By a long shot, Floridians pay more to insure their homes than folks in any other state — an average of $1,933, double the national average of $978, the latest figures show. Louisiana is No. 2 at $1,672.
Florida insurance commissioner Kevin McCarty has asked for more time to tell Chief Financial Officer Jeff Atwater why rates have generally not come down despite eight years without a major storm and a fall in key costs for insurers. McCarty asked to postpone to Jan. 14 a report that had been scheduled for release Wednesday.
Subscribers get total access to this story, and all our in-depth news, digital editions and exclusive content. Subscribe today, or try a 24-hour or 7-day digital pass.
Registered Post Subscriber — Sign me in.Sign In
Post Print Subscriber — I need to register my account for digital access.Access Digital
All Day Access — 24-hour digital pass99¢ for 24 hours
All Week Access — 7-day digital pass$3.99 for 7 days
All Access, All the Time — Print & DigitalView Offers
Home insurance premiums
1. Florida $1,933
2. Louisiana $1,672
3. Texas $1,578
4. Mississippi $1,409
5. Oklahoma $1,386
6. Alabama $1,163
National average: $978
Source: National Association of Insurance Commissioners. Denotes average annual premiums for the most common home policy, HO3, based on 2011 data.