How Could Hurricane Helene Impact Florida's Home Insurance?
As Hurricane Helene approaches Florida, many homeowners are concerned about the potential damage and its impact on the state’s already fragile property insurance market. With experts predicting strong winds and storm surges, even if Helene stays offshore, Florida's home insurance industry faces significant risks. This blog explores the implications of this storm on home insurance, particularly in areas like Tampa Bay, and what residents should expect.
Florida's Home Insurance Industry Braces for Impact
The Florida home insurance industry has been in a precarious position for some time, with high premiums, company exits, and the financial strain caused by previous hurricanes, most notably Hurricane Ian in 2022. Mark Friedlander, an expert from…
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