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Florida's home insurance market is stabilizing but remains one of the most expensive in the nation, partly due to hurricane risk.

State-backed Citizens Insurance hiked rates up to 14% for primary residences, effective June 1.

Most Citizens policyholders saw rate increases, though 20% in Miami-Dade and Broward counties experienced a reduction.

If you're a Florida homeowner, there are likely two main things top-of-mind for you during the fall months: home insurance prices and hurricanes.

Florida's home insurance market is slowly stabilizing after a years-long homeowners insurance crisis, but it remains one of the most expensive states in the U.S. for insuring homes and other properties. This is exacerbated every year by hurricane season, which begins in June and end

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