SB1141

SB1141 amends Hawaii insurance laws to enhance wildfire disaster coverage for homeowners.

SB1141 amends Hawaii insurance laws to enhance wildfire disaster coverage for homeowners. It mandates that insurers offer at least 65% of the replacement cost for the contents of a furnished owner-occupied residence lost due to a wildfire. Insurers must provide additional living expense coverage for at least 24 months, with the option for policyholders to extend this period twice by six months each. The bill also requires insurers to pay for the loss of use of insured property within 20 days of receiving documentation, and to pay for debris removal within 30 days.