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Here's how much home insurance in Florida costs on average and what to know about shopping for a policy during hurricane ...
In fact, major insurers like Farmers and Progressive have either left states like Florida or limited their exposure to these ...
While wealthy coastal counties bear the brunt of landfalling storms, poor residents in inland counties are navigating an even ...
"I’m just sitting here, and I don’t know which way to go." Experts raise red flags as soaring home insurance costs impact some communities more than others: 'It isn't looking good' first appeared on ...
An analysis shows non-renewals are initiated by the insurers, spiking 280% in five years from 2018 to 2023, the highest in ...
Florida must address the insurance cost challenge. Mitigation is the state’s most proven, cost-effective and underutilized ...
Our market is becoming more and more competitive, and we continue to see great progress," state insurance commissioner says.
The Fanchers’ predicament is just one of many linked to the insurance crisis in hurricane-prone Florida. Rates are sky-high ...
Hurricane Season 2025 is quickly approaching, which means home insurance in Florida will get harder to buy in just a few months. Although the state's been in a years-long insurance crisis, it's ...
Nationwide, insurance companies closed 41.9% of homeowner claims with no payment in 2024, up dramatically from 25.8% in 2004. But in Louisiana, the denial rate was even higher at 44.6%.
“The Florida homeowners insurance crisis is the result of several factors, including hurricanes and litigation, that have caused home insurance companies to pull back, leave the state or even go ...
Florida had the highest rates of home insurance non-renewal in the nation, rising to around 3 percent of policies statewide in each of 2022 and 2023.