Tampa, Florida (AP) -- For the first time in four years some Citizens insurance customers will see their rates reduced. The board for Citizens Property Insurance voted Wednesday to lower rates by an average of 3.2 percent for single family homeowners in 2015. The state-created insurer says that nearly 70 percent of those with homeowner policies should see some sort of decrease. Citizens, which has more than 928,000 policyholders, has raised its rates for four straight years. The decision to lower rates, which still must be approved by state regulators, is coming during an election year. But company officials maintain several factors have diminished the need for rate hikes next year. The state has not been hit with a hurricane since 2005. Some customers, including those who live near the coast, will still pay more in the coming year.

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