In Flagler County, 2 percent of all insured properties were insured by Citizens, or $265.7 million worth of property. That’s less than the 5 percent of properties insured statewide by Citizens.
property insurance
Hurricane-Free For 9th Consecutive Season, Florida’s Property Insurers Now Better Braced for Catastrophe
A single Andrew-like Hurricane could wipe out in a day what Florida has taken almost a decade to recoup, but those nine years of calm have also placed the state in a stronger position to face an eventual and inevitable catastrophic storm.
That 1.3% Hurricane Charge on Your Property and Auto Insurance Is Ending 18 Months Early
Collected to help pay claims from the 2004 and 2005 hurricane seasons, an extra charge on homeowners- and auto-insurance policies will be removed 18 months earlier than previously expected.
Deceptive Calm: Flagler and Florida Spared 3rd-Busiest Hurricane Season on Record
The calm is deceptive: Florida has done nothing to reduce its colossal property-insurance exposure. To the contrary. Builders are increasingly encouraged to build anywhere to reverse the effects of the real estate crash.