Weathering the insurance storm

Some things are out of our hands - and extreme weather is one of them - so whilst Blighty shivers in the snow, sunny Floridians live day to day with the threat of hurricanes - and home insurance premiums are soaring through the roof as a result - so just where in the USA is insuring your home the most costly and is there anything you can do about it?...

Propelled by massive pay-outs as a direct result of hurricane damage, Florida has the highest homeowner insurance premiums in the nation, according to a new industry study.

The rise in policy costs account for more than a 10 per cent increase in annual premiums. Other states are also experiencing large rate hikes.

"Most homeowners over-pay for insurance and they don't even realize it," said Kevin Wright, an insurance industry consumer advocate in Palm Beach, Florida.

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