These files are provided for informational purposes only. Although they are believed to be reliable, they are not guaranteed as to accuracy or completeness. The Florida Statutes, along with the Rules adopted by the State Board of Administration of Florida (SBA), are the authoritative source on all FHCF policies and requirements.

2023/2024 Ratemaking Formula Report

2023/2024 Ratemaking Formula Report
Last Update 2023/05/31

Florida Hurricane Catastrophe Fund 2023 Rates

Following is an index of the 2023/2024 FHCF rates for each coverage level by type of business, deductible group, construction class, and FHCF rating region. You may view and print the desired rate pages by selecting the applicable index.

Florida Hurricane Catastrophe Fund 2023 All Rates

Commercial Rates Coverage Level 45% Coverage Level 75% Coverage Level 90%
Residential Rates Coverage Level 45% Coverage Level 75% Coverage Level 90%
Mobile Home Rates Coverage Level 45% Coverage Level 75% Coverage Level 90%
Tenants Rates Coverage Level 45% Coverage Level 75% Coverage Level 90%
Condominium Unit Owners Rates Coverage Level 45% Coverage Level 75% Coverage Level 90%
 

2023/2024 FHCF Retention Multiples

The 2023/2024 FHCF Retention Multiple for each of the coverage levels is defined as the following:
Coverage Level 2023/2024 Retention Multiple
90% 6.0732
75% 7.2878
45% 12.1464
 

2023/2024 Premium & Coverage Calculations

2023 FHCF Premium Calculation Examples Including Mitigation
Last Update 2023/05/31
2023/2024 FHCF Coverage Selections & Premium Calculations
Last Update 2024/04/08
2023/2024 FHCF ZIP Codes, County Codes, & Rating Regions
Last Update 2023/05/31
2023/2024 FHCF Projected Payout Multiple (Updated 12/31/23)
Last Update 2024/02/06