Home Insurance Blog

Will Citizens ask you to verify your residence is primary?

Citizens: Get Ready to Prove Your Residency

You’ll need to prove to Citizens that your policy covers a “Primary Residence”. If your home is not your “primary residence” you will face higher rate increases in the future. The Florida Office of Insurance Regulation (OIR) has approved an increase in the capping factor on policies for non-primary residences. This change will affect new […]

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Floridian opens her insurance bill and worries about the high price.

Why are my Insurance Rates so High?

Here’s an article that explains our high insurance rates from someone who has been at the forefront of the Insurance Industry in Florida for 40 years. WHAT FACTORS CAUSE FLORIDA’S HIGH INSURANCE RATES By David Thompson, AAI, CPCU, CRIS Whether it’s auto or home insurance, price is a significant consideration with any household budget. This article

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Will Citizens ask you to verify your residence is primary?

It’s Take-Out Time at Citizens: Are You Ready?

Its that time again when Citizens Property Insurance reduces the number of policies on their books by using the Take-Out program. Every few years, private insurance companies in Florida go out of business or stop writing new business here. This forces new policies to be written into Citizens and swells its exposure to claims. Since

It’s Take-Out Time at Citizens: Are You Ready? Read More »

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