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Insurance & Tax Savings in Florida

insurance & tax discounts florida

It’s the beginning of Summer and it’s about time tax dollars made their way to a truly important cause: right back to the taxpayer! That is, Florida homeowners will soon get some tax relief on their residential property and flood insurance premiums as the state legislature approved a new law going into effect for 2025. But don’t get too excited as the savings are only estimated to be $60 to $100 per household for the year!

Okay, but the title also said something about sales tax savings? Coming July 1st kicks off “Freedom Month” which will see an exemption from taxes on qualifying recreation and outdoor items, as well as admission to entertainment and cultural events. So if you have been considering a purchase of camping, fishing, boating or pool equipment for some Summer fun, you may save a few dollars in the month of July. Even sunglasses and sunscreen will be tax free!

Have a great Summer and if you aren’t already enjoying our Central Florida coast, please contact us and let us know how we can help.

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