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New competition in Florida’s insurance market brings hope for lower premiums

JACKSONVILLE, Fla. – Christmas is fast approaching, but there’s one unexpected gift homeowners might unwrap early this season: lower property insurance premiums. Industry experts say shopping around for coverage could yield significant savings, as Florida’s private insurance market shows signs of recovery.RELATED|Citizens Property...

Costly mistakes Floridians should avoid during open enrollment – Insurance News

Open enrollment season is an important time of the year for your money and health. Making mistakes can lead to skipping doctor appointments or losing out on tax-free savings. In Florida, the enrollment window for the Affordable Care Marketplace plans runs from Nov. 1, 2024,...

Dropping Homeowners Coverage Could Prove Costly

Lew Sichelman If you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. Your lender will most certainly object, assuming you have a mortgage. But even if you own the house outright, you might not be able...

Americans need six-figure salaries to afford a house in most cities, new economics report shows

Pulte Capital CEO Bill Pulte weighs in on rising mortgage rates and says that until supply increases, high housing prices will be seen. Americans need to earn nearly $108,000 a year to afford a single-family home in most...

California homeowners could face property insurance hikes under new rules – Insurance News

(The Center Square) – California homeowners may face noticeable insurance rate hikes under new rules finalized by state regulators that allow property insurers to use complex climate algorithms — what consumer advocates call secret "black box" models — to set prices. This article is...

Home insurance premiums increase heavily in some Utah counties

PROVO, Utah — Median home insurance premiums have been rising nationwide, hitting some of Utah’s counties hard.  Utah and Weber...