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Citizen's Property Insurance premiums to drop next year
More than 600,000 homeowners will see their premiums with Citizens Property Insurance go down next year.
Citizen's presented their plan to lower rates to state regulators Wednesday.
A decision on the package is due Thursday September 4th.
Statewide, the decrease will be 5.8 %, but some will see reductions up to 10 %.
The move comes after six years of continuous rate increases for Citizens customers.