Rising Insurance Premiums, Carrier Losses Threaten Florida Real-Estate Boom

Florida vacation homes Citizens

Florida’s property-insurance market is headed toward a crisis, as mounting carrier losses and rising premiums threaten the state’s booming real-estate market, according to insurance executives and industry analysts. Longtime homeowners are getting socked with double-digit rate increases or notices that their policies won’t be renewed. Out-of-state home buyers who have flocked to Florida during the… Continue reading Rising Insurance Premiums, Carrier Losses Threaten Florida Real-Estate Boom