Which statement is NOT true about Citizens Insurance?

The statement that Citizens Insurance does not insure any type of commercial property is indeed accurate, reflecting its focus primarily on residential properties. Citizens, as a state-backed insurer in Florida, is specifically designed to provide coverage to homeowners, especially those deemed high-risk due to factors like location or property type.

Citizens Insurance plays a crucial role in addressing gaps in coverage that many Floridians face, particularly when private insurers are unwilling to provide policies for certain residential properties. The emphasis on residential properties helps ensure that individuals at high risk can still access necessary coverage.

Additionally, while Citizens operates statewide, its mandate and regulatory framework limit it to specific types of coverage, primarily residential home insurance. Thus, the other statements about providing coverage for high-risk individuals and operating within a particular geographical area are indeed true, underlining the uniqueness of its purpose in the Florida insurance market.