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HB 763

Consumer Guide to Homeowner's Insurance

2025 Regular Session Introduced by Yvette Benarroch

Florida bill requiring state-developed homeowner's insurance consumer guide to improve policyholder understanding of coverage and rights, died in committee without passage.

Died in Insurance & Banking Subcommittee
#insurance
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Bill Summary · HB 763

Legislative bill overview

HB 763 would require the state to develop and distribute a comprehensive consumer guide to help Florida homeowners understand homeowner's insurance policies, coverage options, and their rights. The bill aimed to improve consumer literacy around insurance products during a period of market instability in Florida's insurance sector.

Why is this important

Florida faces a homeowner's insurance crisis with rising premiums, limited carrier availability, and increasing reliance on the state's insurer of last resort (Citizens Property Insurance). Better consumer education could help homeowners make informed decisions, understand coverage gaps, and potentially reduce disputes with insurers—though the bill died before passage and cannot address these issues.

Potential points of contention

  • Cost and implementation: Developing and maintaining quality educational materials requires state resources and ongoing updates as insurance products evolve
  • Effectiveness limitations: A consumer guide alone cannot solve structural market problems like insurer insolvencies, rate increases, or limited carrier options
  • Insurance industry perspective: Some insurers may view aggressive consumer education as unnecessary regulation or competitive disadvantage if guides emphasize consumer rights too heavily

Compiled from official sources — confirm details with the bill’s official record.

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