After Idalia, will Florida policyholders see yet another surcharge or increase?
Hurricane Idalia’s impact on the insurance industry remains to be seen, but Citizens policyholders may have dodged a surcharge — for now.
“We have to check and see because where Idalia has hit, thankfully, is not as populated, so we need to see how many Citizens policies were actually written in that area,” said insurance expert Dulce Suarez-Resnick. “As you know, the main territory for Citizens and policies written is in southeast Florida.”