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Tag: property insurance

Insurance companies raise rates for many Floridians, drop others altogether

Fla.– Hurricane season is here and thousands of people are loosing their property insurance. Many others are seeing their rates sky rocket. Governor Ron DeSantis plans to sign property insurance changes into law but opponents of this move say the prices will rise for those who belong to the state run Citizens Property Insurance. Supporters say the new bill will eventually force rates down. Republican State Representative Jenna Persons said insurance is a major issue that she hears about quite often. “I’m getting multiple phone calls and multiple emails from constitute this...

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*Assumes 2.799% APR, 20% down payment, and conforming 30-year fixed rate first mortgage on a single family, primary residence. The monthly payment you enter includes only principal and interest. Additional required amounts such as taxes, insurance, home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan based on the payment entered. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice.  **Posted APR is based on Mortgage Assumptions
 
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