Navigating Property Insurance Challenges in Florida: Tips for High Premiums or Dropped Coverage

Florida homeowners grappling with escalating property insurance costs receive guidance on navigating premium hikes or policy cancellations. Insurance agents recommend proactive measures, urging homeowners to understand premium increases, explore alternative coverage options like Citizens Property Insurance Corp., and consider upgrading hurricane deductibles to manage costs.

“We need to complain to our legislators, to our governor, to our senators, to our congressmen. They need to do something.” 

Helen Borrero, Agent, Shoreline Insurance in Palm Beach Gardens

Credits for home improvements can offer savings, but experts emphasize prioritizing home protection over insurance discounts. In the event of coverage cancellations, communication with insurance agents is crucial, as they guide homeowners through necessary inspections and facilitate the shopping process.

Key Takeaways:

Advocacy for policyholders is highlighted, with calls to engage legislators and officials for necessary reforms to address the ongoing insurance challenges in the state.

Check out the whole article here: Navigating Property Insurance Challenges in Florida: Tips for High Premiums or Dropped Coverage

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