this post was submitted on 04 Dec 2023
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Wait, are Floridian companies really doing that? Do you have a source?
https://www.cbsnews.com/miami/news/why-homeowners-insurance-is-spiking-options-are-shrinking/
Climate change means worse weather and more storm damage. Insurance companies need to make money off the deal so they raise rates or stop insuring properties.
https://www.newsweek.com/florida-insurance-crisis-explained-1812418
That’s just one of the first I found, I’m sure there are more recent ones.