Great news for Florida vacation home owners in the Disney, Orlando, Davenport, Clermont, and Kissimmee areas! Two NEW property insurance companies have been approved to provide more coverage options and help stabilize insurance rates in our market. 🎉

Meet the New Insurers:

🔹 Incline National Insurance Company - A Texas-based insurer with over 75 years of experience, offering homeowners multi-peril, auto, and more, with plans to cover the entire state of Florida.

🔹 Florida Insurance and Reinsurance Company - Florida-based and specializing in condos 🏢, condo associations, and smaller office buildings, plus reinsurance support to strengthen Florida’s insurance market.

Insurance Commissioner Mike Yaworsky says even more insurers are expected soon, giving homeowners more choices! ✅

Why This Matters for Disney Area Vacation Homes

Since 2022, Florida has implemented reforms to cut down on costly lawsuits driving up insurance premiums. New insurers enter the market with “clean slates,” meaning fewer claims and lawsuits dragging down costs. This is great news for vacation home owners looking for reliable and affordable coverage near Disney and other top tourist spots! 🏰✨

Many new companies also acquire policies from Citizens Property Insurance Corporation, the state insurer of last resort, helping to reduce its burden and promote market health.

Market Stabilization = Good News for You!

📊 Florida insurance companies headquartered in-state reported a net income of $944 million in 2024, a huge rebound from losses in previous years.
📉 Many insurers have filed for rate decreases or no rate changes, reflecting improved conditions.
🔥 Florida even led the nation with the lowest average property insurance rate increase in 2024,  just 1%!

For vacation home owners, this means more stable premiums and better options for protecting your valuable investment.

Ready to Buy or Sell Your Vacation Home?

Understanding insurance is only part of the journey! Whether you want to sell your Disney area vacation home for the best price or find your ideal investment property in Orlando, Davenport, or Kissimmee, Vacay & Co Real Estate is here to help every step of the way.

Get your FREE property evaluation today and take the next step toward your vacation home goals!

📧 [email protected]
📞 321-333-1338
🌐 www.vacayreflorida.com/propertyevaluation