Title: Homeowner's Insurance Reform

Summary: Urges Congress to institute homeowner's insurance reform.

Full Text:
WHEREAS, such homeowner's insurance reform should focus on enjoining banks to require homeowners to carry insurance sufficient to secure the outstanding balance on a home's mortgage rather than to replace the home at the current market value, making increases to homeowner's insurance premiums tax deductible, and reducing red tape to ensure that postdisaster relief is ef ficiently distributed to affected areas and free from political interference, NOW, THEREFORE, Be It Resolved by the Legislature of the State of Florida: HM 4069 2025 hm4069 FL OR I DA HO US EO FR EP RE SE NT A TI VE SR EP RE SE NT A TI VE SThat the Congress of the United States is requested to institute homeowner's insurance reform as the property insurance market in several states is facing a crisis. BE IT FURTHER RESOLVED that the Secretary of State dispatch copies of this memorial to the President of the United States, the President of the United States Senate, the Speaker of the United States House of Representatives, and each member of the Florida delegation to the United States Congress.