Are you adequately insured? Do you have enough or possibly too much insurance coverage? You don’t want to wait to change your policy. However, you must ensure you have the proper range until something happens that you aren’t prepared for. So, let the Citizens Property Insurance Corporation help you get the right coverage with a plan customized to fit your needs and budget so you know what you will do.

The Citizens Property Insurance Corporation Cares

The Citizens Property Insurance Corporation began in 2002. In addition, it was created as a non-profit last resort insurer in Florida and became one of the largest insurers in the state very quickly. They are headquartered in Tallahassee, Florida, and have offices in Jacksonville, Florida, and Tampa, Florida. Citizens Property offers policy services, underwriting, claims, and customer support to support and keep them growing in Florida.

Hurricane Andrew Hit Florida In 1992

In 1992, Hurricane Andrew became one of the most expensive storms the United States has ever had, with over $26.5 billion in damages. Thirty insurance companies in Florida used their reserve money to handle the claims. Some stopped writing or renewing policies and left the state, while eleven insurance companies went bankrupt. The remaining companies had to raise the costs of their policies and deductibles. In addition, they had to watch how many high-risk policies they wrote. It made it hard for almost a million homeowners to find a Florida home insurance company. Hence, the Florida Legislature temporarily created the Florida Residential Property and Casualty Joint Underwriting Association. In addition, they asked the Florida Windstorm Underwriting Association to help.

With fewer hurricanes and more manageable damage between 1992 and 2003, new insurance companies began. Moreover, existing insurance companies started writing policies again. By 1999, the Florida Residential Property and Casualty Joint Underwriting Association and the Florida Windstorm Underwriting Association were ready to merge. They combined to create the Citizens Property Insurance Corporation.

With four major storms in 2004 and damages of over $57 billion, the insurance industry in Florida once again took a turn for the worse. Five more significant storms occurred the following year, including Katrina, the most expensive hurricane in the Atlantic. This destruction caused insurance companies to leave Florida again. However, Citizens stayed and became the only homeowner’s insurance in Florida available for some people. As a result, it became more dedicated to remaining in Florida for its customers.

Types Of Coverage Offered By Citizens Property In Florida

Citizens Property offers personal residential plans for multiple threats. They insure against fire, wind, and theft based on the type of property insured. One of these is homeowners, which provides insurance for the home, buildings, other structures, items inside, and living expenses should you stay somewhere else until your home is repaired or rebuilt. Also, liability insurance protects you in case someone gets hurt on your property or their items get damaged.

Citizens Property also offers Tenant Content plans that provide insurance for the contents in the home and living expenses should you have to stay somewhere else until your place is repaired or rebuilt. Also, liability insurance protects you in case someone gets hurt on your property or their items get damaged.

Additional Coverage Types

Citizens Property offers Florida condominium insurance plans that provide insurance for the inside part of the building if something should happen, the items inside, and living expenses should you have to stay somewhere else until the condo is repaired or rebuilt. 

Also, liability insurance protects you in case someone gets hurt on your property or their items get damaged. This policy can provide insurance for either the owner of the condo or someone they rent it to.

Citizens Property also offers modified homeowners plans in Florida that provide insurance for the same as the homeowners’ policy. However, they restrict this policy to repairing dwellings based on average construction materials and methods. In addition, it is limited to eleven threats, not including the danger of water.

What About Mobile Home Insurance In Florida?

Citizens Property offers Mobile Homeowners plans that provide insurance for the actual mobile home, buildings, other structures, inside contents, and living expenses should you stay somewhere else until your home is repaired or rebuilt. Also, liability insurance protects you in case someone gets hurt on your property or their items get damaged.

They also offer mobile home insurance in Florida that provides insurance for the inside contents of the mobile home they rent. Living expenses should you stay elsewhere until your home is repaired or rebuilt. Liability insurance to protect yourself in case someone gets hurt on your property or their items get damaged while there.

Citizens Property Offers Protection Against Fire

Citizens Property offers Dwelling fire plans that provide insurance for inside contents, loss of rent, and living expenses should you stay somewhere else until your home is repaired or rebuilt. Optional liability insurance to protect yourself in case someone gets hurt on your property or their items get damaged while there.

It also offers Personal Residential Wind plans for eligible areas. It covers damage by hail and various types of wind, such as hurricanes. In addition, the policies can be purchased through Citizens Property to meet your needs if you live in a wind-covered area.

Finally, it offers Commercial Residential multiple damage plans covering residential buildings for various damages such as fire, wind, and sinkholes. These cover facilities such as condominiums, apartments, homeowners associations, residential buildings of homeowners associations, other commercial, residential coverage for residents, and residential buildings of a retirement area.

Get A Quote Today

Citizens Property strives to serve Florida with its public service to the area, high morals and conduct codes, honor and respect, well-mannered ways, politeness, and quick and fair response to claims. Citizens Property Insurance Corporation aims to be around for many years to come. It will provide property and casualty insurance with outstanding customer service while protecting Florida’s homeowners.