Citizens MV/RCE Ratio

[mariemerganser]

Does anyone have experience with Citizens and their rules regarding Market Value/Replacement Cost Ratio? On the application when you get the error that says that the replacement cost exceeds 150% of the market value, what do you do? Is this always ineligible?

 

[fearsback]

You need to re do the replacement cost estimator so it is not over 150% difference. Stay away from Citizens if you can they are killing me on the re-inspections. Good Luck.