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Florida Homeowner Insurance News

A home’s real value

Re the Feb. 7 story Citizens boosted home values to raise premiums, suit says: This practice is rampant throughout the insurance industry in Florida. It has been going on for years. As usual, insurance commissioners have done nothing to stop this nonsense. The concept is completely flawed. The policy value should reflect the rebuild cost of the home, not the market value. Market value includes ...

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Gathering storm over insurance bill

OUR OPINION: Don’t let unregulated insurers into Florida

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Florida homeowners file suit against Citizens Insurance

Several Florida homeowners are fighting back against their property insurance company.

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Lawsuit: Citizens Property Insurance charges too much

TALLAHASSEE -- Citizens Property Insurance, the state-run insurer that covers nearly 1.5 million Florida homes, uses a home-valuation method that results in policy holders paying up to twice as much as they should in premiums, according to a lawsuit filed Tuesday.

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Homeowner group suing insurer over computer valuation system

A group of homeowners announced Tuesday it's suing Citizens Property Insurance Corp., accusing the state's largest home insurer of running a software system that overvalues the cost of home replacement and drives up insurance premiums.

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