UPDATE: MONROE COUNTY RATES
We have finally received the Monroe County windstorm rates for Citizens and they will be effective 7-1-2026. This is great news for us after many years of never-ending rate increases and paying the highest rates in Florida.
Some of the highlights are as follows:
- Homeowners wind only – 5.7% decrease
- Condo Unit owners wind only – 6.3% decrease
- Mobile Home wind only – .04% decrease
- Dwelling Fire (DP2) – 5% increase
While we had great news for residential rates, the same does not hold true for commercial rates, as we do have rate increases. The new rates are as follows:
- CR-M: Commercial Residential Multi-Peril – rate increase of 11.5% -Tailored for residential-use commercial properties like apartment buildings, condominium associations, HOA common areas/residential buildings, and continuing care retirement community (CCRC) residential structures.
- CR-W: Commercial Residential Wind-Only – rate increase of 14.9% -Tailored for residential-use commercial properties like apartment buildings, condominium associations, HOA common areas/residential buildings, and continuing care retirement community (CCRC) residential structures. WIND ONLY.
- CNR-M: Commercial Non-Residential Multi-Peril – rate decrease of 5% – Examples include office buildings, retail stores, warehouses, or other business-operated structures.
- CNR-W: Commercial Non-Residential Wind-Only – rate decrease of 5% -Examples include office buildings, retail stores, warehouses, or other business-operated structures. – WIND ONLY.
On March 2, 2026 Florida’s Insurance Commissioner Michael Yaworsky issued his final order for Citizens’ 2026 rates. Citizens filed its rate recommendations on December 15, 2025.
For most lines of insurance, the OIR’s approved rates are lower than what Citizens recommended. For it’s Homeowners Multi-Peril (PLA and CA) and Wind-Only (CA) programs–the policies most common in Monroe County–Citizens proposed an overall average statewide rate reduction of 5.5% (yes! a reduction!) and a 5.1% increase for the wind-only program. Commissioner Yaworsky came back with a 8.8% reduction for the multi-peril policies and a 5.1% reduction for wind-only policies.
These numbers are statewide averages, and FIRM has requested a breakdown for Monroe County which we will share as soon as we have them.
These rates take effect July 1, 2026, and you can read the Final Order here.