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Insurance | Auto - Home - Business

Skyrocketing Home Insurance Rates – Here is why

April 21, 2022 By John Wheeler

The average premium to insure a home in Florida increased 25% last year, and some homeowners suffered even greater increases.  In some cases, we have seen 100% increases.  Experts tell us the cause of the increases are rampant fraud, run-away litigation and rising inflation.  This video that tells the story.

There is hope on the horizon though.  Earlier this week, Governor DeSantis called for a special session of the Legislature to address the home insurance crisis.  We hope they get it right this time.

 

 

35bebeb106088468568dfb548db334cff2a9c076ee9f0e147e0eba4c3f0c24de?s=60&d=mm&r=g Skyrocketing Home Insurance Rates - Here is why

About John Wheeler


Licensed General Lines Agent, Chartered Property Casualty Underwriter (CPCU) from American Institute. John Wheeler on google+

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Filed Under: Lake City News

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