If you’ve noticed your homeowner’s insurance premiums have skyrocketed, you’re not alone.
February 28, 2022, 6:29 PM
News4JAX I-TEAM investigator Vic Micolucci speaks with homeowner Donny Mak and the skyrocketing cost of home insurance. “They also give you a deadline,” Karakus said about the insurance companies. “If you don’t get your roof done in such and such time frame, you’re going to get dropped.” And then there are the lawsuits, which he said can cost a company 20 times what the claim is for. Essentially, the companies still issuing insurance policies in Florida must pass costs to consumers and make new requirements to reduce the number of claims.
It’s not just your roof you need to worry about. Some insurance companies are now asking for homeowners to replace hot water heaters, plumbing, electrical – even if they’re in working order.
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