TAMPA, Fla. (WFLA) — An growing variety of Florida owners stated they might go with out property insurance coverage, in keeping with a brand new ballot from the College of North Florida’s Public Opinion Analysis Lab.
The ballot discovered that the highest challenge going through Floridians is housing and property insurance coverage prices. If given the selection, 22% of respondents stated they might go with out home-owner’s insurance coverage.
Dr. Michael Binder, the PORL college director and professor of political science, stated solely 2% of respondents believed housing prices had been a very powerful downside in 2022. In a span of a yr, Binder stated that quantity shot as much as 25% and appears to be on an upward development.
“With the excessive value of property insurance coverage and rising public concern throughout the state, it doesn’t shock me that over 20% of householders stated they’d go with out it if that they had the selection,” Binder stated.
The ballot additionally discovered that 25% of respondents in South Florida stated they might go with out insurance coverage, which was barely bigger than respondents in North and Central Florida.
