Talk of The Villages Florida - View Single Post - Florida property insurance highest in the Nation...by a lot!!
View Single Post
 
Old 07-06-2023, 09:55 AM
Arctic Fox's Avatar
Arctic Fox Arctic Fox is offline
Soaring Eagle member
Join Date: Aug 2012
Posts: 2,480
Thanks: 29
Thanked 1,377 Times in 553 Posts
Default

Quote:
Originally Posted by Vermilion Villager View Post
The average premium for homeowners insurance in Florida hit $6,000 per year for 2023, compared with just $1,700 for the nation as a whole, according to the Insurance Information Institute. Florida premiums have soared by 42% in the last year alone, and by 206% since 2018.
So they were around $2,000 in 2018; still well above the national average (which was probably around $1,200).

I have never paid more than $1,000 (since 2010) but it all depends on value and cover.

I suspect that all of those beach-front properties that would disappear in a bad storm must be pushing the average up considerably.