Florida 2nd highest for home insurance costs in US, new study says

WPTV is tracking new numbers released in May related to the cost of homeowners’ insurance in Florida.

A study from Bankrate.com found that the Sunshine State remains among the most costly for residents insuring their homes.

Their data showed that Florida ranked second highest in the country with an average premium of $5,409 for a $300,000 home. The study said that figure is about 132% more than the national average premium of $2,329 per year for the same amount of coverage…

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