CITIZENSALTERNATIVES
CITIZENS IS THE INSURER OF LAST RESORT — NOT THE BEST OPTION. PRIVATE MARKETS MAY OFFER MORE.
EVERY CITIZENS POLICYHOLDER SHARES THE STATEWIDE DEFICIT.
If a major hurricane season produces losses that exceed Citizens' reserves, Citizens can levy assessments against every policyholder statewide — not just those in the affected area. This assessment is on top of the association's own premium, deductible, and any loss assessment against unit owners. Private market carriers do not carry this statewide assessment risk. Kelly Insurance Group evaluates Citizens alongside every available private option — wind carriers, surplus lines, and specialty admitted markets — so the board sees the full comparison before choosing.
CITIZENS ALTERNATIVES — ANSWERED.
WHY CONSIDER ALTERNATIVES TO CITIZENS?
Citizens is last resort, not best option. Carries statewide assessment risk after deficit hurricane seasons. Private markets may offer broader coverage, higher limits, and no assessment exposure.
WHAT PRIVATE MARKET OPTIONS EXIST?
Surplus lines writing FL wind, specialty admitted carriers, take-out companies, and combined property-wind specialty programs. Availability varies by location, age, construction, and mitigation.
WHAT IS A CITIZENS TAKE-OUT OFFER?
Private carriers periodically offer to assume Citizens policies. Association receives an offer with potentially different terms. Can accept or stay with Citizens. Evaluate on coverage, pricing, and carrier strength.
DOES CITIZENS HAVE ASSESSMENT RISK?
Yes. Deficit after hurricane claims triggers statewide assessments on all Citizens policyholders. On top of your own premium and deductible. Private policies don't carry this risk.
ARE PRIVATE PREMIUMS LOWER THAN CITIZENS?
Not always. Compare total cost of risk — premium + deductible + assessment risk. Also evaluate coverage breadth, carrier strength, and claims handling. Not just premium alone.
HOW DOES THE ASSOCIATION EVALUATE OPTIONS?
Compare total cost, coverage terms side by side, carrier ratings, claims reputation. We present Citizens alongside all private options for an informed board comparison.
SEE EVERY OPTION BEFORE YOU DEFAULT TO CITIZENS.
Kelly Insurance Group presents Citizens alongside all available private markets so the board makes an informed choice. Since 1881.
The availability of coverage and eligibility for coverage can depend on numerous factors. We cannot guarantee that all customers, individuals, and businesses looking for coverage will be successful in these efforts when contacting our team. All policy coverages and terms need to be fully reviewed by the respective consumer to ensure the coverage asked for is what is specifically being quoted or provided by any insurance policy. Insurance Policies, Coverage Changes, and their terms and conditions are not bound or altered until written confirmation is provided by one of our licensed team members or underwriters. This page does not offer legal advice, legal opinions, or policy interpretations. Rather, this page is meant as a resource to help provide customers and insurance consumers with additional considerations that may help in their insurance buying or pursuit of insurance information. Kelly Insurance Group does not employ or direct attorneys.
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Disclaimer: Coverage availability and eligibility may depend on underwriting review, carrier guidelines, policy terms, state requirements, business operations, risk characteristics, and other information provided during the application or quoting process. Kelly Insurance Group cannot guarantee that every individual, customer, organization, or business seeking coverage will qualify for, receive, or successfully place insurance coverage. All policy coverages, exclusions, conditions, limits, endorsements, and terms should be carefully reviewed by the consumer, insured, or applicant to confirm that the coverage requested is the coverage being quoted, offered, or provided. Insurance coverage, policy changes, endorsements, cancellations, and other policy terms are not bound, changed, confirmed, or altered unless and until written confirmation is provided by a licensed Kelly Insurance Group team member, the applicable insurance carrier, or an authorized underwriter. This page is provided for general informational purposes only and does not provide legal advice, legal opinions, insurance coverage opinions, or policy interpretations.