Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm devastates their homes, businesses and communities.

A new insurance company is joining the Florida market just months before the start of hurricane season, marking the 12th company to enter the insurance landscape since lawmakers passed state laws aimed at reforming the industry.

Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive.

A new study from the Insurance Research Council revealed that one in three drivers in the U.S. are either uninsured or underinsured. The data shows a 10% increase in the number of such drivers since 2017, and in Florida, the situation is even worse.

With skyrocketing property insurance and the cost of housing among the biggest concerns for Floridians, two Republican lawmakers recently introduced a couple of bills aimed at giving relief to homeowners. However, some experts say that if approved, the bills might have the opposite effect.

According to a new study from the Insurance Information Institute (Triple-I), the cost to rebuild a home has surged by 55% from 2019 to 2022—nearly four times the rate of inflation. This means many homeowners in Florida may no longer have enough insurance to fully cover the cost of rebuilding their homes in the event of a disaster.

Homeowners’ insurance policies appear poised to continue flowing out of the state’s Citizens Property Insurance Corp. in 2025.

The cost of home insurance in Florida was a hot topic at this year’s Florida Chamber of Commerce Insurance Summit in Orlando.

Christmas is fast approaching, but there’s one unexpected gift homeowners might unwrap early this season: lower property insurance premiums.

A Bankrate Study shows Florida already has the highest auto insurance in the nation -- $1,4000 more than the national average.

Property insurance experts say Florida homeowners have reason to be hopeful about future insurance costs.

Citizens Property Insurance denied 77% of homeowners claims from Hurricane Debby, according to new data from the Allbritton Journalism Institute.

The aftermath of Hurricanes Helene and Milton is still being assessed, and early estimates suggest that the financial impact could be felt by Florida residents in more ways than one.

Another insurance company has decided to enter Florida’s property insurance market, a move expected to boost competition and offer more options for Floridians.

In Duval, Clay, St. Johns, and Nassau counties, property insurance premiums rose by an average of 13.5% from 2023 to 2024.

In a unanimous vote Wednesday morning, the Citizens Board of Governors approved a 14% price hike for policyholders -- covering single family homes, condominiums, mobile homes and rental properties.

For years, property insurance companies have used drones to inspect property damage after a natural disaster.

Floridians are in the midst of hurricane season and a property insurance crisis.

Some assisted living facilities and nursing homes have been forced to close due to escalating operating costs tied to Florida’s skyrocketing property insurance rates, according to data from Bloomberg.

A new report from the Labor Department shows nationwide the cost of auto insurance jumped nearly 2% in April, bringing the total annual gain to over 22%.

Florida’s Office of Insurance has stated the average homeowner’s property insurance premium in the market is approximately $3,600, but other insurance data experts report higher premiums.

Florida’s property insurance market is showing signs of stabilization, according to the president of the Florida Senate. However, experts fear that an “explosive Atlantic hurricane season” predicted for this year could pose a threat to that positive trend.

Florida lawmakers introduced a new bill that could save customers money on flood policies and encourage more homeowners to get insurance.

One in three Floridians who get dropped by their homeowner’s insurance company have moved or plan to move somewhere else.

Colorado State University’s (CSU) preseason hurricane forecast could potentially have a detrimental effect on Florida’s property insurance rates.

The Florida Office of Insurance Regulation will hold public hearings next week to determine if two private insurance companies can increase their premiums by more than 53%.

The rising cost of home insurance has prompted some families to leave Florida and also led to an increase in homeowners deciding not to insure their homes, citing the high price of premiums.

Florida property insurance experts say the approval of four insurance companies to take as many as 125,000 policies from Citizens Property Insurance is another sign the state is headed in the right direction.

Thursday marks one year since Hurricane Ian made landfall in Southwest Florida as a category 5 hurricane, and to this day, residents and businesses hit the hardest are still recovering from the deadliest storm to hit the state since 1935.

As a major hurricane, Idalia not only threatens the lives of Floridians but also the progress of Florida’s property insurance market that was already in crisis.

Property Insurance experts are calling it a step in the right direction, in helping consumers in the state of Florida who have been rocked by the home insurance crisis.

It continues to be a hot topic in Florida: The property insurance crisis that’s resulted in skyrocketing premiums for homeowners and more than a dozen insurance companies that have stopped writing policies in the state.

Two weeks into hurricane season, and two property insurance companies in Florida are scaling back policy coverage, citing their vulnerability to natural disasters like hurricanes and flood.

Hurricane season just started and that means we need to prepare for the just in case experience.

As more private insurers are dropping customers and raising their rates, the number of policies Citizens Property Insurance Core has issued has doubled over the last two years.

Insurance experts are calling it the most groundbreaking property insurance reform legislation ever introduced in the state of Florida.

Starting this summer, the home hardening incentive removes sales tax from storm resistant windows, exterior doors and garage doors.

In the last conversation Rance had with Mark Friedlander from the Insurance Information Institute, they chatted about what people need to do to prepare for storms.  This one focuses on the insurance aspect of hurricane prep.  Do you have enough coverage for your whole house at today’s prices?  You might have coverage for your home at $300K, but it might have a new appraisal at $325.  You would be responsible to cover any expenses above the original $300K.  They discuss the auto insurance needed in case your car is damaged in the storm.

Hurricane season officially started and the Jacksonville community needs to be prepared…just in case.  Mark Friedlander from the Insurance Information Institute chatted with Rance about steps people need to take to ensure they are ready in case a major storm passes through the area.  Make sure you store at least 14 days of non perishables which include water, some food items, medicines and pet supplies.  Every year, a tax free hurricane shopping event is open to the public.  This year’s event has been expanded to two weeks from May 28th to June 10th.

It’s the time of year, many Floridians dread…Hurricane season!  While it doesn’t officially start until June, the time to prepare is now.  Last year, actual storms exceeded predictions by 15.  This year, an above average number of storms is also predicted.  Though the specter is always unknown until it actually happens, there are many steps that should be considered to make sure you are not left in a lurch if Mother Nature unleashes her fury.  Rance Adams spoke with Mark Friedlander from the Insurance Information Institute about Hurricane Preparedness Week and things you can do to be ahead of the curve.

It’s the time of year, many Floridians dread…Hurricane season!  While it doesn’t officially start until June, the time to prepare is now.  Last year, actual storms exceeded predictions by 15.  This year, an above average number of storms is also predicted.  Though the specter is always unknown until it actually happens, there are many steps that should be considered to make sure you are not left in a lurch if Mother Nature unleashes her fury.  Rance Adams spoke with Mark Friedlander from the Insurance Information Institute about Hurricane Preparedness Week and things you can do to be ahead of the curve.