The Florida Insurance Guaranty Association voted to terminate the 1% assessment on all Florida homeowners property policies two years early.
Florida homeowners now pay an average of $5,838 a year to insure their homes, the third highest in the nation. In parts of the Keys, premiums top $18,000.
With natural disasters being a relatively common problem in Florida, it’s little surprise how much of a hassle it can be to find an effective homeowner’s insurance provider.
Florida ends a 1% insurance surcharge 2 years early, saving homeowners up to $650M. See what it means for your bill.
The average homeowner may save $31 a year after the end of the 1 percent surcharge that has been in place for nearly three years.
A new resource hub from the Personal Insurance Federation of Florida ( PIFF) provides advice on changes in the insurance industry.
An assessment added after insurer failures will end in 2026, earlier than planned. Officials say policyholders statewide could save about $650 million.
Florida lawmakers considered reversing recent property insurance reforms despite positive impacts on market stabilization. Florida homeowners still face high insurance costs, partly due to the state's ...
The change is part of longtime efforts to shrink Citizens Insurance exposure to liabilities during major storms dating back to 2014.
A majority of Floridians support reforming property taxes, a new survey found—especially older homeowners.