HB 659 & SB 1036-Relating to Automobile Insurance
On Thursday, March 10th, HB 659, relating to Automobile Insurance, by Rep. David Santiago (R-Deltona) was substituted for its Senate companion, SB 1036, by Senator Jeff Brandes (R-St. Petersburg) read for a third time on the Senate floor and passed by a vote of 34 yeas to 5 nays.  

HB 659 makes numerous compliance related changes to the automobile insurance statutes, and also repeals the prohibition on the use of a single zip code as a rating territory, so long as the use of a single zip code as a territory meets certain actuarial requirements. In addition, the bill requires the Division of Insurance Fraud to study the efficacy of mandatory pre insurance inspections on used vehicles in certain counties.

HB 659 will now go to the desk of Governor Scott to be signed into law.

AIF supports smart, targeted reforms that help keep the insurance markets up to date and with the times.