HB 1473 Summary

• Defines "claim-related documents" to include repair estimates, appraisals, scopes of loss, and loss adjustment calculations that claimants may request from insurers within 15 calendar days.

• Requires insurers to disclose all policy benefits, coverage, time limits, and whether claimants can request claim-related documents when acknowledging a claim.

• Mandates insurers provide written notice of any statute of limitations or time requirement at least 60 days before expiration (or 30 days for uninsured motorist claims), unless the claimant is represented by counsel.

• Requires insurers to pay or deny claims within 90 days of receiving notice; payments made after 90 days bear interest at the rate set forth in s. 55.03.

• Extends coverage period for additional living expenses to 24 months in cases of covered losses related to a declared state of emergency.

• Effective date: July 1, 2012.