A new state report has revealed the average property insurance premiums across Florida as of March 31 show that Collier, Lee and Glades counties are among the highest in the state.
Property insurance has been the biggest issue to impact homeowners since the housing crash in 2008.
Hurricane season recently started on June 1, and insurance experts found that 83% of Florida homeowners do not have flood insurance.
This gap could lead to financial devastation for many, as your standard homeowner's insurance does not always cover flood insurance.
Insurance experts are warning that homeowners need to double-check what their policy covers now.
A growing number of Florida homeowners are opting to forgo home insurance due to steep premium hikes, some of which have doubled or even tripled in the aftermath of Hurricane Ian.
Here are the top 20 counties out of 67 with the highest averages, according to the Florida Office of Insurance Regulation:
- Monroe County: $8,487
- Palm Beach County: $6,379
- Broward County: $6,058
- Miami-Dade County: $6,021
- Martin County: $5,831
- Collier County : $5,315
- Franklin County: $5,103
- Walton County: $5,035
- Indian River County: $4,272
- Gulf County: $3,736
- Pinellas County: $3,687
- Okaloosa County: $3,608
- Lee County : $3,514
- Escambia County: $3,508
- Okeechobee County: $3,508
- Sarasota County: $3,442
- St. Lucie County: $3,327
- Brevard County: $3,321
- Santa Rosa County: $3,307
- Glades County : $3,278
DOWNLOAD the free NBC2 News app for your latest news and weather alerts.