FLORIDA STATUTES RULES AND REGULATIONS
COMMON COMPREHENSIVE SCRIPT 2026
QUESTIONS AND ANSWERS GUARANTEED TO
PASS
◉ What is the purpose of the Citizens Property Insurance
Corporation? Answer: offer coverage on properties in FL susceptible
to windstorm damages
◉ What are the 2 covered perils with the Citizens Property
Insurance corporation? Answer: windstorm and hail
◉ What types of property are covered with the Citizens Property
Insurance corporation? Answer: all types of buildings AND content,
including mobile homes that have been tied down
◉ What are the alternative deductible amounts applicable to
hurricane losses that insurers are required to offer in FL? Answer:
losses equal to $500, 2%,5%,10% of the dwelling policy limits;
unless the specific percentage deductible is less than $500
◉ In FL, what are insurers required to offer consumers who exercise
windstorm damage mitigation techniques? Answer: actuarially
reasonable discounts, credits, reduction in deductibles
,◉ In FL, what percentage of the annual premium can insurers offer a
discount to mobile home owners practicing windstorm damage
mitigation techniques? Answer: up to 10%
◉ In FL, how many hours of continuing education must a licensed
general lines agent complete regarding premium discounts for
hurricane mitigation techniques? Answer: 1 hr every 2 years
◉ In FL, what insurers are required to offer coverage regarding
catastrophic ground cover collapse? Answer: all of them transacting
property insurance in fL
◉ What must occur after a sinkhole loss BEFORE sinkhole loss
coverage pays? Answer: an inspection by the insurer
◉ What are the possible deductible percentages residential property
policies may include for catastrophic ground cover collapse?
Answer: 1,2,5 or 10%
◉ In FL, regarding sinkhole loss, what is required in order to add
coverage for any structure and its contents? Answer: an additional
premium
, ◉ What does limited sinkhole coverage insurance cover? Answer:
dwelling only
◉ In FL, how are repairs/replacement costs assessed for
losses/damages? Answer: professional engineer recommendation
◉ What are the policy limits for limited sinkhole coverage
insurance? Answer: minimum $50,000, unless costs exceed
replacement cost of the property
◉ How many days must an insurer notify the Office of Insurance
Regulation when they change their rates? Answer: NLT 30 days from
the effective date
◉ How long must rate data be maintained in FL? Answer: min. 2 yrs
◉ In FL, before an insurer writes limited sinkhole coverage, what
must they provide to the Office of Insurance? When must they notify
them? Answer: plan of operation and financial projections; must be
a min. of 30 days before writing coverage
◉ What does the limited fungi, wet/dry rot, or bacteria coverage
endorsement apply to? Answer: property and liability losses
COMMON COMPREHENSIVE SCRIPT 2026
QUESTIONS AND ANSWERS GUARANTEED TO
PASS
◉ What is the purpose of the Citizens Property Insurance
Corporation? Answer: offer coverage on properties in FL susceptible
to windstorm damages
◉ What are the 2 covered perils with the Citizens Property
Insurance corporation? Answer: windstorm and hail
◉ What types of property are covered with the Citizens Property
Insurance corporation? Answer: all types of buildings AND content,
including mobile homes that have been tied down
◉ What are the alternative deductible amounts applicable to
hurricane losses that insurers are required to offer in FL? Answer:
losses equal to $500, 2%,5%,10% of the dwelling policy limits;
unless the specific percentage deductible is less than $500
◉ In FL, what are insurers required to offer consumers who exercise
windstorm damage mitigation techniques? Answer: actuarially
reasonable discounts, credits, reduction in deductibles
,◉ In FL, what percentage of the annual premium can insurers offer a
discount to mobile home owners practicing windstorm damage
mitigation techniques? Answer: up to 10%
◉ In FL, how many hours of continuing education must a licensed
general lines agent complete regarding premium discounts for
hurricane mitigation techniques? Answer: 1 hr every 2 years
◉ In FL, what insurers are required to offer coverage regarding
catastrophic ground cover collapse? Answer: all of them transacting
property insurance in fL
◉ What must occur after a sinkhole loss BEFORE sinkhole loss
coverage pays? Answer: an inspection by the insurer
◉ What are the possible deductible percentages residential property
policies may include for catastrophic ground cover collapse?
Answer: 1,2,5 or 10%
◉ In FL, regarding sinkhole loss, what is required in order to add
coverage for any structure and its contents? Answer: an additional
premium
, ◉ What does limited sinkhole coverage insurance cover? Answer:
dwelling only
◉ In FL, how are repairs/replacement costs assessed for
losses/damages? Answer: professional engineer recommendation
◉ What are the policy limits for limited sinkhole coverage
insurance? Answer: minimum $50,000, unless costs exceed
replacement cost of the property
◉ How many days must an insurer notify the Office of Insurance
Regulation when they change their rates? Answer: NLT 30 days from
the effective date
◉ How long must rate data be maintained in FL? Answer: min. 2 yrs
◉ In FL, before an insurer writes limited sinkhole coverage, what
must they provide to the Office of Insurance? When must they notify
them? Answer: plan of operation and financial projections; must be
a min. of 30 days before writing coverage
◉ What does the limited fungi, wet/dry rot, or bacteria coverage
endorsement apply to? Answer: property and liability losses
