Second-term Republican Governor Ron DeSantis said 52% of Broward County homeowners with Citizens policies will receive an average premium reduction of 4.5%.
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Rollbacks of property and car insurance rates that could bring relief to the state’s beleaguered insurance market were announced on Wednesday in Florida.
The state’s property insurer of last resort, Citizens, announced that 73% of Miami-Dade homeowners will receive a premium decrease in 2025, with an average policy decrease of 6.3%. Second-term Republican Ron DeSantis, sharing the news in Miami, said 52% of Broward County homeowners with Citizens policies will receive an average premium reduction of 4.5%.
