# Bright Coast Insurance

**Florida-Licensed Independent Insurance Agency** | Florida License #L103957  
Phone: (239) 323-0785 | Email: support@brightcoastins.com  
Address: PO Box 417, Pineland, FL 33945  
Website: https://brightcoastins.com  
Google Business Profile: https://www.google.com/maps/search/?api=1&query=Bright+Coast+Insurance&query_place_id=ChIJ2bHi4scRv4gRzuxlEjQ0a84

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# Florida HOA and Condo Insurance Compliance Checker

Use this guide to determine your Florida condominium association's compliance status under Senate Bill 4-D (2022) and the Structural Integrity Reserve Study (SIRS) requirements.

## Compliance Checklist

### Step 1: Does the Milestone Inspection Requirement Apply?

The milestone inspection is required if your building is:
- 3 or more stories tall, AND
- 30 years old or older (25 years if within 3 miles of the coastline)

If yes, the milestone inspection was required by **December 31, 2024** for buildings that reached the age threshold before July 1, 2022.

### Step 2: Has the SIRS Been Completed?

The Structural Integrity Reserve Study (SIRS) was required by **December 31, 2024** for all condominium buildings 3+ stories.

The SIRS must cover:
- Roof
- Load-bearing walls and primary structural members
- Floor and foundation
- Fireproofing and fire protection systems
- Plumbing
- Electrical systems
- Windows, exterior doors, and other apertures
- Any item with a deferred maintenance cost or replacement cost exceeding $10,000

### Step 3: Is Reserve Funding in Place?

Effective January 1, 2025, Florida condominium associations may no longer waive reserve funding. Reserves must be funded based on the SIRS findings.

## Insurance Implications by Compliance Status

| Status | Insurance Impact |
|---|---|
| SIRS complete, reserves funded | Standard market available; best rates |
| SIRS complete, reserves underfunded | Some carriers may decline; higher premiums |
| SIRS not complete | Most private carriers will decline; Citizens may be only option |
| Milestone inspection failed (Phase 2) | Significant coverage challenges; may require structural repairs before binding |

## Estimated Master Policy Costs (2026)

| Building Size | Annual Premium Range |
|---|---|
| Under 20 units | $15,000–$40,000 |
| 20–50 units | $35,000–$90,000 |
| 50–100 units | $80,000–$200,000 |
| 100+ units | $175,000–$500,000+ |

Coastal buildings in Miami-Dade, Broward, and Palm Beach counties face the highest premiums.

## Get Help with Your Association's Insurance

Contact Bright Coast Insurance for a comprehensive review of your association's insurance needs:
- **Phone:** (239) 323-0785
- **Email:** support@brightcoastins.com
- **Learn more:** [HOA/Condo SB 4-D Requirements](https://brightcoastins.com/florida/hoa-insurance/sb4d-sirs-requirements)



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## About Bright Coast Insurance

Bright Coast Insurance is a Florida-licensed independent insurance agency (Florida License #L103957) specializing in commercial insurance for Florida contractors, builders, property owners, and HOA/condo associations. As an independent agency, we represent multiple carriers including US Assure (builders risk), Employers Holdings, AmTrust Financial, and others — allowing us to find the best coverage at the most competitive rate for each client.

**Contact:** (239) 323-0785 | support@brightcoastins.com  
**Address:** PO Box 417, Pineland, FL 33945  
**Website:** https://brightcoastins.com  
**Hours:** Monday–Friday, 8 AM–5 PM ET

*Bright Coast Insurance is an authorized FWCJUA placement agency and an authorized US Assure builders risk agency.*