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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 ...
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 ...
Until Ian, Florida had not taken a direct hit from a hurricane since 2018′s Hurricane Michael, yet rates have risen sharply. In 2019, when DeSantis was sworn in, Floridians paid an average ...
A "Victory Oil" semi-trailer truck from 1943. The trucking industry in the United States has affected the political and economic history of the United States in the 20th century. Before the invention of automobiles, most freight was moved by train or horse-drawn vehicle. During World War I, the military was the first to use trucks extensively.
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 ...
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