- 2022 Florida Insurance Guaranty Association Assessment - Public

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Michael Lee, jueves 19 de diciembre de 2024

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Citizens will be closed Monday through Wednesday, December 23-25, and December 31 and January 1, for the holidays. To report a loss during this time, submit a claim via myPolicy 24/7 or contact our toll-free Claims Reporting Center at 866.411.2742. Citizens will resume regular business hours on Thursday, January 2.

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2022 Florida Insurance Guaranty Association Assessment

11.01.21

Citizens will begin collecting the 2022 Florida Insurance Guaranty Association (FIGA) assessment, as ordered by the Office of Insurance Regulation (OIR), for new and renewal policies effective January 1, 2022, through December 31, 2022.

FIGA was created by legislation to handle the claims of insolvent property and casualty insurance companies. Statutory limits apply.

The assessment factor is .007 (or 0.7%) and will have a minimum charge of $1.

PolicyCenter®

The 2022 FIGA Regular Assessment will display in PolicyCenter in the Mandatory Additional Surcharges section.

Declarations Page

The 2022 Florida Insurance Guaranty Association (FIGA) Regular Assessment will display on the Declarations page in the Required Additional Charges section.

Rating worksheets and Rates and Rating Rules manuals will be updated on the Agents site. Select Commercial and the appropriate policy form. Select Rating Worksheets or Manuals from the center menu.

For more information regarding FIGA, visit www.figafacts.com.

Legal Disclaimer

Citizens provides agent communications online for historical purposes only, and the communications have not been updated to include any changes that may have been made after publication. Agents can find the latest information by reviewing the applicable underwriting manuals, and by logging in and accessing our FAQs, which are available from the top of any page on our website.