Story perspectives
Citizens Insurance Proposes First Rate Cut in Decade
12/19/2025
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Story summary
- Citizens Property Insurance Corp. proposed a 2.6% average homeowners rate decrease, the first in a decade.
- The change reflects improvements in Florida's insurance market due to legal reforms and fewer hurricanes.
- Nineteen counties, including St. Lucie, could see rate increases under the proposal.
- If approved by the Florida Office of Insurance Regulation, the changes would take effect June 1, 2026, and Citizens expects policy counts to fall.
