Florida residents react to potential insurance rate hike

The Citizens Property Insurance Corporation’s Board of Governors voted to approve a new rate package for 2025, meaning customers could see up to a 14% increase. „You know, we don’t feel like we have much of a choice at this point, so we are just dealing with it as best as we can,” said Frances Druding, a resident in Pinellas County. That’s how Frances and Jason Druding feel when it comes to home insurance options.