Florida’s Insurance Market is a Hot Mess. Homeowners Are Paying the Price.

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When it was time for Florida retiree Sue Maher to renew her homeowners insurance this year, she experienced sticker shock. Her insurance carrier informed her in March that it was increasing her annual premium, already at $3,800, by $2,000. “I kind of freaked out when I got the letter,” says Maher, 69, who lives in Winter Garden, near Orlando.

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