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Environment & Energy

3Hotdogs

(13,485 posts)

8. I would guess inland Fl. would be cheaper to insure than coastal. Hurricane strength diminishes as it moves inland.

Reply to radical noodle (Reply #7)

Tue Apr 2, 2024, 07:47 AM

Apr 2024

I live in N.J. Our house is 92 year old, brick, two story, 12 rooms. Premium is $2,929.

BUT

The company just applied to the state board for a 25% increase. They will likely be approved for 10 -15%.

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Highlight:

Average FL Home Insurance Premiums Near $12,000; State-Run Last-Resort Insurers Take On Trillions In Risk [View all] hatrack Apr 2024 OP

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Surely this must just be in certain locations radical noodle Apr 2024 #7

I would guess inland Fl. would be cheaper to insure than coastal. Hurricane strength diminishes as it moves inland. 3Hotdogs Apr 2024 #8

That would make more sense radical noodle Apr 2024 #9

But if the state is taking on the risk pscot Apr 2024 #10