How Insurance Is Reshaping Florida and Texas Real Estate

Hurricane-exposed Florida and Texas markets have seen homeowner insurance premiums double or triple since 2020. Many carriers have exited the state entirely.

What used to be a $1,500/year line item is now $4,500–$8,000+ on the same property — single-handedly turning previously cash-flowing rentals negative.

Always quote insurance from two carriers before closing, and stress-test your underwriting at 1.5x the current quote to leave headroom for further hikes.