South Florida homeowners face insurance dilemmas ahead of hurricane season
As hurricane season approaches, many South Florida homeowners are grappling with the high costs of insurance, leading some to forgo coverage entirely. Florida ranks among the top three states in the U.S. for expensive home insurance, alongside Nebraska and Louisiana, according to Bankrate. Recent extreme weather events, such as an EF-0 tornado in Palm Springs North, have highlighted the risks of being uninsured. In Fort Lauderdale's Edgewood neighborhood, historic rainfall three years ago caused severe flooding, leaving several feet of water inside homes. Some residents, like Tony Schrieber, have experienced firsthand the financial impact of flooding, with one of his properties covered by flood insurance and the other uninsured. Despite recognizing the value of coverage, Schrieber has opted not to carry hurricane insurance on one of his properties, citing it as a calculated risk. Industry experts note that approximately 15% of South Florida homeowners without mortgages choose to self-insure, relying on per... 
