Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

Hurricane Insurance in Florida Is No Joke

2 Dec 2025 · 1 min

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0:46

Short, practical commentary by Scott Selleck about difficulties obtaining hurricane insurance in Florida and how that affects real-estate transactions. He describes carriers leaving the state, high-cost state options, and gives concrete examples: hurricane deductibles commonly set at 2–5% of home value (he cites a $650,000 home example with $13,000–$32,000 deductible), a Port St. Lucie seller whose sale was jeopardized by buyers unable to secure reasonable homeowner insurance, and the advice to get quotes for the exact address since proximity to the coast (e.g., 2 vs 10 miles) can change premiums by roughly $5,000–$10,000.

Questions this video answers

2–5% of home value.

$13,000 to $32,000.

Port St. Lucie, Florida.

About $5,000 to $10,000.

Get insurance quotes for the specific address you plan to buy.

Chapters

Hurricane insurance can be a nightmare in Florida. Many carriers have pulled out of the state. State options are also very expensive. I helped a client sell her home at Port St. Lucie, Florida. She had one small claim for wind and rain damage and almost stopped our sale because the buyers had difficulty getting a reasonable homeowner's insurance policy. The insurance was, you know, there for the seller. This was supposed to be there for she paid the premiums. In Bergen county, you know, you want to get hurricane insurance. It's much more reasonable. In Florida, your Hurricane deductible is 2 to 5% of your home value on a 650, $50,000 home. That's 13,000 to 32,000 out of your insurance. Before they even do anything out of your pocket before they do anything, get quotes from the address that you're looking to buy. Two miles from the coast versus 10 miles could be 5 to $10,000 difference in your policy.