FL H0401

Reduces the underwriting period for noncancelable motor vehicle insurance policies from 60 days to 30 days, during which insurers must complete underwriting before the policy becomes noncancelable.

Requires insurers to make available motor vehicle insurance coverage to applicants seeking to reinstate driving privileges revoked or suspended for failure to maintain required security or for driving under the influence.

Mandates that noncancelable policies be issued for at least 6 months with minimum coverage amounts that cannot be reduced, changed, or refunded during the policy period.

Allows insurers to cancel policies only if the named insured or household operator's driver's license is suspended or revoked during the policy term.

Takes effect July 1, 2014.