INSURANCE/PROPERTY: Provides relative to the Louisiana Citizens Property Insurance Corporation

This bill allows policyholders of the Louisiana Citizens Property Insurance Corporation to request in writing that they exclude specific types of personal property, such as tangible items and movable goods, from their coverage. If a homeowner chooses to remove this coverage, the insurance company is permitted to lower their premium by an amount that is actuarially justified. The changes apply to different sections of the insurance code to ensure consistency in how personal property exclusions are handled.