Homeowners feel pressure over insurance rate hikes [Video]

WEST PALM BEACH, Fla. — More than a million homeowners rely on Citizens Insurance for coverage, and people in South Florida are feeling the financial pressure.

Emily Redey and her husband have two young kids. She said when she first got Citizens in 2022, her premium was about $1,500.

Two years later, Redey said it’s gone up nearly $1,000, taking a big blow on their budget.

“My husband is now working six days a week. I’m home with the kids. They barely see their dad cause he’s working so much,” Redey said. “I can’t afford child care on top of the insurance and the mortgage and the property taxes and everything else that comes with taking care of two kids.”

Now her family may see another increase …