the details it has are accurate, and review your dwelling limit at each renewal, since building costs change.

Example: A covered fire ruins your 8-year-old sofa. A new one costs $2,000. Replacement cost may pay up to $2,000, minus your deductible. Actual cash value may pay much less, because the sofa's value is reduced for age.

Which is better, replacement cost or actual cash value?

Replacement cost usually pays more after a loss, so it usually costs more. What makes sense depends on your home, your budget and what each company offers.

Will replacement cost pay for my whole roof?

Not always. Some Florida policies pay roofs on a roof payment schedule or at actual cash value, based on age. Check your declarations page and endorsements.

How rebuild cost affects your price

Actual cash value (ACV)

Also called: ACV

Actual cash value (ACV) is the value of damaged property after taking off for age, wear and tear. In simple terms, ACV equals replacement cost minus depreciation. Some Florida policies pay certain items, like roofs or belongings, at ACV. That can mean a much smaller payment for older items. Check your declarations page and endorsements to see what is paid at ACV.

Replacement cost vs. actual cash value on Florida policies

Common questionWhat is a roof payment schedule?

Roof payment schedule

Also called: Roof surfacing payment schedule

A roof payment schedule is a policy endorsement that pays roof claims as a percentage of the roof's replacement cost, based on the roof's age and material. You may see it called a roof surfacing payment schedule. The older the roof, the lower the percentage the policy pays. Some Florida policies include one, especially on older roofs. It can help lower your premium, but it can also mean a larger out-of-pocket cost after a roof claim.

How a schedule usually works

A schedule usually applies to the roof surface, like shingles, tile or metal, and not to the rest of the home. Some apply to all covered roof losses, and others only to certain causes, such as wind or hail. Each company's schedule is different, so read the endorsement or ask your agent to walk through it.

Example: Say your schedule pays 70% for a 12-year-old shingle roof. A covered storm damages the roof surface, and replacing it costs $20,000. The policy would pay up to $14,000 for the roof surface, minus your deductible. These numbers are only an example. Your schedule will be different.

How do I know if my policy has a roof payment schedule?

Look for a roof surfacing payment schedule endorsement listed on your declarations page, or ask your agent. It is usually a separate form attached to the policy.

Is a roof schedule the same as actual cash value?

No, but the effect can be similar. ACV reduces the payment for depreciation. A schedule uses a fixed table based on age and roof type.

Can I get a policy without a roof schedule?

Sometimes. Some companies offer full replacement cost on newer roofs, or let you choose. Options depend on the company, the roof's age and material, and the home.

Related terms: Actual cash value (ACV), Roof age, Roof deductible

How roof age affects your price

Roof deductible

A roof deductible is a separate deductible that some Florida policies apply only to roof claims. It may be a percentage of Coverage A or a flat dollar amount. The Florida Department of Financial Services says a roof deductible can't be used for roof damage from a hurricane. The hurricane deductible applies then instead. Check your declarations page to see if you have one.

How roof age affects your price

Common questionWhat does ordinance or law coverage mean?

Ordinance or law coverage

Also called: Law and ordinance coverage, building code upgrade coverage

Ordinance or law coverage helps pay the extra cost of repairing or rebuilding your home to meet current building codes after a covered loss. Your dwelling coverage pays to restore what you had. When codes have changed, the building department may require upgrades, and that adds cost. Ordinance or law coverage helps with that extra cost, up to its limit. In Florida, it is commonly offered as a percentage of Coverage A, such as 25% or 50%.

Why it matters in Florida

Building codes have changed a great deal since the Florida Building Code took effect in 2002. On an older home, bringing a damaged roof or wall up to current code can be costly. Depending on the policy, the coverage may also help with tearing down undamaged parts when code requires it.

Example: A covered storm damages a 1985 home. The building department requires the new roof to meet current code, which adds $15,000 to the repair. Dwelling coverage pays to restore the roof the home had. Ordinance or law coverage may help with the $15,000 difference, up to its limit.

Is ordinance or law coverage included automatically?

Many Florida policies include some amount, but the limit varies. Check your declarations page for the percentage or dollar amount. A licensed agent can explain your options.

Does it pay for upgrades I choose to make?

No. It applies to upgrades required by code after a covered loss, not improvements you choose on your own.

