By some estimates, homeowners' insurance in Florida is set to increase by 66% in 2023.
In Southeastern Louisiana, people are already feeling like they're underwater because of the rising cost of homeowners' insurance.
"I have a client that actually did walk away from her house just about two weeks ago," said Baldwin."The rate increase began on January 1 of this year at 63%, so now you have people that were getting the higher rates last year, they're getting three times higher the rate this year, so it's just been one crazy whirlwind."
Taylor is the owner of KFT Insurance Agency in Gretna, a large city across the river from New Orleans. She says car and business insurance are also affected, on top of coverage for housing.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
NASA accepting proposals to build next lunar rover to explore moonProposals are being accepted until July 2023, and a contract will be awarded in November 2023.
Baca lebih lajut »
The 10 best US cities to become a homeowner in 2023The 10 best cities to become a homeowner, where houses are affordable relative to incomes and property values tend to go up
Baca lebih lajut »
Top 5 trending summer travel destinations in the U.S. 2023—Florida didn't make the listAmerican Express Travel released its 2023 Global Travel Trends Report and ranked the top five trending destinations in the U.S. this summer.
Baca lebih lajut »
Tropical storm could form off Florida coast on 1st day of 2023 hurricane season, forecasters sayA tropical storm could form off the coast of Florida on Thursday, the first official day of the Atlantic hurricane season, NOAA forecasters said.
Baca lebih lajut »
Pride month 2023: Here is your event guide across Northeast FloridaPride Month is about community, love and support. Florida residents are encouraged to stand against discrimination and reject violence toward LGBTQ+ individuals.
Baca lebih lajut »
Alligator hunting season opening soon in Alabama: How, when to register🐊 If you've ever wanted to hunt a gator, your chance is coming up soon. Here are the details and requirements:
Baca lebih lajut »