How old can your roof be in Florida?
How old can your roof be in Florida?
If the roof on your home is 15 years old, your property insurance policy is at risk. Progressive Insurance is shedding roughly 56,000 policies on Florida homes with roofs older than 15 years, putting the squeeze on homeowners who are already finding it difficult or expensive to insure their houses. Feb 8, 2022
Why are homeowners insurance being Cancelled in Florida?
The reason? βTo reduce our overall exposure level related to catastrophic loss.β Tens of thousands of Florida homeowners have been left scrambling after their insurance companies dropped their coverage β and it’s all taking place during hurricane season. Jul 20, 2021
Does Florida require homeowners insurance?
Florida law does not require the purchase of homeowners’ insurance, but most people want to insure the largest investment they may ever make β their home.