Florida’s Citizens: Use Managed Repair Contractor Network Program Or Face Coverage Cap

Thursday, August 17th, 2017 Legislation & Regulation Property

A water pipe breaks inside a wall of your house while you are at work, and you return home hours later and find water everywhere -- warping your cabinetry, soaking your drywall, and destroying a large section of your wood floor. If you’re a customer of Citizens Property Insurance Corp., you will soon face two choices: Find your own repair contractor and figure out a way to stretch a reimbursement payment capped at $10,000. Or get the cap waived if you agree to use Citizens’ new Managed Repair Contractor Network Program.

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http://www.sun-sentinel.com/business/fl-bz-citizens-water-cap-and-duties-change-approved-20170816-story.html

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