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Citizens property insurance will drop by 2015


Today the board for citizens property insurance voted to drop its rates next year.
They want to lower rates by an average of 3.2% for single family homeowners in 2015.

The state-created insurer says that nearly 70% of those with homeowner policies should see some sort of decrease.

However, some customers, including those who live near the coast, will still pay more in the coming year.
The rate decrease still must be approved by state regulators.