Florida Home Insurance 100% Accurate

What is the current average annual insurance premium for homeowners in Florida? - ANSWER $6,000 annually How does this compare to the national average? - ANSWER More than three times the national average of $1,700 per year Who is Arnaldo Pérez-Miró and why is he significant in the story? - ANSWER A 54-year-old Florida homeowner considering selling his property due to excessive insurance costs What legislative action did Florida Governor Ron DeSantis and the Republican legislature undertake in May of 2022? - ANSWER They passed a pro-industry legislative package that provided a $2 billion taxpayer-funded reserve for insurance companies and limited insurers' liability in court. What was the purpose of the $2 billion taxpayer-funded reserve for insurance companies? - ANSWER To prevent bankruptcy that insurance companies typically guarded against by buying reserves on the open market