Citizens to take another look at its policies for Florida wind mitigation

Hurricane Shutters

The company is having another look at the way it offers this coverage, though higher rates are likely. The state backed insurer, Citizens Property Insurance Corp., has stated that in response to the calls that have been made to match the premiums to the risk, it will be reexamining its Florida wind mitigation, which was first established ten years ago. This will mean that many customers will see an increase in the rates they pay. The company intends to look into the residential policies of 209,000 people before the end…

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