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- #11
More good news for Florida!
According to the release, rate filings for 2024 show a slight trend downward for the first time in years, with 10 companies filing for a zero-percent increase and "at least" eight companies filing a rate decrease to take effect in 2024.
It comes as Security First announced Friday, for the first time in nearly a decade, they are reducing rates by 5.9% for about 80-90,000 policyholders.
www.abcactionnews.com
According to the release, rate filings for 2024 show a slight trend downward for the first time in years, with 10 companies filing for a zero-percent increase and "at least" eight companies filing a rate decrease to take effect in 2024.
It comes as Security First announced Friday, for the first time in nearly a decade, they are reducing rates by 5.9% for about 80-90,000 policyholders.
8 insurance companies are reducing rates in 2024
On Monday, the Florida Office of Insurance Regulation said eight companies have filed or will file to reduce their property insurance rates in 2024
www.abcactionnews.com
