Pet insurance coverage is taken into account property insurance coverage, and pet protection and pet wellness applications will quickly face new laws and disclosure necessities beneath a invoice signed into legislation by Florida Gov. Ron DeSantis.
Home Invoice 655, accredited with no opposition within the Florida Legislature this month, takes impact Jan. 1, bringing a variety of new guidelines to the quickly rising pet insurance coverage market in Florida. Amongst different modifications, the brand new legislation clarifies that owners’ insurance coverage insurance policies could embody protection for pet medical care, and that the protection just isn’t topic to statutes governing well being or life insurance coverage.
The invoice, sponsored by Rep. Kaylee Tuck, additionally goals to restrict misleading practices which were reported in pet wellness applications: Pet insurance coverage brokers might be barred from advertising wellness applications as pet insurance coverage, they usually can’t make a wellness program a prerequisite to the acquisition of insurance coverage.
Insurance policies should additionally disclose protection exclusions and insurers should present details about how claims funds are decided. Insurance policies should permit a 30-day interval for pet homeowners to return insurance policies if they’re unhappy, a legislative evaluation explains. Insurance coverage corporations should prepare brokers on protection and situations.
The 15-page invoice may be seen here. The legislative workers evaluation is here.
As pet insurance coverage insurance policies and wellness applications have grown in reputation nationwide, so have issues, in accordance with information and legislative accounts. HB 655 didn’t immediately deal with recent reports which have raised alarms about some pet wellness applications that promote uncooked meat for pets, which have been linked to chook flu in animals and will result in an increase in pet insurance coverage claims.
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