The bill, HB 13 2025, amends various sections of the Florida Statutes to enhance the operational framework and financial stability of the Citizens Property Insurance Corporation, particularly regarding windstorm coverage. It mandates that the Corporation must offer windstorm coverage to homeowners for all residential structures and extends this coverage to commercial lines residential structures. The bill introduces new eligibility criteria, stating that personal lines residential risks will not be eligible for coverage if they can obtain it from an authorized insurer at an approved rate, with specific exceptions for hurricane or windstorm risks. Additionally, it establishes requirements for insurers to provide discounts for properties that implement windstorm damage mitigation techniques and outlines the responsibilities of insurers in maintaining sufficient capital and surplus.

Furthermore, the bill removes outdated provisions and clarifies various operational procedures, including the establishment of a board of governors for the Joint Underwriting Association and the introduction of a uniform mitigation verification inspection form for policyholders. It emphasizes the importance of maintaining access to coverage for consumers unable to obtain insurance through the voluntary market and streamlines the process for obtaining windstorm insurance. The bill also modifies notice requirements for nonrenewal and cancellation of policies, ensuring that policyholders are adequately informed. Overall, HB 13 2025 aims to improve the accessibility, clarity, and financial integrity of property insurance in Florida while ensuring consumer protection.

Statutes affected:
H 13 Filed: 624.805, 627.062, 627.4025, 627.7018, 627.713, 631.54, 718.111, 719.104, 720.303, 395.1061, 464.0123, 624.424, 625.317, 627.0655, 627.3512, 627.3515, 627.3517, 627.4133, 627.945, 628.6017