FL Governor Rick Scott |  Low Income Pool |  Property Insurance |  Citizens Property Insurance |  Fraud |  Military Affairs |  Sinkholes |  FL Office of Insurance Regulation
Insurance >
New policy talks continue between Citizens, insurance regulators

The deadline for Citizens Property Insurance Corp. to respond to state regulators over a new homeowners policy came and went Monday, but little was resolved in the dispute over the rates for the new policy.

Known as HO-8, the new policy option is a stripped-down version of the standard homeowners’ policy, and doesn’t cover water leaks or falling objects. Typical HO-8 policies in the private market pay only actual cash value for the structure of the home, but the new Citizens HO-8 policy would have the option of replacement cost value for claims.

This brief has been archived. The entire brief is available exclusively to LobbyTools subscribers.

Already a subscriber? Login, or call 850-915-0100 ext. 1 for customer support.

Try out LobbyTools FREE!
Related Current