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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 ...
The average cost of homeowners insurance is $1,759 per year for $250,000 in dwelling coverage. Your own rate will vary based on the amount of coverage you need, your home’s location and more ...
In homeowners insurance, the 80 percent rule refers to the fact that most insurance companies require homeowners to insure their home for at least 80 percent of its total replacement cost.
A homeowners insurance policy is likely one of the best and most affordable ways to protect your property financially. ... also known as condo insurance, typically cover the interior of your unit ...
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 ...
Florida Gov. Ron DeSantis last week signed into law a property insurance bill aimed at lowering the state’s skyrocketing homeowners insurance costs and staving off a looming crisis.
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