![]() ![]() ![]() The state of Florida has done zero in that period to help homeowners.”įlorida’s governor, Ron DeSantis, has been accused of dragging his feet on the insurance issue, as well as of a “catastrophic” approach to the climate crisis after saying he rejects the “politicization of the weather” and questioning whether hurricanes hitting Florida have been worsened by climate change. ![]() “But it has been getting a lot worse over the past two years. “This insurance trouble has been going on since Hurricane Andrew,” Andrea says, referencing the destructive category 5 hurricane that struck the Bahamas, Florida and Louisiana in August 1992. This brought my premium down to $2,200 annually, so I can stay for now.”Īndrea is among a number of Florida citizens who shared with the Guardian that rapidly exploding hurricane cover premiums had made their private property insurances unaffordable, and forced them to apply for cover with the Citizens Property Insurance Corporation, Florida’s not-for-profit insurer of last resort, created in 2002 to provide windstorm coverage and general property insurance for homeowners who could not obtain insurance elsewhere. Luckily I was able to get insurance through the state-funded program. “My insurance premium went from $750 in 1999 to a little over $3k last year, before jumping to $4,678 in 2023, despite the fact that the area I live in has not had a direct hit by a hurricane in over a hundred years and I have an itty-bitty house. Like many other Floridians, Andrea’s private insurance premium doubled in the past two years, and became her largest monthly bill, bigger than her mortgage payment. “But if my homeowner insurance premium goes up further,” she says, “I may have to sell up and move to another state.” Andrea, 68, a retired office manager in the automotive industry from Pinellas county, has lived in Florida for almost 30 years. ![]()
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