Investor · Sarasota, FL · Member since 2016 · 12 posts · 1 vote
I am closing end of the week. came across this commercial but they don't cover named storms. Living in florida, seems to be a big risk to me. I may need to go with normal residential insurance. What is your thought?
You're absolutely right to be cautious — living in Florida without coverage for named storms is a major exposure, especially with how frequently hurricanes affect the region.
While commercial insurance might be attractive for things like liability or rental flexibility, if it excludes named storm coverage, you're potentially on the hook for catastrophic losses from wind, rain, or flooding during a hurricane — which is exactly the kind of risk insurance is meant to protect against.
Here’s a quick breakdown of your situation:
Florida = high hurricane risk.
Named storms = the biggest insurance threat in Florida.
No named storm coverage = you could lose the entire structure without reimbursement.
Hey Scott, you're right to be cautious—living in Florida, not having named storm coverage is definitely a major exposure. Commercial policies sometimes exclude that unless it's specifically added, which can leave you vulnerable during hurricane season.
If you're financing the property, your lender might also have strict requirements around wind or hurricane coverage, so it's worth double-checking with them too. Residential insurance could be an option if the property qualifies (e.g., if it’s 1–4 units and used as a rental), but make sure it fits the intended use of the property or you could run into issues with claims.
I’d recommend talking to a broker who’s experienced with Florida investments—they can help tailor a policy that covers your real risks.
Insurance agent here - What is the reasoning for going with commercial insurance? Is this a home you're renting out short term? Is this a single family home? There are many different options you could find to get wind insurance. I highly recommend having it here in FL especially after the last few hurricanes.
Insurance agent here - What is the reasoning for going with commercial insurance? Is this a home you're renting out short term? Is this a single family home? There are many different options you could find to get wind insurance. I highly recommend having it here in FL especially after the last few hurricanes. Reach out if you'd like some help - 813-771-5959
-Emily Blizzard
@Emily Can you please reach out to me. I am looking for insurance on a 5 unit multi family dwelling in Houston , TX.