Florida’s Citizens Property Insurer Offers Commercial Multi-Peril Policy

Florida’s state-backed Citizens Property Insurance Corp. will begin offering a commercial nonresidential multi-peril policy on Nov.17.

This new policy will be available to eligible nonresidential risks located statewide.

House Bill 1A from 2007 required that Citizens develop a plan to transition the existing wind-only policies of the Property Casualty Joint Underwriting Association to Citizens and required that Citizens offer commercial nonresidential coverage that was previously provided by the PCJUA. In addition, Citizens was required to begin offering commercial nonresidential insurance for basic property perils coverage.

Additional information can be accessed at www.CitizensFla.com.

Source: Citizens Property Insurance Corp.

Latest Comments

• November 11, 2008 at 11:30 am

  Bob says:

  I think that to start Citizens should get rid of all out of state vendors, keep the work force in Florida and not to other states. This in itself would save a ton of cash and ... read more
• November 5, 2008 at 9:03 am

  Bill says:

  Charlie, you should have been nominated for vice president. (For Obama)
• November 4, 2008 at 9:51 am

  South Fla Agent says:

  This is absolutely rediculous. Citizens is a complete disaster. They are extremely underfunded, poorly managed and continue to expand and grow. In the midst of recently discov... read more