Florida's Insurance Crisis: A Perfect Storm of Risk and Greed Florida's homeowners are drowning in insurance costs, paying an average of $3,414 more per year than their counterparts nationwide.
This is not just a matter of rising premiums; it's a symptom of a deeper problem that threatens the very notion of homeownership in the Sunshine State.
Insurance premiums have become an unbearable burden for many families, rivaling the cost of owning a car at nearly $500 per month.