Florida's Citizens Insurance to cut rates by 5.6% in 2025
Florida’s Citizens Property Insurance Corp. will reduce rates by an average of 5.6% statewide in 2025, according to Gov. Ron DeSantis. The governor said the state had the lowest average increase in homeowners insurance rates nationwide over the past year.
Homeowners have said for years they've felt the impact of premium hikes and are paying attention to the changes coming to ...
Who knew? A lot of Floridians, it turns out, would like some free government money to harden their homes. Since the state’s ...
Florida is one of the most expensive states for homeowners insurance, largely due to the heightened risk of hurricanes, floods and other severe weather. Annual premiums averaged $5,376 in ...
This year could bring positive changes to the state's property insurance market, which has faced limited availability and skyrocketing premiums.
A new partnership between Embark MGA and Security First Insurance could help some policyholders save money. Learn more: ...
Florida now has 7.58 million active insurance policies, marking an increase of over 130,000 in the past year. The overall ...
“For a 10-year-old asphalt shingle roof at 60 mph winds, we can expect a one-in-12 chance of damage,” said Michael Newman, ...
The post Florida Residents Get New Home Insurance Option in a Risky Climate appeared first on Real Estate News & Insights | ...
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