Florida's home insurance crisis: What you need to know



If you have home insurance here in Florida, you could soon be facing costlier rates or even have to find a new insurance carrier altogether.

The company that rates insurance companies in Florida on their ability to fulfill loans, Demotech, was expected to release its new ratings on Tuesday. For insurance companies to be federally backed, they must have an “A” rating. 27 of the Sunshine State’s 40 insurance companies are expected to receive a downgraded rate, leaving millions of Floridians scrambling to find a new policy with a federally backed company.

That release was delayed, leaving insurance brokers and homeowners in a lurch.

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john smith

If you are forced placed insurance from your mort company you are screwed.

Google Account

Sounds like the rug is being pulled

Ivan Ivan

♥️𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗮𝗱𝘂𝗹𝘁 𝗽𝗼𝗿𝗻 𝘃𝗶𝗱𝗲𝗼𝘀 𝗼𝗻𝗹𝘆❤️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine verwohntt.online Brünette und eine andere Blondine. Es wäre unfairh, wenn ich 4 wählen würde

IrishGirl

It wouldn't shock me if the owners couldn't find any insurance and foreign investors scooped the land up for pennies and came in and bulldozed the properties. A lot of land grabs going on.

Hala Ah

♥️𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗮𝗱𝘂𝗹𝘁 𝗽𝗼𝗿𝗻 𝘃𝗶𝗱𝗲𝗼𝘀 𝗼𝗻𝗹𝘆❤️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine sleepfriendd.Online Brünette und eine andere Blondine. Es wäre unfairl, wenn ich 4 wählen würde