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Relating To Property Insurance.

Engrossed on 3/10/26

Summary

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From the Legislature

Establishes a minimum time frame of twenty-four months following loss due to declared state of emergency for the policyholder to submit documentation to recover full replacement cost value of covered dwelling or structure. Allows extensions for good cause. Establishes a minimum time frame of twelve months from completion of covered dwelling or structure for the policyholder to submit documentation to recover full replacement cost value of covered personal property. Requires homeowners insurers to give timely notice to policyholders to explain the time frames and extensions. Effective 7/1/3000. (HD1)

Sponsors

DDDDDD
6
0
Democratic CaucusRepublican Caucus

Roll Call Votes

Senate Commerce and Consumer Protection: Passed, With Amendments

5 Yea

DRDDD

0 Nay

Calendar

Feb 25

9:32 AM

Senate Commerce and Consumer Protection Hearing

Apr 7

2:05 PM

House Consumer Protection & Commerce Hearing