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FL H4011

Bill

Status

Passed

6/15/2015

Primary Sponsor

Insurance and Banking Subcommittee

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Removes the exclusion for policies insuring more than four automobiles from the definition of "motor vehicle insurance" in section 627.041, F.S., bringing these policies under insurance rate regulations

  • Removes the same exclusion from the definition of "policy" in section 627.728, F.S., extending cancellation and nonrenewal protections to policyholders with more than four vehicles

  • Applies to private passenger and station wagon type vehicles, as well as four-wheeled vehicles with load capacity of 1,500 pounds or less not used for business (other than farming)

  • Effective date: July 1, 2015

Legislative Description

Motor Vehicle Insurance

Last Action

Chapter No. 2015-158

6/15/2015

Committee Referrals

Banking and Insurance3/27/2015
Regulatory Affairs2/11/2015
Insurance And Banking Subcommittee1/15/2015

Full Bill Text

No bill text available