Board Insurance Obligations Under Florida Statute 718.111(11)

The "adequate coverage" standard

HB 913 (2025) amended 718.111(11) so that adequate property insurance coverage may be based on the replacement cost of the property as determined by an independent insurance appraisal, or an update of a prior one. That replacement cost must be re-determined at least every three years.

A lot of association policies were bound on numbers that are now stale. If your association has not re-appraised in years, the coverage may no longer meet the current standard, and a claim could fall short of the real cost to rebuild.

Windstorm coverage is the mandatory default

Florida law requires an insurer issuing a residential property policy to provide windstorm coverage. It is not an optional add-on the insurer can simply omit.

A policyholder can only exclude it through a strict signed procedure: the policyholder must personally write or type an exact statutory statement declining windstorm coverage, signed and dated by all named insureds, with mortgageholder or lienholder written approval if applicable. Entities follow a parallel letterhead-signature process. If no one on your board signed that, your windstorm coverage should be intact.

Sources

• Fla. Stat. § 718.111(11), as amended by HB 913 (2025) — Florida Senate bill analysis
• Fla. Stat. § 627.712 (windstorm coverage and opt-out procedure)

This page is for general information, not legal advice. Confirm any deadline or obligation against your association’s governing documents and current Florida law.