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New Insurance Policy Law Aims To Clarify What Isn't Covered

Monroe County Board of County Commissioners via facebook
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Damage from Hurricane Irma in the Florida Keys.
Credit Monroe County Board of County Commissioners via facebook
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Insurance companies must include bold font text detailing what they do and do not cover, thanks to new law.

Homeowners insurance policies must include in 18-pt. bold font, a statement that coverage doesn’t include flood insurance. The text must also point out it can be purchased separately.

“That bill was again meant to provide more awareness, bigger, bolder font make sure its explained to the consumer that homeowners insurance does not cover the peril of flood that takes a separate flood insurance policy," says Florida Association of Insurance Agents President Jeff Grady. 

The law also mandates similar warnings for health, sinkhole, life and other types of insurance policies.

Florida has nearly 1.8 million federal flood insurance policies, the most in the country.

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Blaise Gainey is a Multimedia Reporter for WFSU News. Blaise hails from Windermere, Florida. He graduated from The School of Journalism at the Florida A&M University. He formerly worked for The Florida Channel, WTXL-TV, and before graduating interned with WFSU News. He is excited to return to the newsroom. In his spare time he enjoys watching sports, Netflix, outdoor activities and anything involving his daughter.
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