Florida Insurance Claims: Over 50% Denied, Reopen Yours Today

It was recently reported that over 50% of Citizens Property Insurance Corporation claims have been denied, and more than half of them were denied below the deductible. This also applies to other insurance companies in Florida, however all these claims from 2024 can be reopened.

Florida’s state-run insurer paid homeowners’ claims less often than any other insurer in the state last year — with over half of claimants receiving nothing, according to an analysis by a Palm Beach Gardens-based ratings agency.

Nearly 17,000 claims, or 50.4%, filed with Citizens Property Insurance, were either denied for a variety of reasons or didn’t meet the policyholder’s deductible.

That’s more often than either State Farm or Allstate, whose Florida subsidiaries had the highest rate of closing claims without payment among private insurers last year at about 46%.

Here are the Key Takeaways from the report:

• Florida’s state-run insurer, Citizens Property Insurance, had the highest rate of closing claims without payment in the state last year, with over half of claimants receiving nothing.
• In 2024 more than half of its claims went unpaid, according to an analysis by an insurance industry ratings agency.
• Citizens’ rate of closing claims without making a payment has ranged from 40.2% to 50.5% over the last five years, significantly higher than private insurers like State Farm and Allstate.
• Citizens was profitable last year, reporting a net income of $746.5 million last year, according to S&P Global.

If your property suffered damage from Hurricanes Milton or Helene, you may feel overwhelmed by the claims process and could end up with a denied claim or a low-ball settlement offer.

Claims Aid Consultants has your back, we will review your insurance policy, help with documenting your damages and completing any claim deadlines.

We’ll review your settlement offer if one has been made or re-open your claim if it’s been denied below deductible and advocate for property owners like you to obtain the compensation you’re entitled to and deserve!

Contact Claims Aid Consultants for a FREE claim review— No upfront costs, and we don’t get paid unless you get paid.  Claims Aid Gets You Paid! 

“Never trust anyone who owes you money to determine
how much money they owe you”  (i.e. Your insurance carrier)