Florida Hurricane Home Insurance: Bracing for the Worst

Published on October 29, 2024

News Analysis If you’re thinking of moving to Florida anytime in the next year, you might want to bring an extra calculator and an attorney. In the wake of hurricanes Helene and Milton, home insurance across the state is about to increase—and unless the insurance markets get some form of miraculous relief in the next few months to handle claims, experts are expecting rates across the board to reach new highs. “There is hope, but it’s not looking that great,” said Jon Moller, vice president of condominium insurance association sales with Brown & Brown Insurance in Fort Lauderdale, in a Virtual Webinar on Oct. 25....