Florida Home Insurance Rates Drop | Orlando News

Florida homeowners are breathing easier as insurance rates drop in 51 counties — a welcome shift after years of steep hikes. Thanks to 2022 reforms that curbed costly lawsuits and attracted more insurers, premiums are falling. Once responsible for nearly 80% of national home insurance lawsuits, Florida now accounts for just 41% — freeing up savings for homeowners. Lower reinsurance costs also help, as global reinsurers regain confidence in the state. While Florida still faces high costs overall, this downward trend is a major win for residents. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cef1ea832d196bd6