Due to a consistent increase in natural disasters, the Florida Insurance Guaranty Association, the governing insurance body in the state of Florida, has imposed an annual Emergency Assessment Fee totaling 1%, on all policies effective after April 10, 2023. This fee will be used to improve the timeliness and assistance of claims (at the state level) when these disasters occur. The 1% fee is set to expire and any policies effective after September 30, 2026 will not include the fee.