Joe Complete
Beach Lover
I have Citizens too. No word from them about a refund.![]()
There was an article in the Tallahassee Democrat yesterday regarding refunds through Citizens:
http://www.tallahassee.com/apps/pbcs.dll/article?AID=2007702140323
"Following the order of the Legislature, Citizens has filed for a 10.7 percent rate cut for its multi-peril customers, and 19.4 percent for its coastal wind-only policyholders. The rollbacks offset hikes that went into effect Jan. 1.
As of Feb. 9, new business and renewals for wind-only coverage were charged the lower rate, and those who have already paid the higher rate will begin to receive refund checks this week.
New multi-peril customers will begin to see the lower rates starting Thursday, and refunds to those billed the higher premium will be mailed March 15, according to a timeline given to regulators.
A second round of cuts will begin in March after the Office of Insurance Regulation calculates savings required of insurers in exchange for expansion of the state's hurricane catastrophe fund. "