Tuesday, August 22, 2017

Citizens Change in Homeowners Policy - Private Companies to Follow

Citizens Insurance to place a 10K cap on your home's interior water damage derived from leaks.  Other private insurance companies to follow.  10K is ok if you have a very small home!

The coverage cap affects losses from accidental discharges or overflows of water from plumbing, heating, air conditioning, fire suppression sprinklers or household appliances.

Citizens, the state-run insurer of last resort, this week secured approval from insurance regulators to impose two choices upon new and renewing policyholders effective Feb. 1.

click here to Ready the full story

JoAnn Young, Realtor
Young & Young Properties
321-243-4917