Property Insurance: Five companies may take over Citizens policies – South Florida Sun-Sentinel.com

The push by Florida’s largest property insurer to transfer a record number of policies to private firms is sparking calls to offer homeowners more details that will help them make the critical decision about whether to switch.

Customers of Citizens Property Insurance Corp. have to discover for themselves facts such as whether their premiums would increase under a private insurer, a company’s responsiveness to policyholders and its track record on corrective actions from regulators.

“For the consumer, there really isn’t enough information,” said Robin Smith Westcott, the state’s consumer insurance advocate.

via Property Insurance: Five companies may take over Citizens policies – South Florida Sun-Sentinel.com.

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