Along the Manatee River, residents in Bradenton, Florida, are used to a vibrant way of life. Locals enjoy the Riverwalk Park that winds along the water’s edge. The Village of the Arts is lined with restored cottages from the 1920s and 1930s that now house galleries, studios, and shops. It’s a reminder that the spirit of Old Florida is alive and well today.
It’s no wonder so many folks buy condos here – it’s a perfect place to retire or to escape the winter months up north. But insuring condos here can be tricky. Not all insurance companies offer condo insurance, and in Florida, you need coverage for hurricanes.
Luckily, we’ve made Florida condo insurance easy. Let’s take a closer look at what coverage typically costs and how Kin helps you protect your condo.
Bradenton condo insurance costs
Floridians know that affordable condo insurance can be hard to come by, mainly because the state’s insurance market has been negatively impacted by:
This pushes the price of HO6 policies up across Florida, and living in Bradenton means you’re probably on the higher end of the scale. The city’s proximity to the coast increases your chances of having a catastrophe claim.
The best way to know what you’ll pay for coverage is to get a quote. It’s fast, easy, and free!
How condo insurance covers natural disasters
Most people understand that condo insurance can cover damage to your home and belongings from events like windstorms, fires, vandalism, theft, and more. But Bradenton isn’t a stranger to natural disasters, so it’s important to know how your coverage responds to widespread incidents, too.
Hurricane
Bradenton sits along the Gulf of Mexico and is a target for hurricanes from the west, south, and even the east. The city has been spared in recent years from a direct hit but has still had to deal with high winds and storm surge that accompany near misses. Without hurricane insurance, wind damage that happens during a named storm wouldn’t be covered.
Good thing all our condo policies include hurricane coverage!
Catastrophic ground cover collapse
Bradenton and its surrounding areas are prone to sinkholes thanks to miles of underground limestone deposits. When rain or tides saturate the ground, limestone can erode and cause the ground to collapse. Sinkholes can cause buckling walls buckle, cracked foundation, and collapsed ceilings.
Catastrophic ground cover collapse coverage is included in all of our condo policies. For broader coverage, talk to one of our representatives about sinkhole insurance.
Tips for keeping Bradenton condo insurance affordable
An easy way to lower your condo insurance rates? You can choose a higher deductible. Just remember that the higher your deductible, the more you’ll be responsible for covering out of pocket when it’s time to file a claim.
You can also get insurance discounts for having:
Guides to condo insurance for Florida cities
Get the right condo insurance policy for the best price. Get a quote today.
