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News
Gulf Coast residents face insurance non-renewals and rising premiums in Florida
2+ hour, 8+ min ago (388+ words) Citizens Insurance has sent 45,000 letters to policy holders and many letters were sent to Gulf Coast residents notifying them that their policies will not be renewed, leaving many facing skyrocketing premiums and limited options for coverage. "It's terrible we're put…...
Florida homeowners face new insurance rules during hurricane season
1+ mon, 6+ day ago (256+ words) New state laws are altering insurance rules for Florida homeowners during hurricane season, affecting claim deadlines, premiums, and policy availability. Maria Waldron, a North Fort Myers resident, said her insurance costs have risen despite never filing a claim. Under the…...
Florida insurance costs rise as voters say the issue is driving them to polls
1+ mon, 2+ week ago (289+ words) A new study by Insurify reveals that 65% of Florida respondents say rising insurance costs are making them more likely to vote, with the issue taking center stage in the governor's race. "The only way our voice can be heard is…...
Insurance costs climb for manufactured homeowners in Florida despite Citizens rate cuts
3+ mon, 4+ day ago (448+ words) Manufactured homeowners in Charlotte County are facing rising insurance costs despite Citizens Insurance announcing an 8% statewide rate decrease earlier this year, which excluded older and manufactured homes. There are some 1,300 manufactured home owners here in the Maple Leaf Estates of…...
Report warns Florida homeowners of rising insurance costs by 2035
3+ mon, 2+ week ago (434+ words) Florida homeowners could see insurance premiums rise between 33% and 75% by 2035, according to a new report commissioned by the Coalition for an Insurable Future, which attributes the increase to the growing impacts of climate change. The report paints a troubling picture…...
Florida insurance assessment ends early, saving policyholders millions
6+ mon, 5+ day ago (220+ words) Gulf Coast News and Weather Florida homeowners will save over $650 million as an emergency insurance assessment ends two years early following the recovery of the state's insurance market.Ever since Hurricane Ian swept up the Gulf Coast, several home insurance…...