H0625 — Property Insurance Coverage

H0625, a bill that would have restricted rate increases for certain Citizens Property Insurance Corporation wind-only policies and required authorized inspectors to use a specified inspection form for residential and commercial structure roofs, died in the Commerce Committee on 2024-03-08.

The bill proposed that rates charged for commercial lines residential condominium wind-only policies by Citizens Property Insurance Corporation would not be subject to specified rate increases. The bill also would have required authorized inspectors to use a specified inspection form when conducting inspections of residential structure and commercial structure roofs.

Citizens Property Insurance Corporation and authorized inspectors conducting roof inspections for residential structures and commercial structures in residential condominium wind-only policies.

The bill died in the Commerce Committee as of 2024-03-08 and did not become law.