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  2. Owner-controlled insurance program - Wikipedia

    en.wikipedia.org/wiki/Owner-controlled_insurance...

    [1] [3] Depending on the project, there may be endorsements providing additional coverage such as Contractors Pollution Liability (CPL), Builders Risk Insurance, terrorism insurance and umbrella insurance. OCIPs are also frequently referred to as "wrap-up insurance" or "wrap policies" in the insurance industry.

  3. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    The Florida Insurance Guaranty Association board met on March 31 and filed for an emergency assessment of 1% on all Florida property insurance policies. [32] That is in addition to a 0.7% for 2022, a 1.3% assessment from July 1 2022 to June 30 2023, and another 0.7% ending December 31 2023. [32]

  4. Citizens drops insurance policies as cost of Florida home ...

    www.aol.com/news/citizens-insurance-drops...

    As inflation drives up construction costs and property values, Citizens Property Insurance Corp. has started canceling the policies of some homeowners across Florida because the estimated price of ...

  5. Builder's risk insurance - Wikipedia

    en.wikipedia.org/wiki/Builder's_risk_insurance

    Coverage can be purchased by the property owner or general contractor. [6] Builder's risk coverage may be necessary to show proof of insurance to comply with local city, county, and state building codes and is often required as a condition to many contracts.

  6. 'Pay it, or roll the dice': Florida residents bunk in their ...

    www.aol.com/finance/pay-roll-dice-florida...

    Homeowners in Florida pay $4,419 a year, on average, for insurance on a $300,000 dwelling, according to Insurance.com — which is painfully high when compared to the national average of $2,601.

  7. What is umbrella insurance and how much does umbrella ...

    www.aol.com/finance/umbrella-insurance-much-does...

    If you have to file a liability claim and the loss exceeds the limit of, say, your home insurance policy, your umbrella policy could kick in to provide additional coverage for your legal costs. It ...

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