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Although the company requested a 10.7 percent increase on standard home insurance policies, the Florida OIR approved a 6.4 percent increase. While 6.4 percent is certainly better than 10.7 percent ...
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'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.
Insurance in crisis: It shouldn't take 2024 storm season to prompt Florida insurers to address climate change The Legislature and Gov. Ron DeSantis must focus on better protecting Florida property ...
In fact, a Redfin study from August 2024 shows that the median cost of HOA fees in more than 40 of the country’s most populated metro areas jumped by 5.7 percent in the past year. HOA fees and ...
Florida’s home insurance crisis may be causing residents to flee the state in droves as premiums skyrocket. Rising home insurance rates in Florida could be driving people away. What’s happening:
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