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After two hurricanes in 2022 and historic flooding last month, more Florida homeowners than ever realize they need flood insurance. Unfortunately, it comes at a time that coverage costs are exploding.
Homeowners adding solar panels study energy savings and break-even costs, but they should also call their insurer: Some increase premiums and some cancel policies.
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Rooftop solar customers say insurance companies are refusing to cover them or canceling them if they install solar panels. If you are considering getting solar, here's what you need to know to make sure you stay insured.
The news keeps getting grimmer for Florida insurance customers: Displaced policyholders with open claims are having trouble getting new coverage; a financial stability ratings firm is asking for a special legislative session to tackle a looming funding crisis; and a leading insurer of homes worth $1 million or more is pulling out of the homeowner market, leaving wealthier homeowners with dwindling choices.
The news keeps getting grimmer for Florida insurance customers: Displaced policyholders with open claims are having trouble getting new coverage; a financial stability ratings firm is asking for a special legislative session to tackle a looming funding crisis; and a leading insurer of homes worth $1 million or more is pulling out of the homeowner market, leaving wealthier homeowners with dwindling choices.