There has been some recent coverage about Citizens’ little-known low-cost policy called HO-8. Before you call your agent and ask for it, here’s what you should know about what the HO-8 policy covers versus HO-1 and HO-3 policies. The HO-8 policy is intended for older homes. Citizens requires that homes be 50 years or older…
DetailsThe Florida Legislature has put an important bill on the desk of Governor Rick Scott regarding Citizens Insurance. Although the bill is a watered down version of the Senate’s proposal, it will mark some fairly significant changes if it is signed into law. The state government created Citizens Insurance as the last resort insurance company…
DetailsAn interesting story has come out of Palm Beach County where some policy holders of Universal Property and Casualty Insurance Co. of Fort Lauderdale were stunned at what happened when they filed claims. According to reports in the Palm Beach Post, these customers had their coverage was rescinded due to liens that Universal said the…
DetailsIf you take a close look at your Citizens home insurance policy, you’ll notice that your personal liability coverage has dropped from $300,000 to $100,000 in your renewal contract.as of May 1, 2012. Personal liability insurance might be one of those policies we don’t give much thought to because we don’t think we’ll ever need…
DetailsLaw and Ordinance Coverage: Hurricane Andrew and the $30 billion price tag it left behind forever changed Florida, and the changes put into place statewide following the storm have had a big impact on your home insurance policy. For many years, Florida’s reaction to hurricane damage was just to clear the mess and rebuild. But…
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