Florida H0909 amends Citizens Property Insurance Corporation coverage, eligibility, and rate provisions.

Florida H0909 amends the eligibility criteria for residential structures seeking coverage from the Citizens Property Insurance Corporation. It sets specific deadlines for obtaining flood insurance for personal lines residential policies based on the dwelling replacement cost. The bill also mandates that the corporation implement certain rate increases annually in counties with reasonable competition. Additionally, it requires the corporation to provide service to policyholders, applicants, and agents that meets or exceeds the quality generally provided in the voluntary market.

Florida H0909 amends Citizens Property Insurance Corporation coverage, eligibility, and rate provisions.

Florida H0909 amends the eligibility criteria for residential structures seeking coverage from the Citizens Property Insurance Corporation. It sets specific deadlines for obtaining flood insurance for personal lines residential policies based on the dwelling replacement cost. The bill also mandates that the corporation implement certain rate increases annually in counties with reasonable competition. Additionally, it requires the corporation to provide service to policyholders, applicants, and agents that meets or exceeds the quality generally provided in the voluntary market.