HB 437 Louisiana House · 2025 Regular Session

INSURANCE CLAIMS: Provides settlement practices for claims relative to property and rentals of motor vehicles

HB 437 establishes a standardized model proof of loss form for property and motor vehicle insurance claims, requiring policyholders to provide specific details like loss location, estimated repair costs, and certifications about claim accuracy. It directly affects policyholders filing claims and insurers processing them, clarifying that reasonable rental expenses are limited to periods when rental coverage wasn’t approved. Key provisions include adding a required form with fields for policy details, loss description, and legal owner information, while prohibiting insurers from using non-standard formats for this document. The bill does not alter coverage terms but standardizes documentation to improve clarity in the claims process.

Bill status signed all 5 stages cleared

Introduction

Apr 2025

Committee Review

May 2025

House Passage

Jun 2025

Senate Passage

Jun 2025

Signed into Law

Jul 2025

Introduced Apr 4, 2025 Signed Jul 1, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

HB437 Original → HB437 Act 500 · 5 edits

MODERATE

This bill was updated from its original draft to its final enrolled version, expanding the list of sponsoring representatives and adjusting the page count. The most significant substantive change is the addition of a penalty for insurers that fail to provide rental vehicles within three business days; this penalty now includes a cap of $2,500 or 50% of reasonable expenses, whichever is greater, and explicitly defines 'reasonable expenses' to include loss of use. Additionally, the rules for calculating vehicle value were clarified to allow local market values if they exceed standard database valuations.

Scope change

The bill's scope remains focused on insurance claims for property and rentals of motor vehicles, but the enforcement mechanisms for rental coverage delays have been strengthened.

TIMELINE

The deadline for insurers to provide rental vehicles was clarified to be within three business days of a written request.

ENFORCEMENT

A new penalty was added for insurers failing to meet the rental deadline, capped at $2,500 or 50% of reasonable expenses, whichever is greater.

DEFINITION

The definition of 'reasonable expenses' was expanded to explicitly include expenses associated with the loss of use of the insured vehicle.

REQUIREMENT

The method for determining actual cash value was updated to allow local market values if they are higher than values found in standard industry databases.

TECHNICAL

The list of sponsoring representatives was updated to include additional co-sponsors, and the document was renumbered from 5 pages to 6 pages.

Floor votes · Senate Jun 3, 2025 · House Apr 30, 2025

How they voted

26–8

Passed · 3 other

Total votes 37

Jun 3, 2025

D Democratic11

3 Yea 8 Nay

72% Nay

R Republican26

23 Yea 3

88% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 8, 2025

Lower · Passed

Read by title, roll called, yeas 72, nays 26, Senate amendments concurred in.

lower

Jun 3, 2025

Upper · Passed

Senate floor amendments read and adopted. Read by title, passed by a vote of 28 yeas and 8 nays, and ordered returned to the House. Motion to reconsider tabled.

upper

May 19, 2025

Committee

Read by title and referred to the Legislative Bureau.

upper

May 14, 2025

Upper · Passed

Reported favorably.

upper

Apr 30, 2025

Lower · Passed

Read third time by title, roll called on final passage, yeas 71, nays 27. Finally passed, title adopted, ordered to the Senate.

lower

Apr 23, 2025

Lower · Passed

Reported favorably (10-5).

lower

Apr 14, 2025

Committee

Read by title, under the rules, referred to the Committee on Insurance.

lower

Apr 4, 2025

Committee

Under the rules, provisionally referred to the Committee on Insurance.

lower

1 primary · 14 co-sponsors