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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.

 

 

About John Wheeler


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

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