Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 420
Barcode 804576
CHAMBER ACTION
Senate House
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11 The Committee on Banking and Insurance (Posey) recommended the
12 following amendment to amendment (710386):
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14 Senate Amendment (with title amendment)
15 On page 3, line 24, through
16 page 4, line 23, delete those lines
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18 and insert:
19 (2)(4) The inspection allowed required by this section
20 shall be provided by the insurer or by a person or
21 organization authorized by the insurer. The applicant may be
22 required to pay the cost of the inspection, not to exceed $5.
23 The inspection shall be recorded on a form prescribed by the
24 commission, and the insurer shall be provided with direct and
25 timely access to the complete inspection report via the
26 Internet or the form or a copy shall be retained by the
27 insurer with its policy records for the insured. The insurer
28 shall provide a copy of the form to the insured upon request.
29 Any inspection fee paid directly by the applicant may not be
30 considered part of the premium. However, an insurer that
31 provides the inspection at no cost to the applicant may
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Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 420
Barcode 804576
1 include the expense of the inspection within a rate filing.
2 (3)(5) The inspection shall include at least the
3 following:
4 (a) Taking a physical imprint of the vehicle
5 identification number of the vehicle or otherwise recording
6 the vehicle identification number in a manner prescribed by
7 the commission.
8 (b) Recording the presence of accessories required by
9 the commission to be recorded.
10 (c) Recording the locations of and a description of
11 existing damage to the vehicle.
12 (d) Taking two color images at oblique angles, clearly
13 showing all four sides of the vehicle and any observable prior
14 damage, and taking one color image of the Motor Vehicle Safety
15 Standard Label, which includes the vehicle identification
16 number. As used in this paragraph, the term "color image"
17 means any technology producing a clear visual image in color,
18 including, but not limited to, an instant-type photograph, a
19 photograph using the film process, a digital photograph, or
20 other digital-imaging process that may be accessed, stored,
21 and retrieved via the Internet.
22 (4) No expense for preinsurance inspections of motor
23 vehicles may be included in any rate filing by an insurer
24 after the effective date of this act. Each insurer that
25 included the expense for preinsurance inspections of private
26 passenger motor vehicles in rate filings for physical damage
27 coverage, including collision or comprehensive coverage, filed
28 with the office before July 1, 2006, shall make a new rate
29 filing with the office, on or before October 1, 2006, which
30 shall:
31 (a) Identify the expense attributable to preinsurance
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Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 420
Barcode 804576
1 inspections in prior rate filings;
2 (b) Eliminate such expense; and
3 (c) Reduce the premiums for physical damage coverage
4 accordingly in policies issued after October 1, 2006.
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6 This subsection does not apply to an insurer that notifies the
7 office, on or before October 1, 2006, that it will uniformly
8 conduct preinsurance inspections of motor vehicles as a
9 condition of issuance of a policy providing physical damage
10 coverage, including collision and comprehensive coverage, in
11 this state, that such inspections will comply with subsection
12 (3), and that the insurer may include the inspection expense
13 in future rate filings.
14 (6) An insurer may defer an inspection for 30 calendar
15 days following the effective date of coverage for a new
16 policy, but not for a renewal policy, and for additional or
17 replacement vehicles to an existing policy, if an inspection
18 at the time of the request for coverage would create a serious
19 inconvenience for the applicant and such hardship is
20 documented in the insured's policy record.
21 (5)(7) The commission may, by rule, establish such
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24 ================ T I T L E A M E N D M E N T ===============
25 And the title is amended as follows:
26 On page 5, line 13, after the semicolon,
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28 insert:
29 requiring insurers to reduce premiums in an
30 amount equal to the expense previously included
31 in their rates for the inspections; providing
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Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 420
Barcode 804576
1 that insurers that continue to conduct
2 inspections that comply with this section may
3 continue to include the expense in their rates;
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