Florida homeowners insurance market showing signs of improvement

Perfect. I have very recent reporting from this week—specifically from 18 hours ago (August 31/September 1, 2026) on Florida's homeowners insurance market showing improvement. Let me write the brief.

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Recent legislative changes addressing insurance litigation and assignment-of-benefits claims have contributed to a more stable market. Lawsuit filings fell 50% from Florida's insurance crisis peak in 2020 through the end of 2025. Twenty-one carriers have entered Florida's insurance market since 2023, reversing years of consolidation and carrier departures that had squeezed supply.

Citizens Property Insurance—the state-run insurer of last resort—cut rates an average 8.7% at Spring 2026 renewals, with steeper reductions in South Florida: 14.1% in Broward County and 14.0% in Miami-Dade. Florida Peninsula cut rates 8.2%, Security First 8%, and Universal Property & Casualty 5.1%.

However, inflation, construction-material costs, labor shortages and tariffs remain risks that can increase rebuilding expenses. The state overall still posts the highest average premium in the country at over $8,000, and some parts of the state remain harder to insure than others, with South Florida remaining a high-risk area.

**What it means for you:** If you're relocating to the Treasure Coast, expect your insurance costs to vary sharply by county and roof age. Recent rate decreases mean your budget may stretch further than it would have two years ago—but South Florida rates remain among the nation's highest, so factor this into your total housing cost when comparing neighborhoods.