Homeowner's Insurance Premium Reductions

Failed on 3/13/26

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From the Legislature

Requires premium reductions to be applied to homeowners who maintain certain claim-free periods; provides requirements for such premium reductions; provides that homeowners who file major storm claims remain eligible for premium reductions; requires OIR to determine premium reduction schedules for such homeowners; prohibits homeowners' insurers from treating major storm claims as certain other claims; requires homeowners' premium reductions for mitigation upgrades.

Sponsors

DD
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Democratic CaucusRepublican Caucus