> The rising cost of home insurance burdening Florida seniors
The rising cost of home insurance burdening Florida seniors
Clip ID 2481956
Clearance
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
This content has not been pre-checked for copyright.
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
More than a million people with Citizens Property Insurance will see their rates go up double-digit percentages over the next 12 months, as the state’s “insurer of last resort” looks to find a route to being more stable.
It’s not just Citizens, Floridians across the state are feeling the pinch from the property insurance crisis, especially burdening seniors and those on fixed incomes. One senior in the Tampa Bay area is putting pen to paper to try to push for changes.
Howard Cosner and his wife Peggy live in a modest Bradenton home, he says each year the cost to insure it grows out of control. “From 2019, it's tripled,” Cosner said.
MORE: https://www.wtsp.com/article/news/rising-insurance-costs-florida-seniors/67-96e22688-d27a-43e0-acce-5d740c85e096
►Subscribe: https://on.wtsp.com/youtube
►Website: https://www.wtsp.com/
►Facebook: https://facebook.com/10TampaBay
►Twitter: https://twitter.com/10TampaBay