Florida homeowners are more concerned about rising property insurance premiums than property taxes, with 63% prioritizing insurance costs. Florida has the highest average home insurance premium in the U.S., currently $8,471 annually, driven by hurricane risks, litigation, and fraud. Property taxes in Florida rank 27th nationally, with an effective rate of 0.78%. Voters will decide on Amendment 3 to increase homestead exemptions, but only 45% currently support it.
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