Tampa Bay residents’ life insurance policies could be lacking, NerdWallet finds

Thanks to inflation, a loss of household income and a rise in homeownership costs, Tampa Bay area residents who purchased life insurance policies 15 years ago may find those funds insufficient today, according to a NerdWallet Study.

Palm River-Clair Mel, an unincorporated area of Hillsborough County, had the seventh-highest decrease in household income from 1999 to 2013, while Valrico had the highest increase in Florida.

In terms of homeownership costs, Tampa had one of the highest increases in… …read more