FL S1476

Requires residential property insurers to provide a minimum 5% premium reduction to policyholders who go 3 years without filing a non-storm-related claim, with an additional 5% discount for each consecutive claim-free year thereafter

Mandates premium reductions for homeowners who complete mitigation improvements such as roof reinforcement, opening protection, flood barriers, and tie-downs to reduce windstorm or hurricane damage risk

Prohibits insurers from using storm-related claims (hurricanes, tropical storms, tornadoes, or National Weather Service-declared weather events) to deny or disqualify policyholders from receiving claim-free premium discounts

Directs the Office of Insurance Regulation to adopt rules establishing eligible mitigation upgrades and maintain a public database of approved contractors and products

Requires insurers to submit annual reports by March 1 detailing the number of policies receiving discounts, total premium savings, and geographic distribution by county, with the Office publishing compiled data on its website