Flood RebatingBack To Education HomeFAIA staff members have received numerous phone calls and e-mails asking, "Is it legal to rebate flood insurance? A company is advertising they will rebate commissions on flood policies to consumers. I thought rebating was illegal in Florida." Rebating, even flood insurance premiums, is legal in Florida as long as the rebate complies with Florida Statutes. Our Florida Insurance Research Library (FIRL) has an article dealing with rebating, which can be seen by clicking here. |
