2 Florida Home Insurers Propose Massive Rate Hikes

Vote for our Reader's Choice Awards. Created for {EMAIL} | [Web Version]( February 21, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] INTRODUCTION [] - [Stepping Into Increased Insurance Premiums]( Homeowners in Florida continue to face serious insurance challenges. Like California, insurance companies are either leaving or seeking steep rate hikes. I advise anyone considering a move to either state to look over this insurance dilemma and be aware that it seems poised to only get worse. Kiplinger contributor Joey Solitro identifies [the companies seeking to raise rates and which properties are facing increases](. - Donna LeValley, personal finance writer P.S. I welcome your questions and suggestions about this newsletter – you can reach me at d.levalley@futurenet.com [Keep More of Your Retirement Savings]( You've worked hard to build up a nest egg and Vanguard advisors are here to help. With their support and guidance, you can feel more confident that the assets you've built up will last. Take the first step with Vanguard today. Paid non-client promotion [LEARN MORE]( ADVERTISEMENT [] TOP STORY [] [6 Reasons to Use a Real Estate Agent When You Sell]( [6 Reasons to Use a Real Estate Agent When You Sell]( (Getty Images) Cutting out the middleman in a real estate transaction could save you on commissions — but did you get the best price for your home under your circumstances? Don’t be penny wise and pound foolish when it comes to selling your home. CFP Evan T. Beach outlines [six situations where you might be better off hiring a real estate agent to manage the sale of your home](. [] HOMEOWNERS INSURANCE [] [Two Home Insurers Eye Massive Rate Hikes In Florida]( [Two Home Insurers Eye Massive Rate Hikes In Florida]( (Getty Images) Insurance woes in Florida continue to worsen. These [proposed hikes will impact people who own condominiums and vacation rentals](. It would be easy to dismiss the rate hikes as opportunistic and excessive, if we all didn't already experience the bite of inflation when we go to make home improvements and repairs. [Have This Much Money? You May Want a Financial Advisor]( Money can't buy happiness, but research finds that if you have this much in household assets, hiring a financial advisor could help heighten your satisfaction levels. Just how much money do you need? [LEARN MORE]( ADVERTISEMENT [] Reader’s Choice Awards [] [Vote in the Kiplinger Readers' Choice Awards 2024]( [Vote in the Kiplinger Readers' Choice Awards 2024]( (Getty Images) The Kiplinger Readers' Choice Awards aim to recognize and celebrate the very best products and services in the personal finance arena. We're asking you, our community, to help us name the products and services you think have delivered excellent value in the past year. 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