A recent survey by the Insurance Information Institute shows an alarming trend that 15% to 20% of Florida homeowners are scrapping coverage and self-insuring their homes.
The Insurance Information Institute reports Florida’s home insurance is the highest in the country at an average of $6,000 per year vs. the U.S. average of $1,700 per year.
We want to hear from you. Are you one of the many Floridians self-insuring your home because of the rising cost of insurance? Answer in the form below and your response may be read on a Channel 4 newscast.