Building Code Administrators and Inspectors Florida Principle and Practice Licensure Practice Exam

Which of the following fines is associated with making a false statement regarding insurance coverage for the second offense?

1. $1,000 fine

2. $2,000 fine

3. $2,500 fine

4. $5,000 fine

The correct answer is: $2,500 fine

The fine associated with making a false statement regarding insurance coverage for the second offense is indeed $2,500. This amount reflects the severity of the infraction, considering that false statements about insurance can lead to significant issues in terms of liability and trust in a professional context. In the realm of building code administration and inspection, maintaining accurate information regarding insurance coverage is critical to protecting not only the public but also the professionals involved. A second offense incurs a higher penalty, which serves as a deterrent against such behavior and reinforces the importance of honesty and compliance in the industry. This fine structure underscores the commitment to ethical practices within the profession, aiming to uphold the integrity of building codes and insurance standards.