Your Florida Homeowners Insurance Policy
It’s no secret that homeowner’s insurance premiums in Florida continue to skyrocket. In 2023, rates jumped up by 40%. Since 2017 Florida has experienced 4 major hurricanes in the State which caused widespread extensive damage to homes and businesses. Wind damage to roofing impacted many homes in the areas that experienced high winds as a result of these storms. In 2023 Central Florida was hit hard by hail storms; hail damage to roofs and vehicles was significant. The resulting insurance claims from these storms combined (estimated to be in the billions) forced many well-known insurers to stop writing policies in the state.
It’s no wonder that the cost to insure your house in Florida has increased significantly. So putting a new roof on your house helps lower your premiums, but when you install metal roofing this makes insurers very happy for a number of reasons. The short list of reasons are: