70.3% of Florida and 51% of California homeowners face rising home insurance costs or coverage changes, according to a Redfin report.
70.3% of Florida homeowners and 51% of California homeowners have experienced rising home insurance costs or changes in coverage, according to a Redfin report based on a survey by Qualtrics. This compares to less than half (44.6%) of homeowners nationwide. The report indicates that insurance is a growing concern in both states, which have become epicenters of the nationwide housing insurance crisis.
April 17, 2024
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