Florida Home Insurance Prices Increasingly a Burden for Residents

Climate change is coming for the state of Florida, and it’s already showing up in the insurance market.

2 minute read

December 29, 2022, 5:00 AM PST

By James Brasuell @CasualBrasuell


“As Florida’s property insurance market continues to buckle, thousands of homeowners across the state are increasingly choosing to forgo insurance, sell their homes or even leave Florida,” reports Mary Ellen Klas for the Miami Herald.

Tasha Carter, Florida’s insurance consumer advocate, is cited in the article issuing the warning about the increasing costs of climate change mitigation for Florida residents—and its increasing likelihood to drive out-migration from risky locations around the state.

Carter issued the warning as the state’s legislators gathered for a special session likely to increase insurance rates to stabilize the market.

“Florida’s property insurance market has seen double-digit percentage increases for the past few years,” according to the article. Rep. Tom Leek, an Ormond Beach Republican who is sponsoring the House insurance proposal, is quoted in the article explaining the intended goal of the special session.

“He said the package of proposals — to reduce the financial incentives for attorneys to file lawsuits against insurers, give homeowners less time to file a claim and create a $1 billion taxpayer-funded program to provide backup insurance for struggling insurers — will eventually lead to lower property insurance premiums,” writes Klas.

Meanwhile, the state’s governor remains committed to subsidizing behaviors that emit the most greenhouse gases.

Another Miami Herald article by Nicolas Rivero, published a few days later, also reveals the increasing demand for another form of protection—water pumps.

“[P]umps are an integral part of plans to help save South Florida from flooding. Thanks to climate change, stormwater systems here — and around the world — are coming under growing strain. In some cases, they’re starting to fail,” according to Rivero.

Despite Carter’s warning about residents leaving the state and the increasing cost of home insurance and mitigation measures in the state, Florida’s population growth led the nation in 2022.

Tuesday, December 13, 2022 in Miami Herald

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

June 11, 2025 - Diana Ionescu

Rendering of Shirley Chisholm Village four-story housing development with person biking in front.

San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning

SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.

June 8, 2025 - Fast Company

Yellow single-seat Japanese electric vehicle drivign down road.

The Tiny, Adorable $7,000 Car Turning Japan Onto EVs

The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.

June 6, 2025 - PC Magazine

Rendering of autonomous cargo train moving across bridge across river in wooded area between Texas and Mexico.

Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor

The project could remove tens of thousands of commercial trucks from roadways.

1 hour ago - FreightWaves

Rendering of white three-story single-stair building in Austin, Texas with staircase in the middle.

Austin's First Single Stair Apartment Building is Officially Underway

Eliminating the requirement for two staircases in multi-story residential buildings lets developers use smaller lots and more flexible designs to create denser housing.

2 hours ago - Building Design & Construction

MARTA bus with Atlanta skyline in background

Atlanta Bus System Redesign Will Nearly Triple Access

MARTA's Next Gen Bus Network will retool over 100 bus routes, expand frequent service.

3 hours ago - Mass Transit