Florida home insurance premiums second highest in United States

Florida’s home insurance premiums are the second highest in the United States after Louisiana. 

That’s according to new data from the Insurance Information Institute and National Association of Insurance Commissioners (NAIC). 

For too long, homeowners have struggled to find coverage they can afford from an insurance company they can trust. The collective dissatisfaction with the Florida insurance industry is perhaps most clearly illustrated in online customer reviews.

Based on publicly available reviews, most home insurance companies in Florida fail customer expectations. The average review score for all providers in the state is 2.9 out of 5 stars, a score that falls below even a mediocre customer experience. Many reviews for low-rated companies cite expensive premiums and a bad claims experience.

This data correlates with Net Promoter Score averages for the industry. An NPS score indicates whether a customer would recommend a company to a friend. The NPS average for the home insurance industry is 35 out of 100, a failing grade by any standard. It indicates most homeowners would not recommend their insurer.

With an NPS score of 84, Kin Insurance has demonstrated that customer satisfaction doesn’t need to be an afterthought in the insurance industry. The Florida home insurance company has more than 800 reviews on Trustpilot and an average rating of 4.8 out of 5. Most customers cite an easy online buying experience, experts ready to answer every question, and savings of more than $500.

“We don’t think homeowners should settle for less when protecting their most valuable asset,” said Sean Harper, Kin Insurance CEO and co-founder. “We designed our company from the ground up with the customer in mind, and if our reviews are any indication, that’s what it takes to reinvent homeowners insurance.”

About Sean Harper

Sean Harper is the CEO and co-founder of Kin Insurance. Previously, Harper founded FeeFighters, a payments company bought by Groupon, and TSS-Radio, an e-commerce company that became an Inc. 500 fastest-growing company. Before becoming an entrepreneur, he was a consultant at the Boston Consulting Group and an investor at Longworth Venture Partners. He holds an AB from the University of Chicago, where he studied economics and computer science, and an MBA from the University of Chicago Booth School of Business.

About Kin Insurance

Kin Insurance exists to change home insurance from what it is to what it should be. As an insurance technology company and direct-to-consumer home insurance carrier, Kin instantly analyzes thousands of data points about each home to recommend the right coverage and help homeowners get every available discount. Most homeowners can type in their address, confirm a few details, and get a customized quote in minutes. Kin specializes in providing affordable coverage to homeowners in regions prone to natural disasters. Learn more at www.kin.com, or visit their blog for home insurance trends and home safety tips.

Connect with Kin on Twitter, Facebook, or LinkedIn.

This is a sponsored story.

More Headlines

Survey shows overwhelming number of Villagers don’t want apartments

A survey conducted by Villages-News.com shows an overwhelming number of Villagers don’t want apartments at the site of the former Hacienda Hills Country Club.

Villages couple and family dog escape early morning Village of Bonnybrook blaze

Two Villagers and their family pet escaped unhurt early Tuesday morning as fast-moving flames heavily damaged their Village of Bonnybrook home.

Photos

Great Blue Heron On Fence In Brownwood

Check out this great blue heron spotted on a fence in Brownwood. Thanks to Richard Steiner for sharing! Share your local photos with us at https://villages-news.com/contact-us!

Alligator Swimming At Lake Sumter Landing

Check out this alligator swimming in the water at Lake Sumter Landing. Thanks to Terry Cooper for sharing! Share your local photos with us at https://villages-news.com/contact-us!

Two Anhinga Chicks In Their Nest

These two anhinga chicks in their nest being watched over by an adult. Thanks to Ron Clark for sharing! Share your local photos with us...

Letters to the Editor

Apartment building would worsen traffic on Morse Boulevard

A Village of Amelia resident, in a Letter to the Editor, contends an apartment building at the Hacienda Hills Country Club site would worsen traffic on Morse Boulevard.

Business

Total Wine & More closer to popping cork on new superstore

Total Wine & More is growing closer to popping a cork on its new superstore at Lady Lake Commons.

Crime

Pizza delivery driver’s vehicle stolen from Domino’s Pizza in Lady Lake

A pizza delivery driver’s vehicle was stolen from Domino’s Pizza on U.S. Hwy. 27/441 in Lady Lake. Police had to taser the suspected thief when they found him.

Opinions

Making vaccines to stop COVID-19 pandemic

Dr. Gabe Mirkin contends the only way that scientists are going to end this current pandemic is to develop vaccines and immunize enough people to reach immunity in about 40 percent of the population

Top Stories

Marion County Villager among 14 latest local victims of COVID-19 virus

A Villager is among the latest 14 local victims of the COVID-19 virus. Villages-News.com’s Larry D. Croom has the story.

Survey shows overwhelming number of Villagers don’t want apartments

A survey conducted by Villages-News.com shows an overwhelming number of Villagers don’t want apartments at the site of the former Hacienda Hills Country Club.

Villages couple and family dog escape early morning Village of Bonnybrook blaze

Two Villagers and their family pet escaped unhurt early Tuesday morning as fast-moving flames heavily damaged their Village of Bonnybrook home.

Letters to the Editor

Apartment building would worsen traffic on Morse Boulevard

A Village of Amelia resident, in a Letter to the Editor, contends an apartment building at the Hacienda Hills Country Club site would worsen traffic on Morse Boulevard.

Trump’s threat to Social Security

A Village of Summerhill resident is taking very seriously President Trump’s threat to cut off Social Security’s revenue stream. Read her Letter to the Editor.

Rebuilding a country club is the only option

In a Letter to the Editor, a Village of Country Club Hills resident argues the only option is to rebuild the Hacienda Hills Country Club.

Crime

Pizza delivery driver’s vehicle stolen from Domino’s Pizza in Lady Lake

A pizza delivery driver’s vehicle was stolen from Domino’s Pizza on U.S. Hwy. 27/441 in Lady Lake. Police had to taser the suspected thief when they found him.

Woman arrested in The Villages after found hiding in vehicle’s trunk

A woman was arrested Tuesday morning in the Village of Rio Grande after she was found in a garage hiding in the trunk of a vehicle.

Driver arrested after crashing semi and then trashing police car

A driver was arrested after crashing a semi and then trashing a police car.