Who is eligible for Citizens Insurance in Florida?

Citizens Property Insurance Corporation was established as a safety net for Floridians who have difficulty obtaining property insurance in the private market. The program is aimed at providing coverage to homeowners, but its eligibility criteria extend beyond mere residency status.

While many people assume that only permanent residents of Florida qualify, the reality is that Citizens can also provide insurance to certain individuals not deemed traditional residents. This includes people who may own property within the state but may not necessarily reside in Florida full-time, such as seasonal residents.

This aspect of Citizens Insurance underscores its role as a last resort insurer, aiming to cover gaps in the insurance market for certain properties stacked with risks not typically found in standard underwriting guidelines. The eligibility for Citizens is thus broad enough to accommodate a range of policyholders who meet specific criteria set by the corporation, ensuring that it provides a necessary resource for those in need of coverage, regardless of their primary residency status.