News

Check out market updates

Supporting Home Ownership thru Real Estate Knowledge, Market News & more!

Florida insurance market shows recovery signs after steep rate increases

Florida's home insurance rates have significantly increased due to an insurance crisis, with several companies going insolvent since 2020. Despite recent reforms, experts warn the industry is still not fully stable. However, new insurance companies are entering the market, indicating some improvement. Factors such as material costs, severe weather, and lawsuits have contributed to rate…