Quote:
Originally Posted by Boffin
The Insurance Information Institute projects that property insurance rates in Florida will increase by at least 40% in 2023. Mark Friedlander, the Institute's Director of Communications, said these increases come as Floridians are already paying more than homeowners in other states.
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My niece who lives in Springhill(about an hour from here) received an interesting letter from her insurance company. It stated that starting in 2024 all homes must now carry flood insurance. Her home is no where near water not even a puddle. She said her in-laws received the same letter. IDK!
New rules coming for Florida? I did not get a letter.