Florida insurance laws
Insurance regulations, rate filing requirements, department info, and recent bulletins for Florida. Updated Mar 31, 2026.
Department of Insurance
Florida operates under a File & Use rate filing system where insurers can implement rates and then file with the Office of Insurance Regulation. The state has undergone significant insurance reforms from 2022-2025 focused on reducing litigation abuse, strengthening property insurance markets, and protecting consumers. The OIR actively regulates all lines of insurance with enhanced oversight during catastrophic events.
Auto Insurance
Notable Laws
- Fla. Stat. § 627.736 - Personal injury protection (PIP) coverage required with $10,000 minimum
- Fla. Stat. § 627.7275 - Property damage liability coverage of $10,000 required
- Fla. Stat. § 627.727 - Optional uninsured/underinsured motorist coverage; stacking permitted with proper election
- Fla. Stat. § 627.4132 - Anti-stacking provisions prohibit stacking unless specifically elected and paid for
- Fla. Stat. § 627.311 - Florida Automobile Joint Underwriting Association (FAJUA) for assigned risk market
Homeowners Insurance
Notable Laws
- Fla. Stat. § 627.4133 - Nonrenewal requires 120 days notice; cancellation for nonpayment requires 10 days notice
- Fla. Stat. § 626.9741 - Credit scoring permitted for homeowners insurance underwriting and rating
- Fla. Stat. § 215.555 - My Safe Florida Home Program for hurricane mitigation grants
- SB 2-D (2022) - Created Reinsurance to Assist Policyholders (RAP) program with $2 billion reimbursement layer
- Fla. Stat. § 627.351 - Citizens Property Insurance Corporation as insurer of last resort
Recent Bulletins
Guidance for Tropical Storm Idalia Preparedness and Response
Directs property insurers to review disaster plans, ensure adequate claims-handling resources, and comply with Florida Insurance Code during Tropical Storm Idalia. Authorizes electronic investigation methods and outlines administrative fines for violations during state of emergency.
View bulletinImplementing Florida's Prescription Drug Reform Act
Notifies Pharmacy Benefit Managers (PBMs) of new regulatory requirements under SB 1550. PBMs must obtain certificate of authority as insurance administrators by January 1, 2024, submit financial reports, and comply with contractual protections for consumers and pharmacies.
View bulletinImplementing Section 627.4108, F.S., Claims-handling manuals; submission; attestation
Requires residential property insurers to submit attestations that they maintain claims-handling manuals meeting Florida Insurance Code standards and have adequate resources for implementation. Initial attestations due August 1, 2023; annual attestations due May 1 thereafter.
View bulletinHurricanes Ian and Nicole Claims Handling Processes and Catastrophe Reporting
Directs insurers to prioritize swift and fair resolution of Hurricane Ian and Nicole claims. Notifies of over 50 ongoing market conduct investigations and mandatory catastrophe reporting requirements. Authorizes electronic investigation methods.
View bulletinSenate Bill 2-A – Implementation of Items Relating to Prompt Payment of Claims, Electronic Methods of Claims Investigations, Claims Records and Claim Filing Deadlines
Implements SB 2-A provisions shortening claim handling timeframes (7 days to acknowledge, 30 days for inspection, 60 days to pay/deny), authorizing electronic investigation methods, establishing new record-keeping requirements, and reducing claim filing deadlines to 1 year for new claims.
View bulletinRecent Law Changes
Property Insurance Consumer Protection
Requires insurers to provide additional disclosures to consumers regarding coverage terms, strengthens consumer protections for roof coverage, and establishes new criteria for homes to qualify for Citizens Property Insurance Corporation coverage.
Homeowners receive enhanced disclosures and protections when purchasing property insurance; insurers must update forms and underwriting guidelines
Effective: 2024-05-29
Prescription Drug Reform Act
Regulates pharmacy benefit managers (PBMs) as insurance administrators, requiring certificates of authority, financial reporting, and contractual protections for consumers and pharmacies. Prohibits 'fail twice' step therapy and restricts data sharing with affiliated pharmacies.
Pharmacy benefit managers face new licensing and transparency requirements; consumers gain protections against restrictive drug access policies
Effective: 2024-01-01
Tort Reform and Civil Litigation
Reduces statute of limitations for negligence claims from 4 years to 2 years, modifies bad faith insurance claim procedures, establishes rebuttable presumption that lodestar fee is reasonable attorney fee, and reforms medical malpractice and premises liability standards.
Plaintiffs have shorter timeframe to file lawsuits; insurers benefit from reduced litigation exposure and modified bad faith claim procedures
Effective: 2023-03-24
Motor Vehicle Glass Coverage
Revises requirements for comprehensive motor vehicle insurance coverage related to windshield repair and replacement, including consumer choice provisions and anti-steering protections.
Auto insurance policyholders gain enhanced protections when selecting glass repair providers; insurers must comply with new coverage requirements
Effective: 2023-07-01
Property Insurance Reform
Shortens claim handling timeframes (7 days to acknowledge, 30 days for inspection, 60 days to pay/deny), reduces claim filing deadline to 1 year, authorizes electronic investigation methods, prohibits one-way attorney fees except in limited circumstances, and strengthens insurer accountability.
Property insurance claims processed faster with stricter deadlines; reduced litigation incentives through attorney fee reforms; consumers benefit from quicker claim resolution
Effective: 2022-12-16
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