State of Florida Releases County-by County Insurance Report, How Did Your County Do?

As we all know, Florida homeowners insurance prices have been rising steadily in recent years.

But is relief coming in 2023?

The OIR (Office of Insurance Regulation) released their first Property Insurance Stability Report for 2023 which placed Palm Beach County in 3rd for the highest homeowners insurance premiums. However these numbers were collected before the new regulations were set in place in December to improve these rates.

In coming posts we will break down everything you need to know about the changes that were put in place and how they affect you as a property owner.

For now see the rankings below!

Property insurance: 10 lowest priced Florida counties

1. Sumter: $1,533 (single-family homes)

2. Baker: $1,694

3. Marion: $1,730

4. Hernando: $1,767

5. Lake: $1,859

6. Wakulla: $1,870

7. Gilchrist: $1,874

8. Citrus: $1,876

9. Alachua: $1,877

10. Columbia: $1,885