Recent insurance company cost increases may impact homeowners with properties in Florida and California. Although these decisions may not impact you at this time, we want to inform you of available resources to find out more. 
 
Click here for information on actions to take when homeowners insurance is cancelled or costs surge. 

Florida Homeowners
Non-Renewal of Homeowners Insurance
Certain insurance companies have announced that they will cease accepting new applications for property and casualty insurance in Florida and they will not renew existing policies in Florida. This includes homeowners (including condo master policies and HO6 policies), automobile and umbrella policies.
 
If this impacts you, your insurance carrier will let you know when coverage will end and provide options for replacement coverage. If you have questions about your policy, reach out to your insurance agent or the company directly.
 
If your policy changes, check our FAQs for how to provide your updated homeowners insurance policy information.
 
Click here for information about obtaining a new insurance policy.¹  

Citizens Property Insurance
For customers with insurance through Citizens Property Insurance, there are new flood insurance requirements for certain policy holders. If this applies to you, please contact your agent or Citizens directly. 
 
Click here for information about obtaining a new flood insurance policy.  ¹
 
State of Florida Homeowners Insurance Resources
Consumer advisory: Take action when home insurance is cancelled or costs surge | Consumer Financial Protection Bureau (consumerfinance.gov)
Purchasing Insurance (myfloridacfo.com)
Homeowners Insurance FAQS (myfloridacfo.com)
CFO Patronis: WE WILL HOLD FARMERS INSURANCE ACCOUNTABLE (myfloridacfo.com)
 
¹This link is provided for informational purposes only. You are under no obligation to use or purchase any insurance product referenced therein as a condition of your mortgage and any product offerings are made through the individual company making the offer.
 
California Homeowners
Two insurance companies have announced that they will cease accepting new applications for property and casualty insurance in California. In addition, other companies announced they will limit new homeowners policies in California.
 
If you have questions about your policy, reach out to your insurance agent or company directly.
 
State of California Insurance Resources
Consumer advisory: Take action when home insurance is cancelled or costs surge | Consumer Financial Protection Bureau (consumerfinance.gov)
Top Ten Tips for Finding Residential Ins (ca.gov)