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.
Gov. DeSantis announces rate cuts for many South Florida Citizens Insurance customers
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.
Homeowners have said for years they've felt the impact of premium hikes and are paying attention to the changes coming to ...
Florida now has 7.58 million active insurance policies, marking an increase of over 130,000 in the past year. The overall ...
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 ...
A new partnership between Embark MGA and Security First Insurance could help some policyholders save money. Learn more: ...
This year could bring positive changes to the state's property insurance market, which has faced limited availability and skyrocketing premiums.
During a Wednesday news conference about insurance in Miami-Dade County, Florida Gov. Ron DeSantis said he wants to ...
The post Florida Residents Get New Home Insurance Option in a Risky Climate appeared first on Real Estate News & Insights | ...
A winter storm could worsen Florida and Louisiana's insurance crises, with snow damage challenging homeowners and insurers.
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