New rule coming for joining Citizens Insurance
A new rule will soon make it just a little more difficult for homeowners to get a policy with Citizens Insurance.
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A new rule will soon make it just a little more difficult for homeowners to get a policy with Citizens Insurance.
Mounting HOA fees, required upgrades and sky-high insurance premiums are pricing the middle class and those on fixed incomes out of South Florida.
A new report says 70.3% of Florida homeowners have been affected by rising homeowners insurance costs, well ahead of the nationwide figure of 44.6%.
More than 1.3 million Floridians insure their homes with Citizens Property Insurance. And nearly all of them are expected to see at least a 10% increase in their cost in the near future.
Citizens Insurance takeover policies approved — hundreds of thousands may have to switch as regulators approve seven private insurers to take over 202,000 policies.