10/12/2026
🚨 HOT OFF THE PRESS: Florida Renters Could See Insurance Rate Decreases! 🏡📉
Good news for Florida renters! Florida Insurance Commissioner Mike Yaworsky has approved an average **12.8% rate decrease** for American Modern Home Insurance Company’s renters insurance (HO-4) policies, impacting approximately 121,898 exposures.
📅 Effective yesterday October 11 for new policies and renewals.
📍 Some policyholders could see even bigger decreases, with average reductions reaching up to 13.9% in certain Florida counties!
💡 Why it matters: Renters insurance helps protect your personal belongings against covered losses and provides personal liability coverage, without covering the building itself.
At Singh Insurance and Financial Services, we keep you informed on the latest insurance updates so you can make smarter decisions about your coverage. 🤝
Have questions about your renters insurance? Let’s talk! 📩