Fla. Pays More For Insurance Than All But 9 Nations
|By Charles Elmore, The Palm Beach Post, Fla.|
|McClatchy-Tribune Information Services|
Somehow the brochures tend to leave out that last part.
Floridians collectively pay
By this accounting, fewer than 20 million Floridians pay more than the 1.2 billion people of
Florida Insurance Commissioner
Various cultural and financial factors can account for differences in the size of insurance markets, others say.
He said he's been to
So in one sense, perhaps, it's a measure of prosperity. It takes a certain level of affluence to afford things like nice cars and homes near the water -- and to live in a place where it is routine to have insurance for all sorts of things such as homes, cars, life and health. And hurricane risk and health costs with an older population may tend to be higher in a state like
Still, Floridians pay a world-class insurance bill.
With 5 million fewer people than
World's biggest insurance markets
Rank;Country/state; Premium (billions US$)
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