Citizens Insurance Review 2024 | Bankrate
Savings Corner
APRIL 4, 2024
percent rate increase for new and renewal home insurance businesses, effective September 1, 2022. Citizens began 2022 with 776,790 policies and ballooned to 1,111,283 by October 2022, a 43 percent increase. Having so many of Florida’s high-risk homes insured by Citizens may create problems in the aftermath of a catastrophic loss.
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