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Of the $165 billion in natural disaster–caused damage the U.S. experienced in 2022, $116 billion of it was in Florida. Average annual home insurance premiums are triple the national average ...
Dutch Mendenhall, author and founder of Radd Companies, added another layer to the worst-case scenario. “Florida leads the nation in home insurance costs, where 20% of homeowners pay over $4,000 ...
Florida has always presented a risky market to home insurance companies due to the high threat of widespread weather-related damage, but the current crisis is caused by a number of factors ...
Florida Peninsula began writing home insurance in Florida in April 2005. It sells property coverage exclusively, insuring nearly 150,000 properties throughout the state through a network of 2,500 ...
The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017. Here are our 10 best home insurance companies and even those to steer clear of.
New insurance companies in Florida must be approved by the Office of Insurance Regulation (OIR), which reviews the firm's business plan, projections and financial condition. The judgment of the OIR has been questioned because six of the 18 companies licensed to write "takeout" policies between 2007 and 2011 failed, even though Florida had no ...
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