Part 3/9:
Congratulations! You’ve managed to buy a house in Florida. But brace yourself; owning property here requires more work than you bargained for. Homeowners in Florida find themselves entrenched in a relentless cycle of mounting costs—from exorbitant insurance premiums to the risk of hurricanes sweeping through and wreaking havoc on their homes.
Insurance companies seem to abandon Florida at alarming rates, leaving many homeowners scrambling to find coverage and pay outrageous premiums—sometimes upwards of $100,000 annually. The supporting system designed to protect them often leaves homeowners vulnerable, fighting against false claims denials and unending red tape.