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Economy

“Florida’s 125% Surge in Property-Insurance Bills Sows Havoc”

“…In the five-year period ending 2023, costs surged 125%. Last year, annual premiums soared about 27% in the state — for the second year in a row — while nationwide the growth rate slowed to nearly 6% from about 15%, according to AM Best…”

https://finance.yahoo.com/news/florida-125-surge-property-insurance-113009251.html

Most of the article is examples of people who insurance went up. That price hike is insane.

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