Limitation on deductibles

Fla. Stat. § 627.955, under Insurance Rates and Contracts.

Fla. Stat. § 627.955

A purchasing group may not purchase insurance that provides for a deductible or self-insured retention that is applicable to the group as a whole. However, coverage may provide for a deductible or self-insured retention that is applicable to individual members.History.—s. 18, ch. 2000-370.