Active hurricane season could have 'detrimental impact' on home insurance

  • by:
  • 05/22/2024
The predictions for Florida's upcoming hurricane season are serious, with numerous storms predicted. It's creating concern over what the season could do to insurance costs for millions of Floridians.

"Large losses would have a detrimental impact on Florida's recovering market," said Mark Friedlander of the Insurance Information Institute. "The overall trend is more activity for the Atlantic Coast versus the Gulf Coast, and Florida with the highest probability of any direct state for direct landfalls."

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