Citizens Property Insurance Florida is the house insurance of the state sponsored Citizens Property Insurance Corporation – considered as the Florida home insurance of last resort for Florida consumers. It must be recalled that the aftermath of Hurricane Andrew saw quite a number of Florida home insurance companies backing out on the hurricane risks they were willing to cover for the state of Florida. This created a shortage for house insurance coverage which forced the state to create the Citizens Property Insurance Corporation or Citizens for short. The goal is to provide house insurance coverage to Florida consumers who have been denied coverage by mainstream insurance companies who fear a repeat of the widespread devastation caused by Hurricane Andrew.
Citizens is required by Florida law to provide wind coverage or hurricane risk insurance to Florida consumers. This is a tough task to follow since according to them they are not charging enough for the risk they are undertaking. It faces operational challenges that are hard for ordinary Florida consumers to understand. It is also under constant political pressure and constantly criticized by its peers from the private Florida home insurance sector.
In the spirit of transparency and to keep Florida home insurance consumers informed of all activities undertaken by Citizens, it has come out with its own house insurance blog. The blog contains essential information about Citizens insurance plans and rates, a guide to home insurance buying, home insurance alerts, and other news and developments in the Florida House insurance industry.
Apart from Citizen’s Florida house insurance, there are other blogs about hazard insurance worth watching. Notable among them are the blogs by lawyers specializing on house insurance policies. With the recent discovery of sinkholes in Florida the limelight has shifted from wind coverage to the risks of subsidence (sinkhole). People have started checking their house insurance policies relative to sinkhole coverage. And appropriately, law blogs specializing on house insurance policies has now become a great source of information for this.
Because of the many complications and implications of various house insurance plans and the myriad of risks they cover, it is important for consumers to understand them and know exactly how they can protect your property. Armed with such knowledge, it will not be difficult to choose the most appropriate type of coverage to purchase. Blogs published by insurers and other allied professionals would come in handy as they are the best source of information for such a complicated subject as homeowners insurance.
For your customized Florida home insurance, answer the questions below. RTC Insurance Advisors carries Citizens insurance policies. If you are in an area with limited carriers, Citizens may be your best bet. We will discuss your situation to see what carriers are open for business in your zip code. Phone: 352-200-2066.