Iowa SF239 mandates insurance coverage for hazardous liquid pipeline applicants to cover damages and increased insurance costs.

Iowa SF239 establishes insurance requirements for applicants seeking a hazardous liquid pipeline permit. The bill requires applicants to provide evidence of a surety or insurance policy that ensures payment of all damages resulting from the construction and operation of the pipeline, including negligent or intentional discharge of content. Additionally, if any person is unable to obtain insurance or experiences increased costs due to the pipeline's presence, the pipeline owner must either purchase insurance on their behalf or reimburse them for the increased costs.

Iowa SF239 mandates insurance coverage for hazardous liquid pipeline applicants to cover damages and increased insurance costs.

Iowa SF239 establishes insurance requirements for applicants seeking a hazardous liquid pipeline permit. The bill requires applicants to provide evidence of a surety or insurance policy that ensures payment of all damages resulting from the construction and operation of the pipeline, including negligent or intentional discharge of content. Additionally, if any person is unable to obtain insurance or experiences increased costs due to the pipeline's presence, the pipeline owner must either purchase insurance on their behalf or reimburse them for the increased costs.