state_legiscan_backfill · FL
Rates for Citizens Property Insurance Corporation Coverage
October 28, 2025
Summary
If enacted, this bill would remove existing limitations on annual rate increases for new policies issued by Citizens Property Insurance Corporation on or after a specified date, as well as for subsequent renewals of those policies, with a narrow exception. This could lead to significant premium increases for Florida homeowners who obtain new coverage from Citizens, potentially affecting mortgage affordability and escrow requirements.
AI-generated summary · May 30, 2026. Verify with your compliance counsel before acting.
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Source: https://www.flsenate.gov/Session/Bill/2026/275
Common questions
- What does "Rates for Citizens Property Insurance Corporation Coverage" cover?
- If enacted, this bill would remove existing limitations on annual rate increases for new policies issued by Citizens Property Insurance Corporation on or…
- When was it published?
- It was published on October 28, 2025.
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