Home insurance premiums now surpass property taxes in most US counties
A decade of rising insurance costs has pushed average homeowner premiums above property taxes in two thirds of US counties, with the Southeast facing the steepest increases.
Florida 2 articles
Florida occupies a long peninsula between the Atlantic Ocean and Gulf of Mexico, with Tallahassee as its capital. Miami's international trade, Orlando's tourism economy and the state's retirement and residential communities illustrate its varied development. The Everglades and coastal wetlands are central to water and habitat management. Hurricanes, rising seas, insurance costs and heat place distinctive pressures on homes, roads and public infrastructure.
Retired couples in Sarasota Bradenton face $78000 annual budget as insurance costs climb
A retired couple in Florida’s Sarasota-Bradenton region may need nearly $78,000 a year to cover living expenses, with homeowners insurance and healthcare making up a major share of the budget.