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.

TALLAHASSEE — Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most-common type of homeowners policy increasing by a statewide average of 6.6 percent.

TALLAHASSEE -- Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami, DeSantis said 73 percent of Citizens customers with homeowners policies in Miami-Dade County will receive premium reductions.

State insurance regulators approved an average 8% rate hike for Citizens residential customers, down from the 14% hike requested by the company. The rate changes were announced in a final order

Governor DeSantis announced that major auto insurance companies such as GEICO, Progressive, and State Farm have filed for rate reductions of -10.5%, -8.1%, and -6%, respectively, and Florida has the lowest average premium rate increase in the nation,

The Trump administration evicted former Coast Guard Commandant Linda Fagan from her home with three hours of notice on Tuesday. The Trump White House press secretary's gaffe prompted two words to trend online. Trump had previously addressed Mahomes’s wife Brittany and thanked her for supporting his campaign

Governor Ron DeSantis was in Miami on Wednesday, announcing that home and auto insurance rates are set to drop in 2025.

Relief could soon be coming to florida homeowners and drivers.governor ron desantis announcing yesterday home and auto insurance rates are dr