Call Or Text Us Anytime 941-363-1501

Homeowners Insurance

Copy of Website South Sells Florida Real Estate (2)


Ah, Lakewood Ranch! Sunshine, golf courses, and… insurance? Yes, even paradise requires some practical planning. Here’s what you need to know about insurance when buying a home in Lakewood Ranch:


  • Must-Haves:
  • Homeowners insurance: This is mandatory for any mortgaged property and protects your home and belongings from covered perils like fire, theft, and windstorm.

  • Flood insurance: Lakewood Ranch sits in a flood zone, so flood insurance is highly recommended, even if it’s not mandatory. The Federal Emergency Management Agency (FEMA) website can help you determine your flood risk.

Optional, but Consider:

  • Umbrella insurance: This provides extra liability protection beyond your homeowners and auto policies. It’s worth considering if you have significant assets or host guests often.

  • Windstorm coverage: While homeowners insurance covers wind damage from hurricanes, separate windstorm coverage may offer broader protection or lower deductibles.
  • Private flood insurance: FEMA flood insurance rates are rising, so explore private flood insurance options for potentially better coverage or rates.
  Local Factors to Consider:
  • Hurricane risks: Lakewood Ranch is in a hurricane zone, so expect higher homeowners insurance rates compared to inland areas.
  • Roof age and type: Older or less wind-resistant roofs may attract higher premiums. Consider upgrading your roof for potential discounts.

  • Security features: Homes with burglar alarms, deadbolts, and other security features may qualify for discounts.


Finding the Right Policy:

  • Shop around: Get quotes from multiple insurers to compare rates and coverage options.
  • Ask questions: Don’t hesitate to ask your agent or insurer to clarify any policy details.
  • Understand deductibles: Choose a deductible you can afford comfortably.

Additional Resources:

Remember, your insurance needs are unique. Consult with a local insurance agent who understands the Lakewood Ranch market to find the best coverage for your new home. With the right insurance in place, you can relax and enjoy your Florida paradise with peace of mind.

I hope this helps! And don’t forget the sunscreen!

Picture of Suzy South

Suzy South

Hey there! I'm Suzy, the CEO of South Sells a Florida native living in Bradenton, FL. I'm here to share weekly information about the best events, restaurants, shopping, activities, and real estate in and around Sarasota & Manatee County. Plus, the best beaches, biking, health and wellness options, new hot spots, and more! Click below to follow us.