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Updated over 3 years ago,
Home Insurance Rates in Florida Have Gone Parabollic
I got renewal quotes on 2 of my investment properties in Tampa this week. Last year I paid $1475 in premiums for the 2 houses combined, but the quotes this year came in at about $2200. That's about a 40% YoY increase! In a non-hurricane year!
Do any other Florida investors have recent insurance hike horror stories? Any recommendations on other providers or is just universal across the board?