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HOW CLAIMS ARE REPORTED DMS' Insurance Policies Are Contracts between the State of Florida and Insurance Companies Form

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the Florida home insurance Market is facing a major crisis as companies are going out of business and are pulling out of the state you're probably wondering what's being done to fix this mess well Florida lawmakers got together and passed some bills and attempts to begin turning the insurance market around or at least to slow the downward spiral they set up the my safe Florida home program to help homeowners strengthen their homes against storm damage home insurance companies will not be able to deny coverage for homes solely based on roof age if a roof is less than 15 years old and still has five years of useful life left an attempts to discourage fraudulent lawsuits and decrease litigation costs lawyers will be restricted in the rates they can charge for property insurance claims cases they did away with one-way attorney fees an assignment of benefit forms and anyone insured by citizens property insurance is now required to purchase flood insurance whether or not they

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