How Florida’s home insurance market became so dysfunctional, so fast
- Written by Latisha Nixon-Jones, Associate Professor of Law, Jacksonville University
Imagine saving for years to buy your dream house, only to have surging property insurance costs keep homeownership forever out of reach.
This is a common problem in Florida, where average insurance premiums cost homeowners an eye-watering US$6,000 a year. That’s more than triple the national average and about three times what Floridians paid...