Consider these items when comparing Edison Insurance’s coverage to Citizens.
with a $100 special deductible
Edison Insurance offers additional endorsements to customize your policy to suit your needs:
- Flood Coverage Endorsement
- Water Back-Up
- Animal Liability
- Identity Theft
- Unusual or Excessive Liability Exposure Coverage
- Earthquake Coverage
- Permitted Incidental Occupancy
- And much more.
Designed to be the “insurer of last resort”, Citizens only offers coverage to policyholders who cannot otherwise secure coverage with an admitted, private-market carrier. Citizens Property Insurance routinely will partner with private-market carriers to assist policyholders in finding alternate coverage whenever possible. It is very common for authorized private-market insurance companies to request and participate in Takeouts/Assumptions, in an effort to reduce the amount of Citizens policies.
Private-market carriers, such as Edison Insurance Company, are all provided with the same information and data when selecting policies from Citizens for Takeout/Assumption. It is possible for a policyholder to receive multiple offers from different carriers. This provides you an opportunity to speak with your agent about which company is best for you. Only one carrier may assume the policy.
Edison Insurance Company has helped Floridians recover from major hurricanes which have impacted our state. We have done this by maintaining a robust surplus and procuring several layers of reinsurance to support forecasted claims, even in years where multiple events may occur.
Edison Insurance has been serving and protecting Florida families over the past 15 years. In addition to repairing homes from common occurrences like pipe breaks and theft; we have helped thousands of families recover from 5 major hurricanes which have impacted our state since 2005. We specialize in Florida home insurance and understand the risks Floridians face. Our team of dedicated professionals and comprehensive coverage options along with our Florida specific experience make Edison Insurance the right choice for your family and home.