DeSantis Highlights Insurance Rate Drops Ahead of Legislative Session

Davie, FL — One day before the start of Florida’s new legislative session, Governor Ron DeSantis is pointing to falling insurance rates as evidence that recent reforms are working.

Speaking in Davie, DeSantis announced that Citizens Property Insurance will reduce premiums statewide by an average of 5.6 percent. In South Florida, including Miami-Dade and Broward counties, average reductions are expected to be even larger — around 13.4 percent.

The governor credited five insurance reform laws passed since 2019, including tort reform and consumer protection measures, for stabilizing a market that had been plagued by soaring premiums and insurer insolvencies.

DeSantis says the reforms were designed to curb lawsuit abuse, lower litigation costs, and attract insurers back to Florida. State officials argue those efforts are now translating into real savings for policyholders.

While insurance rates remain a top concern for many Floridians, DeSantis says continued legislative focus will be needed to maintain stability and prevent future spikes — particularly as hurricane season approaches.

Lawmakers are expected to revisit insurance-related issues during the session, including property risk mitigation and market oversight.