Ordinance or law and other Florida homeowners coverage

Loss assessment coverage

Also called: Loss assessment

Loss assessment coverage helps pay your share when your condo or homeowners association charges owners for a covered loss to shared property. Associations may bill owners when a covered loss, or the master policy's deductible, costs more than the association can pay. Hurricane deductibles on Florida condo buildings can be large. The basic limit on many policies is small, and some policies limit how much can go toward the association's deductible. You may be able to buy a higher limit.

Loss assessment coverage for Florida condo owners

Additional living expenses (ALE)

Also called: ALE

Additional living expenses (ALE) coverage pays the extra cost of living somewhere else while your home is repaired after a covered loss. It pays costs above your normal spending, like a hotel or rental, extra meal costs and extra mileage, up to your limit. Keep your receipts. Some policies include limited coverage when a government order keeps you out of your home, but an evacuation alone usually is not a covered loss.

Example: A covered kitchen fire makes your Palm City home unlivable for two months. You rent an apartment while you keep paying your mortgage. ALE may help pay that rent, up to your policy limits.

Homeowners insurance in Palm City, FL

Scheduled personal property

Also called: Scheduled items, personal articles floater

Scheduled personal property is extra coverage for specific valuable items, listed one by one on your policy. Standard policies often have low limits for categories like jewelry, watches, firearms and art. Scheduling an item usually gives it its own limit and may cover more types of loss, like losing it. Companies may ask for an appraisal or receipt.

Example: Your policy limits jewelry theft to $1,500, and your ring is appraised at $12,000. Scheduling the ring for its appraised value may cover it in full, depending on the policy.

High-value home insurance

Water backup coverage

Also called: Sewer and drain backup

Water backup coverage pays for damage when water backs up through a drain or sewer, or a sump pump overflows. Many standard home policies exclude this unless you add it by endorsement. It usually has its own, often small, limit. It is not flood insurance. Water that rises from outside onto normally dry land is flood, which needs a separate policy.

Related terms: Endorsement, Flood loss, Water damage limit

Florida homeowners insurance

Water damage limit

Also called: Limited water damage coverage

A water damage limit caps how much a policy pays for certain non-weather water damage, such as a sudden plumbing or appliance leak. Some Florida policies limit this type of water damage to a set dollar amount, sometimes in exchange for a lower premium. Policies also commonly exclude damage from leaks that continued over time. Check whether your policy has a water damage limit and how much it is.

Florida homeowners insurance

Screened enclosure coverage

Also called: Pool cage coverage, screen enclosure coverage

Screened enclosure coverage pays for damage to pool cages and screen rooms. Many Florida policies exclude or limit hurricane damage to screened enclosures unless you add coverage back with an endorsement. The added coverage often has its own limit. If your pool cage would be costly to replace, ask how each policy handles it before you compare prices.

Example: A hurricane tears the screens and bends the frame of a pool cage. Without screened enclosure coverage for hurricane damage, the policy may pay little or nothing for it.

Homeowners insurance in Hobe Sound, FL

Mold coverage and sublimits

Also called: Mold, fungi and bacteria coverage

Mold coverage pays to remove mold and repair the damage it causes after a covered loss, usually up to a small limit. Many Florida policies cap mold, fungi and bacteria at a set amount, called a sublimit. Mold from long-term leaks, humidity or lack of upkeep is usually excluded. After water damage, act quickly to stop the water and dry things out, since policies generally require you to protect your property from further damage.

Related terms: Sublimit, Water damage limit, Water backup coverage

Florida homeowners insurance

Catastrophic ground cover collapse

Also called: CGCC

Catastrophic ground cover collapse is a sudden collapse of the ground under a home that causes severe structural damage. Florida home policies generally include this coverage, but its definition is narrow. Generally, the collapse must be sudden, leave a visible depression, cause structural damage, and lead to the home being condemned and ordered vacated. Most cracking from slow settling does not meet that definition.

Related terms: Sinkhole coverage, Exclusion, Coverage A (dwelling)

Florida homeowners insurance

Sinkhole coverage

Sinkhole coverage pays for covered damage from sinkhole activity that isn't severe enough to count as catastrophic ground cover collapse. It is optional in Florida. Not every company offers it, and some don't offer it in every area. It may require an inspection and usually has its own deductible. Sinkholes are more common in some parts of Florida, such as the Tampa Bay area.

