Rising inflation has made it difficult for hundreds of Florida homeowners to obtain affordable property insurance. According to new data from Citizens Property Insurance Corp., Florida’s “insurer of last resort,” the company dropped 2,267 policies statewide during the 12-month period ending June 30 because the replacement value of their homes exceeded $700,000. Except in Miami-Dade… Continue reading Hundreds of Citizens Policies Dropped after Home Values Exceeded $700,000 Cap
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