Exams / Florida Public Adjuster License / Fla. Stat. §626.9374
Fla. Stat. §626.9374 — what it says, and how the exam tests it
This section is cited by 2 of our practice questions and is tested on 2 exams including the Florida Public Adjuster License.
The text
626.9374 Liability of insureds; deductible and coinsurance. — (1) Any surplus lines, personal lines residential property insurance policy issued on or after October 1, 2009, containing a separate hurricane or wind deductible must on its face include in at least 14-point, boldface type the following statement: THIS POLICY CONTAINS A SEPARATE DEDUCTIBLE FOR HURRICANE OR WIND LOSSES, WHICH MAY RESULT IN HIGH OUT-OF-POCKET EXPENSES TO YOU. (2) A surplus lines, personal lines residential property insurance policy issued on or after October 1, 2009, containing a coinsurance provision applicable to hurricane or wind losses must on its face include in at least 14-point, boldface type the following statement: THIS POLICY CONTAINS A CO-PAY PROVISION THAT MAY RESULT IN HIGH OUT-OF-POCKET EXPENSES TO YOU.
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- A surplus lines residential property insurance policy issued in Florida contains a separate hurricane deductible. According to Florida law, how must this information be displayed on the policy face?
drill Florida Statutes, Rules and Regulations Pertinent to Personal Lines Insurance → - A surplus lines insurer issues a personal lines residential property insurance policy containing a separate hurricane deductible. Under Florida law, what disclosure must appear on the face of the policy?
drill Selected Florida Statutes and Rules →