Day: October 24, 2024

How Florida’s home insurance market became so dysfunctional, so fast

Imagine saving for years to buy your dream house, only to have surging property insurance costs keep homeownership forever out of reach. This is a common problem in Florida, where average insurance premiums cost homeowners an eye-watering US$6,000 a year. That’s more than triple the national average and about three times what Floridians paid on […]

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