Home insurance rates in Florida have soared in recent years, making it the most expensive state to insure a house. Financial and environmental experts — including Dr. Lori Medders, professor and chair in App State’s Department of Finance, Banking and Insurance — explain how multiple factors are contributing to high insurance rates in the state, including extreme weather, inflation and lack of options.
Read the article at thisoldhouse.com.
Read more advice from faculty experts in the news at today.appstate.edu/in-the-media.
About the Department of Finance, Banking and Insurance
The Department of Finance, Banking and Insurance develops leaders for business, government and education by offering a Bachelor of Science in business administration in two specializations: finance and banking, and risk management and insurance. Learn more at https://finance.appstate.edu.
Dr. Lori Medders, professor and chair in App State’s Department of Finance, Banking and Insurance
