In the News
REMINDER: DeSantis Helps Insurance Companies at the Expense of Floridians
Today, at a press conference in Panama City, Ron DeSantis took a moment to brag about his failed record on property insurance legislation without mentioning that the legislation he’s signed has overwhelmingly helped insurance companies at the expense of homeowners in Florida.
Here’s how DeSantis’s Failure on Property Insurance Hurts Floridians:
- Floridians are paying the highest rates in the nation for property insurance, more than three-times the national average. In 2022, Floridians paid an average of $4,231 for home insurance and potential increases of 20 to 25% are possible this year.
- Making it easier for property insurance companies to shift more costs to homeowners, and delivering a $2 billion dollar taxpayer-funded bailout to property insurance companies.
- Shielding insurance companies from lawsuits when they fail to pay out claims owed to homeowners.
- Property insurance companies aggressively reducing payouts, some by anywhere from 45 to 97 percent, and refusing to cover property damages, leaving Florida families with homes still unrepaired from Hurricane Ian.