Florida Senate - 2016 COMMITTEE AMENDMENT Bill No. SB 342 Ì417300cÎ417300 LEGISLATIVE ACTION Senate . House Comm: RCS . 01/27/2016 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Banking and Insurance (Detert) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete lines 13 - 24 4 and insert: 5 83.491 Renters insurance.—A rental agreement entered into 6 on or after January 1, 2017, must specify whether a tenant is 7 required to obtain renters insurance and must provide in the 8 agreement a line for the tenant’s initials immediately following 9 that provision. 10 (1) If renters insurance is required, the rental agreement 11 must specify the coverage required. 12 (2) If renters insurance is not required, the rental 13 agreement must provide a statement in substantially the 14 following form: “The tenant is not required to obtain renters 15 insurance; however, the tenant is strongly advised to obtain 16 renters insurance to cover damage to or loss of personal 17 property.” 18 (3) Failure to provide the notice in subsection (2) does 19 not create a private cause of action and does not nullify any 20 part of the rental agreement under this part. 21 22 ================= T I T L E A M E N D M E N T ================ 23 And the title is amended as follows: 24 Delete line 6 25 and insert: 26 insurance is or is not required; providing that 27 failure to include a certain notice in a rental 28 agreement does not create a private cause of action or 29 nullify any part of the rental agreement; providing an