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

Citizens Property Insurance Corporation Is Founded In Florida

Citizens Property Insurance Corporation began in 2002 and 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 but also have offices in Jacksonville, Florida, and Tampa, Florida. Citizens Property Insurance Corporation offers policy services, underwriting, claims, and customer support to support them and keep them growing in Florida.

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 and watch how many high-risk policies they wrote. It made it hard for almost a million homeowners on the coast to find an insurance company to insure their homes. Hence, Florida Legislature stepped in to temporarily create the Florida Residential Property and Casualty Joint Underwriting Association and the Florida Windstorm Underwriting Association to help.

With fewer hurricanes and more manageable damage between 1992 and 2003, new insurance companies began, and 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 into the creation of 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. The following year, five more major storms took place, including Katrina, the most expensive hurricane in the Atlantic of all time. This caused insurance companies to leave Florida again, but Citizens Property Insurance Corporation stayed around and became the only insurer available for some people. As a result, citizens Property Insurance Corporation visited strong and remains in Florida for their customers.

Types Of Coverage Offered By Citizens Property Insurance In Florida

Citizens Property Insurance Corporation offers Personal Residential plans for multiple threats, such as fire, wind, theft, etc., 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 while there.

Citizens Property Insurance Corporation 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 while there.

Additional Coverage Types

Citizens Property Insurance Corporation offers Condominium Unit Owners 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 while there. This policy can provide insurance for either the owner of the condo or someone they rent it to.

Citizens Property Insurance Corporation also offers Modified Homeowners plans that provide insurance for the same as the homeowners’ policy, except this policy is restricted to repairing dwellings based on average construction materials and methods. In addition, it is limited to eleven threats but not including the danger of water.

What About Mobile Home Insurance In Florida?

Citizens Property Insurance Corporation 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 while there.

Citizens Property Insurance Corporation also offers Mobile Home Tenant Contents plans that provide insurance for the inside contents of the mobile home they rent. Living expenses should you stay somewhere else 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.

Protection Against Fire.

Citizens Property Insurance Corporation 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.

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

Citizens Property Insurance Corporation also offers Commercial Residential multiple damage plans that cover residential buildings for various damages such as fire, wind, sinkholes, etc. 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 Insurance Corporation strives to serve the state of 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 and provide property and casualty insurance with outstanding customer service while protecting Florida’s homeowners.