Personal Lines Residential Property Insurance
Summary
Personal Lines Residential Property Insurance; Requires insurer to offer policy that provides coverage limit on dwelling equal to unpaid principal balance of all mortgage loans on risk; requires insurer issuing such policy to obtain certain signed statement; specifies language for such statement; prohibits personal lines residential property insurer from requiring coverage limit that includes value of land upon which dwelling sits.
Bill status
died
1 of 4 stages cleared
Introduction
Dec 2023
Committee Review
Floor Vote
Governor
Introduced Dec 8, 2023
Last action Mar 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Dec 27, 2023
Lower · Passed
Now in Insurance & Banking Subcommittee
lower
Dec 27, 2023
Committee
Referred to Commerce Committee
lower
Dec 27, 2023
Committee
Referred to State Administration & Technology Appropriations Subcommittee
lower
Dec 27, 2023
Committee
Referred to Insurance & Banking Subcommittee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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