Survey Highlights Climate Risks Driving Relocation and Insurance Concerns in Florida

A recent survey by Florida Atlantic University reveals that over one-third of Floridians have either moved or are considering relocating due to weather-related hazards and rising homeowners' insurance costs. This trend is notably influenced by the impacts of severe weather events, including Hurricane Helene and Hurricane Milton in the 2024 season. The survey highlights that the financial burden of increasing insurance premiums is a critical concern for nearly half of the state's residents. Geographically, the desire to relocate is most pronounced in North Florida, where approximately 24% of respondents attributed prior moves within the state to hurricanes, flooding, and extreme heat. Meanwhile, about 20% of residents from Tampa to Key West are contemplating relocation due to weather risks. This reflects a broader awareness of climate-related threats influencing residential decisions across the state. The survey further indicates that more than 60% of Floridians hold moderate to extreme concerns about the intensification of hurricanes, heavier rainfall, and increased coastal flooding from storm surges. These concerns underscore the intersection of climate risk and residential insurance challenges. Additionally, affordability worries spotlight the strain on homeowners as insurers respond to these escalating risks. While a majority, 85%, of Floridians acknowledge that climate change is occurring, the latest survey marks the lowest level of belief in this phenomenon in the study's six-year history. About 52% attribute climate change to human activity, with notable variation between political affiliations. This shift may impact future policy and insurance market dynamics as public perception evolves. The Florida Climate Survey, conducted in September 2025 with 1,400 participants, offers critical insights into how climate-related hazards are shaping migration intentions and insurance concerns. These findings carry significant implications for insurers, regulators, and policymakers focused on managing risk exposures and ensuring market stability in a state highly vulnerable to severe weather.