What Citizens Insurance depopulation means for Florida homeowners
clickorlando.com
What Citizens Insurance depopulation means for Florida homeowners
As rates soared, this state-backed carrier amassed a staggering 1.25 million active policies. Now, however, that number is about to be halved as the state rolls out a depopulation initiative.
Oct 4, 2024
Citizens Property Insurance Corporation Florida Homeowners Insurance
Florida insurance premiums are trending down. 📉 Link in the comments for the full story. Citizens Property Insurance will begin spring rate reductions, impacting over 330,000 policyholders statewide, with average decreases of 8.7% and larger cuts in South Florida. Auto insurers are also filing statewide rate reductions, signaling increased competition and lower costs for homeowners and drivers across Florida. Have you started to see your insurance rates go down? Let us know in the comments. | T
1:01
Florida insurance premiums are trending down. 📉 Link in the comments for the full story. Citizens Property Insurance will begin spring rate reductions, impacting over 330,000 policyholders statewide, with average decreases of 8.7% and larger cuts in South Florida. Auto insurers are also filing statewide rate reductions, signaling increased competition and lower costs for homeowners and drivers across Florida. Have you started to see your insurance rates go down? Let us know in the comments. | T
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