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FL H0507
Bill
Status
4/28/2015
Primary Sponsor
Insurance and Banking Subcommittee
Click for details
AI Summary
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Financial Services Commission develops a uniform mitigation verification inspection form for use by all insurers when evaluating windstorm discount applications
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Authorized inspectors who may sign valid forms include home inspectors (with 3+ hours of hurricane mitigation training), building code inspectors, general/building/residential contractors, professional engineers, professional architects, and any other qualified individuals recognized by the insurer
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Insurers issuing policies to new policyholders may only accept the most recently adopted commission form or previously adopted forms completed within 5 years of the new policy effective date
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Effective date is July 1, 2015
Legislative Description
Windstorm Premium Discounts
Last Action
Died in Regulatory Affairs Committee
4/28/2015