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Two Florida lawmakers blame insurance companies — not new state law — for helping to fuel a condo crisis that has hit owners with rising fees and assessments in high-rise buildings.
Condo sales, on the other hand, are slow because the cost of both buying and owning a condo has surged. Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping ...
4. Compare quotes based on coverage. When you purchase a home insurance policy, the rate will vary based on a number of factors that are unique to you and your home. Additionally, home insurance ...
If Florida and the alarming property insurance trends nationwide are any indication, homeowners seeking affordable property insurance shouldn’t expect much help from state governments alone ...
The average cost of an NFIP policy in Florida is $958 and the risk-based cost is $2,213 for a single-family home. ... competitive and affordable homeowners insurance market and reduce insurance ...
The crisis in the Florida insurance market. Florida has always been a complex home insurance market. Since 2017, eleven property and casualty companies that offered homeowners insurance in Florida ...
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