Florida's Uninsured Home Rate Hits 20%. Insurance Costs Surge.

Florida has experienced 34 billion-dollar weather events since 2020, according to NOAA data cited by Insurify. The flood insurance gap is wider, the Miami Herald reported. Roughly 80% of Florida's residential structures lack flood coverage. A single inch of floodwater can cause more than $25,000 in damage, according to FEMA data cited by Ready.gov. One in four flood claims come from outside designated high-risk zones, Ready.gov data shows.

WFLA reporter Shannon Behnken said the pattern is common: homeowners insure while the bank requires it, then let coverage lapse to save money.

The 2025 Atlantic hurricane season begins June 1. Insurify data shows the uninsured rate has hit 20%.