"Florida Officials Offer $1K Discount on Property Insurance Premium, but at a Price"
Florida officials have promised a $1,000 discount on property insurance premiums through the "My Safe Florida Home Program." However, in order to qualify for the discount, homeowners must first spend over $1,000 to upgrade their homes against storms. The program, which offers free home inspections and financial assistance for roof, door, and window upgrades, has been popular but faces a backlog of nearly 18,000 applications due to limited funding. State leaders are allocating an additional $176.2 million to address the backlog.