By now, you don't need to be told that Florida's home insurance rates are skyrocketing. Increased frequency and intensity of hurricanes and other storms are one reason. But Florida hasn't experienced a major hurricane since 2017 s Irma, which affected most of the state, and Michael, which caused a wide path of destruction in the Panhandle in 2018..
By now, you don't need to be told that Florida's home insurance rates are skyrocketing. Increased frequency and intensity of hurricanes and other storms are one reason. But Florida hasn't experienced a major hurricane since 2017 s Irma, which affected most of the state, and Michael, which caused a wide path of destruction in the Panhandle in 2018..
Home insurance in Florida is a battleground for contractors, lawyers and insurance companies. Attorneys for both sides rake in most of the money paid out for litigated claims. In the end, consumers are forced to cough up more money each year to fund those legal battles.