Security First Insurance, one of Florida’s largest private property insurance companies, has told state regulators that it is going to lower rates by an average of 9.3 percent statewide. The lower rates will take effect for new customers on Oct. 15 and on Dec. 1 for policy renewals.
Locke Burt, a former state senator, who is president of the insurer, said major reductions in reinsurance costs and changes in Florida law have significantly reduced the cost of homeowners insurance
Security First has nearly 105,000 customers, most of them in northeast, central and southwest Florida.
Topics Florida Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
Some 40% of Planned Data Center Capacity Is in States Wanting to Hit Pause 
Delta Air Lines Must Face Lawsuit Over ‘Window Seats’ With No Windows 
Row House Fire in Brooklyn Kills 6 People and Injures 9 
