Florida lawmaker slams DeSantis’ 'lack of leadership' on Florida’s property insurance 'emergency'
A combination of environmentalists and economists have been warning that as climate change advances, property insurance will become increasingly unaffordable or hard to find in some places.
State Farm, in May, announced that it will no longer sell new home insurance policies in California. And in Florida, home insurance policies, according to Forbes, have become more expensive and more difficult to find.
U.S. Rep. Maxwell Frost (D-Florida) is sounding the alarm about the Sunshine State's home insurance crisis. On Tuesday, November 14, Frost sent a letter to Gov. Ron DeSantis to request a meeting to discuss "the devastating impact of rising property insurance prices on Central Floridians."
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"Last week," Frost told DeSantis in the letter, "you called an emergency special session of the Florida Legislature. However, you did not use that time to deliver legislative solutions to solve the decreasing coverage and rising costs of property insurance hundreds of thousands across our state are facing."
Frost continued, "On Friday, November 10th, I held an emergency roundtable listening session with homeowners, renters, small business owners, and community leaders from across Central Florida to hear the challenges they are facing because of the high cost of property insurance."
Frost is calling out DeSantis' "lack of leadership to properly regulate the insurance industry, mitigate the destruction of extreme." And the congressman cited specific horror stories, including a Florida homeowner "who just had her insurance policy cancelled after two years, and is now receiving quotes ranging from $5700 to $13,000 for new coverage" and a business owner whose property insurance "is going up an extra $500 per month."
Frost told WESH-TV Channel 2 (an NBC affiliate in Orlando), "We want to have this conversation with the governor, a really good faith conversation about the stories and figure out how can we move together as a state to solve this problem."
