Governor Ron DeSantis Announces Rate Reductions for ... - Florida …

In 2023, additional reforms eliminated subsidies for out-of-state vacation homes, expanded home hardening programs, and enhanced oversight of insurers. Governor DeSantis announced that …

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FAQs about Governor Ron DeSantis Announces Rate Reductions for ... - Florida … Coupon?

What did Ron DeSantis say about Florida's insurance market?

Governor Ron DeSantis unveiled significant progress in Florida’s insurance market during a press conference in Miami today, announcing rate reductions for homeowners and auto insurance, as well as the entry of 11 new insurance companies into the state. ...

Did Governor DeSantis reduce auto insurance rates?

In addition to homeowners’ insurance relief, Governor DeSantis announced significant reductions in auto insurance rates. Major insurers such as GEICO, State Farm, and Progressive have filed for rate decreases of 10.5%, 6%, and 8.1%, respectively. ...

Will DeSantis increase state funding for my safe Florida home?

DeSantis also pledged to continue his efforts to increase state funding for a program that boosts homes’ resistance to catastrophic winds. Through My Safe Florida Home, the state will match money that homeowners put toward storm-proofing their homes. ...

Does DeSantis think things have changed in Miami-Dade County?

It appears, however, that DeSantis believes things have changed, particularly in the southeast part of the state. His announcement spotlighted that in Miami-Dade County nearly 75% of Citizens policyholders are going to see their Citizens rates drop by 6.3% this year. ...

What is DeSantis doing to help people pay their deductibles?

DeSantis is helping people pay their deductibles with financial relief. Additionally, he is giving $2 million dollars from the Florida Disaster Fund to schools in the same six counties to help teachers and districts. (Note: The passage does not provide the exact amount for deductibles, so the highlighting is limited to the part addressing the question.) ...

Is DeSantis still awaiting a final insurance order?

“I am still awaiting the final order from the Office of Insurance Regulation,” Citizens’ spokesman Michael Peltier wrote in an email when asked about DeSantis’s Wednesday announcement. ...