VIDEO: Understanding Florida’s Property Insurance Changes for 2023
Florida lawmakers are on the offense, aggressively attacking the high cost of property insurance in one of the country’s most volatile storm zones. A new set of laws are in effect in 2023, just on the heels of major changes that impacted the roofing and construction industries last year.
“It’s become a crisis situation here in Florida because property insurance is skyrocketing and no one wants to provide property insurance here because of the number of claims,” said RC Legal Insights Expert Trent Cotney, of Adams and Reese. In this brief video chat, Cotney breaks down the various provisions of the new law that impact both the contractor and the insurer.