So last month they were able to announce the first ever reduction for citizens property insurance in recent memory. I don't think anyone can remember a reduction. So You now have on average 8% statewide, it's 15% in southern Florida, in Miami Dade and Broward, somewhere in that range. And that is going to impact hundreds of thousands of policyholders. You also have. We're going to have more news on some of the other companies that are going to file for reductions, I think coming up pretty soon. (28:58–29:09)
CLAIM
Asserts that property insurance rates have decreased by an average of 8% statewide and 15% in southern Florida.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
