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Big Changes Are Coming To Homeowners Insurance In Florida

Budget chiefs rollout PECO spending

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Citizens Ins.: Steep Rate Hikes Would Discourage New Customers

Florida's state-run property insurer wants steep rate hikes to discourage new customers

Florida s state-run property insurer wants steep rate hikes to discourage new customers Sun Sentinel 12/17/2020 Ron Hurtibise, South Florida Sun Sentinel © Eve Edelheit/Tampa Bay Times/Tampa Bay Times/TNS Damage from Hurricane Irma in Big Pine Key, Fla in 2017. Citizens Property Insurance Corp., Florida s state-owned“ insurer of last resort,” has been attracting customers in droves because its policies are so cheap. The folks who run Citizens Property Insurance Corp. probably don’t want you to hear this, but you can save up to 39% off your insurance bill if you switch from your current home insurer to Florida s state-owned “insurer of last resort.”