How the Florida Legislature Gets You to Pay the Home Insurance Bills of Others

of making everyone in Florida no matter where they live, subsidize the Florida home insurance rates of those who live in the most hurricane prone areas of Florida.

Last but not least, because the rates of Citizens have been frozen for the past few years, even when consumers can find Florida home insurance in the private market, they are still given the choice of being insured by Citizens and being undercharged for their insurance.

This subsidized insurance that many Citizen policyholders receive, comes at a price. It is paid for primarily through special assessments that we all pay as part of our Florida home insurance bills each year. These assessments have become so burdensome, that Florida home insurance policies are not enough to pay the total cost. That’s why you’ll see many of them on your Florida auto and business insurance bills as well.

If you are fed up with paying the Florida homeowners insurance premiums of someone else, now is the time to have your voice heard during the current session of the Florida Legislature. Tell the lawmakers that you’ve voted for and sent to Tallahassee that you want the Florida home insurance rates of Citizens Property Insurance Corporation raised to reflect the true cost of the homes they are covering.

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