Coverage by Citizens Property Insurance Corporation

Summary

The proposal would change who can get coverage from the state‑run Citizens Property Insurance Corporation, require the agency to file annual rate increases, and allow new policies that don’t require flood insurance. It mainly targets homeowners, mobile‑home owners, and condo owners in counties where private insurers are scarce. The aim is to keep the corporation financially stable while still offering affordable coverage where the private market fails.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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