What associations are citizens property and insurance made up of?
What associations are citizens property and insurance made up of?
Citizens was formed from a combination of the Florida Residential Property and Casualty Joint Underwriting Association and the Florida Windstorm Underwriting Association. Jan 11, 2021
Is Citizens insurance backed by the state of Florida?
From a financial stability perspective, Citizens benefits from its status as a government-backed nonprofit entity and its ability to impose emergency assessments on all insurance policyholders in Florida. Jan 4, 2022
How do insurance companies determine the age of a roof?
Roof age is one of four essential factors used to calculate an age-based depreciated value of a roof for insurance purposes. The factors are (a) the replacement cost of the roof, (b) the standard “lifetime” of the roof, (c) the age of the roof at the time of loss, and (d) the condition of the roof at the time of loss. Mar 11, 2014
