Senate Bill sb1332

    Florida Senate - 2004                                  SB 1332

    By Senator Fasano





    11-845-04

  1                      A bill to be entitled

  2         An act relating to private passenger motor

  3         vehicle insurance; requiring an employee or

  4         agent of an insurer to provide certain

  5         disclosures prior to the sale of such

  6         insurance; providing an effective date.

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  8  Be It Enacted by the Legislature of the State of Florida:

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10         Section 1.  An employee or agent of an insurer, before

11  accepting an application for private passenger motor vehicle

12  insurance, must:

13         (1)  Give the applicant a written disclosure statement

14  that;

15         (a)  Describes in plain language the types and amounts

16  of coverages that are available in this state, including

17  bodily injury liability, personal injury protection, property

18  damage liability, medical payments, uninsured and underinsured

19  motorist, collision, and comprehensive coverages; and

20         (b)  States which types and amounts of coverage are

21  provided in the proposed policy;

22         (2)  Explain such coverages to the applicant and answer

23  any questions from the applicant;

24         (3)  Have the applicant initial the description of each

25  coverage and sign the disclosure statement acknowledging that

26  the employee or agent explained the coverages and that the

27  applicant understands them; and

28         (4)  Provide a copy of the signed disclosure statement

29  to the applicant.

30         Section 2.  This act shall take effect July 1, 2004.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2004                                  SB 1332
    11-845-04




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 2                          SENATE SUMMARY

 3    Requires that a disclosure statement explaining the
      available coverages and coverages selected be given to an
 4    applicant for private passenger motor vehicle insurance
      before an agent or employee of the insurer may accept the
 5    application. Establishes disclosure requirements.

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CODING: Words stricken are deletions; words underlined are additions.