Florida has secured the top spot for the highest average annual home insurance cost, coming in at an eye-watering $9,213. This significant figure highlights the financial burden faced by homeowners in the Sunshine State, surpassing other states in the US.
Key Points:
– Florida leads in the average annual cost of home insurance at $9,213
– Homeowners in Florida face a substantial financial burden compared to other states
– The high insurance costs in Florida may be attributed to factors such as natural disasters and climate risks in the state.
You can read this full article at: https://www.housingwire.com/articles/rising-home-insurance-costs-are-adding-pressure-for-buyers-insurify/(subscription required)
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