Florida homeowners to see insurance rate drop
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Florida's 2026 legislative session begins Tuesday in Tallahassee. See what issues will be addressed this year:
Governor Ron DeSantis announced Monday that Florida homeowners with Citizens Property Insurance will receive significant premium reductions when their policies renew beginning in spring 2026.
Florida Peninsula Insurance, one of the largest property insurers in Florida, is decreasing rates by 8%, Gov. Ron DeSantis said.
Property taxes, insurance reform, housing affordability and education funding are on Florida lawmakers’ agenda as the 2026 legislative session begins Tuesday. Four bills that eliminate or reduce property taxes have advanced through a House committee.
California’s property insurer of last resort continued to grow in the final months of 2025, giving it more than twice as much potential liability than similar insurance programs in Florida and Texas combined.
Florida TaxWatch officials issued a top 10 list of priorities they’d like to see accomplished before the Regular Session ends March 13. TaxWatch President and CEO Jeff Kottkamp said Florida’s economic standing is superior to many states in America, and with the right commitment from lawmakers, that should continue.