Property Insurance
Clearinghouse

Join the Clearinghouse


Participating Insurance Companies
Any Florida Office of Insurance Regulation (OIR)-approved property insurance company may participate in the Property Insurance Clearinghouse. The clearinghouse currently includes 14 participating companies. Additional companies will be added over time, based on several criteria, including readiness, technological infrastructure and resource availability.

All participating companies currently are offering only their voluntary products through the clearinghouse.


Coming in 2016*
* Pending confirmation
** Also participating in the Property Insurance Clearinghouse renewals program. Additional companies will be added over time.
How to Join
If you would like to learn more about company participation in the Property Insurance Clearinghouse, please review the Participation Agreement below. Additional information is available by emailing Clearinghouse_Program@citizensfla.com.


Building Agent/Company Partnerships
Agent/company partnerships are vital to the clearinghouse's success. To maximize the benefits of participating in the clearinghouse, participating companies should extend either full appointments or limited servicing agreements (LSAs) to Citizens-appointed agents who they have not already appointed to write business.

LSAs will allow agents who cannot accept full appointments, such as those who are members of exclusive agent groups, to pursue and service offers of coverage made through the clearinghouse. Companies should negotiate LSAs directly with exclusive agency groups, then contact agents directly to execute the agreements. These agreements are the responsibility of the insurer and the individual agents.


Commission Rates
As established in Section 627.3518(4)(f) of the clearinghouse statute, agent commissions in the clearinghouse are calculated using commission rates. Companies participating in the clearinghouse must pay agents the greater of Citizens' commission rate or the company's usual and customary commission rate for the line of business being written.

Examples:
  • If Citizens' effective commission rate for a line of business is 9.6 percent and the insurer's usual and customary commission rate for the same line is 7 percent, the insurer must pay the producing agent 9.6 percent.
  • If Citizens' effective commission rate for a line of business is 8.1 percent and the insurer's usual and customary commission rate for the same line is 10 percent, the insurer must pay the producing agent 10 percent.

Agent Commission Schedule