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Friday, December 2, 2011

Why are Florida insurance premiums rising despite six hurricane-free years? | House Keys blog

Why are Florida insurance premiums rising despite six hurricane-free years? House Keys blog

These charts show you how the insurance industry views your homeowner's policy premium. Even though no Category 3 or higher hurricane has hit any U.S. coast in over 6 years, the insurers are still recuperating from the bad cycle 6-8 years ago. In the last 10 years in Florida, the insurers did just a bit better than break-even; in other coastal states, they've fared worse. EMB

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