{"id":343144,"date":"2026-07-17T06:10:27","date_gmt":"2026-07-17T06:10:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/343144\/"},"modified":"2026-07-17T06:10:27","modified_gmt":"2026-07-17T06:10:27","slug":"this-florida-based-insurer-is-lowering-rates-for-homeowners","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/343144\/","title":{"rendered":"This Florida-based insurer is lowering rates for homeowners"},"content":{"rendered":"\n<p>Security First Insurance is lowering homeowners insurance rates by an average of 5.6%, the latest in a series of rate decreases the Florida-based company has made over the last two years.<\/p>\n<p>&#8220;Our customers are seeing the impact of our rate decreases,&#8221; Melissa Burt DeVriese, president of Security First, said.<\/p>\n<p>WATCH BELOW: Security First Insurance lowers rates, launches disappearing deductible<\/p>\n<p>Security First Insurance lowers rates, launches disappearing deductible<\/p>\n<p>Insurance companies have been reducing rates or holding them stable as more companies cite a reduction in lawsuits from state reforms.<\/p>\n<p>&#8220;All those savings we&#8217;re required to pass along to customers, and we have been,&#8221; Burt DeVriese said.<\/p>\n<p>Security First also announced new discounts and a disappearing deductible that rewards claims-free customers by reducing their deductible over time.<\/p>\n<p>&#8220;Over the course of five years, every year your deductible goes down 20 percent as long as you don\u2019t have a loss; once you have a loss, the discounted deductible applies, and then it resets back to the full deductible amount, so it rewards consumers who don\u2019t have losses.&#8221;<\/p>\n<p>Based in Ormond Beach, Security First has about 155,000 policies in the state.<\/p>\n<p>&#8220;Security First is committed to writing more policies in southeast Florida,&#8221; Burt DeVriese said.<\/p>\n<p>Premiums in South Florida generally run high, and online firm <a class=\"Link\" href=\"https:\/\/www.wptv.com\/money\/real-estate-news\/study-rising-insurance-costs-are-emerging-as-a-midterm-election-issue-for-florida-voters\" target=\"_blank\" rel=\"nofollow noopener\">Insurify reports<\/a> that in 2026 Florida homeowners pay the highest average premium in the country at $8,292.<\/p>\n<p>State insurance regulators said that with more companies and more competition, homeowners should seek better premiums by shopping around. <\/p>\n<p>            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/1776287048_628_.jpeg\" alt=\"Matt Sczesny card\"  width=\"1280\" height=\"720\"\/><\/p>\n<p>WPTV<\/p>\n","protected":false},"excerpt":{"rendered":"Security First Insurance is lowering homeowners insurance rates by an average of 5.6%, the latest in a series&hellip;\n","protected":false},"author":2,"featured_media":343145,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[28,30,29,872,874,36759,875,140782,876],"class_list":["post-343144","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-florida","tag-florida-headlines","tag-florida-news","tag-florida-real-estate-news","tag-priced-out-of-paradise","tag-security-first-insurance","tag-south-florida-real-estate","tag-what-is-a-disappearing-deductible","tag-wptv-real-estate-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/343144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=343144"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/343144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/343145"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=343144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=343144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=343144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}