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Citizens Takeout

Does Leaving Citizens Affect Your Mortgage Escrow?

Truscott Insurance Solutions
July 22, 2026
4 min read

If you have a mortgage and are considering leaving Citizens for a private insurer, a natural question is how the switch affects your escrow account and monthly payment. With a little coordination, the transition can be smooth.

How escrow works with insurance

If your lender escrows for insurance, part of your monthly payment goes into an account that pays your premium when it is due. When you change insurers, your lender needs the new policy information so it pays the right company.

What to watch

  • Notify your lender promptly with the new policy details.
  • Confirm the old policy is cancelled and any refund is handled.
  • Expect your escrow and payment to adjust if the premium changes.

What Truscott recommends

Keep your lender in the loop so the switch does not cause a payment hiccup. Learn more about leaving Citizens or start a free quote.

Free tools from Truscott

  • Citizens takeout letter review
  • Leaving Citizens on your terms
  • Takeout first-renewal check-up

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