Bill > H0767

This bill aims to enhance transparency and consumer protections in residential property insurance. It mandates the Office of Insurance Regulation (OIR) to create and maintain a comprehensive online resource center with plain-language explanations of insurance market dynamics, company financial information, available insurance options, and details on mitigation credits and programs like the My Safe Florida Home Program. This information will not be considered a trade secret and will be publicly accessible. Insurers will be required to notify policyholders of this resource center with every offer of coverage and policy renewal. Additionally, insurers will be prohibited from including the value of land when determining coverage amounts or adjusting claims for homes, unless the property is on the shoreline or surrounded by water. The bill also requires that notices about premium discounts for hurricane loss mitigation include information on whether the insurer offers enhanced discounts for roof systems with secondary water resistance. Finally, it updates a cross-reference within the Homeowner Claims Bill of Rights to reflect changes in other sections of the law.

Budget and Finance, Business and Industry

Commerce Committee (House)

https://www.flsenate.gov/Session/Bill/2026/767