A recent poll in Florida found that a shocking number of homeowners have seen their insurance rates head up over the last year. The poll conducted by Cygnal between Nov. 11 and Nov. 13 surveyed 800 likely Florida voters and found that a miniscule 0.5% of all respondents say that their rates have decreased in the last year.

A whopping 76% of all respondents said their rates have gotten higher in the last year. Even more disturbing is that 56% of all respondents claim their insurance coverage price is “much higher” than last year.

The poll also asked respondents if they were “concerned” about higher insurance rates and the answer was very definitive. 91% of respondents said yes, they were “concerned” about higher rates, a mere 5% responded no.

While homeowners are clearly unhappy about the state of the insurance market in Florida, new insurance companies are entering the market. Recently Orange Insurance Exchange, Orion180 Select Insurance Company, Orion180 Insurance Company, Mainsail Insurance Company, and Tailrow Insurance Companies have taken over policies from the insurer of last resort, Citizens Property Insurance.

Citizens Property was designed as an insurer of last resort and is currently the largest insurer in the state as insurance companies have stopped writing policies in certain areas or pulled out of the state altogether.

While legislators enacted new laws that should help lower rates, it is clear from this poll that homeowners have not yet seen the benefits.

While hurricane season is over until next spring, this survey should make it clear to lawmakers that their reforms didn’t go far enough.