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Floridians already pay the highest home insurance premium in the nation at an average of $6,000 a year in 2023, a year-over-year increase of 42% and 3.5 times higher than the US average of $1,700.
She estimates they pay upward of $10,000 a year on insurance alone. Florida ranks sixth among states with the largest shares of homeowners who don't have meaningful insurance. About 18% of ...
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 ...
Citizens Property Insurance Corporation (Citizens) was created in 2002 from the merger of two other entities to provide both windstorm coverage and general property insurance for home-owners who could not obtain insurance elsewhere. It was established by the Florida Legislature in Chapter 627.351 (6) Florida Statutes as a not-for-profit insurer ...
As always, Florida will prepare for the worst and hope for the best. We already have nearly 18,000 linemen staged (and more en route), and are ready with search and rescue and roadway clearing ...
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