TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (Office) has established the 2015 rates for Citizens Property Insurance Corporation (Citizens), Florida’s largest property insurer. Overall, the statewide average homeowners rate will fall 3.7% compared to the 3.4% decrease requested by Citizens. The Order sets rates for Citizens Homeowners’, Dwelling Fire, Mobile Homeowners and Mobile Homeowners Physical Damage accounts.
The effective date for both new and renewal rates within the Personal Lines Account and Coastal Account is February 1, 2015.
The chart below provides the overall statewide average rate changes established by the Office for each account individually: