American Mobile Insurance Exchange has announced its exit from the Florida market, issuing cancellation notices that will primarily impact manufactured homeowners in Southwest Florida. The departure adds to the ongoing insurance crisis in the state, which many see as a setback for an already fragile market. Residents, especially retirees on fixed incomes, find themselves with limited options and some are now choosing to go without insurance altogether, while others are being pushed toward the state-run Citizens Insurance due to rising rates. Homeowners are increasingly calling on state and federal leaders to provide assistance to address the growing challenges within the insurance landscape.
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