Florida Gov. Ron DeSantis announced on Wednesday the state has secured nearly $1 billion in credits for Progressive auto insurance policyholders.
Florida drivers should soon see some relief on their car insurance bills, as recent legislative reforms appear to be driving rates down.
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.
In the middle of what’s being called a “property insurance crisis” in Florida, several local homeowners said their policies are being dropped by Progressive, one of the biggest property insurance companies in the country.
As property insurance continues to be a hot topic of discussion for Floridians, thousands of Progressive customers are having to switch to a different insurance company after receiving a non-renewal notice from the company.
Major auto insurers like Allstate, State Farm and Progressive are refusing to write policies for Kia and Hyundai vehicles in certain cities. Tell us if you’ve had any issues with insurance on your Kia or Hyundai.
