A Redfin survey has found that nearly three-quarters (70.3%) of Florida homeowners and over half (51%) of California homeowners have seen a rise in insurance costs or change in coverage in the past year.
Tag: FL homeowners insurance
Florida Lawmakers Propose Ideas to Fix State’s Homeowners Insurance Crisis
As Florida’s state lawmakers reconvene for the annual legislative session this month, one of the top issues they’re hearing from constituents about is the state’s homeowners insurance crisis. Naturally, some lawmakers and officials have ideas.
Florida Insurance Market Shows Recovery Signs After Steep Rate Increases
Last year, lawmakers put new reforms in place, and now Florida’s insurance commissioner says the bleeding has stopped and the state is seeing improvements but is the industry finally in the clear?
Homeowners Insurance in High-Risk States Hits Retirees Hard
Eric Diton, a money management professional, assists his clients in dealing with complex personal finance issues. However, he is discovering that a surprisingly mundane budget item is causing more of them to become dissatisfied: homeowners insurance. “I can definitely say that it’s a topic of conversation and on their radar for my Florida clients,” said… Continue reading Homeowners Insurance in High-Risk States Hits Retirees Hard