After Governor Ron DeSantis and the Florida legislature passed sweeping lawsuit abuse reforms that addressed predatory billboard lawyers, Florida is now reaping the benefits. Car insurance rates are down, rideshare costs are cheaper, and home insurance rates are also decreasing, with these savings expected to continue and grow in 2026. 

A new report out today highlights how rideshare costs are now lower in Florida as a result of lawsuit abuse reforms, according to an article in Florida Politics. 

Governor DeSantis announced insurance relief is coming for homeowners in Florida after years of rising prices at a news conference earlier today. After these reforms reduced litigation rates in some of the most litigious counties in the state, Citizen’s Insurance announced they are reducing their rates. Governor DeSantis explained that the average reduction for Citizen’s Insurance policyholders is “8.7% statewide, while discounts in South Florida counties will be even greater.”

According to NBC Miami:

“‘These are historic reductions that have not been seen in modern memory,’ DeSantis said, attributing the drop in premiums to a combination of legal reforms, increased market competition, and a drastic decline in abusive litigation related to insurance claims.”

These new rates will go into effect starting this spring, leading financial relief for hundreds of thousands of Florida families.

Major insurers in the state including State Farm and Progressive made similar announcements after they were able to offer significant rate reductions for auto policyholders, resulting in about $400 annual savings per vehicle. 

WFTV9 also reported that the largest five carriers in Florida have decreased their rates by 6.5%. These five carriers account for 78% of the market, meaning much needed savings for families across the state. 

Florida is proof that lawsuit abuse reform works and leads to tangible savings for consumers and families. At a time when most of the country is seeing prices rise, Florida serves as a model for how legislation can be used effectively to lower prices and deliver savings to families and consumers.