Some Florida residents seeing lower insurance rates, but there may be a catch

WEST PALM BEACH, Fla. — A number of Citizens Insurance policyholders are beginning to see offers of lower rates with private insurers.

It's part of the state's ongoing depopulation program to reduce numbers for the state-backed insurer of last resort.

But these lower insurance rates come with a warning.

Robert Norberg of Arden Insurance in Lantana said it's also happening in Palm Beach County with some of the offers from Citizens to switch to private insurance.