Why is it hard to get home insurance in Florida?

Why is it hard to get home insurance in Florida?

Why Florida Homeowners Insurance Costs So Much Because Florida sits between the Atlantic Ocean and the Gulf of Mexico, it has catastrophe exposure on both its east and west coasts (most states don’t even have both an east and west coast!), from two different water bodies that have different weather patterns. Mar 16, 2020

Can homeowners insurance be denied?

Homeowners insurance companies may deny you a policy for many reasons. But whatever the specific reason, it’s likely something indicating you or your property are high risk.

What makes a home uninsurable?

In the housing market, an uninsurable property is one that the FHA refuses to insure. Most often, this is due to the home being in unlivable condition and/or needing extensive repairs.

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