Caution: They Will Not Pay You! Over 50% Denial Rate

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Florida has rose to the top of the most expensive state when it comes to Home insurance over the past couple of years. But as if that’s not bad enough, our state run insurance company Citizens is now denying over half of all of the insurance claims that have come in over the past 12 months. Floridians were also the least likely to see an insurance payout in the year of 2022. How is any of this Legal and how is it sustainable for the housing market?