Florida: Keeping up with new statues (waterbeds)

[Joy G.]

I always try to keep up with new statutes so I am informed but I didn't notice that in Florida we now have to allow a tenant to have a waterbed and can require floatation insurance.

83.535 Flotation bedding system; restrictions on use.—No landlord may prohibit a tenant from using a flotation bedding system in a dwelling unit, provided the flotation bedding system does not violate applicable building codes. The tenant shall be required to carry in the tenant’s name flotation insurance as is standard in the industry in an amount deemed reasonable to protect the tenant and owner against personal injury and property damage to the dwelling units. In any case, the policy shall carry a loss payable clause to the owner of the building.

In the past, I did not allow waterbeds or aquariums. My questions are (1) Can I ask for a copy of the insurance for my files,  to verify that they complied, (2) How do I figure "an amount deemed reasonable to protect the tenant and owner against personal injury and property damage to the dwelling units and (3) what does this mean "the policy shall carry a loss payable clause to the owner of the building.". 

Thank you for any help and clarification. 

[Tim Miller]

Just to make life more fun, Florida does this. LOL The insurance is sounding more like Renters Ins. You have to make sure that you or your company is named as additionally insured.

As for the amount's, I would suggest asking your ins agent. They would be able to provide a good number or a range for you to figure out what well work best for you. Good Luck.