: Citizens Property Insurance, previously the "insurer of last resort," has seen its policy count drop significantly from 1.4 million to under 780,000 as of late 2025, signaling a healthier private market capable of absorbing risk.
For the first time in nearly a decade, the news for Florida policyholders isn't just "higher premiums." As of early 2026, the Florida insurance market is showing significant signs of stabilization and, in many sectors, actual relief for residents. 🏠 Homeowners Insurance: A Historic Shift
: Companies like State Farm, GEICO, Progressive, Allstate, and USAA are projected to reduce rates by an average of 8% this year.
: Legislative reforms have led to a 23% year-over-year drop in litigation filings, which directly translates to lower costs for carriers and eventually for consumers. 🚗 Auto Insurance: High Costs, New Savings
With the market shifting, your strategy should move from "survival" to "optimization." Home Insurance in Florida: What Actually Changed in 2025?
Florida remains one of the most expensive states for car insurance, with average annual rates for full coverage hovering around . However, there is a silver lining for 2026: