1 | Representatives Altman offered the following: |
2 |
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3 | Amendment |
4 | Between lines 960 and 961 insert: |
5 | h. Any structure designed by a licensed architect or |
6 | engineer and constructed or renovated by a licensed contractor |
7 | to withstand a 100 year storm event shall be entitled coverage |
8 | by Citizens Property Insurance Corporation at a rate that is 10 |
9 | percent above the private market for similarly constructed |
10 | structures. The rates shall be published by the corporation to |
11 | ensure property owners that coverage will be available at the |
12 | time construction is complete. |