Saturday, October 31, 2009

Citizens Property rates headed up, or maybe down, depending on where you live

Homeowners in much of St. Petersburg and Hillsborough County can expect refreshingly deep cuts in their Citizens Property Insurance premiums. It's another story for their fellow Citizens policyholders in inland Pasco County. They can brace for a 10.4 percent rate hike. Statewide, Citizens' homeowners insurance rates are slated to rise 5.4 percent on average effective Jan. 1 under an order approved this week by Florida Insurance Commissioner Kevin McCarty.

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