Florida homeowners insurance: The risks and benefits of going without

In Florida, insurance premiums are drastically increasing due to a crisis, with homeowners paying triple the national average. Reasons for this include roof-replacement scams, large attorneys fees, and hurricanes. Governor DeSantis signed a bill to help keep insurance companies in the state, but it did not address rising costs. Self-insuring is an option, but it carries its own risks and is not accessible to middle and lower-income families.