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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 ...
One of the biggest issues in Florida is home insurance fraud, driven by fraudulent roofing claims. A proclamation from the office of Governor Ron DeSantis notes that, although Florida only ...
Thanks to mounting hurricane losses, home insurance premiums in Florida have risen an astonishing 300% in the last five years, according to the financial news site Benzinga. Residents there now ...
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.
How is the state addressing Florida’s home insurance problems? Citizens Insurance, which was designed by the state for homeowners to use as a backup plan, now owns 50 percent of the market share ...
Grants of $1,500 — or $2,500 for those 65 and older — could be used to pay for a mortgage loan or homeowners insurance. Floridians could also apply for grants of equal amounts for an auto ...
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