In response to surging demand, Florida’s state-backed property insurer, Citizens Property Insurance Corporation, is preparing to transfer hundreds of thousands…
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Property insurance is a type of insurance that provides coverage for physical property against various risks and perils. It is designed to protect property owners from financial losses due to damage, destruction, or loss of their property. Property insurance policies typically cover buildings, structures, and their contents, such as personal belongings, furniture, equipment, and inventory.