Floridians continue to make tough financial choices. A new study by LendingTree shows nearly 20% of the state’s homes are uninsured, making it among the highest in the country.
Analysts ranked Florida 6th in the country for the highest rate of homes without insurance. It’s an 8% spike from the last data tracking patterns in 2023 to 2024
The LendingTree study shows that Lakeland saw the largest increase in the number of homeowners forgoing insurance.
Other areas that ranked high include Miami, Tampa, and Cape Coral.
The data shows nearly 1 in 7 homes are abandoning homeowners’ insurance. Experts say affordability is a large reason why.
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