Florida homeowners may soon gain more options for flood insurance. These choices are in addition to what the current federally subsidized national program offers. This offering is due to a measure designed to help encourage more private companies to enter the market. Earlier this month, the Florida Senate passed the bill to provide residents with Florida flood insurance alternatives. While many residents do need some flood insurance in Florida, the lack of options on the market makes it difficult for Florida residents. Most residents have to get it through the federally subsidized program. That program was the only way to get a hurricane […]
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