Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs.
A survey by Redfin, a U.S. real estate broker, found that just over 70% of Florida homeowners said that they or they area in which they reside have been hit by higher insurance costs or changes in coverage. Some 12% of Florida homeowners surveyed also said they had been dropped by their insurer and the same percentage said that rising premiums and natural disasters are reasons behind their