HB305, SB76, and the related companion bills will not fix Florida’s alleged insurance crisis. These bills are in the current legislative session and could go into effect this year. Lawmakers need to hear from policyholders NOW on the negative impacts of SB76, HB 305, and related legislation. Fill out this form to connect with Florida lawmakers make sure your rights are protected. You’ll be able to send a tailored message in less than 60 seconds to your elected officials.
Florida policyholders should not have to pay MORE for LESS coverage.
The proposed legislation will have no immediate impact on premiums nor will it stop lawsuits against carriers. Instead, these bills give unrestrained power to big insurance companies and will allow them to reduce coverage, underpay claims and avoid any consequences for doing so. If these bills pass, Florida policyholders will be forced to pay out-of-pocket for covered damage and have little protection from bad faith practices.
Insurance carriers will be allowed to force appraisal to avoid litigation
Policyholders will be forced to pay out of pocket for appraisal costs - $2,000 -$6,000
Proposed claim time limits and litigation windows place an overwhelming burden on the policyholder
The proposed attorney fee payment schedule incentives carriers to underpay claims
The proposed 2-year claim time limit will allow insurers to deny valid claims
The new amendments that were recently proposed for HB305 will also stop roofing companies AND public adjusters from simply doing their job: To identify damage and let a residential property owner know about a potential claim. In essence, this ‘gag’ order on subject matter experts is another act of desperation by the carriers, in an effort to stack-the-deck against policyholders.
Policyholders will have little recourse to hold insurance companies accountable