Related terms: Catastrophic ground cover collapse, Deductible, Exclusion

Florida homeowners insurance

Deductible

A deductible is the amount you pay toward a covered claim before the insurance company pays. Florida home policies usually have at least two: an all other perils deductible and a hurricane deductible. Some also have a roof or sinkhole deductible. A higher deductible usually lowers your premium. Flood policies have their own deductibles.

How deductibles affect your price

Endorsement

Also called: Rider

An endorsement is a written change to your policy that adds, removes or changes coverage. Common Florida examples include screened enclosure coverage, water backup coverage, scheduled personal property and roof payment schedules. Endorsements are listed on your declarations page. They can change how the main policy works, so read them along with it.

Florida homeowners insurance

Common questionWhat does a homeowners insurance declarations page show?

Declarations page

Also called: Dec page, policy declarations

The declarations page, or dec page, is the summary page of your insurance policy. It lists who and what is insured, the policy period, your coverage limits, your deductibles, the endorsements attached and the premium. It is the fastest way to see what you have. It does not include every rule, though. The full policy and endorsements explain how coverage works.

What to look for on a Florida home dec page

Coverage A through F limits
Your hurricane deductible, as a percentage and in dollars
Your all other perils deductible
Any roof deductible or roof payment schedule
Your ordinance or law limit
The list of endorsements, often by form number
Your mortgage company
Any discounts or credits, such as wind mitigation credits

Where do I find my declarations page?

Your insurance company sends it when the policy starts and at each renewal. Many companies also post it in their online portal, and your agent can send you a copy.

Why do agents ask for my declarations page when quoting?

It shows your current limits, deductibles and endorsements, so a new quote can be compared with your current coverage side by side.

Related terms: Endorsement, Coverage A (dwelling), Hurricane deductible

Request a quick quote

Exclusion

An exclusion is something a policy says it does not cover. Common homeowners exclusions include flood, earth movement, wear and tear, and damage from neglect. Exclusions can appear in the main policy and in endorsements. Some excluded risks, like flood, can be covered by a separate policy.

Related terms: Open perils, Named perils, Flood loss

Florida flood insurance

Open perils

Also called: All risk, special form

Open perils means a policy covers damage from any cause unless the policy excludes it. HO-3 policies usually cover the house this way. HO-5 policies usually cover both the house and your belongings this way. It is broad coverage, but it does not mean everything is covered.

Related terms: Named perils, HO-3 policy, Exclusion

Florida homeowners insurance

Named perils

Also called: Listed perils

Named perils means a policy only covers damage from the causes listed in the policy, and nothing else. Common named perils include fire, lightning, windstorm, hail, theft and vandalism. If a cause of damage is not on the list, it is not covered. HO-3 policies usually cover your belongings this way.

Related terms: Open perils, HO-3 policy, Coverage C (personal property)

Florida homeowners insurance

Sublimit

Also called: Special limit

A sublimit is a smaller limit inside a coverage for a specific type of loss or property. For example, a policy might have a $300,000 dwelling limit but a much smaller limit for mold or for jewelry theft. Sublimits are easy to miss, so look for them in the policy and endorsements.

Florida homeowners insurance

Inflation guard

Inflation guard is a policy feature that raises your coverage limits at renewal to keep up with building costs. If your hurricane deductible is a percentage of Coverage A, a higher limit also makes that deductible higher in dollars. Look at your limits and deductibles each time your policy renews.

How rebuild cost affects your price

Home Inspection and Underwriting Terms

Before an insurance company offers a policy, it reviews the home and its history. This is called underwriting. These terms explain the inspections and records that come up most often in Florida.

Common questionWhat is a four-point inspection?

Four-point inspection

Also called: 4-point inspection

A four-point inspection is a report on the condition of four main systems in a home: the roof, electrical, plumbing, and heating and air conditioning. Insurance companies use it to decide whether they will insure a home and on what terms. It is about condition and eligibility, not discounts. Many companies ask for one on older homes, but the age cutoff and rules vary by company.

What the inspector looks at

Roof: age, material and visible condition
Electrical: the panel, wiring type and visible hazards
Plumbing: pipe types, water heater age and any leaks
Heating and cooling: age and working condition

Some companies will not insure homes with certain older materials, such as polybutylene plumbing or some older electrical panels, until they are replaced. Others may accept them. Photos are usually part of the report.

When do I need a four-point inspection?

Usually when an insurance company asks for one, often for older homes or a home purchase. Each company decides the age threshold and how recent the report must be.

Can a home fail a four-point inspection?

