Citizens Insurance could raise policy limits as homeowners struggle to find coverage | The Capitolist

• The state-backed Citizens Property Insurance Corp. could raise policy coverage limits above the $700,000 threshold currently in place
• The move comes amid a scramble by homeowners to find insurance coverage and many companies have exited the Florida market
• With home prices still rising, many homeowners have nowhere else to turn except the state-backed Citizens, but current coverage limits exclude homes valued over $700,000

Citizens Insurance could raise policy limits as homeowners struggle to find coverage | The Capitolist