If you own a home in Florida insured with Citizens Property Insurance Company, pay attention. The Florida Office of Insurance Regulation approved Citizens shedding thousands of policies. Florida’s plan now allows insurers to take over policies with a 20% premium increase. For Citizens policyholders, this means changing insurers, possibly with higher premiums. Talk to your insurance agent and explore multiple agencies for the best coverage and premiums. Act in advance, as responses may require changes, like needing a roof replacement before finding a new company.