SB 833 - Walsh, Gina
Modifies homeowner's insurance premium rate calculation factors and requires an insurer to pay for structural damage to property in certain instances
Bill Details
Sponsor
LR Number
4949S.01I
Title
SB 833
House Handler
N/A
Journal Page
Effective Date
August 28, 2014
Committee
Current Status
Second Read and Referred S Small Business, Insurance and Industry Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 833 - This act prohibits an insurer from considering claims history of a previous owner on a property when determining insurance rates for the current owner. This act also requires that an insurer pay a claim for verifiable structural damage without regard to any misrepresentations as to personal property included in the claim.
MICHELA BIRK