Florida Homeowners Get New ‘Affordable’ Insurance Options-but There’s a Catch

https://www.realtor.com/news/trends/homeowners-insurance-florida-new-construction
A pair of [Florida](https://www.realtor.com/realestateandhomes-search/Florida)-based insurance providers have teamed up to create a new “affordable” insurance program aimed at [homeowners in the hurricane-prone state](https://www.realtor.com/mortgage/home-insurance/compare), but there’s a catch: It is limited only to buyers of newly built homes. [Security First Insurance and Embark MGA unveiled](https://www.securityfirstflorida.com/newsroom/security-first-insurance-partners-embark-mga-enter-new-home-builder-insurance-channel) in late December the new insurance product, which boasts enhanced coverage