Citizens Insurance will make significant changes to its reinspections

August 21, 2012August 21, 2012 Julie Campbell

Following consumer outcry and heavy media attention, the insurer will be altering the program. Citizens Insurance has now announced that it will be overhauling its highly controversial reinspection program, following significant consumer upset as well as massive negative media coverage. So far, the program has led to a tremendous $137 million in premiums increases. The new plans for the program will give homeowners who have lost their discounts on their Citizens Insurance policies, the opportunity to have a second inspection, free of charge, at which time they can either have…

Citizens Insurance withdraws discounts for damage prevention

July 24, 2012July 23, 2012 Marc

Home inspections for hurricane proofing efforts have led to several revoked premiums decreases. Citizens Insurance has been visiting homes throughout Florida that have received a discount on their premiums based on their hurricane proofing efforts, and has revoked the price advantage for many whose preventative techniques are inadequate or nonexistent. This has put the insurer under a great deal of fire. Almost three quarters of the 225,502 homeowners who are covered by Citizens Insurance and that underwent the inspections have seen price increases based on the reports of the inspectors.…