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Attention Citizens Policyholders – Important Policy Changes

There have been some significant policy changes to your Citizens homeowners/dwelling fire policy.  We have noted some of them below but please review your policy documents you receive from Citizens for a full list of changes.

1. Citizens is no longer providing coverage for:

  • Aluminum carports
  • Screen enclosures
  • Patios and awnings
  • Tiki huts
  • Gazebos
  • Cabanas
  • Pergolas
  • Or similar structures

**If you currently have any of these structures and you renew(ed) with Citizens, this coverage will be/was  automatically terminated.  No buyback is available.

2. Citizens is lowering the maximum limit available for:

  • Personal Liability Coverage – reduced from $300,000 to $100,000.
  • Mold Coverage – reduced from $25,000 to $10,000.

3. Citizens is reducing Other Structures and Personal Property coverage:

  • Coverage B – Other Structures – is decreasing from 10% to 2% of Coverage A

For example, if you have your home insured for $200,000 (Coverage A) your coverage for other structures would decrease from $20,000 to $4,000.  Please contact us to buy back this coverage.

  • Coverage C – Personal Property – is decreasing from 50% to 25% of Coverage A

For example, if you have your home insured for $200,000 (Coverage A) your coverage for your personal property would decrease from $100,000 to $50,000.  Please contact us to buy back this coverage.

 4. If you currently have Sinkhole Loss Coverage, a mandatory 10% Sinkhole Loss deductible will be applied if you renew your policy.  No buy back is available.

**This is a just a partial list, all these coverage changes are significant.  We recommend you have your insurance with a non-Citizens carrier because of these coverage reductions/limitations.**

  1. Walt Sinkhorn Reply
    Kind of makes me wonder why I buy Insurance in the first place? It appears the possible answer to any Insurance claim would be, No! Well? No Oh! lets look into that one, No to that too. Gee! that is a NO also. Nope! NaDa! Aaaaaaaa, NO NO Wow, that's a BIG NO! I just thought of all of those Insurance premiums we have paid since I bought my 1'st house way back in 1970............and! I have NEVER made a claim...........Probably have spent $70,000 to $80,000 in premiums. Kind of makes me wonder why I buy insurance in the first place. Didn't somebody already say that?
    • seibertagency Reply
      I can appreciate your frustration. As an insurance agent, we want to see that our clients losses are covered and paid. The fact of the matter is that not all exposures a client has can/will be protected with insurance, especially if you choose to stay with Citizens. This is why we are making the extra effort to notify our clients of the additional gaps in coverage via our blog, emails and letters regarding the changes. Citizens does pay claims as evidenced by the fact they paid out over $950,000,000 in claim payments in 2011 alone (2012 numbers are not released yet but my guess it will in excess of $1 Billion in paid claims for 2012). In my agency, the carriers I represent paid out over $5,000,000 in claim payments last year on behalf of my clients for covered losses they suffered. Unfortunately the current political environment in Florida will not allow for more than a 10% rate increase for Citizens, so as an alternative Citizens has striped down the policies coverage. Again, insurance does not and will never protect against any and all exposures you face so you are correct in saying that something may not be covered. I am happy to discuss further if you have any additional questions. Thank you for your feedback. Karyn Roeling

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