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Citizens Insurance Policyholder’s will see premiums rise up to 12%!

Rates will increase from 5.2% to as much as 12% depending on the situation your home is in. Homes on the East side of I-95 in S. Florida will  get the worst of all. Everyone should call the agent they have and ask for service. Shopping to get  the best deals from a variety of companies is the only way to save money as well as having a new, current Wind mitigation inspection!  Your agent should be able to tell you how many companies they have available to them. If this number is only 4-6 companies then shop with another agency.If you think this is bad, be glad you are not w/ State Farm and averging 27% increases. Please read the article on the average increases expected for Florida w/ Citizens;

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2009/11/citizens_insurance_policyholde.html

 

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