Tampa Bay Informer - Displaying items by tag: lost mitigation discounts

Florida State Seal Citizens Property Insurance Corporation announced it has decided to restructure its home re-inspection program that has cost policyholders over $137 million dollars in lost mitigation discounts.  Senator Mike Fasano was one of the most vocal critics of the re-inspection program because it routinely denied homeowners discounts they had previously been granted.   The mitigation program was originally designed to encourage homeowners to make expensive investments to harden their homes against wind damage and then receive discounts on their insurance premiums.

Published in Politics