It includes the cost of damage of house, contents, liability and any additional structure. The Louisiana Citizens Property Insurance Corporation also has a Fire Dwelling Policy, and that can cover the claim of $225,000. Authorities of the Louisiana Citizens Property Insurance Corporation are permitted by the Louisiana State government to keep a part of the revenue, which is tax free. If a person has liability policy of the commercial property insurance, than he or she may get the reimbursement against loss of income due to the building damages. The policies of commercial property insurance provide the liable coverage for flood. However, the policy holders of commercial property owner receive the compensation from the Federal Government, National Flood Insurance Program. Make the cost of having any damage or loss rise from $500 to $1,000. Have comparisons in Florida property insurance so that you can select the best. The best is to go to agents of Florida property insurance and ask them to calculate it for you. Why it is hard to have Florida Property Insurance The area of Everglade State in pacific is totally inopportune place because of the possibilities of disaster, cyclones and floods which commonly take place mainly in time of monsoon. The home title property insurance compensates for the lawsuits and the lawyer bills if the person looks for this option. Similar things are applied in the mortgage of property. The only difference in property mortgage is that to protect the interest, the company who is lending money will acquire a separate policy of home title property insurance. For example, if you want to protect your home from fire you can get a single policy that will protect your property against damage caused by fire. But, if you want to protect your home from fire, flood, theft or and other damages, you need to get multiple policies. Insuring your home gives you peace of mind because you know that you are protected in case of unforeseen events. Where as, if you acquired property mortgage insurance, they will charge a little advance say 5% or 10%. Let us take a real example, if a person saves $20,000 with an advance of 20%. This actually means the owner is capable to purchase a $100,000 worth of house. While if a person acquired property mortgage insurance, only 10% down payment is required for a $200,000 house in the limits of $20,000 savings.