A Small Win for Florida Homeowners in a Still Unstable Insurance Market
The early end of a statewide insurance surcharge may save policyholders hundreds of millions of dollars. But for many Florida homeowners, the deeper challenges in the insurance market remain far from resolved. Why Florida Homeowners Are Paying Close Attention to Insurance Right Now For most homeowners insurance is something you purchase and rarely think about, until something goes wrong. It is meant to provide financial protection if a storm damages your roof, a fire destroys part of your home, or another unexpected disaster occurs. In Florida, however, homeowners’ insurance has become one of the most closely watched financial issues in recent years. Premiums have risen sharply, several insurance companies have gone out of business, and many homeowners have struggled to