Citizens is updating their eligibility rules to comply with Senate Bill 2-A, passed by Florida legislators during the December 2022 Special Session. This communication covers new business only. We will send information about renewal at a later date.
All personal residential new-business applications effective on or after April 1, 2023, that include wind coverage and are located in the special flood hazard area, as defined by the National Flood Insurance Program (NFIP), now are required to have flood insurance.
Additionally, all customers impacted by this new rule will be required to sign a Policyholder Affirmation Regarding Flood Insurance (CIT FW01).
Coverage Requirements
Under the new rule, a new-business applicant located in a special flood hazard area is required to secure flood coverage from the NFIP or a private insurance carrier at the following limits:
- Dwellings: Equal to or greater than Citizens’ separate Coverage A and Coverage C limits
- Condominium or unit-owners: Equal to or greater than Citizens’ separate Coverage A and Coverage C limits
- Tenant contents: Equal to or greater than Citizens’ Coverage C limit
- Cooperative unit-owners: Equal to or greater than Citizens’ Coverage C limit
If the above limits are not available from the NFIP, Citizens will accept the maximum coverage amount for which the insured is eligible. Maximum NFIP limits:
- Regular Program: $250,000 Coverage A, $100,000 Coverage C
- Emergency Program: $35,000 Coverage A, $10,000 Coverage C
