Florida H0427 amends public adjuster contracts to allow cancellation without penalty under certain conditions.

Florida H0427 amends the law to allow insureds or claimants to cancel public adjuster contracts without penalty or obligation under specific conditions. If a contract is entered into based on events declared as a state of emergency by the Governor, the cancellation period extends to 30 days after the date of loss or 10 days after contract execution, whichever is longer. Additionally, insureds can cancel without penalty if the public adjuster fails to provide a written estimate within 60 days of contract execution, unless the delay is due to factors beyond the adjuster's control.

Florida H0427 amends public adjuster contracts to allow cancellation without penalty under certain conditions.

Florida H0427 amends the law to allow insureds or claimants to cancel public adjuster contracts without penalty or obligation under specific conditions. If a contract is entered into based on events declared as a state of emergency by the Governor, the cancellation period extends to 30 days after the date of loss or 10 days after contract execution, whichever is longer. Additionally, insureds can cancel without penalty if the public adjuster fails to provide a written estimate within 60 days of contract execution, unless the delay is due to factors beyond the adjuster's control.