If you hold a Citizens policy, you may receive an offer from a private carrier willing to take over your coverage. These new-carrier offers can be a good opportunity, but only if you evaluate them carefully.
Under Florida's depopulation program, approved private insurers select Citizens policies they want to insure and extend offers to those homeowners. The offer proposes to replace your Citizens coverage with a private policy.
Offers are not always apples to apples. A policy that looks cheaper might carry a higher storm deductible, and one that costs a bit more might offer meaningfully better protection. Comparing the details is where the real value is.
Before you accept or decline, have a licensed agent read the offer against your current policy. Learn more about a new carrier offer or start a quote.
A side-by-side method for evaluating a Citizens takeout offer that goes beyond premium, covering deductibles, sublimits, endorsements, carrier financial strength, and the assessment risk you leave behind.
Citizens TakeoutIf you switch out of Citizens through a takeout or on your own, an open or future claim follows the date of loss, not your current insurer. Here is how claims, deductibles, and refunds work during the transition.