Florida Statutes 627.7016 – Insurer contracts with building contractors
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 627.7016
- Contract: A legal written agreement that becomes binding when signed.
An insurer who offers residential coverage, as defined in s. 627.4025, may contract with a building contractor skilled in techniques that mitigate hurricane damage. Insurers may offer policyholders the option to select the services of such building contractors to repair damage covered by the insurance policy. The insurer must guarantee the building contractor’s work and may offer the policyholder any other terms, conditions, or benefits. The insurance company is not liable for the actions of the building contractor.