Homeowners insurance premiums are causing some seniors to go without

long term care insurance trends

The skyrocketing rates are proving to be prohibitive to many older Americans in Florida. As the cost of homeowners insurance moves ever skyward, many senior citizens who are living in Florida are finding themselves in the highly risky position of having to allow their policies to lapse, and to take their chances with the costs that would occur if a hurricane should strike. As many seniors own their own homes with no mortgages, they have this precarious option. As seniors have often paid off their houses, they are legally allowed…

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