Homeowners insurance at Citizens being moved in record numbers

Homeowners insurance New Jersey

Approximately 60,000 more policies are being shifted to private insurers with owner consent. Citizens Property Insurance Corp in Florida has taken its next step in its aggressive effort to dump policies, having now announced that many of its homeowners insurance customers will need to decide whether or not they will remain with the state backed company. Following all of its efforts it may shed up to 300,000 policies. This drop would represent about one fifth of its total of almost 1.47 million policies. The goal is to have sloughed them…

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