Promising trends could lead to cheaper home insurance in Florida
Florida homeowners are outpacing the national average to insure their homes, but changes in the property insurance market could lead to lower rates.
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Florida homeowners are outpacing the national average to insure their homes, but changes in the property insurance market could lead to lower rates.
Democrats criticize the GOP's tax cut as insufficient amidst Florida's insurance woes, stressing the need for deeper reforms.
Amid signs that Florida Governor Ron DeSantis may be losing his grip on the Republican-controlled Legislature, the Senate sided with him on one idea.
Your insurance company might be checking out your house from the sky. And 7 Investigates found if they don’t like what they see, they’ll cancel<a class="excerpt-read-more" href="https://whdh.com/7-investigates/7-investigates-sky-high-surprise-2/">Read More</a>
Robert Shiver’s bill for his homeowner insurance jumped from $3,800 in 2022 to $8,000 in July. “I remember opening the bill and, honestly, laughing, like, ‘This is not feasible,’” he said. Shiver, 40, who lives about 20 miles east of Tampa, Florida, did not pay the bill. Instead, he worked with his insurance agent to shave off parts of his coverage, lowering the estimate for how much the insurer would have to pay to potentially rebuild his house from around $710,000 to about $560,000. Shrinking