Florida homeowners forced into new insurance company, CBS News investigation finds
#Florida #homeowners insurance #forced switch #high-risk policies #state program #coverage terms #premiums #CBS News investigation
📌 Key Takeaways
- Florida homeowners are being involuntarily switched to a new insurance company.
- The change is part of a state-run program to manage high-risk policies.
- The new insurer may offer different coverage terms and premiums.
- Homeowners have limited options to opt out of the forced switch.
📖 Full Retelling
A new CBS News investigation revealed that many Florida homeowners have had their home insurance policies transferred out of the state-run insurance program, into dozens of small, private companies, without their consent or input. CBS News national correspondent Ash-har Quraishi reports.
🏷️ Themes
Insurance, Homeownership
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Original Source
A new CBS News investigation revealed that many Florida homeowners have had their home insurance policies transferred out of the state-run insurance program, into dozens of small, private companies, without their consent or input. CBS News national correspondent Ash-har Quraishi reports.
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