01/25/2024
Florida homeownersย will soon have six new home insurance companies to consider when shopping around for new rates!
This news is very positive for the Florida insurance marketplace and consumers, because it will give homeowners a broader choice on shopping for coverage.
Currently, with limited options, home owner's insurance premiums have seen a significant increase in rates since 2022 when companies began pulling out of the state, or fell into liquidation.
The six new companies are Tailrow Insurance Company, Mainsail Insurance Company, Orion 180 Insurance Company, Orion 180 Select Insurance Company, Orange Insurance Exchange, and Condo Owners Reciprocal Insurance.
Homeowner's should check with their insurance agents for updates on these new options ๐ค