Many Florida homeowners struggle to find affordable home insurance, often relying on Citizens, the state's insurer of last resort. Rising costs are attributed to frequent natural disasters and litigation expenses. Top-rated insurers include Amica and Chubb, both noted for customer satisfaction and coverage options. The average annual cost of homeowners insurance in Florida is $2,625, significantly higher than the national average. Recent legislative efforts aim to stabilize the insurance market, while homeowners are encouraged to mitigate risks, especially from hurricanes and sinkholes.
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