Farmers Insurance became the latest property insurer to pull out of Florida on Tuesday despite repeated efforts by the state’s legislature and its Republican governor, Ron DeSantis, to try to calm the volatile market that is making home ownership less affordable.
Farmers said in a statement that the decision was based on risk exposure in the hurricane-prone state.
We’d like to hear from people living in Florida who have been struggling to get insurance for their properties, and how this has been affecting their finances and plans for the future.
Share your experience
Whether you already own property in Florida or hope to do so in future, share how the shrinking property insurance market could affect you.
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