Thu. Dec 26th, 2024

Homeowners insurance carrier cutting Florida policies

Homeowners insurance carrier cutting Florida policies

Following recent major hurricanes like Ian and Nicole in 2022, and Idalia last year, Florida homeowners ought to prepare for increases of up to 23% this year, according to a new report by Insurify.

Condo owners, for example, are bracing for the state to rule on a more than 50% rate hike request by Castle Key and Amica Mutual Insurance companies.

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