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According to Bankrate, as of August, the average annual premium for insurance in Florida is $5,531 for a $300,000 home — nearly two-and-a-half times the national average of $2,270.
Florida had the highest percentage — 20% — of homeowners paying that annual amount for homeowners insurance in 2023, according to the Census Bureau 2023 American Community Survey, released ...
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 study shows 15% to 20% of Floridians dropped their home insurance. ... it in the face of rising insurance costs across Florida. ... average annual premium for insurance in Florida is $5,533 ...
The average premium for homeowners insurance in Florida hit $6,000 per year for 2023, compared with just $1,700 for the nation as a whole, according to the Insurance Information Institute.
The range of homeowners' insurance costs is widespread. In Vermont, Bankrate data shows that people pay an average of $67 a month for a $300,000 dwelling limit, while in Nebraska, the most ...
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