There is no pass or fail grade. The report describes the condition of each system. Each insurance company decides whether the home meets its rules.

Is a four-point inspection the same as a home inspection?

No. A buyer's home inspection is much broader. A four-point inspection is a shorter report made for insurance underwriting.

Related terms: Wind mitigation inspection, Roof inspection, Underwriting

Wind mitigation vs. 4-point vs. roof inspections

Roof inspection

Also called: Roof certification, roof condition report

A roof inspection, sometimes called a roof certification, is a report on your roof's condition and how much useful life it may have left. Some insurance companies ask for one, especially for older roofs. It looks at the roof covering, visible damage and signs of leaks. It is separate from the wind mitigation report, although both look at the roof.

Related terms: Roof age, Four-point inspection, Roof covering

Florida home insurance inspections

Roof age

Roof age is how many years have passed since the roof covering was last fully replaced. It is one of the first things Florida insurance companies look at, and many use permit records to confirm it. Roof age can affect which companies will offer coverage, your premium and how roof claims are paid. Rules vary by company and roof material, so keep your roof permit and final inspection records.

Related terms: Roof payment schedule, Roof inspection, Roof covering

How roof age affects your price

Claims history

Also called: Loss history

Claims history is the record of insurance claims tied to you or your property in recent years. Insurance companies review it when deciding whether to offer coverage and how to price it. Frequent or recent claims, especially water claims, may limit your options with some companies. Some reports also show claims that were reported but not paid.

Related terms: CLUE report, Underwriting, Insurance score

How claims history affects your price

CLUE report

Also called: Comprehensive Loss Underwriting Exchange

A CLUE report is a database report of past insurance claims on you and on a property. CLUE stands for Comprehensive Loss Underwriting Exchange, and it is run by LexisNexis. Insurance companies use it to check claims history, which usually goes back up to seven years. You can request a free copy of your own report once a year and dispute anything that is wrong.

Related terms: Claims history, Underwriting, Insurance score

How claims history affects your price

Insurance score

Also called: Credit-based insurance score

An insurance score is a rating based partly on your credit history that some insurance companies use to help price home policies. It is not the same as your credit score, though it uses similar information. State rules limit how it can be used, and not every company weighs it the same way. Paying bills on time and keeping balances low may help over time.

Related terms: Underwriting, Claims history, CLUE report

How your credit-based insurance score affects your price

Underwriting

Also called: Underwriting guidelines

Underwriting is how an insurance company decides whether to insure a property, and on what terms and price. Underwriters look at things like the home's age, roof, location, construction, condition, claims history and inspection reports. Each company has its own guidelines, so a home one company declines may be accepted by another. Some companies also inspect the home after the policy starts.

Related terms: Property condition, Four-point inspection, Claims history

Florida homeowners insurance

Property condition

Property condition is the overall state of repair of your home, as seen by an insurance company. Companies look for things like roof wear, water stains, damaged siding, loose railings, missing pool barriers, trees over the roof and signs of deferred maintenance. Depending on the company and the issue, poor condition can lead to a repair request, a higher premium, cancellation or nonrenewal. Fixing small problems early helps.

Related terms: Underwriting, Cancellation, Nonrenewal

Florida homeowners insurance

Occupancy

Occupancy describes who lives in the home and how it is used. Common types are an owner's primary home, a seasonal or secondary home, and a rental. Many homes on the Treasure Coast are seasonal. Policy forms, prices and rules differ by occupancy. Tell your agent if your use of the home changes, because the wrong occupancy can cause problems at claim time.

Related terms: Vacancy, DP-3 policy, HO-3 policy

Homeowners insurance in Vero Beach, FL

Vacancy

Also called: Vacant vs. unoccupied

Vacancy usually means no one lives in the home and it does not have enough furnishings to live in. Unoccupied is different: the furniture is there, but no one is staying there right now. Many policies limit or exclude certain losses, like vandalism or water damage, once a home has been vacant longer than a set number of days. Homes between owners or under major renovation may need a different type of policy.

Related terms: Occupancy, Builder's risk insurance, Cancellation

Florida homeowners insurance

Cancellation

Cancellation ends a policy before its expiration date. You can cancel your own policy. An insurance company may cancel for certain reasons, such as nonpayment, and must send you written notice first. If you change companies, make sure the new policy starts before the old one ends.

