Florida homeowners could again be at risk for huge homeowners insurance increases.
Experts say the odds of huge losses and large increases for homeowners who are insured by the states largest insurer are increasing. Anyone thinking of buying a home in Florida needs to learn more about insuring a home there. Obtaining Florida homeowners insurance is far different and more costly than anywhere else in the US. Huge increases in homeowners insurance forced many Florida homeowners out of their home after the record hurricane damage years of 2004 and 2005. It could easily happen again. Homeowners insurance and all other topics you should know about are found in the “Florida Move Guide”.
Is the state backed largest insurer short? Click link below.
A newspaper article here