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Florida Senate - 2008 SENATOR AMENDMENT

Bill No. CS for CS for SB's 2860 & 1196

121376

CHAMBER ACTION

Senate

Floor: 8/RS/2R

4/10/2008 11:08 AM

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House



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Senator Posey moved the following amendment:

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     Senate Amendment (with title amendment)

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     Between lines 2833 and 2834,

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insert:

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Section 14.  Effective January 1, 2009, section 627.714,

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Florida Statutes, is created to read:

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     627.714 Guaranteed renewability for mitigated homes.--A

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personal lines residential insurance policy shall be guaranteed

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renewable for at least 3 years if the dwelling has been built or

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retrofitted to meet the wind-borne-debris protection requirements

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of the Florida Building Code which apply to the wind-borne-debris

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region as defined in the Florida Building Code. The requirements

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of this section apply to:

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     (1) New policies issued on or after January 1, 2009, or the

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first renewal of a policy on or after January 1, 2009, but do not

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apply to subsequent renewals of such policies, except as provided

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in subsection (2).

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     (2) Policies renewed on or after October 1, 2008, for a

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dwelling retrofitted after issuance of the policy to meet such

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requirements of the Florida Building Code, in which case the

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policy shall be guaranteed renewable for 3 years beginning with

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the effective date of renewal after the retrofitting was

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completed.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     On line 194, after the second semicolon,

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insert:

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creating s. 627.714, F.S.; requiring that personal lines

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residential policies be guaranteed renewable for a

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specified period if the dwelling meets certain wind-borne-

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debris protection requirements; providing for

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applicability;

4/9/2008  3:53:00 PM     24-07082A-08

CODING: Words stricken are deletions; words underlined are additions.

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