Flood Insurance Premiums are about to Explode in Florida!

In this eye-opening video, we delve into the significant increase in flood insurance premiums faced by Florida residents in 2023. The National Flood Insurance Program (NFIP) anticipates that premiums will more than double by 2027.

Prepare yourself as we uncover the reasons behind this sudden surge and provide valuable insights to help you navigate this challenging situation.

If you're thinking about moving to South Florida or you already live locally and are looking to move around, be sure to give me a call, send me a text, an email or message me on social media. We'd love to help you with your next move to or around South Florida!
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🤔 Thinking of Moving to South Florida? ☀️🌴
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SOURCES:

*All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording*
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Jonathan Alexander - Real Estate Agent | Florida Real Estate License: SL3122005
Brokered by EXP Realty
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[ketolily]

Living in any coastal part of Florida without flood insurance is like playing with fire in my opinion.

[bevfoltz]

Thank you! The cost and availability of insurance and the soaring RE taxes are what is preventing us from buying in FL. We are cash buyers and would not have to insure but who wants to lose their investment?

[karinaoliveira]

I would like to move to west Boca, is flood insurance still needed in the area? I am looking into Boca Gardens

[quentingrace]

Great video. You only assured that I’m so greatful to not live in Florida.