Florida Voters Could Lower Insurance Premiums by 2026

Florida voters may soon have the opportunity to lower their insurance premiums through a proposed constitutional amendment. The Florida Constitutional Amendment Network is advocating for property insurance protections to be placed on the 2026 ballot. The amendment aims to prevent the cancellation or increase of insurance policies for those who adhere to their contractual terms, allowing for stability in home and auto insurance costs. Proponents argue that this is a necessary measure to help residents cope with rising insurance costs, while legal experts express concerns about its feasibility and potential backlash from insurance companies.