Related terms: Nonrenewal, Effective date, Binder

Florida homeowners insurance

Nonrenewal

Also called: Non-renewal notice

Nonrenewal means the insurance company will not renew your policy when the current term ends. The company must send notice before the renewal date. Reasons can include roof age, claims, property condition or a company's decision to write fewer homes in an area. A nonrenewal is different from a cancellation. Start shopping as soon as you get a notice.

Related terms: Cancellation, Depopulation and takeout, Underwriting

Florida homeowners insurance

Binder

Also called: Insurance binder

A binder is temporary proof that coverage is in place until the policy is issued. Home buyers often need one before closing. It lists the coverage, the effective date and the mortgage company. New coverage can be paused while a storm threatens, so plan ahead during hurricane season.

Related terms: Binding moratorium, Effective date, Mortgagee clause

Quote requests from Realtors

Effective date

The effective date is the date and time your coverage starts. For a home purchase, it usually matches the closing date. When switching companies, line up the new effective date with the old policy's end date so there is no gap. A policy does not cover damage that happened before it started.

Related terms: Binder, Cancellation, Flood insurance waiting period

Request a quick quote

Mortgagee clause

Also called: Lender's loss payable clause

A mortgagee clause names your lender on your policy and protects its interest in the home. Claim checks for damage to the home may be made out to both you and your lender. Lenders often require certain coverage, like wind and, in some cases, flood. The lender's name, address and loan number appear on your declarations page.

Related terms: Escrow, Declarations page, High-risk flood area (SFHA)

Florida homeowners insurance

Escrow

Also called: Escrow account

An escrow account is an account your mortgage company uses to pay your insurance premiums and property taxes for you. Part of each mortgage payment goes into it. If your premium rises at renewal, your monthly mortgage payment may go up. Make sure your insurance company has the right mortgage information so the bill is paid on time.

Related terms: Mortgagee clause, Declarations page, Cancellation

Florida homeowners insurance

Surplus lines insurance

Also called: Non-admitted insurance, excess and surplus lines

Surplus lines insurance is coverage from a company that is not licensed (admitted) in Florida but is allowed to write certain risks the standard market will not. It is often used for harder-to-place homes. Surplus lines policies are not protected by the Florida Insurance Guaranty Association, and Florida's hurricane deductible rules do not apply to them in the same way. Read these policies carefully.

Related terms: Named storm, Underwriting, Hurricane deductible

High-value home insurance

Florida Flood Insurance Terms

Every property in Florida is in a FEMA flood zone. Some are high-risk and others are moderate or low-risk, but lower risk does not mean no risk. Flood is not covered by a standard homeowners policy, so these terms are worth knowing.

Common questionWhat is the difference between homeowners insurance and flood insurance?

Flood insurance

Flood insurance is a separate policy that pays for damage to your home and belongings caused by flooding. Standard homeowners policies, including HO-3, HO-5 and HO-6 forms, exclude flood. In Florida, flood coverage comes from the National Flood Insurance Program (NFIP) or from private flood insurance companies.

Homeowners vs. flood insurance

A homeowners policy covers causes like wind, fire and theft, based on its terms. A flood policy covers water that rises over normally dry land, including storm surge. After a hurricane, both may be involved: wind damage goes to the homeowners policy, and surge or rising water goes to the flood policy. Each has its own deductible.

Is storm surge covered by homeowners insurance?

No. Storm surge is treated as flooding, so it is covered by a flood policy, not a standard homeowners policy.

Do I need flood insurance if I'm not in a high-risk zone?

Most lenders do not require it outside high-risk zones, but floods happen there too, and FEMA reports that many flood claims come from outside high-risk areas. Your location, elevation and budget all matter. Citizens policyholders may be required to carry flood coverage.

Florida flood insurance: NFIP and private options

National Flood Insurance Program (NFIP)

Also called: NFIP, FEMA flood insurance

The National Flood Insurance Program (NFIP) is the federal flood insurance program managed by FEMA. Policies are sold through insurance agents and companies, but FEMA sets the coverage and rates. For a home, building coverage is capped at $250,000 and contents at $100,000. NFIP policies usually have a 30-day waiting period. Congress must reauthorize the program from time to time.

Florida flood insurance

Private flood insurance

Private flood insurance is flood coverage from an insurance company instead of the federal NFIP. Depending on the company, private policies may offer higher limits, coverage such as additional living expenses, or shorter waiting periods. They may also have different rules for pricing and cancellation. Many lenders accept private flood policies that meet their requirements. Compare the details, not just the price.

