TAMPA, Fla. (WFLA) — The Sunshine State, home to more than 22 million people, has an affordability problem when it comes to housing—not just for buying a home or finding a place to rent. Protecting your home can also be expensive.

John Rollins, a former Florida Chief Financial Officer and former Chief Risk Officer at Citizens Property Insurance spoke with WFLA.com about the state’s ongoing property insurance issues. Rollins serves as a Director of Ventures at EIG Holdings, Inc., a Texas-based diversified claims, technology and restoration company serving several Florida insurers.

Speaking with WFLA.com, Rollins said in the past three years, policy rates have gone up 100% for Floridians, and the rate increases aren’t stopping. He said the industry, as well as various state officials, are expecting premiums to go up between 40% to 50% or more in June.

He said while complicated, the issues facing Florida homeowners boil down to how insurance policies are billed, and what’s impacting the increasing rates. As previously reported, a finding a solution to the property insurance crisis is challenging, and it’s unclear exactly what can be done to fix it in the short term.