Will Rising Homeowners Rates Affect You?

Category: Homeowners

You may not know that the state of Florida has recently approved an average of 6.3% increase in homeowners’ insurance rates for residents protected through the state-backed property insurer, Citizens Property Insurance Corp.

Depending on the type of policy, rates will increase at different amounts. For example, homeowners with multi-peril insurance policies will have a 4.4% increase. On the other hand, residents with wind-only policies will get hit with an average increase of 10.5%.This is actually the fourth year in a row that this state-backed insurer has raised their rates, and shows no sign of stopping in the near future.

Speak to an DTRT Insurance agent today to learn more about your homeowners insurance options. As an independent agency, our priority is finding the right coverage for our customers at the right price. Avoid paying these increasing Florida insurance rates, and call our experienced agents today at 954-772-8232. Or, visit our website to learn more about your homeowners insurance options with DTRT Insurance, and even fill out a free quote!

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