Florida Homeowners Insurance Rates on the Rise: What You Need to Know

Monday, 1 April 2024, 11:03

Florida homeowners may face increasing insurance rates as the state leads the US in insurance costs. With an average premium of $10,966, Florida residents pay over four times more than the national average. This trend highlights the significant financial burden on property owners in the state.
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Florida Homeowners Insurance Rates on the Rise: What You Need to Know

Florida Homeowners Insurance Rates Surge

Florida homeowners are bracing for higher insurance costs, surpassing the national average by a significant margin. The rising rates pose challenges for property owners in the state.

Key Points:

  • Florida Average Premium: $10,966
  • National Average Premium: $2,377

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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