What is Citizens Property Insurance Corporation?
Citizens Property Insurance Corporation is the state’s entity to address the insurance availability deficit that exists in Florida. Citizens Insurance provides insurance to homeowners in high-risk areas and others who cannot find coverage in the open, private insurance market. It was designed to be the state’s insurer of last resort. Therefore, Citizens insures the properties most at risk to be damaged in the state, especially for properties along coastal regions and those subject to sinkholes.
