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  2. These 7 Florida insurance companies OK'd for 168K Citizens ...

    www.aol.com/7-florida-insurance-companies-okd...

    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 ...

  3. How to choose the best home insurance company - AOL

    www.aol.com/finance/choose-best-home-insurance...

    In homeowners insurance, the 80 percent rule refers to the fact that most insurance companies require homeowners to insure their home for at least 80 percent of its total replacement cost.

  4. Is Florida Finally Fixing Its Broken Homeowners ... - AOL

    www.aol.com/news/florida-finally-fixing-broken...

    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 ...

  5. Florida's homeowner insurance is in crisis. Some think ... - AOL

    www.aol.com/floridas-homeowner-insurance-crisis...

    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.

  6. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    That issue was one of the reasons cited by insurance companies leaving Florida according to the Insurance Commissioner Michael Yaworsky. [37] In August 2023 FOIR announced that Mainsail Insurance Company from Texas was approved to operate in Florida. They also disclosed that 280,000 of Citizen's policies were approved for assumption by several ...

  7. Thinking about going bare? What to know before you cancel ...

    www.aol.com/thinking-going-bare-know-cancel...

    KNOW MORE: High costs force some homeowners to choose: Drop insurance, sell or leave Florida And the trend is being fueled by the fast increase of insurance costs in the state, the nation’s highest.

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