Florida, Citizens Property Insurance

Will a lower insurance rate lead to lower premiums for Florida homeowners?
Several factors have been sited for helping bring down property insurance rates. It remains to be seen if premiums will drop, too.
Florida regulators approve new rates for Citizens with changes taking effect June 1
Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most-common type of homeowners policy increasing by a statewide average of 6.6 percent.
Citizens Insurance rates to decrease in South Florida, DeSantis reveals
Most customers of state-run Citizens Property insurance Corp. in Broward and Miami-Dade counties will see substantial rate decreases this year, Gov. Ron DeSantis announced Wednesday. DeSantis said that Citizens will “very soon” announce that 52% of Broward County homeowners will see average decreases of 4.
Florida's Citizens Insurance to cut rates by 5.6% in 2025
Florida’s Citizens Property Insurance Corp. will reduce rates by an average of 5.6% statewide in 2025, according to Gov. Ron DeSantis. The governor said the state had the lowest average increase in homeowners insurance rates nationwide over the past year.
'It's complicated': Can homeowners return to Citizens Insurance amid a possible rate decrease?
Gov. Ron DeSantis announced more than 20% of Citizens property insurance policyholders would see a statewide average premium decrease of about 5.6%.
Florida insurance regulators scale down Citizens Insurance rate hike request
Florida's Office of Insurance Regulation has formally filed an order turning back a 14% rate hike request by Citizens Insurance.
Gov. DeSantis announces rate cuts for many South Florida Citizens Insurance customers
TALLAHASSEE -- Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami, DeSantis said 73 percent of Citizens customers with homeowners policies in Miami-Dade County will receive premium reductions.
Insurance regulators slash Citizens’ requested rate hikes for 2025
Insurance regulators spent more than seven months considering the 14% average rate hike proposed for homeowners covered by state-owned Citizens Property Insurance Corp. and ultimately voted thumbs down.
Florida trims potential rate hikes for Citizens insurance holders
Florida regulators have approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the most common type of homeowners policy increasing by a statewide average of 6.6 percent.
Some Florida Homeowner’s Insurance Premiums Will Fall. Here’s Why.
An insurance regulator approved a smaller rate increase than the state’s largest insurer had requested and ordered the ...
Florida Politics18h
Frank White named as new member of Citizens Insurance Board of Governors
Florida’s insurance agency of last resort has a new member of its Board of Governors.
DeSantis takes a victory lap as Citizens' proposed 14% increase abruptly reversed
The news about Citizens, which offers coverage to Floridians unable to get policies from insurance firms, follows years of ...
Citizens Property Insurance Corp. rates rise as policy count drops
State regulators last week approved new rates for the state’s Citizens Property Insurance Corp., with premiums for the ...
Alachua Chronicle on MSN4d
Governor Ron DeSantis announces auto insurance reductions statewide and 11 new companies entering Florida's market
Governor DeSantis announced that major auto insurance companies such as GEICO, Progressive, and State Farm have filed for rate reductions of -10.5%, -8.1%, and -6%, respectively, and Florida has the ...