Hi all,

I went to pay my monthly mortgage payment today, and saw that my amount had changed from $2100 to $2700. I called my lender and they told me that it was mostly due to my homeowners insurance increasing from $1800 to $4800! I talked to my insurance company and they said that the increase was due to the market rate in Florida (I live in Jacksonville Florida). I am trying to shop around for competitive rates but I wanted to source any advice from here. Any opinions on this? Is this sort of thing normal? TIA for any help here!

EDIT: Got with an insurance broker who has sourced a couple of options that are much more affordable! Still going up from my old rate but not even close to as significant. If anyone in Florida needs any help with a similar situation, DM me and I can send resources that helped me!