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Citizens Insurance Lowers Premiums in Florida: What Homeowners Need to Know

florida homeowners will have lower premiums with citizens property insurance

Florida homeowners may finally see relief as Citizens Property Insurance announces a 5.6% statewide premium reduction. With policyholders in Miami-Dade and Broward counties experiencing decreases of up to 6.3%, this marks a significant shift in Florida’s volatile insurance market. Thanks to legislative reforms, new insurance providers, and reduced litigation, insurance costs are stabilizing. But what does this mean for your policy? Discover how these changes could impact your home insurance rates and what steps you can take to maximize your savings.