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It seems it allegedly may be tied to age as even if you never had a claim in 40+ years and have a credit rating of greater than 800 you are still subject to a 100+% increase in your rate?
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please google actuary
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Primary duties: Actuaries handle financial risk management for individuals, businesses and government organizations. They examine financial costs, assess risk levels and recommend courses of action. They use their background in statistics to collect data, review trends and use business models to forecast future events. These professionals also use their expertise in math to calculate the probability of financial risk and generate charts and reports that show uncertainty. Actuaries often work for health, life or property insurance companies, which rely on their advice to develop policies and calculate premiums. /end
Actuaries create pools of similar characteristics of at risk items, in this case people who own homes, within florida, etc, estimate the risk of payout events happening, and then are used in a profit model within the legal rate structure of the state to determine premiums. Your situation looks like you moved into a different actuarial pool and combined with a different rate structure as determined by the insurance company for the pool. Of course you don't know the characteristics of the pool you are in, so of course you take this change personally.
Its nothing personal about event risk other than the pool you are in, the average premium, the expected proportion of premium price insensitive retainers, and the marketing total pool profit structure of each insurance company. . .
ie, there is nothing personal about the change in rates based upon you, but there is based upon your peers in your actuarial pool, like a very high portion of price insensitive policy holders.
Always shop around and get rid of the assumption in quotes, its irrelevant just as you as an individual are irrelevant to the premium setting.
finance guy