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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 ...
According to the Insurance Information Institute, only 9% of the nation's home insurance claims come from Florida. But 79% of the nation's homeowners' insurance lawsuits come from the state.
Homeowners in Florida are already paying the highest insurance premiums in the nation, with an average premium of $6,000 per year, versus the U.S. average of $1,700 per year, according to Mark ...
For the past several years, Florida has been one of the most visible fronts of a nationwide property-insurance crisis that has caused premiums to rise across the U.S. by an average of 31% between ...
He cited one simple reason: Home values keep going up, making them more expensive to insure. The more than 1.3 million Floridians covered by state-run Citizens Property Insurance policies could ...
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 ...
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