If you hold a Citizens policy in Florida, you have probably received a takeout offer — a letter saying a private carrier is willing to assume your policy. Many people set these aside assuming they are advertising. They are not, and treating one as junk mail can cost you the choice entirely.
Citizens was built as Florida's insurer of last resort, and it grew to roughly 1.4 million policies during the hard market. It is now down to about 278,000 as private carriers have returned. Depopulation is the mechanism: approved carriers select blocks of Citizens policies and offer to take them over.
Citizens eligibility depends on the private market not offering comparable coverage at a reasonable price. When a takeout offer falls within a defined threshold of your current Citizens premium, accepting is not merely encouraged — declining can end your eligibility to remain with Citizens.
That is why the letter matters. The decision is yours, but not deciding is itself a decision.
Bring us the letter. We will compare the offer against the open market rather than against Citizens alone — there are frequently better options than either the takeout or staying put, and no one is obligated to accept the first private carrier that raises its hand.
Depopulation rules and thresholds are set by Florida regulation and change periodically. Conditions described as of September 2026.
General guidance only goes so far. Send us your declarations page and we will tell you what applies to you specifically.
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