Upon renewal of all Citizens Property Insurance policies, there will no longer be coverage offered for certain carports, screened enclosures, patios and awnings. Additionally, slat houses, chickees, tiki huts, gazebos, cabanas, canopies, pergolas or similiar structures constructed and exposed to the weather will also not be covered.
If you decide to renew your policy with Citizens (which you will receive the renewal notice with the above exceptions approximatley 60 days before the renewal date), you should take into consideration the parts of your property that will no longer be protective by your homeowners policy.
For example, Coverage A, dwelling and Coverage B, other structures, may or may not currently include items such as stated above. You might want to adjust those limits on your policy accordingly to reflect a lower amount.
The good news is, is that here, at All Risk Insurance Group, we have other options available to you to not only insure your home completely, but offer you coverage on the items that are no longer being offered through your Citizens policy. There are many other carriers in the state that offer coverage for additional attached and detached structures such as pool enclosures and carports.
In addition to the new changes regarding structures that are not being covered, a second change regarding sinkholes has also been affected. If you have sinkhole coverage as an option on your policy, you will notice that there is a increase in your premium due to sinkhole losses. You might choose to either eliminate this coverage to reduce your cost or perhaps increase your sinkhole deductible to allieviate the burden of the higher premium.
Whatever you decide to do regarding your new or renewal policy, do not wait until the last minute to make these important decisions. Securing the proper home insurance coverage is not something that should be taken lightly and you should have full knowledge of what you are covered for and what you are not. Don't wait until it's too late. Call us today at All Risk Insurance Group and have your current policy reviewed by one of our policy expers.
If you decide to renew your policy with Citizens (which you will receive the renewal notice with the above exceptions approximatley 60 days before the renewal date), you should take into consideration the parts of your property that will no longer be protective by your homeowners policy.
For example, Coverage A, dwelling and Coverage B, other structures, may or may not currently include items such as stated above. You might want to adjust those limits on your policy accordingly to reflect a lower amount.
The good news is, is that here, at All Risk Insurance Group, we have other options available to you to not only insure your home completely, but offer you coverage on the items that are no longer being offered through your Citizens policy. There are many other carriers in the state that offer coverage for additional attached and detached structures such as pool enclosures and carports.
In addition to the new changes regarding structures that are not being covered, a second change regarding sinkholes has also been affected. If you have sinkhole coverage as an option on your policy, you will notice that there is a increase in your premium due to sinkhole losses. You might choose to either eliminate this coverage to reduce your cost or perhaps increase your sinkhole deductible to allieviate the burden of the higher premium.
Whatever you decide to do regarding your new or renewal policy, do not wait until the last minute to make these important decisions. Securing the proper home insurance coverage is not something that should be taken lightly and you should have full knowledge of what you are covered for and what you are not. Don't wait until it's too late. Call us today at All Risk Insurance Group and have your current policy reviewed by one of our policy expers.
