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Is self-insurance good idea for Florida homeowners?

Is self-insurance good idea for Florida homeowners? Strategy can save money but downsides persist Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. WPTV and last updated 2021-05-28 14:28:12-04 WEST PALM BEACH, Fla. — Given the well-documented recent rise in home insurance costs in Florida, residents are searching for a variety of options to save money on their bills. One of the choices that some homeowners are considered is self-insuring their own home. So, what does that mean? Self-insuring your house basically means you do not have a policy with a standard company.

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