Value of Citizens Property Insurance Corp policies in Florida 2009-2021
The insured value of Citizens Property Insurance Corp policies reached a peak in 2011, before falling in subsequent years. In 2021, the insured value of Citizens' policies amounted to 230.5 billion U.S. dollars, down from 493.8 billion U.S. dollars 10 years earlier. Citizens Property Insurance Corporation is a not-for-profit, tax-exempt, government entity, which was set up by the Florida state government in 2002. It offers windstorm coverage and general property insurance to homeowners who cannot get approval elsewhere.
