Florida Property Rate Changes Approved
The average rate increases approved for Florida’s Citizens:
Personal Lines
Homeowners: 5.4 percent
Dwelling Fire: 8.8 percent
Mobile Homeowners: 1.7 percent
Mobile Home Physical Damage: 2.1 percent
Commercial Lines
Commercial Property Residential-Condo Assoc.: 10.2 percent
Commercial Property Residential-Ex-wind-Condo Assoc.: 10.2 percent
The increases Citizens had proposed:
Homeowners: 5.4%
Dwelling Fire: 8.8%
Mobile Homeowners: 1.8%
Mobile Home Physical Damage: 2.1%
Commercial Property Residential-Condo Association. 10.1%
Commercial Property Residential-Ex-wind-Condo Association: 10.1%