Sunday, December 10, 2006

Homested Properties & Citizens Insurance In FL

Oh Boy, you'd better homestead your property In FL or be kicked out of Citizens Insurance Co!! Pensacola News Journals Reported Dec 10th:

"Starting with new policies and renewal notices that go out after March 1, investors with rentals and other non-homestead property as well as snowbirds with vacation homes will be kicked out of Citizens and forced to try again to buy insurance on the private market"

WOW, that means trouble for many, many people here in Gulf Breeze, Pensacola Beach and Navarre. Come January we are usually flooded with snowbirds who come to the Panahandle year after year to enjoy the winter and spring on the beach. Many rent for a several months and many own property. Well those owners, wether local or out of state will have to find alternative insurance coverage. Check out Citizen's Property Insurance Corp. Get ready for frustration oh yea good citizens!

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