Florida home insurance customers to pay extra 1% emergency fee

Home insurance - 1% Emergency Fee

Property owners throughout the state will see the increase due to insurer insolvencies from hurricanes. Florida home insurance customers will be paying another 1 percent on top of their usual premiums in order to cover the cost of property insurer insolvencies caused to a certain extent by hurricane damage claims. This additional fee is being added to the already spiking rates being charged across Florida. Floridian consumers have been watching their home insurance premiums soar yet again as the state scrambles to try to prevent a full crisis in this…

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