NFIP vs. private flood insurance

Excess flood insurance

Excess flood insurance adds coverage above the limits of a primary flood policy. It is often used when a home would cost more than $250,000 to rebuild or the belongings are worth more than $100,000, the NFIP maximums for a home. It usually sits on top of an NFIP or other primary flood policy.

Florida flood insurance

Flood zone

Also called: FEMA flood zone

A flood zone is an area on FEMA's flood maps that shows its level of flood risk. Zones that start with A or V are high-risk areas. V zones also face waves from storm surge. Zone X and similar zones are moderate- or low-risk. Every property in Florida is in a flood zone, so the real question is how high the risk is. You can look up your zone at the FEMA Flood Map Service Center.

Florida flood zones explained

High-risk flood area (SFHA)

Also called: Special Flood Hazard Area

A high-risk flood area, or Special Flood Hazard Area (SFHA), is land FEMA estimates has at least a 1% chance of flooding each year. That works out to about a 26% chance over a 30-year mortgage. If your home is in one of these areas and you have a mortgage from a federally regulated or insured lender, flood insurance is required. On the Treasure Coast, many waterfront and barrier island properties are in these zones.

Homeowners insurance in Jensen Beach, FL

Moderate- and low-risk flood areas

Also called: Zone X, non-SFHA

Moderate- and low-risk flood areas are zones outside the high-risk Special Flood Hazard Area, usually shown as Zone X. Flood insurance usually is not required there, but flooding still happens from heavy rain, poor drainage and storm surge. Coverage in these zones often costs less. Homeowners may still want flood coverage, and Citizens policyholders may be required to have it.

Homeowners insurance in Port St. Lucie, FL

Elevation certificate

Also called: EC

An elevation certificate is a document that shows how high your home sits compared with the expected flood level in your area. A licensed surveyor, engineer or architect completes it. It lists details like the height of the lowest floor and the base flood elevation. Under FEMA's current rating method it is not always required for an NFIP policy, but it may still help lower a premium. Private flood companies may ask for one. Your local building department may already have one on file.

Related terms: Base flood elevation (BFE), Flood zone, Risk Rating 2.0

Florida flood insurance

Base flood elevation (BFE)

Also called: BFE

Base flood elevation (BFE) is the height floodwater is expected to reach in a flood that has a 1% chance of happening in any year. It is shown on FEMA flood maps for many high-risk zones. Homes with a lowest floor above the BFE generally face lower flood risk. Local building rules use BFE to decide how high new homes must be built.

Florida flood insurance

Flood insurance waiting period

Also called: 30-day waiting period

A flood insurance waiting period is the time between buying a flood policy and when coverage starts. For NFIP policies it is usually 30 days. There are limited exceptions, such as when flood insurance is required as part of a new mortgage. Private flood waiting periods vary by company. Because of this, flood coverage should be in place well before a storm forms.

Florida flood insurance

Building coverage (flood)

Also called: Building property coverage

Building coverage on a flood policy pays for flood damage to your home's structure and the systems built into it. That includes things like the foundation, walls, wiring, plumbing, water heater, air conditioning, built-in appliances, and flooring and cabinets that are fastened in place. NFIP policies limit coverage below the lowest raised floor, such as an enclosed area under a home on stilts.

Florida flood insurance

Contents coverage (flood)

Also called: Personal property coverage on a flood policy

Contents coverage on a flood policy pays for your belongings damaged by flooding. It is separate from building coverage, and on an NFIP policy you must buy it separately. NFIP contents coverage generally pays actual cash value. Items stored below the lowest elevated floor have limited coverage.

Florida flood insurance

Risk Rating 2.0

Also called: Equity in Action

Risk Rating 2.0 is FEMA's current method for pricing NFIP flood insurance. Introduced in 2021, it prices each home based on its own flood risk, using factors like distance to water, flood type, elevation and rebuilding cost, rather than relying mainly on flood zone. Increases for many existing policies are phased in over time. Your flood zone still matters for lender requirements.

Florida flood insurance

Flood loss

Also called: Definition of flood

A flood loss is damage caused by a flood, which generally means a temporary condition where water or mudflow covers normally dry land. The NFIP definition requires the flood to cover at least two acres of normally dry land or at least two properties, one of which is yours. That is why rising water entering several homes on a street is a flood, while a burst pipe inside your home is not.

