Florida, Louisiana, and Oklahoma are among the states with the highest home insurance rates in 2024, influenced by climate catastrophes and rising repair costs.
Two private insurers operating in Florida, Castle Key and Amica, are asking to increase their rates by 53 and 54 percent.
Homeowners insurance rates climbed by more than 34% in the state from 2016 to the present — the highest in the nation.
The best home insurance company for most people in Florida is State Farm, thanks to its strong customer service and affordable rates.
Predictions are coming in for the possible impacts to Florida insurance. The rising cost of insurance still taking a big bite out of family budgets.
Florida's state insurer has approved a hike in insurance rates that could potentially see its... "The average rate of home insurance in Florida is already over $10,000 a year and Citizens...
Floridians have been hit by dual crises as home insurance premiums are skyrocketing too.
South Florida and Treasure Coast homeowners are seeing their premium rates increase by 20 percent or more. In some cases, rates have doubled.
Gov. Ron DeSantis has signed multiple bills that could lead to lower premiums in the future. For now, Florida homeowners face the highest insurance bills.
No other state has suffered more from storms and other difficulties. Here's how weather, legal wrangling and gouging by contractors have put the squeeze on Florida homeowners.