2 Florida home insurance companies aim to raise rates more than 50%

Home insurance - Rising insurance rates Florida

Amica Mutual Insurance and Castle Key Indemnity have requested the increases in the state Home insurance rate hikes are nothing new to Florida property owners, but a recent request made by two private insurers in the state aims to increase rates by over 50 percent. Increases at that level are high even for Florida Amica Mutual Insurance and Castle Key Indemnity have formally requested to raise their rates by more than 50 percent for policies covering condominiums and secondary residences. According to the companies, the increases are required to help…

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