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;
Related Information
Best Ways To Save Money On Your Auto Ins
1. Drive Less for and get a discount
Some carriers will discount your premium with a low-mileage discount if you drive less than 7,500 miles per year. Also ask your agent if you can receive a commuter discount for using public transportation.
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Comprehensive Coverage:
Comprehensive Coverage covers your car or vehicle that is damaged other than through a collision.