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Central Florida Businesses: Expect Higher Insurance Costs This Year as Tariffs & Inflation Drive Up Rebuild Costs
If you run a business in Central Florida, be prepared: your commercial insurance premiums may be going up again this year. Tariffs, inflation, and a busy hurricane season are all driving up the cost of materials, equipment, and repairs — and that means higher insurance costs for many local companies. "We’re seeing a perfect storm for premium increases right now," says Tanya Rodriques, owner of Evolve Insurance Group in Altamonte Springs. "When the price of steel, lumber, and mechanical parts goes up, so
Better News for Florida Homeowners: Insurance Rates for Home and Auto dropped in 2024 and are Predicted to remain stable in 2025.
TALLAHASSEE, FL – Florida homeowners, here’s some news you’ll actually want to read: several insurance carriers are cutting their rates in 2024! After a tough couple of years with sky-high premiums, relief is finally in sight.A number of big-name companies are leading the charge:American Integrity Insurance Company of FloridaAmerican National Property & Casualty CompanyFlorida Peninsula Insurance CompanyHeritage Property & Casualty Insurance CompanySafe Harbor Insurance CompanySouthern Oak Insurance
