: Companies like State Farm, GEICO, Progressive, Allstate, and USAA are projected to reduce rates by an average of 8% this year.
The Tides Are Turning: A 2026 Guide to Florida Insurance Rates florida insurance rates
With the market shifting, your strategy should move from "survival" to "optimization." Home Insurance in Florida: What Actually Changed in 2025? : Companies like State Farm, GEICO, Progressive, Allstate,
: Several major private insurers have begun filing for rate decreases or zero-percent increases for 2026. Some homeowners are seeing premiums drop by as much as 11% as more private options enter the market. Some homeowners are seeing premiums drop by as
After years of double-digit hikes, 2026 has brought a long-awaited cooling period.
: 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