FL S0518

Creates section 627.747 to allow private passenger motor vehicle policies to exclude named individuals from personal injury protection, property damage liability, bodily injury liability, uninsured motorist coverage, and other non-required coverages, provided the individual is named on the declarations page and the named insured consents in writing.

Prohibits named driver exclusions when the individual is injured while not operating a motor vehicle, when the exclusion is unfairly discriminatory under Florida Insurance Code, or when inconsistent with the insurer's filed underwriting rules.

Amends section 324.151 to require owner's liability policies to insure any operator with express or implied permission, except for individuals excluded under the new named driver exclusion provision.

Amends section 627.736 to clarify that personal injury protection must cover relatives residing in the same household unless excluded under the named driver exclusion statute.

Amends section 627.7407 to add notice requirement that policyholders be informed personal injury protection covers their household relatives unless excluded under the named driver exclusion provision; effective July 1, 2018.