Florida is experiencing an exodus, but it’s not from residents relocating; rather, this is an exodus of home insurance companies. While this would be concerning in any state and at any time, it is particularly worrisome in Florida ahead of the Atlantic hurricane season, which starts on June 1.
Bankrate dug deep into Florida insurance news to discover the cause of this problem. We can help you understand why the Florida home insurance crisis is happening and what you can do to prepare for the possibility of receiving a cancellation or nonrenewal notice on your homeowners insurance policy.