Gulf, Florida and Hurricane Center
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The Fanchers’ predicament is just one of many linked to the insurance crisis in hurricane-prone Florida. Rates are sky-high and expected to continue rising as catastrophe claims surge and Floridians face few insurance options and increased scrutiny during underwriting.
Hurricane risk by state. ... Per usual, the highest risk is in Florida, which faces a 90% chance of being impacted by a tropical storm and a 62% chance of being impacted by a hurricane.