- 2022 Florida Insurance Guaranty Association Assessment - Public

Carousel News

Get Social
Join us on Facebook and Twitter

Citizens’ Assessments
Learn how this impacts all Floridians

Person on stage standing in front of audience

Invite a Citizens Expert
Ask a speaker to attend an event

Policyholder Newsletter
Be in the know with the latest issue.

Web Content Display (Global)

Commercial Lines Bulletin

Asset Publisher

null

2022 Florida Insurance Guaranty Association Assessment

11.01.21

Citizens will begin collecting the 2022 Florida Insurance Guaranty Association (FIGA) assessment, as ordered by the Office of Insurance Regulation (OIR), for new and renewal policies effective January 1, 2022, through December 31, 2022.

FIGA was created by legislation to handle the claims of insolvent property and casualty insurance companies. Statutory limits apply.

The assessment factor is .007 (or 0.7%) and will have a minimum charge of $1.

PolicyCenter®

The 2022 FIGA Regular Assessment will display in PolicyCenter in the Mandatory Additional Surcharges section.

Declarations Page

The 2022 Florida Insurance Guaranty Association (FIGA) Regular Assessment will display on the Declarations page in the Required Additional Charges section.

Rating worksheets and Rates and Rating Rules manuals will be updated on the Agents site. Select Commercial and the appropriate policy form. Select Rating Worksheets or Manuals from the center menu.

For more information regarding FIGA, visit www.figafacts.com.

Legal Disclaimer

Citizens provides agent communications online for historical purposes only, and the communications have not been updated to include any changes that may have been made after publication. Agents can find the latest information by reviewing the applicable underwriting manuals, and by logging in and accessing our FAQs, which are available from the top of any page on our website.