The bill amends section 627.7011 of the Florida Statutes to clarify provisions related to homeowners insurance policies, specifically concerning roof coverage. It introduces new language that allows insurers to include roof covering reimbursement schedules in personal lines residential property insurance policies. These schedules must provide reimbursement based on the age of the roof, with specific percentages for different roof types, and must include a clear warning to policyholders about potential costs associated with roof repairs or replacements. Additionally, the bill prohibits the application of these reimbursement schedules in cases of total loss to a primary structure caused by a covered peril.

Furthermore, the bill specifies that insurers can offer roof reimbursement based on replacement costs, even if they provide a roof covering reimbursement schedule. It also allows insurers to limit coverage for roofs to a stated value sublimit, with the same prohibition against applying this sublimit in cases of total loss due to a covered peril. The effective date for these changes is set for July 1, 2025.