Rising Insurance Rates in Florida: What Homeowners Can Do Now
Florida homeowners continue to face rising insurance rates, and many are wondering why. Several factors play a role — from increased storm activity and construction costs to changes in state regulations. At Jupiter-Tequesta Insurance Services, we help clients understand what’s behind the rate hikes and how to keep coverage affordable.
Why Rates Are Increasing
• More frequent and severe weather events
• Higher costs for materials and labor
• Reinsurance rate increases passed on by carriers
• Legal and fraud-related expenses impacting the industry
What You Can Do
• Schedule a coverage review to identify discounts
• Bundle home, auto, and flood policies for savings
• Complete a wind mitigation inspection for premium credits
• Install impact glass, reinforced roofs, or hurricane shutters
• Shop with an independent agent who can compare multiple carriers
Now is the perfect time to review your policy before the next renewal. Jupiter-Tequesta Insurance Services can help you find the right protection at the best value.