Electric Vehicle (EV) Insurance Regulation
Insurance companies may not impose surcharges on EVs based on factors such as new technology, passenger payload, weight-to-horsepower ratio, and the types of material used to manufacture the vehicle, unless the Florida Office of Insurance Regulation receives actuarial data that determines the surcharges are justified.
(Reference Florida Statutes 627.06535)
Type: Laws and Regulations
Technologies: EVs, PHEVs
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