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Florida's homeowners insurance crisis has become a nightmare for many homeowners, driving them out of the state. Home insurance premiums continue to increase, with limited competition in the market.
Earthquake insurance: Most homeowners insurance policies do not cover damages caused by earthquakes, even in high-risk areas. However, many home insurers offer separate policies or homeowners ...
Florida had the highest percentage — 20% — of homeowners paying that annual amount for homeowners insurance in 2023, according to the Census Bureau 2023 American Community Survey, released ...
Florida is not alone when it comes to property insurance. One in 13 homeowners across the U.S. are uninsured, according to a recent study by the Consumer Federation of America. That's a little ...
On average, homeowners pay $1,687 annually for a homeowners insurance policy with $250,000 in dwelling coverage. The same type of home insurance coverage may vary in price based on the company ...
As of October 2023, new insurance companies have been approved by the state to offer homeowners insurance in Florida. Slide Insurance, TypTap Insurance and others made offers to over 150,000 ...
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