Florida homeowners should be provided with more property insurance options, a state legislative commission is recommending.
The Florida Property and Casualty Insurance Reform Committee released its recommendations, which include new options such as mandating insurers to offer coverage excluding wind; those including wind only; and policies offering exclusions of personal contents.
Sam Miller, executive director of the Florida Insurance Council, praised the report's "thoughtful, comprehensive recommendations that will reduce costs and benefit consumers over time."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
