Wed.Jun 26, 2024

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Florida Homeowners Premium Growth Slowsas Reforms Take Hold, Inflation Cools

Triple-I: Homeowners Insurance

Homeowners insurance premium growth in Florida has slowed since the state implemented legal system abuse reforms in 2022, according to a Triple-I analysis. As shown in the chart below, average annual premiums climbed sharply after 2020. This was due in part to inflation spurred by the COVID-19 pandemic and the war in Ukraine as well as longtime challenges in the state with claim fraud and legal system abuse.

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Shoreham Bank Physician Mortgage Review (Updated 2024)

LeverageRx

BMO Harris Bank offers physician mortgage loans for medical professionals. Click to find out more about the details and benefits.

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