![]() “Edison was at $8,300, Florida Peninsula was $6,600, and then Citizens came in at $2,689,” she exclaimed.Ĭitizens was all she could afford. She held off and ran the quotes again in February of this year and found they had only increased. “Edison was over $6,200, Florida Peninsula was $5,000, Citizens at that time was $2,300,” Garst said as she showed ABC Action News the printout. In September, her insurance agent got some quotes from different companies. Her most recent bill with Security First went from $1,800 last year to $3,900 this year. ![]() Garst said she was dropped from her first insurance company due to an older roof. In the six years she has owned the home, she has been with three different property insurance companies. She bought a three-bedroom, two-bath home near Interstate 275 and 54th Street in St. She moved back after working for decades in Chicago to retire in her hometown. Pete…right on the water, it’s beautiful, I would love to live on the water, but I specifically chose this area because it was a nonflood zone area,” expressed retired homeowner Mary Garst. But now, some are worried about a mandatory flood insurance requirement, even if they aren’t in flood zones.Ī bill out of last year’s legislative special session aimed at helping curb the property insurance crisis requires all Citizen’s residential policies to also have flood insurance in phases starting this month to January 1, 2027.ĪBC Action News has received several messages from concerned homeowners and insurance agents, worried about the extra cost of the new requirement for residents in non-flood zones. ![]() As of last week, 1.24 million Florida homeowners have the state’s “insurer of last resort,” Citizens Property Insurance.
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