Florida Homeowners To Get $650-Million Insurance Break
Teona Gherasim
Florida homeowners will soon see relief on their insurance bills as the state is ending a 1 percent insurance surcharge, introduced in 2023, two years ahead of schedule. While residents still pay some of the highest home insurance premiums in the country, the decision announced last week by the Florida Insurance Guaranty Association (FIGA) is yet another sign that the Sunshine State is out of the crisis that nearly brought the sector to its knees during the pandemic. After several insurers in
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