Florida policyholders have been promised lower insurance rates for years by legislators and lawmakers. As recently as 2019, a new law went into effect that aimed to reform the market and make coverage affordable. Known as the “AOB Law,” it was the most heavily lobbied bill during the session. It was primarily supported because carriers […]
Will HB305 And SB76 Lower Insurance Rates? Read More »
Florida state legislators are marketing SB76 as the solution to Floria’s insurance problems. Jim Boyd is among them and claims lawyers are incentivized to sue insurance companies in property damage cases. Carriers will be forced to pay excessive fees if they lose the case. If this lawsuit abuse can be controlled, rates will stabilize. However,
Is Jim Boyd Helping Or Hurting The FL Insurance Crisis? Read More »
The roof reimbursement schedule proposed under SB76, HB 305, will leave Florida policyholders picking up the tab for what property insurance should cover. If the current legislation passes, homeowners with roofs 10+ years or older could lose coverage, have to pay out of pocket for repairs, or be forced to get a brand new one.
The Roof Reimbursement Schedule Impact FL Policyholders Read More »
