2024-10-18 | Current Affairs
Florida Homeowners Struggle with Soaring Insurance Costs After Hurricanes
For 32 years, Jim Tynan had a homeowners’ policy with Allstate for his 1,200-square-foot condo in Ponte Vedra, Florida. But in January, Allstate informed him they were dropping his coverage. Tynan reached out to ten different agencies, only to find none willing to cover him—until he finally secured a policy at a 50% higher premium.