Florida · personal lines residential risks that are not primary residences
For Florida · personal lines residential risks that are not primary residences, state is Florida; program name is Citizens Property Insurance Corporation; citation / source is Fla. Stat. § 627.351(6)(c)5.b; coverage category is personal lines residential risks that are not primary residences; eligibility / ineligibility rule is the risk is not eligible for any policy issued by the corporation unless the premium for coverage from the authorized insurer or approved surplus lines insurer is more than 20 percent greater than the premium for comparable coverage from the corporation, recorded from its source on 2026-08-19.
- State
- Florida verified
- Program name
- Citizens Property Insurance Corporation our reading
- Citation / source
- Fla. Stat. § 627.351(6)(c)5.b. our reading
- Coverage category
- personal lines residential risks that are not primary residences verified
- Eligibility / ineligibility rule
- the risk is not eligible for any policy issued by the corporation unless the premium for coverage from the authorized insurer or approved surplus lines insurer is more than 20 percent greater than the premium for comparable coverage from the corporation verified
- Effective / announcement date
- July 1, 2024 verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
with respect to personal lines residential risks that are not primary residences, if the risk is offered coverage from an authorized insurer at the insurer’s approved rate or from an approved surplus lines insurer at the rate approved by the office as part of such surplus lines insurer’s take-out plan for a new application to the corporation for coverage, the risk is not eligible for any policy issued by the corporation unless the premium for coverage from the authorized insurer or approved surplus lines insurer is more than 20 percent greater than the premium for comparable coverage from the corporation. Whenever an offer of coverage for a personal lines residential risk that is not a primary residence is received for a policyholder of the corporation at renewal from an authorized insurer at the insurer’s approved rate or an approved surplus lines insurer at the rate approved by the office as part of such insurer’s take-out plan, the risk is not eligible for coverage with the corporation unless the premium for coverage from the authorized insurer or approved surplus lines insurer is more than 20 percent greater than the corporation’s renewal premium for comparable coverage for policies that renew on or after July 1, 2024.
— flsenate.gov, retrieved 2026-08-19
Source
- flsenate.govhttps://www.flsenate.gov/Laws/Statutes/2025/627.351