State: we fixed Florida’s insurance crisis. Homeowners: we don’t buy it
State leaders insist they’ve resolved Florida’s property insurance crisis. Florida homeowners aren’t buying it.
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They’re reporting surging premiums, a staggering rate of being dropped by their insurers, and deep dissatisfaction with the coverage they’re getting.
Overall, 55% see no signs the insurance market is improving, and 26% contend it is getting worse. Most homeowners – Democrats and Republicans alike – say the state’s vaunted 2022-23 property insurance overhaul has primarily benefited the insurance industry, not the consumers who were promised relief.
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Read the full investigation by the South Florida Sun Sentinel and Orlando Sentinel.
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