Citizens Depopulation/ Policy Takeout
Citizens Insurance is a state-run insurer of last resort. It was created when private insurance companies were reluctant to write policies in high-risk areas leaving some without the ability to obtain insurance.
Recently, many companies have been removing policies from Citizens Insurance. This is a crutial step forward in improving the Florida insurance industry and reduce the additional assessments on Floridians.
What does this mean for you?
Having the offer of an alternative insurance carrier to Citizens is likely beneficial for you.
If you receive a notice that a company wants to remove your policy from Citizens, it is best to consult your agent to find out the details of the removal. Typically, this removal is a good sitution for the insured; however, each situation is different. We welcome you to contact us with any questions or concerns you might have regarding the Citizens depopulation/ take out. (941) 966-5900
The website below was created by Citizens as a resource to assist you in understanding and navigating the depopulation/ take-out process.