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ORLANDO, Fla. – Florida homeowners are seeing their premiums jump — sometimes by more than triple — or their policies are getting dropped all together.

Tom Cotton, owner of Hugh Cotton Insurance in Orlando, told News 6 anchor Justin Warmoth on “The Weekly” the crisis is a culmination of issues that haven’t been fixed over several years, but litigation is the main ingredient.

[WATCH: The Weekly: Here’s what’s causing Florida’s homeowners insurance crisis]

Cotton went on to say the key point to fixing the crisis: making roofs cash value.

“People are treating their homeowners policy as a warranty policy for a roof,” Cotton said. “Right now, if you have damage to a roof and it’s 5 years old, you get a new roof. If your roof is 25 years old and gets damaged, you get a brand-new roof.”

Watch “The Weekly” for tips from Cotton on what to do when in this situation.

We’d like to hear about your situation and how our Insiders are faring with Florida’s homeowners insurance crisis.

About the Authors:

Justin Warmoth joined News 6 in February 2013 as our Brevard County reporter. In March of 2016, after anchoring the weekend mornings since August of 2015, Justin was promoted to weekday morning anchor. You can catch him Monday through Friday mornings from 5-7 a.m. and at noon.