Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in

Florida Home Insurance Premiums Expected To Rise After Busiest Hurricane Season On Record

Blue plastic tarpaulin temporarily covers roof damage caused by Hurricane Irma in Key West, Florida. Courtesy: Shutterstock – Photo by Chuck Wagner After dodging the majority of the hurricanes and storms from the busiest Atlantic storm season on record, Florida residents were able to let out a massive sigh of relief, knowing that their property

State-Backed Citizens Property Insurance Expects to Get 30,000 New Policies

Fountain pen and a property/liability claim form on a clipboard waiting to be completed, filled and signed by a policyholder or insured person. Photo and Caption: William Potter/Shutterstock.com Florida’s Citizens Property Insurance Corp. revealed they are expecting to have an increase of approximately 30,000 new policies in 2020. This is according to Citizens Insurance President