Customers must respond by the Oct. 10 deadline, or their policies will automatically default to the private insurance company, likely at a much higher premium. “The other company that would have taken me in is Slide Insurance Company, and they wanted like $6,700.”[EXCLUSIVE: Become a News 6 Insider (it’s FREE) | PINIT! “The goal of the government’s insurance company, Citizens Insurance Company, is to put themselves out of business,” said Miller. “I know that’s counterintuitive, but the government’s insurance company is in business because it’s supposed to be a place where people go when they cannot find private insurance coverage. Citizens is reaching out to agents and Citizens policyholders who received an offer but have yet to respond.

Source: The Nation September 21, 2023 03:33 UTC