Citizens insurance faces massive public outcry at Miami workshop

Auto Insurance Survey

Insurer intends to increase rates by 7.5 percent in 2013. The Citizens Insurance board received an angry scolding from homeowners and lawmakers alike during a Miami workshop in which it announced its intentions to increase its rates by 7.5 percent, on average, next year. The proposed rates increase would affect premiums across the state. Though almost all homeowners with Citizens Insurance coverage would find themselves with higher premiums, some areas would be harder hit than others. South Florida, for example, will have higher increases than other regions if the proposed…

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