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  2. The home insurance market is crumbling. These owners are ...

    www.aol.com/home-insurance-market-crumbling...

    In the past, acquiring or keeping homeownersinsurance didn’t present much of a problem. ... Frustrated by the lack of choices, he switched to AAA home insurance for $2,880 a year.

  3. After devastating 2022 hurricane season, AAA not renewing ...

    www.aol.com/news/devastating-2022-hurricane...

    AAA won’t renew “a very small percentage” of homeowners and auto insurance policies in hurricane-wracked Florida, joining other insurers in limiting their exposure in the Sunshine State ...

  4. Younger homeowners are more likely to have home insurance dropped

    www.aol.com/younger-homeowners-more-likely-home...

    Fifty-one percent of younger homeowners (aged 18 to 34) had their home insurance nonrenewed or canceled in the last three years, compared to 15% of homeowners aged 35 to 54 and 5% of homeowners ...

  5. Florida remains hot housing destination despite home ...

    www.aol.com/finance/florida-remains-hot-housing...

    The added cost of flood insurance. About 40 percent of the hurricanes that make landfall in the U.S. hit Florida. Since Southern Florida is only about 60 miles wide, flood insurance may be crucial ...

  6. Citizens Property Insurance Corporation - Wikipedia

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

    Lexington Insurance Company announced that they will discontinue home insurance, sending another 8,000 property owners to search for a new insurer. Lexington specialized in homes worth $1+ million and Citizens will only insure property values less than $700,000, so Citizens was not an option. [29]

  7. Can lawmakers save the collapsing Florida home insurance market?

    www.aol.com/finance/lawmakers-save-collapsing...

    Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida liquidated. Five of those companies ...

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