Blog

Understanding the Risks of HO-8 Coverage

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…
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Citizens Insurance and Gov. Scott’s OK

The 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…
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The Dangerous Practice of Post-Claim Underwriting

An 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 According to reports in the Palm Beach Post, these customers had their coverage was rescinded due to liens that Universal said the…
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What a Drop in Liability Coverage Means for You

If 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…
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