Related terms: Storm surge, Flood insurance, Water backup coverage

Florida flood insurance

Storm surge

Storm surge is ocean water pushed onto land by a hurricane or strong storm. For insurance, storm surge is flood. It is not covered by a standard homeowners policy, even when a hurricane causes it. On the Treasure Coast, surge can affect homes along the Indian River Lagoon, the St. Lucie River and the barrier islands.

Related terms: Flood loss, Flood insurance, High-risk flood area (SFHA)

Homeowners insurance in Stuart, FL

Other Insurance Terms for Florida Homeowners

Short definitions of other coverage Florida homeowners often ask about, with links to our pages on each one.

Umbrella insurance

Also called: Personal umbrella policy

Umbrella insurance gives you extra liability coverage on top of your home, auto and boat policies. It can help if a serious accident leads to a claim bigger than your other limits. Most umbrella companies require you to carry certain liability limits on those other policies first.

Personal umbrella insurance

Boat insurance

Boat insurance covers physical damage to your boat and your liability while using it. Florida boat policies often have hurricane rules, such as a named storm deductible or a plan for where the boat will be kept during a storm. Coverage and rules vary by company.

Related terms: Agreed value coverage, Umbrella insurance, Named storm

Boat insurance in Stuart, FL

Agreed value coverage

Also called: Agreed value

Agreed value coverage means you and the insurance company agree on an item's value when the policy starts. If a covered total loss happens, the policy pays that agreed amount, minus any deductible, instead of a depreciated value. It is common for boats and classic cars. Not every policy offers it.

Related terms: Actual cash value (ACV), Boat insurance, Replacement cost

Agreed value boat insurance

Condo association insurance

Also called: Master policy

Condo association insurance, also called a master policy, covers the buildings and shared areas a condo association is responsible for. The association buys it, not the unit owners. Associations often carry liability coverage and directors and officers coverage too. Each unit owner still needs their own HO-6 policy.

Condo association insurance in Florida

Builder's risk insurance

Also called: Course of construction insurance

Builder's risk insurance covers a home or building while it is under construction or major renovation. Depending on the policy, it can cover the structure being built and materials on site. Once construction ends and the home is occupied, a homeowners policy usually takes over.

Related terms: Vacancy, Coverage A (dwelling), Effective date

Builder's risk insurance for Florida homes

Commercial auto insurance

Also called: Business auto insurance

Commercial auto insurance covers cars, trucks and vans used for business. Personal auto policies often limit or exclude business use. If your business owns vehicles, or you use a vehicle a lot for work, you may need a commercial auto policy.

Related terms: Umbrella insurance, Builder's risk insurance

Commercial auto insurance

High-value home insurance

Also called: High net worth home insurance

High-value home insurance is made for homes that cost more to rebuild and have more valuable things inside. These policies may offer broader coverage, like extra rebuilding coverage, higher limits for valuables and more claim options. What you get depends on the company. To qualify, a home usually needs to meet a value threshold.

High-value home insurance

Manufactured home insurance

Also called: Mobile home insurance

Manufactured home insurance covers factory-built homes, including mobile homes. Insurance companies look closely at the year built, tie-downs, roof type and how the home was installed. Rules differ from site-built homes, and options vary by company.

Related terms: Roof age, Underwriting, Hurricane deductible

Manufactured home insurance

Questions about your homeowners coverage?

A glossary can explain a term. It can't tell you how your own policy handles it. Our licensed agents can walk through your declarations page, explain your options, and quote your home with the insurance companies we're appointed with that write homes like yours.

Request a Quick Quote Call (772) 530-5305

Manchester Insurance is an independent agency in Stuart serving homeowners across Florida's Treasure Coast and Palm Beach County, including Stuart, Port St. Lucie, Palm City, Jensen Beach, Hobe Sound, Vero Beach, Jupiter and Palm Beach Gardens.

How this glossary is written and reviewed

This glossary is written and reviewed by the licensed agents at Manchester Insurance, based on the questions Florida homeowners bring to our office. Where a term depends on a state or federal program, we check it against the official source and update it when the rules change. Last reviewed November 2026.

Official sources

This glossary is for general education only. It is not legal advice and does not describe or change any insurance policy. Coverage, eligibility, discounts and pricing depend on the insurance company and on the actual terms of your policy. Program rules from Citizens, FEMA and the State of Florida can change. Contact a licensed insurance professional about your specific situation.