"Will prices ever come down? Insurance insiders are divided over the prospect. Experts interviewed for this report concur that the potential for meaningful cost decreases depends on what happens to costs of reinsurance - insurance that insurers buy - as well as competition among a growing list of carriers, rebuilding cost inflation, and whether Mother Nature will prevent major storms from hitting the state in coming years."
"Among 84 companies that reported data across all eight months, average premiums declined for policyholders of only 17 of them: They were American Security (-25.2%), Clear Blue (-15%), Trusted Resource Underwriters Exchange (-10.7%), Trident Reciprocal Exchange (-8.5%), Centauri Specialty (-5.4%), Safe Harbor (-5.3%), U.S. Coastal Property & Casualty (-4.8%), ASI Preferred (-3.7%), Monarch National (-2.5%), Florida Family (-2.1%), Security First (-2.0%), Federal (-1.8%), First Protective (-1.6%), Edison (-0.9%), Olympus (-0.9%), Ovation (-0.5%), and Kin (-0.1%)."
Average home insurance premiums in Florida rose 1.5% over the first eight months of 2025, increasing from $3,691 in January to $3,747 in August. Only 17 of 84 companies that reported data across all eight months posted average premium declines, with the largest drop at American Security (-25.2%) and other declines down to Kin (-0.1%). Fifteen companies experienced increases above 10 percent, and forty companies recorded increases between 2 percent and 9.8 percent. The figures come from monthly Residential Market Share Reports filed with the Florida Office of Insurance Regulation. Data from surplus lines carriers are not included.
Read at Sun Sentinel
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